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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Trident Royalties Plc | TRR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 34.50 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 34.50 | 34.50 | 34.50 | 34.50 |
| Industry Sector |
|---|
| INDUSTRIAL METALS |
| Top Posts |
|---|
Posted at 12/4/2024 09:28 by donald pond It is bizarre to see such strength in the commodities markets and yet TRR, which should be a leveraged play on it, not moving at all. I get that many of our assets are not yet in production and lithium is way off its aths, but that shouldn't affect the valuation of the assets |
Posted at 10/4/2024 18:46 by lurker5 I don't think TRR will break much above present levels until earnigs turn convincingly into the black. Miners don't, and don't ever, approach a theoretical NPV valuation (because it is an illogical concept). Investors only value them on a yield or PER basis. TRR looks to be at least a year or two before they can do that |
Posted at 10/4/2024 14:48 by the deacon Thanks Kannerwas. Yes, Greenstone isn't a big deal for TRR, though every bit helps. Today's volatility certainly does... |
Posted at 10/4/2024 14:34 by kannerwas The 'prevailing period' for Greenstone is 6 days.If TRR could make a turn of $20 per ounce on average - quite a big 'if' I would think - that should add $1.17m a year to revenue. Thacker Pass is not expected to start production until 2028 - the time frame having moved back two years in the past two years. Still it is true that the new funding greatly de-risks the project. |
Posted at 08/4/2024 15:33 by damayhill 888ICB, whilst it's true that the lithium price in 2024 is not of consequence to the TRR bottom line this year or next, it's also true that the future financial modelling has to be based on some assumption (Tamesis use Lithium Carbonate Price US$20,000/t) and it's also true that the current price has settled below that level (if you can call it settling!) for a good five months now.I remain very optimistic about TRR and recently added again, but I'm not sure it's fair to say that the current Li price or p1nkfish's observations about it are irrelevant. |
Posted at 06/4/2024 20:31 by 888icb The lithium price in 2024 is of no consequence to TRR as Lithium America will not be producing lithium until 2026. TRR has never expected income from Li this year or next so not sure why you think your comments are relevant. The Gold royalties and takeoffs are producing income and the current high gold price is likely to be sustained according to many analysts and commentators.The initial production from Thacker Pass is going to General Motors who are their largest shareholder. It will be the case that a minimum lithium price has been agreed to make the project profitable so personally I am comfortable that the Thacker Pass royalty will be a very profitable investment for TRR. |
Posted at 06/4/2024 15:49 by 888icb The Directors clearly believe this is very undervalued. There have been 8 Director purchases this year with 5 of them in March. The current recovery in commodity prices particularly gold, which TRR has much of its current income from, will soon start to show in its financial statements. TRR is very undervalued and it’s time for that to correct. |
Posted at 22/3/2024 09:25 by donald pond Amati Strategic Metals were once a big holder but that fund has been a disaster and I think is getting lots of redemptions. TRR is frustrating because so many investors in this type of stock want dividends and it is still in growth phase. It should do very well. I'm not sure what more the board can do tbh |
Posted at 15/3/2024 13:45 by oilinvestoral Some clear hints about potential dividend commencement in the past 2 investor meet company webinars. Most likely dividends will start late 2026. It could be 2027. It's all currently about growth & increasing cash flow from royalties over the next 24-30 months. |
Posted at 14/3/2024 17:08 by 888icb It is the nature of royalty companies that some of their cash flows are in the future and it has always been the case that Thacker Pass won’t start producing until 2026. However a royalty has a value before it produces cash flow and the value of the Thacker Pass royalty will have just increased substantially on todays derisking of the financing of the project.Fortunately our gold royalties and offtake agreements are producing cash and that will increase with the strong rising gold price. Equinox Gold large new Greenstone mine is about to go into production and TRR has an offtake agreement in place as it does over a number of Equinox Gold mines. Trr also has income producing royalties over copper and iron ore. I imagine TRR will issue an RNS about todays news from Lithium America and Adam will follow that up with interviews to further explain its importance to the value of the Royalty. |
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