Trap Oil Grp Share Discussion Threads

[rogerlin] 14/5/2015 16:00

There is a bit about the revised FPSO contract at the bottom of page 5 but admittedly nothing new.

[ngms27] 14/5/2015 09:12

Why would you? They certainly aren't (as the operator) going to do anything with the asset other than throw in the towel.

[glitter2] 14/5/2015 08:57

I didn't see anything on Athena in Ithaca's report.

[bones698] 10/5/2015 03:16

Lol funny how nobody posts the follow up comments where Afr bounced and I escaped on 25% loss . Funny u seen to follow me around cyan so who is the troll

[ngms27] 07/5/2015 08:34

XTR == Bargepole

[65jack] 06/5/2015 22:31

you need to look at XTR now!! if you want a 3 bagger this month
this interview just out… $750k PROFIT PER MONTH and only £15m market cap with HUGE assets and nearly DEBT FREE

1.2p+ short term targer based on REAL PROFITS AND DEBT FREE

Dividends coming to shareholders also!



Video interview with CEO Jan Nelson



Jan Nelson, chief executive of Xtract Nelson (LON:XTR), says profits from its Chepica mine in Chile should continue to rise after a huge increase in gold concentrate grades.
He says profits this month should double to around US$300,000, followed by a possible US$750,000 in June ‘if the grades continue to hold in the concentrate’.
Nelson says the company is ‘quite confident’ the high gold grades extend across Chepica. ‘Now it’s just a question of us systematically exploring those and following up on them, so we’re quite confident it’s the same system that continues,’ Xtract’s CEO adds.

protean 6 May'15 - 13:51 - 1293 of 1299 0 0

$750k profit per month x 12 = $9 million per year.

$9 million = £5.9m per year.

Mcap is £16m so PE of 2.7.

And that's with only 30% of prospect area.

[bones698] 06/5/2015 22:20

A troll roflmao , think I called this one about perfect for the last 2-3 years cyan even against the torrents of rubbish posted by yourself and others. You can't really argue you were clueless when it come to trap . I tried saving many from the same agony you have suffered and at least a few took the advice which was always posted with facts and info . Grow up

[cyan] 06/5/2015 21:57

You are one arrogant man bones, tbh.

I may not be as clever as you but I can recognize a troll who just loves
others distress .

Get a life.

Filtered and this time for good.

Useful link on oil. Thanks to a blvn poster.

[bones698] 06/5/2015 17:48

Cyan it's over 90 b/e but as I keep saying it will be to late for trap . No point looking too far ahead as trap has no money . Face facts it's all but dead . The chart tells u the true story and doesn't lie . It's 0.25p for a reason . Not up 14% the dropped it that yesterday on the spread it hasn't changed the last two days . If u can't even understand simple things like that I wouldn't invest if I were you tbh

[cyan] 06/5/2015 14:05

Trap up 14% but I can not see any published trades yet.

Maybe there was a large buy we will hear about later.

Really strong Brent performance this week; now $69.12

What price do we break even?

If this keeps going there maybe some value in our "asset" after all.

It may encourage those considering the extra finance option.

[cyan] 06/5/2015 09:47

Brent hits $69.02 this am . Keep going.

[bones698] 05/5/2015 17:35

Cyan from here mate and in the position trap are in there is no hope imo at all no matter what oil price does now it's already too late . Next rns will be run out of cash imo followed by the trying to secure funds at a hugely dilutive ratio in favour of PG. That's if he wants it or not though . Turn off the lights its a goner .

At least the gobby simpleton has kept a low profile recently , not surprising after losing so much here and making out he had a clue when clearly he didn't . At least some of us can read accounts eh !!!

[cyan] 05/5/2015 14:11

$68.03 now YES!

[cyan] 05/5/2015 12:34

Good afternoon bones.

Situation is very serious indeed but there still remains a tiny chance of POO seriously changing the maths.

Brent has really got steam today now $67.20 ...wow!

[bones698] 02/5/2015 23:11

Options are very slim , the overriding issue is lack of cash which means either wind it up or raise money . Who in their right mind would take place in a placing on this shower though ? Only PG imo nobody else is daft enough to and he could use it to get 99% if he wants it although I don't see what for . Athena break even is over $90 for trap so a long way off still and trap will be dust before then it's a matter of weeks now imo

[irnbru2] 02/5/2015 22:12

Cyan,

Ok, there are options, but what is not a future option, is current management.

---------
With millions sunk into TRAP one might guess the likes of Paul CURTIS and PG are seriously examining options which might just save TRAP to fight another day.


What is wrong with these guys.

Ok, they made a mistake.

Don't tell me they are not going to wise up.
---------

This reminds me of the guys that backed Flexlife.

[vereker von hecht] 02/5/2015 15:19

Wheres Proselenes or whatever his name is--he was the pumpking of this disaster

[irnbru2] 02/5/2015 14:33

Ok, cheers.