Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
The value destruction knows no bounds with Mr "****" Roach at the helm. Guess it was to be expected given Christmas is only weeks away. However, the thought that the new "financial advisor" is going to help source new opportunities just beggars belief. At least we now know all the white elephants that have been used to siphon off funding over the years will never deliver a cent in value. What a lifestyle play allowed to milk investors for years.
Joyous news of production up and running with sales to an existing customer but without actual details says it all. Is this the same existing customer where how many tonnes per month were being supposed to be delivered?
This lifestyle company has been milking investors for donkeys years.
What joy to behold as dilution continues with the timely issuance of shares to cover costs for which we have no clue as to their veracity. The C'Roach must be having a good old laugh at how he's managed to continue the charade of creating shareholder value.
Could not believe my eyes. He has not delivered any accretive value with the obvious exception of for himself and his cohorts, yet he finds another avenue to further dilute the company. His acolytes will no doubt say it is not a lot and totally ignore his modus operandi, screw shareholders and enrich thyself. Beginning to wonder if we do have any valuable assets given the total reluctance to actually progress them. Mr Roach the AIM grifter par excellence.
Typical AIM company. What are these certain liabilities to be addressed and for whom. If this ever progresses to any form of development there will be some related party involvement as the troughs need their dose.
For those that overlooked the blurb the company has been a cash cow to the BoD and it's cohort since 2011. Think about it!!! Have shareholders benefited in those years?!
How is this crock still surviving? The lifestyle of the management must surely be coming to an end. Who in their right mind is going to lavish any more funds in their expert destructive direction?
How can this share price still be above the penny dreadful when there is never any news to show that the company heart is still beating. The days of Mr Reynolds launching a new stock on AIM with a positive spin are well and truly over.
Tuning in to see if any of the white elephants hyped by the roach has materialised. Quelle surprise .. nothing. RHA, EPO and Circum delivering nada. No doubt the lifestyle must be suffering in zim so guess that will mean a new round of dilution and placings. What will actually be achieved in 2020? Answers on a postcard as we march head on into Q2 with no accretive shareholder value delivered.
It's par for the course with any of of the stocks brought to AIM by Mr Reynolds. There's the initial belief that it is a sound business plan and company before reality bites and the only direction the share price gravitates towards is zero.
So I guess none of the white elephants that GR continually touts about has come to fruition .. EPO, Circum and RHA. Must mean a new round of dilution as talent needs to be remunerated after an exhaustive Xmas and New Year.
More a case of ensuring new investors do not fall foul to the never ending promises of the shyster himself . If and it remains a big if, he actually delivers shareholder value then by all means jump on board. Until then wait on the sidelines before lining coffers.
Was it really worth using a RNS to advise that 20 shares have been issued before the great Mr "the Chinese always has a plan" Poulden tries a new rinse and repeat cycle following a share reorganisation. He needs to learn from the other AIM shysters on how to keep shares in the many billions before using the chestnut of a reorganisation to make it more palatable for nudge nudge wink wink investors .. read into that more canon fodder.
So after how many months we are now supposed to believe that Mr "the Chinese always have a plan" Poulden is creating shareholder value. Alas given the shenanigans that has transpired at his other ventures, not least the collapse of PCGE, I will not give any credence to anything he dared to announce. The cold hard truth will only be revealed when the accounts are known until then be wary as his lifestyle always takes precedence.
So a new timeframe has been vaguely put out there for the acolytes to swoon that come early January, read into that as somewhere in Q1 given the veracity of GRs previous predictions, RHA will be doing something productive other than being a white elephant. Next we await EPO and Circum for the triumvirate to spoof newbies into believing this company will deliver accretive shareholder value. The charlatan has not changed and roll on 2020 for the period to manifest once more.
Now the acolytes reappear to convince that the leopard, the shyster himself GR, has truly changed and will no longer dilute the company at surprisingly convenient times. Whatever. Christmas has been sorted once more and pity those who took the bait on PrimaryBid. Roll on 2020 for the repeat cycle .. RHA, EPO and not forgetting that white elephant Circum.
So we are almost at Christmas and the sycophants that eulogized about how good news was just around the corner are now conspicuous by their absence in light of their fearless leader, the shyster GR tapping the market AGAIN.
RHA, EPO and Circum what more could the shareholders want except some real value creation. Just remember this company has been in existence under GRs stewardship without generating an ounce of cashflow. What more can AIM offer to the UK. The perfect vehicle to fleece UK citizens.
You telling me this crock of excrement under the expert direction of Mr " the Chinese always have a plan" Poulden has not been put out of its misery.
His days are well and truly numbered on AIM. If you want to lose money he is your go to guy.