Trinity Exploration & Pr... Share Discussion Threads

[lazarus2010] 27/1/2016 16:32

anybody have any idea on past news releases what Trin's breakeven price is for onshore production?

[alexp6] 27/1/2016 11:16

Just for interest

TOuchstone - attended
Denovo Energy - attended

Trinity didn't attend, why wouldn't you attend this annual T&T energy conference as the supposedly largest independent in T&T?!?!

[alexp6] 26/1/2016 15:36

It would appear L&G want out. Only another 9,337,000 shares to clear then.

[mark10101] 25/1/2016 10:58

AlexP6 it seems to be what the share price is telling us. I did always say it was the most likely explanation for the share price weakness beyond the obvious oil issues. The destruction in share price value has been so brutal it looked deliberate.

[alexp6] 25/1/2016 10:40

The fact they and have poached the ADIL PM that did the FDP for TRIN would suggest they are after the Centrica deal that fell through, but that FDP was based around using Tgal/Trientes rigs and pipelines.
Touchstone goes through, a play for TRIN? Monty knows all the NED's/big investors, a cheap take out of the remaining stock and you have half the project completed at next to nothing.

[alexp6] 25/1/2016 10:26

Familiar faces

[bckttsim] 25/1/2016 10:23

News this week on sale ?

[bckttsim] 25/1/2016 10:22

Citi Bank happy with loan extensions

[alexp6] 22/1/2016 15:15

volume late this afternoon

[alexp6] 22/1/2016 14:51

L&G offloaded a few then

[davr0s] 21/1/2016 19:08

Danger of disappearing down the plug hole - were these really £3 ?!

[alexp6] 21/1/2016 11:04

The longer TXP goes greater on the better at the moment imo. Cash burn at WTI current pricing without the onshore production would be much faster.
If TXP closes and WTI stays below $40 for a protracted period it won't be good for TRIN. Really a gamble now imo.

[stuart14] 21/1/2016 09:20

Indeed. Could be a good price for a long term hold if TXP comes through but it would be option money

[mark10101] 21/1/2016 08:28

Could just be very thin volume capitulation. Either way massive mountain to climb to even get to 10p seen in the autumn!

[nick rubens] 21/1/2016 08:17

Nothing oil related looks good. An extraordinary period for the oil price and our money down the plug with it.

[stuart14] 20/1/2016 17:18

Doesn't look good.