Trinity Exploration & Pr... Share Discussion Threads

[aimmafia] 09/2/2017 08:20

Yep, they will take everyone's shares...... they will take as much as you throw at them. Why? Because they will sell them back at a premium as they know this is under valued.....If they didn't want the share price to go up do you really think they would take £50k in one go?

[rafieh] 09/2/2017 08:13

Tha momentum seems to have faded for the time being.

[astorcourt] 09/2/2017 08:11

I tried a dummy sell for 600 000, no problem electronic, offered 10.5p.

[aimmafia] 09/2/2017 08:07

All those that sold I wouldn't leave it too long... we are on the up after consolidation

[deltrotter] 09/2/2017 07:46

Great spot - thank you

[mark10101] 09/2/2017 07:12

Hopefully an announcement soon

[aimmafia] 08/2/2017 18:54

They would only hide these trades to earn money down at each level. It's fine. We will get where we need to be....I keep mentioning it but look at the #sqz chart.... it's a thing of beauty. We will follow suit that's for sure.

[760il] 08/2/2017 18:35

Like I said previously their pants were on fire. Imagine if they showed the trade as it happened. We would be 15p today. Laws is in their favour.

I wonder if they called Hargreaves asking to sell them some stock to them. We all seen what they did today, layering and low volume.

But hey I took a few from them.

[mark10101] 08/2/2017 18:24

If you bought at 13p you would have been in profit soon. It could even come this Friday or whenever but 13p is a long way from where I will be selling.

[mirabeau] 08/2/2017 18:16

Hope it goes well here fellas. Don't do what I did and make silly, impetuous purchases..

Someone proffered some sage advice yesterday - ''always look to the downside before you start dreaming of riches'

GLA

[wild billy boy] 08/2/2017 17:19

CashCard

Generalising Aim O&G .

[the big fella] 08/2/2017 17:18

I am flying off to Montpellier for an extended half term break - so when I come back I would like this above 15p please :)

[wild billy boy] 08/2/2017 17:17

1m delayed buy at 13.00p, just 2 mins before Mirabeau bought his 400K at 12.94p.

[mark10101] 08/2/2017 16:21

WTI rebounding nicely and as predicted share price already responding, fingers crossed for a strong close.

[ultra capital] 08/2/2017 16:21

Time to be back in

[the big fella] 08/2/2017 16:18

Debt really isn't an issue. $9.7 mil for this sector is peanuts. The cashflow will see this fall very quickly.

[jungmana] 08/2/2017 16:11

Net debt is only $9.7m. If you making $2m a month that debt should not be a problem.

[cashandcard] 08/2/2017 16:09

What about Debt? With the turmoil of the last couple of years, some will be worried about any significant debt-burden on the balance sheet.


Cash

[zengas] 08/2/2017 16:08

Any downside gyration to $45/b in the oil price shouldn't affect this.
The plan is to operate at a price of $45/b - and at 2650 bopd.

Anything above $45/b is a bonus as is any increment above 2650 bopd - ie their 3,000 bopd target.

[mark10101] 08/2/2017 16:02

WTI is strengthening could see a rally into close. Some of TRINS weakness has been from oil, that looks to be reversing. No one has let their shares go less than the current midpoint today so door could be closing for the traders.

[deltrotter] 08/2/2017 16:02

Agreed Zengas.

[zengas] 08/2/2017 15:59

There could still be some profit takers/stale holders in pre-restructure and perhaps some at the placing level who after seeing their recent major paper profits erode after this current pullback have perhaps decided to cash in.

Bought 175k more at under 11.

M/cap of £28m/$35m values the 20.9 mmbo P2 at a ridiculous $1.67/barrel. During the sub $30/b lows and dire financial situation they were in, they were selling non core 2P for nearly twice that. The price now doesn't even take into consideration the revenue and cash after opex/breakeven were substantially slashed over the last 15 months - nor the value in the existing 2C discoveries.

[the big fella] 08/2/2017 15:57

I would suggest anything around these levels will look a bargain in the weeks / months ahead.

[the big fella] 08/2/2017 15:56

That will be after you have bought your stake back then :)