Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
What a ride out that will be , come the day, when heavyweight buyers, give them a truly auk'ful time all day trying to fill the demand............. on the 5 th day look to the East Timor (that's Friday ??????) ππ€£
https://youtu.be/3fbhVPnhX-4
Still low volumes today, our breaks come on multi billion share days, last time included a 6+ billion share day aqse/amix combined , base 18 billion, now 25b, looking forward to the mm's working their fingerprints down, on an equivalent 8 billion share day this time around. ππ
Looking good today, just need news flow and volume/s to escape this range , once and for all....... π
110 trades so far at an ave of 1.75m shares per trade, holding nicely, lowest days volume in two weeks , has to be a good sign, for the rest of the week, dare we say , a big volume , big blue share day coming soon. ? π
Low volume but holding firm and still hanging on to the good day ratio aimx/aqse 181m v 12m (6.6%)π
routine/flat aqse 0 shares to low 1-2%
good days 5-10%
great/breakout 15-25%
The Summit brings together senior stakeholders from across the global value chain to discuss new directions for LNG & gas in the region, market and pricing volatility, energy security as well as the continuous drive for decarbonisation.
https://globallnghub.com/event-calendar/asia-pacific-energy-summit-23-25-april-2024
Next event up tomorrow
23 Apr 2024 3 days 13th Asia Pacific Energy Summit Singapore
Oops , the link ππ€£π
https://www.seapex.org/
Just look at the current years sponsors of Seapex, of which AB a vice president. He has the contacts to make big things happen, little risk now of a Yeo ho ho and co, teaming up with a poor deal, hip adventure with another minnow, both looking to sell post drill, diluting our holding for little reward.π
Expect , as said some to be shocked at the deals coming Baron's way via the Sundagas Team.π²π€π€π€π€π€π€
Biggest news we have had in 4 years , AB as CEO, that in itself has provided the first stage TRANSFORMATION of Baron
Moving from bland inspires ZERO confidence leadership, to a man and his team WHO DO , inspire confidence in all aspects required, to bring mega value Chuditch to an Industry and market valued darling of the leader boards !!!! π
Told the board for a long time , AB should be in charge , not Yeo ho ho and co, his connections in the region , are immense, rubs shoulders, with all the elite of the Industry on a regular basis , via his Vice Presidency of Seapex, likewise Colin Murray involved with many regional/world events via it and associated companies.
Something bedroom presenter , with bucket shop pump and dump wonga confetti merchants on speed dial , had little ability or gumption to , make an effort , all at snails pace and poorly financed.
Got my long time wish, fully expect AB to stun some with the change in pace and partners, hope so (gulp) or its me who will be getting it in the neck, for pushing his case for so long ππ
Go
perfect world , Shell taking its asset back (know exactly what's on the entire 3,571sq km license) would be great, not so sure Shell would return to the area , after so much TL frustration in the past , NO to Darwin when the refinery for Sunrise half built already, then years later another go , with a purpose built FLNG ship nearing completion in a Korean Shipyard.
Still thinking its one of those who stayed , ENI/Santos/sk Korea JV , or the new Japan/Woodside/INPEX MOU stuff, with China and its latest words to TL , to move on TL oil and gas , so CNOOC in the equation.
But (exxon)Mobil discovered the equally idle Kelp 10.5-14 TCF (big as the others put together if so) same year as Shell drilled Chuditch. Around other parts of Australia, lot of OZ companies and other giants , Exxon , BP, TotalEnergies, to name a few.
Any of those will turn our 1-2 well early stage FPSO , into a much bigger FFD scenario, which is what TL Gov have said for years , we want no more minnows, a well here , another whenever, we want the Majors back and rapid FFD, like Sunrise was planned by Shell 26 - 28 wellheads, only their deep pockets , can give them that.π²π€
Short of Chinese takeaway and CNOOC moving in , ,with the BRI building the onshore infrastructure required, to handle it all....... π€
Sunrise started off as 3 major players , Shell , Conoco and Woodside, with Shell and partner (another forget name) looking at Chuditch being as big or bigger from its additional leads , like Bandicoot (now Quokka)
Would not surprise me, if AB has a multiple deal/partners situation on his hands, me and Filthy would certainly be happy with a TotalEnergies/INPEX , ENI/INPEX or INPEX/Woodside pairing , they have other assets around OZ together, so why not make , much upside Chuditch another. π
Better guide is
flat, small rise/fall - Trading pretty even
large rise (non news) buyers winning , prompting the bid to be pushed up to fill orders
large fall , sellers need to fcuk off... ππ
Buy, sell and unknown are 3rd party BEST GUESSES, nothing to do with MM/Market , they label NOTHING, just print TRADES they see as both a buy and sell.
No hocus pocus, black trades mm nonsense, just 3rd party sites like this one using a beyond π©algorithm , trying to be helpful with trends/volume ratio's etc and FAILING miserably on most shares daily.
Based on the sites mid based algorithm , best guess , all above buy , all below sell (never the case for both) all exactly on its mid , delayed trades, or now seen outside of ITS range , chokes = UNKNOWN
Its as simple and tragic at that, likewise making the 3rd party stats as much use as a chocolate tea pot. π²π
Has a faint odour of the same MOAMM with a daily different name , the board will have noted it again. π
Http://timor-leste.gov.tl/?p=37384&lang=en
Extraordinary Meeting of the Council of Ministers
2024-04-22
4 pm, Government Palace
Still no minutes , very curious as to what could not wait for Wednesday's (previous alt's mostly moved to Tuesday) but still labelled the weekly cabinet meeting, not Extraordinary Meeting........
What could not wait until Wednesday ?????????
Yep first time in a while, looking firm and free to move on low volumes and remains in the good day aimx/aqse zone π
Think downhill, more his style, always on the piste ππ
AIM/AQSE in the zone for a good day, more tick up's to come ? π
Yes bizarre timing of a potted history now, when things appear to be finally about to be resolved, on G.S jv.
Dare we use the O word , nah, although does now look to be moving freely on low volumes, has to happen one day, perhaps this is the day/week π
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