Trinity Exploration & Pr... Share Discussion Threads

[gimmetheloot] 16/1/2017 16:23

8.14 paid , choo choo, this will be on the top risers board this week mark my words. Market cap should be 40-50million here not £20 million ;-))

[gimmetheloot] 16/1/2017 15:18

15-16p by end of this month

[gimmetheloot] 16/1/2017 15:09

Oil is flying, Saudi output cutback and it's all good!!

[comedy] 16/1/2017 14:50

ps have bought some today...as dont want to miss the ride for the sake of possible 0.5p/1p cheaper price???

[gimmetheloot] 16/1/2017 14:50

Like I said this is double your money in no time ;-))

[comedy] 16/1/2017 14:49

so hard to judge..not playing like a classic overhang play...so must be the limit buy orders that are holding share price back..at same time the limit sell price from placees...holding it...and until they allow transfer of the stock by reaching a mutual equal price...hard to judge when to load up??? ie will we get sub 7p for christmas presents???or is the price to get in now and then will crack right past 8p???

[theblackbaron] 16/1/2017 14:40

Should be 10p by now overhang cleared seller gone so i been told all mopped up

[comedy] 16/1/2017 14:36

jung im waiting to see if we can get some cheap shares??who knows???

[jungmana] 16/1/2017 14:30

Has the overhang cleared?

[thetoonarmy2] 16/1/2017 11:03

Well the phoenix rises. I got 1 mill on friday at 7p took most of the day but got em think this needs another week then we should see a nice rise,obviously once the placing sellers are out of the way.

[gimmetheloot] 16/1/2017 10:05

Easy double your money within 2-3 weeks here. Major interest in shares and so undervalued!!

[ultra capital] 16/1/2017 09:11

That's all regent's shares bought at 7p

[theblackbaron] 16/1/2017 08:07

make another run on 8p undervalued compared to peers such as range resources regarding market cap 20m vs 34m-30m range

[brewsters_millions] 15/1/2017 21:17

THERE ARE NOT 95 MILL SHARES, THERE ARE 282 MILL
THE MARKET CAP IS NOT £2 MILL
IT IS MORE LIKE CIRCA £19.8 MILL

hxxp://www.trinityexploration.com/wp-content/uploads/2016/12/End-of-Offer-Period-and-Proposed-Fundraising.pdf

[sleveen] 14/1/2017 11:40

Mark

Yes I was caught out on EDG too.

[ultra capital] 13/1/2017 23:00

I know for a fact that one of the placees is selling for a small profit.

[ffp] 13/1/2017 22:48

Yawnnnnnnnnnnnnnnnnnnnn

[ultra capital] 13/1/2017 22:30

I have upped my limit to 7p. Managed to get some today but dropped my limit to 4.25 million shares. Gutted I couldn't get 5 million at 5p but doubt it will get there now. Talk in the city is of 20p re-rate once broker has finished selling their shares.

[comedy] 13/1/2017 21:36

Any numbers guy..know if we have t/o $25mill...how much to bottom line???how much debt would we be paying off per year??? Thanks in advance

[bones] 13/1/2017 17:51

Jungmana, of course I agree there and kind of alluded to it with the reference to not having to repay $10m to Citi. But, yes, I should have highlighted the much improved debt level instead of saying TRIN still has debt to manage!

I wanted to highlight that we are - in a way - priced at 10 times the pre-suspension level so that we can justify the reasons this is still good value. I believe it is.

[gimmetheloot] 13/1/2017 17:38

That's between 21-23 million USD in revenue per annum!!

So why is the market cap about 25 million US?

[jungmana] 13/1/2017 17:25

Bones - good post. But I must say yes we have 3 times as much shares in issue now but our net debt gone down from about $40m to about $9.2m now. Which is small when you are pumping 2600bopd at cost of $29 per barrel.

[mark10101] 13/1/2017 17:15

Sleveen, did you manage to get out of EDG or did you still hold some until the end like me?.... I held here in TRIN and in EDG, I had hoped Brad would have more of a plan than the whimper he left with.

[sleveen] 13/1/2017 17:05

Can't argue with that.