Trinity Exploration & Pr... Share Discussion Threads

[ffp] 15/3/2017 21:08

Done. All good fun. Ta

[the big fella] 15/3/2017 20:38

2.10, 2.50, 4.50, 5.30. Oil looks stronger again. 16p close tomorrow

[ffp] 15/3/2017 20:21

You could be a good buddy and give the times of the races... Is TRIN running?

[the big fella] 15/3/2017 19:58

I have good words for the following tomorrow, all decent e/w prices. Thought I'd post before I get too intoxicated
Clondaw Cian 40/1
Vaniteux 22/1
Toe the Line 25/1
Southfield Royals 9/1

[mark10101] 15/3/2017 18:47

WTI rising despite rate hike as FED not as hawkish as expected so the drop in oil may have anticipated a much stronger dollar. The dollar is falling so good news for oil.

[the big fella] 15/3/2017 18:33

A steadier day today which bodes well. Hope some of you backed the last winner. Also a couple of the others gave you a good run for your money. What a beautiful days racing. Reckon these will bounce nicely tomorrow

[whiskeyinthejar] 15/3/2017 14:22

Its the trading update I want to see. Operational update, preferably with some financial forecasts. Forward looking statements. IIRC they said in January they plan 4 onshore wells this year- poo permitting. Ideally Id like an investor presentation too.

[mark10101] 15/3/2017 13:43

Looks like we have a bit of movement and a 250k sale has just gone through above 15p which is promising.

[3dwd] 15/3/2017 11:58

wwick agree 100%

[wwick] 15/3/2017 11:24

Investment context: I thought I would share my long term strategy here. Question, was last year a stellar year for TRIN? Answer, yes in terms of turnaround, no in terms of to-be-published accounts. If investors expectations are too high they will be disappointed when results land, be realistic. If investors appreciate the turnaround will be implemented through 2017, it will be results in 2018 which confirm the potential some of us see here today. The 700MMstbbls STOIIP (Galeota anticline), when proven will add significantly to the company valuation. This will not be realised overnight, again, I am looking to 2018 for value of this to be realised. In summary, this is an investment for at least 14 months, and there are many factors influencing upside potential through this period.

[3dwd] 15/3/2017 11:05

pleased its alot more quiet here re posts .. less pumping !!!

[ffp] 14/3/2017 22:35

Thanks TBF, I will have a punt for a larf..£1 e/w

[mark10101] 14/3/2017 22:17

Some big trades went through after hours.

[the big fella] 14/3/2017 22:11

Off topic but I am at Cheltenham the rest of the week. For those with an adventurous disposition may be interested in the following who will all out run their prices:
Measure des Obeaux 12/1
Briery Belle 40/1
Ballyboker Bridge 40/1
Long call 7/1
Fayonagh 12/1

[mark10101] 14/3/2017 21:37

America just suffered an artic blast so it would not surprise me if we get lots of "surprise" draw down reports. $47 is the bottom of oils long term up trend. A drop below this would be bad, a bounce from there could mean it is part of the current oil trading range. May be the head fake before a rise higher into the $60's. I remember an interview last month where they said we would see sub $50 before $60, hopping they are on the money. Should be a good blue day here tomorrow.

[the big fella] 14/3/2017 21:07

Good to see oil price reverse its earlier losses.

[bones] 14/3/2017 13:21

For the record I added a raft more today at 15.2p on average.

[rafboy] 14/3/2017 13:18

It has to drop a fair bit to really affect us going forward IMHO.

[bones] 14/3/2017 13:08

The MMs will doubtless play on those nerves....

[onedayrodders] 14/3/2017 13:04

I would imagine even with TRIN's breakeven margins that the drop in Oil prices has re-opened some nerves from the previous collapse.

[mark10101] 14/3/2017 10:34

Seems the buyers are coming back now with the price starting to turn.

[che7win] 14/3/2017 09:39

Bought yesterday and today (14.64p) too.

[rafboy] 14/3/2017 09:24

Just bought a few more. Think this is the bottom so it should be north from here in my personal opinion.

[the big fella] 14/3/2017 09:09

Just to add a little context here. Following its recent rise LGO now has a market cap of 16+m and produces 450 BPD. Compare that to our 40mil market cap producing 2600 BPD.