Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Here’s a chart!
https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/
Phew!
Trek
This was posted on TRR (not a plug). It gives an insight into the US race to onshore critical resources. Mentions Ford & Tesla’s mining investments.
https://www.youtube.com/watch?v=3Oh-uARTCQQ
Now if Elon invests directly in Nickel why wouldn’t he do so for Helium.
Also note mining permitting took 10 years, ours would be much quicker as it’s on private land and same principles as a Gas Well apply.
But the point is see how the paradigm has changed. Major corps are now willing to take up a direct investment for security of supply and so are the US govt. especially for defence.
We are funded for up to three wells. I thought it was two. But I imagine there will be corporations seeking a deal with us to secure supply if we make a commercial find. I really don’t think we will have much looking to do!
Usual caveats
Trek
Game changer, esp as the munitions get bigger. Will we see a nomans land in the Donbas caused by drones?
But where does it leave us when Ukraine and Russia have a million of these each that can fly long range through the windows of Kyiv or Moscow!
That won’t be long but next I guess we will see special forces using them deep in Russia to target infrastructure.
Trek
Better liquidity here today. Can buy or sell 300k.
Trek
Posted 9th April 08:39, SP was 5:57.
“ I sold some yesterday. Only because I found TRR and needed some funds to build a position there. Still got majority in here though.‘
Don’t know what I got for the sale CBA’d to look back. Got lucky with that one.
Since then ME crisis meant change in tactics.
Just looked on ii last trades got stopped out on the pullback today. Only made a little. Will reset to start again from 578 down. Like I have posted here before it’s easier to trade a stock you don’t mind holding. Esp with 11% well covered yield! Takes the pressure off.
I had a sizeable pot here. Have always traded some and held some esp when vix is high.
Claimed divi on some and sold them on xd day. But also took a load out at around 5:56 To buy TRR as posted before.
Looks like you are my number one follow GG. Must tell the kids I have ‘a like!’ lol!
Still can’t beat being lucky! But more so never ride it!
Usual caveats
Trek
Hi Alex,
LSE don’t seem to allow your links.
I think a few of us have a consensus 220-240 on divestment and a 6c per quarter divi. Both those figures are extremely conservative which reflects the market.
Likewise I have been following the media and have now made SEPL my largest position after adding the last yesterday. Looking forward to results on 29th with a double divi and a special divi all in quick succession!
Ops wise there is so much news in H2 to underpin the SP without the divestment which I see as just upside risk.
And as I have posted before this is as good as it gets to invest macro wise. Esp with election just over and business friendly government. We don’t have to worry about electioneering for a while the govt should be delivering now.
Usual caveats
Trek
1.1m and change sold today. Last ditch at the end weren’t round numbered. I wonder if that’s the 10m out.
You will see if it bounces up suddenly in the next couple of days or obviously an illusive TR1 which I am somewhat perplexed as to why we haven’t had one yet. So I could be talking rubbish!
Time will tell
Either way I am waiting for that bounce to put my second 1/3 in. Breaking it up as difficult to call.
Usual caveats
Trek
It should show in the ‘trade and other receivables’ on the results. But don’t expect succinct transparency!
Usual caveats
Trek
GG I sold some before xd and some on the xd date. Posted it there. Cleared 7k with the divi.
There are no geniuses in this game. As you should know. And after all your bs and you’ve not even made any money, spending all your time whining here!
Put my extras back inti PHNX yesterday. Have TP to sell again before the weekend.
Best one this year was YU group though. Paid for a nice holiday for Mrs Trek and I with several bags.posted it there and on Tecan to hopefully help others.
You stick to posting dross mate coz trading isn’t your thing!
Trek
Personally I think this BB has become a waste of time. Probably the underlying objective.
I have tried to help with posting my sells and buys to give it some diversity of thought as opposed to just holding a stock come what may.
DEC has been a fantastic trading opportunity amongst a long term hold. It’s a buy all day now that there is clear line of sight to the debt run offs following the Oaktree deal (last broker note).
For sure others will have a contrary view but 25% up, last divi bagged and next to follow is a pretty good result from ignoring the ill informed boiler room sycophants! Easy to just post dross especially when they don’t have their hard earned money invested.
Also had a cracking run on PHNX, bagging the divi selling down and winning on the last 4 trades ready to sell again now! Posted them over there.
I will stick to what I know and hope a contrarian view goes a little way to helping others even if it just gives a different viewpoint to just hold and hug.
Afterall I thought that was what BB’s were for. To share research and trading ideas.
Good luck all
Usual caveats
Trek
‘ How is the cash flow here...?’
I don’t understand the context of the question. Aren’t you supposed to DYOR before considering an investment.
Trek
Mozzy,
The thing here is the uplift in metals prices is just not in the guidance. POG could go back below 2000 and TRR will still exceed numbers. Same for copper.
Best to load up before next results, esp now the 100k seller seems to have moved on!
Usual caveats
Trek
Timing is everything lol! Got this one on pretty much on the nose with the last 5 trades!
Also bought SEPL yesterday, went in big, for me! 3 lots of divi due soon and chance of divestment!
Can’t beat a bit of luck in this game!
Trek
PHNX and SEPL…. lol!
Timing is everything in this game and that’s down t luck! But nice when it’s in your favour!
Trek
Bought some PHNX back at the closing bell yesterday at 479 for a trade. Let’s see.
Also added significantly to my SEPL. Results next week but expecting divestment news soon as the senator has been gibbing off to the media. Last time he looked a fool. This time he will not want to look a fool!
Usual caveats
Trek
Liquidity was drying up today. Couldn’t buy or sell for that matter 200k at times this afternoon. 150k was most in one hit. Then dropped to 100k on ii.
Trek
“ Time for me to buy back. Hope that the SP won't jump up too soon tomorrow morning”
My thoughts exactly, being in cash with these I bought on the close at 479 today. Expecting a bounce tomorrow from a technical oversold position and based on the ‘MNG lag’.
Don’t worry though doesn’t change my view as I will be selling again. Just gotta make sure to clear the taxes and spread then hopefully a good profit to add to the trading pot!
If I am the wrong side I don’t mind averaging down from here is my long term view is buy. Lots of opportunities here when the volatility is high!
But timing is everything!
Usual caveats
Trek
And Nigeria are loosing revs coz deal not done!
https://punchng.com/fg-may-revoke-unused-oil-well-licences-amid-30bn-loss/?utm_source=top-story&utm_medium=web
Trek
Hi buzz,
Not xd until 25/4/24. Payment 29/05/24 so should get the currency conversion rate on 26/04/24.
Usual caveats
Trek
I thought I had it wrong for a moment selling PHNX & MNG yesterday but glad I did now!
Trek