Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Started building our HUM shareholdings (s/p@ high 30p level), about three years ago,......made a pleasant change, to be averaging up our Gross Average s/p level, when I increased (in the s/p@16p to 17p range )our HUM shareholdings last week.
BW
That's excellent news: https://www.londonstockexchange.com/news-article/HUM/kouroussa-gold-mine-commissioning-begins/15938222
BW
Step by Step is how I see it;-
"Tribunal orders Rockhopper & Italy to mitigate the risk of non-recoupment by Italy with the anticipation of the Stay being lifted".
With interest building nicely;-
"As announced on 24 August 2022, the arbitration panel unanimously held that Italy had breached its obligations under the Energy Charter Treaty (the "Award") entitling Rockhopper to compensation of €190 million plus interest at EURIBOR + 4%, compounded annually from 29 January 2016 until time of payment (except the four-month period immediately following the date of the Award)."
Source: https://www.londonstockexchange.com/news-article/RKH/update-on-arbitration/15930295
The arbitration result, is what I originally bought back into RKH for, which is progressing nicely,.....since buying back RKH shareholdings, Sea Lion has now also progressed nicely,....back in Sea Lion discovery days, RKH got to £5+ a share before dilution, when RKH didn't have the old DES or FOGL acreages,.....I'm looking for pounds a RKH share, once Sea Lion developed.
BW
I saw the interview link earlier ( https://youtu.be/KQDVxG-H0O4 ), on PRD board,.....with "· Unrestricted cash balance at 31 January 2023: £5.1 million (31 July 2022: £1.4 million)", & Market Cap of just £11m,.....the Inishkea prospect in FEL 4/19 in the Slyne basin and near the Corrib gas field, starting to look very promising,....Wressle etc,.....the only thing, that has been stopping myself from increasing our EOG shareholdings, at these low s/p levels, is uncertainty, over what future funding might be needed, for any future Appraisal raises, such as we experienced with Serenity,......we are still deep underwater with our EOG shareholdings, hopefully Inishkea will turn that around.
BW
Morocco guidance, sounds like it's going to be an interesting few months ( https://audioboom.com/posts/8285732-the-sunday-roast-featuring-paul-griffiths-executive-chairman-of-predator-oil-gas-lse-prd-pr ),.....Trinidad potential value guidance, pleasantly surprised me,.....Ireland, I will always hold PRD shareholdings, for exposure Corrib South.
BW
Had no trouble buying HUM shares (s/p@13.95p), myself today,....after those excellent results ( https://soundcloud.com/zak-mir-32494497/zakstraderscafe-interview-dan-betts-ceo-hummingbird-resources?utm_source=Twitter&utm_campaign=social_sharing&utm_medium=widget&utm_content=https%3A//soundcloud.com/zak-mir-32494497/zakstraderscafe-interview-dan-betts-ceo-hummingbird-resources ), I decided to increase our HUM shareholdings.
BW
Agree ("Excellent results for Q1"),......that's a lot better (" AISC of US$1,109 per oz for Q1 2023 ") than I was expecting,.....with guidance for Q2 2023, seeing a continuation ( https://youtu.be/9YiZ3cCJ-BQ ),....it's all shaping up very nicely, here at HUM.
BW
Step by step, brick by brick, day by day (Tune: https://youtu.be/sWa5vE4MUpU ),....Dugbe, I'm pleased we did not have to sell Dugbe,.....now, over time, Dugbe full potential value, can be achieved, (IMO).
BW
Guidance given in the interview ( https://youtu.be/4h0Ii4Z2iHk ), sounds very encouraging,....thanks for posting link, BushyTailed.
BW
Director Bed & ISA: https://www.londonstockexchange.com/news-article/RKH/director-pdmr-shareholding/15911734
BW
That is very welcome news, pauldrayton,....thanks for posting link ( https://www.linkedin.com/posts/anna-roberts-76616242_full-job-description-and-apply-here-activity-7049699986313228289-iyCj? ).
BW
£29.25p per share – just for the MOU-Fan,.......£4.44p per share,.....for ourselves, the first figure would equate to millions of pounds, the second figure would equate to hundreds of thousands of pounds,.....thanks for the figures,.....I've been here since PRD cornered the CO2 market in Trinidad, from memory the potential is very good, also we already had Corrib South,.....I will hold for those two, regardless of what happens with Morocco,.....although I have been increasing our PRD shareholdings recently, they are still all free PRD shareholdings, but I've reinvested a good percentage of our PRD profits back into PRD now, ready for the drill results,....still retaining, a small percentage of PRD profits, in cash.
Good luck to all here,
BW
Just caught up with the 4 April 2023 RNS MOU-3 drilling update,......OK, that has clarified the suspended well MOU-2 ,.....the completion of drilling at the MOU-3 location is now the priority,......going to be an interesting few months ahead of us,.....personally, I have been increasing our PRD shareholding recently, in the low s/p@6p to mid 7p ranges (3 tranches so far),.....I've been following the many excellent posts on here, many thanks for the shared knowledge,......looking forward to the MOU-3 drill results.
BW
Market Cap of £119.4m (s/p@20p), would put a smile on my face,.....although, that would put our HUM shareholdings nicely in profit, I'm looking for substantial upside above that figure,....started building our HUM shareholdings, in the high s/p@30p to 40p range.
BW
That's what I've been building our HUM Core shareholdings for,....second half of 2023 forwards,....we are holding over double our initial targeted level, of HUM Core shareholdings, which more than adjusts for the recent dilution,....so far, not achieved to bad a Gross Average s/p entry level (mid teens currently),.....looking forward to the coming months/years.
BW