Trinity Exploration & Pr... Share Discussion Threads

[comedy] 09/1/2017 14:26

tdw got share price at 4.98p on portfolio???trying to work out what to do with shares i have when we come back to market????

[comedy] 09/1/2017 14:25

guys can i check have shares been consolidated or just a placing added to previous shares in issue???

[griff2711] 09/1/2017 14:24

I think an approved development plan at Tgal demonstrating low economics would be required to reach that kind of market cap. What I'm certain of is a company throwing off $20m pa in gross profit is ridiculously cheap at anything under 10p. I'd expect a rise past this number pretty bloody fast especially if there's shorts out there.

[jungmana] 09/1/2017 14:15

Ross - I believe 30 to 50p is achievable as fair value based on today's production and wti price. With 4 planned drills into 2018 and other valuable assets, 100p is very achievable by next January. All imho.

[jungmana] 09/1/2017 12:19

If I can get 100k of this under 10p I will be happy. Trin could be back to £1 in a years time imo.

[ultra capital] 09/1/2017 12:14

I will take 5 million at 5 or 6p.

[jungmana] 09/1/2017 11:57

The lucky ones

[jungmana] 09/1/2017 11:56

Looks like someone bought 13.47m at 5p

[mark10101] 09/1/2017 11:16

Yes would have been good to know there was this plan and bought in at the 1.8p, would not have taken much cash to get my average down nicely. Anyway I even think my 30p current average has hope over time.

[odvod] 09/1/2017 11:13

mark I looked how to contact them at a certain point in time. lots of segals around. few segels.

[mark10101] 09/1/2017 11:10

Edited :-)

[odvod] 09/1/2017 11:00

segel or segal?

[mark10101] 09/1/2017 10:59

I think Segel played a very significant part and it gave me confidence while they loaded up. I hoped they would stop the ship from crashing in the way the previous team appeared to be aiming for. I think all are on board now given the take up of the new shares. Just wished they had given us a chance to particiapate as other companies have in the past, we certainly have suffered the pain.

Any way let's hope for a more prosperous future for TRIN now that is behind us.

[odvod] 09/1/2017 10:34

I owe segels a drink. whenever you are in slovenia you are wellcome !

[griff2711] 09/1/2017 08:30

Well done all. Difficult to know where this will settle as debt and oil price led to the near terminal decline. I'm definitely a buyer below 10p I know that for sure.

[mark10101] 09/1/2017 07:47

From 60p down it looked like somone had eyes on us and frustratingly we looked powerless right down to 1.8p. We could see one of the largest intraday rises I have ever seen and that with the massive dilutions also.... bonkers, looking forward to Wednesday.

[mark10101] 09/1/2017 07:29

So far since new managment and our suspended they have acted very professionally. Just a shame we got to this and have been diluted so much. With good managment we never needed to get to this stage, however I had mentally written this off despite never loosing faith in the assets and the business. As we have discussed I think anyone with an average under 40p has a hope over time this not only recouping investment but also pay a return.

[jungmana] 09/1/2017 07:02

Simply fantastic !!!!!

[mark10101] 07/1/2017 08:18

Ah, ok that is good. Yes I agree with you on that, sadly though I held from highs hoping for TRINS mundaneness! TRIN was poorly manage and if you go back through my post I have commented many times that is was almost as if the managment were deliberately running the share price down. RNS would be few in coming and when they did come it would be poorly timed with other action on the market or a big fall in oil. The PR was so bad on that front that the actions of the managment and the way in which the RNS's were delivered they could not have achieved any more destruction to shareholder value than they did.

Anyway can do little about that now, just maybe TRIn can create some excitement, I believe we have more exciting assets and prospects than PANR personally, they just need to be sold better!

[mark10101] 06/1/2017 20:30

Rossannan, ok I have heard that, however the code has been cracked for years and PANR, from my moderate research, seems to have cracked it less well than many... I would not personally base a £170m valuation on a one liner from Malcy or the rest of his blog. He was a huge fan of CAZA right to the 0.5p they ended up at.


Funny how we are arguing the toss over £10m MCAP here or there and other companies can fluctuate by that in a day and are wholly valued on nothing but hope. Thats why I ask question I like to try and work the markets out, one day I will learn that is impossible....