Trident Royalties Share Price (TRR)

Makes sense to hold firm imv.

If the offer fails then the value here has been highlighted, and is only increasing as we inch nearer to production on various holdings, and just mb even a revival of Sonora.

More likely, perhaps, an improved offerfrom Deterra, or even another party. You just never know in these situations what might be happening behind the scenes. Or not, of course!

A similar situation happened recently at Shanta Gold, PI's were shafted in much the same way. The takeover offer there had to be upped by 10% to push the deal through. Much the same may occur here, even though it still massively undervalues the company's potential.

I suspect it's the likes of Orion that are pushing for a liquidity event and will seek one even if low ball. I think most of our investors are smart enough to see this offer is crap, will see what transpires, but I see the poster wrongly posting that the disclosure forms indicated voting intention on here and the other board has disappeared after looking foolish.

Well the BOD with less than 25% in their corner aren't looking strong. I have been in other take overs and have found that when the board is really motivated to get this over the line they have written to me personally despite my holdings being held via a third party broker. So they are either confident or are just going through the motions to satisfy Deterra, nobody has been promoting this from TRR and trying to secure the PI vote and that is somewhat surprising, you normally get chatter firmly for or against and apart from the half hearted release, naddah.

Looks like they have sold another 1m since. Announced today they are down to 3m.

Quite a few I is announcing they have 3m+ shares. No idea what is going to happen here but price dropped slightly yesterday so market thinks it less likely to get through.

Https://www.voxmarkets.co.uk/rns/announcement/86210980-b9c1-42fc-b5f7-9a06437ccfa4/