Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Stuartv,
I think you should also look at this bit from the same RNS:
"Joint Venture/Farm-in Agreements: Significant progress in discussions with potential partners of strategic interest regarding potential Joint Venture/Farm-in Agreements. Letters of Intent have been signed; and discussions with additional interested parties are ongoing."
On your question "Would anyone know when such a period of exclusivity would arise", that would be once the company have narrowed down the "potential partners of strategic interest" to the last one or two preferred bidders, at that point every other bidder has been rejected for one reason or another and they can talk exclusively to the one or two companies depending on how many they want to allow to farm in.
CN,
AB has already said that strategic agreements will be made this year for the Ammonia Cracker and they are already in talks. These agreements are then expected to lead to sales of the Ammonia Cracker next year.
The Capital Markets Day has nothing to do with this, it is purely to try and wake the market up to how undervalued the BoD believe AFC is, to get the ii's, fund managers, and broker clients buying the stock.
Just under four million motor boats with inboard motors in the world. Maybe not so niche.
https://www.giornaledellavela.com/2022/09/29/analysis-how-many-boats-there-are-in-the-world-where-they-are-and-who-uses-them-most/
It's also not just about this one market, it is about globalising the fuel so it can penetrate many markets. The more markets the suppliers can sell into the higher the demand, the more demand the more other markets open up to it.
Someone on here mentioned earlier that the extra cash from the open offer could be behind the acceleration of bioMSAR Zero as noted in today's news item.
Here is my question that I put to QED at the IMC meeting a month ago:
Q: "Do you think it is possible to have a version of bioMSAR Zero ready for the market by year end and will it need it's own LONO?"
A: "The RDI strategy of Quadrise is focused on the delivery of a commercially viable net-zero ‘bioMSAR™ Zero’ solution before 2030. However, as per the Circular we are well ahead of this target. If the Open Offer is fully-subscribed, we will be able to accelerate this programme and launch. Once we have the final formulation, and supporting fuel system and engine tests, we will be able to discuss with clients the necessity and requirements of a LONO based on their experience with bioMSAR™."
I would say that "If the Open Offer is fully-subscribed, we will be able to accelerate this programme and launch." confirms what was suggested earlier.
As they've had that one sat there waiting for a buyer since November 2022, one year and five months, it's a no-brainer to use that one for the trial.
"Auditors were just doing their job." or not doing their job it seems, otherwise they'd have got the Audit finished on time!
Can't blame them though, as the sector is so short staffed they are probably all doing 12 hour days and weekends, and still not getting through the backlog.
Seance filtered for talking crap.
Make no difference how long someone has been posting on a stock, if they are an idiot like you they will always be an idiot because THEY NEVER LEARN.
As I said earlier, they will have a cancellation or one built just waiting for interior and options choices from the buyer, and oh look, there's one sitting there waiting for a buyer, 95% built, more built than even I was expecting.
Focus Power 36
Stage of Production: 95%
Available for viewing from: November 2022
Location: Amsterdam
Engines: 2 x Mercury 3.0 270HP
https://focus-motoryachts.com/stock-boat-slots/
"If you would like to buy or sell shares in Ruspetro Ltd please contact the Company Secretary." Have you done that?
"but put all the profit in his pocket or back into the company"
If that were true then he'd buy the stock off you today so he gets more profit to put in his pocket. Maybe if you contact the Company Secretary and ask them, he will.
Your logic is very flawed on how SDRY plays out IMVHO. You are not looking at what JD is trying to do, or that the company wants to take all investors with it into private ownership and for everyone to do well out of it from it's rerating by Auditors and later on from re-listing when it's back at a huge MCap again. That is how JD plans to make a fortune, and we can tag along for the ride, or not if you choose not to.
“The Board has spent a lot of time engaging with Julian Dunkerton to come up with a plan which gives the business the best possible prospects for the long term while protecting the interests of shareholders and other stakeholders to the greatest extent possible. The business has faced extraordinary external challenges and, while good progress has been made on our cost saving initiatives, more needs to be done to get the business on a stable financial footing for the future. We believe that the proposed Restructuring Plan, combined with the Equity Raise fully supported and underwritten by Julian, is the best way to achieve this, together with a delisting which would further reduce costs and enable the business to progress the turnaround. While we recognise the compromises we are asking from some of our stakeholder groups, we would urge them to support the proposals which we believe are the best way of ensuring Superdry’s recovery over the long-term.”
"The Company intends to explore the implementation of a matched bargain facility with a third party matched bargain facility provider in the event the Company is delisted. This will facilitate shareholders buying and selling shares on a matched bargain basis following the Delisting. If the Company decides to implement such a facility, further detail about it will be set out in the Circular."
And from the schedule it's not long to "Publication of Circular: May 2024" when we will see if they are going to set up a matched bargain facility.
"I could show you loads of facts but there's no point"
Absolute BS, you have no facts otherwise you would post them here just to show EVERYONE ELSE I was wron.
Stop making out you know something when you are proving with every post that you know sweet FA.
AFC are not raising ANY cash at the capital markets event. There are sell side analysts invited, these are the people that tell their clients to buy the stock in the open market, no way would they be invited and expected to tell their clients to buy the stock in the open market if there was any sniff of raising involved, as the dell side analysts would then not tell their clients to buy in the open market.
LOGIC!!!
Speak of the Devil, literally....
Hitting the press.
"Quadrise and Vertoro commit to accelerating sea-trials of sustainable marine fuels"
https://biofuels-news.com/news/quadrise-and-vertoro-commit-to-accelerating-sea-trials-of-sustainable-marine-fuels/
Do t be fooled by trading agendas dressed up as scepticism.
Certain people on here talk their own book, basically lying about how they view things in the hope their 'sell out and buy back cheaper' tactics pay off.
"Of course the crossover from these engines to plant machinery, farm machinery etc is only a step away."
My main target would Africa diesel generators.
"Data from Wood Mackenzie, a global energy consultancy, shows there are now 17 countries that have more off-grid diesel generator capacity than on-grid power generation capacity. The researchers estimate there is now roughly 100GW of operational diesel power across 39 African countries – and they describe this as a “conservative estimate”. "
https://www.energymonitor.ai/power/weekly-data-africas-diesel-generation-boom/
"Under the JDA, a land based testing programme to investigate the performance of both premixed and blend-on-board bioMSAR™ Zero solutions will be carried out prior to testing on board the yacht"
I doubt they are building it from scratch today, it'll be either a cancelled order or it'll be mostly built already, just waiting for interior and options to be selected.
First up we have land based engine tests, the results of which I am sure they will be trumpeting, and that will get a lot of interest.
These are green. Solar power only.
https://silent-yachts.com/
Focus Motor Yachts for sale
https://www.yachtworld.com/boats-for-sale/make-focus/
I wonder which engine manufacturer.
I see these listed as options on their existing yachs, so that's a choice of four manufacturers.
Engine Options
2 X Mercuiser 8.2 HO Magnum MPI 430 HP, Bravo III-XR JPS
2 X Yanmar 8LV370Z ZT 370 HP, E-SHIFT (recommended)
2 X Volvo Penta D4 320 HP, DP-I
2 X Volvo Penta D4 270 HP, EVC / DP-I
2 X Mercury Diesel 3.0 270 HP, Bravo III X
2 X Mercury Verado 5.7 V10 400 HP, Outboard engines