Trinity Exploration & Pr... Share Discussion Threads

[odvod] 20/2/2017 14:51

I am positive on some of my purchases before reorganisation (10p)

[moormoney] 20/2/2017 14:43

I lost on this before but it's looking good now. I'm in and hoping to make back my losses!!

[mark10101] 20/2/2017 14:43

Feels like the MM are still facilitating the accumulation phase which is very reassuring. The distribution phase will likely be a fair way north of here. Even then the guys who buy into the distribution phase still could do well with the long term potential here.

[mark10101] 20/2/2017 14:41

The longer we tickle along like this before we get a volume news driven event the better. 15-17p would make an excellent platform for an announcement (within the next month) on the new Trinidad and Tobago oil tax reigime, or a brockers note or an update from the company.

[aimmafia] 20/2/2017 14:40

13.25 boom

[aimmafia] 20/2/2017 14:20

Full ask are A trades not relevant to true spread. But makes us look better regardless.

[runwaypaul] 20/2/2017 13:59

full ask being paid...

[runwaypaul] 20/2/2017 12:39

nice cool 1m buy@13.40
that'll get tails wagging:)

[shrewdmole] 20/2/2017 09:21

interesting what yas says as shorecap been on the bid from the off....

peel didn't even get out of bed till 8.10!!

[aimmafia] 20/2/2017 09:16

13.5p on the bid could well be today yasx..... i tip my hat to you sir.

[aimmafia] 20/2/2017 08:51

Still hardly any sellers at this level. Great news that people are holding onto all their shares

[aimmafia] 20/2/2017 08:08

Totally agree yasx but 13.5p minimum. Realistically 15p by Friday is what I expect to see

[someuwin] 20/2/2017 08:05

15p? 20p?...

[yasx] 19/2/2017 23:19

AM,

13.5p is hardly a significant move from the current price - expect a more significant next leg higher this week...

[aimmafia] 19/2/2017 19:43

Busy week coming up. Fully expect the buying to come into full swing this week and 13.5p on the bid minimum by Wednesday.Terribly under valued still.

[aimmafia] 19/2/2017 10:17

24p is just round the corner and if a positive production rns comes out it could send the share price ballistic!

[astorcourt] 19/2/2017 08:18

Yes kaos, they took over bayfield energy's assets and merged with trinitys own assets, who in turn had bought up a few other oil smaller companys.

This is no one trick pony, plenty of upside when finance available.

[kaos3] 19/2/2017 07:38

From 2015 presentation:
In the last four years Trinity has raised:
•USD 63 million in debt financing,
•USD 104 million in equity (including a complex Reverse Takeover which was nominated for AIM deal of the year)

and we are getting all this plus more for peanuts

[kaos3] 19/2/2017 07:29

T&T Shell & BP - its about who will pump the same structures - we or Venezuela. Its as simple as that. Open maps

[astorcourt] 19/2/2017 06:29

which company took on the Centrica gas assets that trinity tried to buy?

[ds346] 18/2/2017 23:33

Touchstone wouldn't be able to buy now.... Market cap £7m vs £36, 1600 bopd vs 2600 bopd. Touchstone 2P also less.

[mark10101] 18/2/2017 07:42

Not really saying shell would be interested in us but it may bring focus to the area with both BP and Shell stating Trinidad is going to be a new focus for them both going forward. It may be an indication they know the new tax regime.