Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Like a Tesla then....
Wrong...AGAIN!
As I have already stated CZA knew about this situation but continued in its insistence that the deal would be finalised up to the point where they could no longer continue the deceit. If you read the previous RNSs there is no mention that the coal supply agreement between UC and Eskom had not been signed only that CZA where attempting to obtain working capital for readmission to aim
will not proceed...said in every UC RNS for 12 months, yet it was known the deal with ESKOM and UC over NCC had not been signed. A material fact that was not disclosed until two weeks before the deal being cancelled. Poor at best, deceitful at worst.
More buys than sells today and price is showing an up tick. People still believe in CZA having completed their own research before investing. Good Evening.
All? One trade! Hardly worth attempting to deramp on that non event I had not seen the RNS as I was away from Friday and obviously the notification system of LSE had timed out on the news. Thank you for bringing my attention to it.
Friday was the deadline with no further extensions. An RNS will be released today confirming deal or no deal.
when we discover if 7 months of waiting has been worth the stress of attempting to buy UC. Will it be boon or bust, bust in the sense that the deal is not closed....
Apple I do believe yu are correct in your assumption
Interesting. Shares stolen from holders today, though not too many....
ON 7 trades....ummmm
The deal is dead now let us move on. The delays were never explained now we know the reason. UC have no production, CZA can not or have not raised WC, ESKOM do not want the coal....otherwise they would have signed a deal with UC so that NCC could be a producing asset
We have control over 94% of UC, UC have not signed a deal with Eskom, NCC can not be mined without a signed deal, this was expected early 2016, no funding available for working capital...and people are suggesting the deal is possibly off...? Coal prices have increased maybe this is why UC is attempting to renege on the deal. I do hope we have compensation clauses written into the offer document
not just happen. All jam tomorrow with AIM listed companies. Bull5h1t day after day promising the world only for it to turn out to be but hot air. At least the bull5h1t could be sold....
Turns out the directors have not been able, as yet, to secure funds....kind of destroys your statement, confirmation, insider news etc
As I read the statement CoAL is unable to confirm that there is enough working capital for the next twelve months to see the enlarged group through the next 12 months though talks to secure such funds are continuing...
deal proceeding. Once we have an answer maybe we can discover why the block is being imposed....
I thought he was suggesting JB was injecting something
Please do not buy any CZA shares. Your motive is transparent, your methods dated and your affect negligible. Now run along like a good boy.
oil stock institute...8.30pm , 9.30 BST 10.30 CET