Trinity Exploration & Pr... Share Discussion Threads

[shrewdmole] 23/2/2017 16:42

400k plonked on the bid at auction at 14.5p bodes very well for tomorrow!

[aimmafia] 23/2/2017 16:12

MMS are hungry for shares! They will take £40k in one go at 14.6 !!

[3dwd] 23/2/2017 16:05

I am pleased I added

[aimmafia] 23/2/2017 15:39

Not long til rns's start to land regarding production updates and progress.... could be a big march / April

[mark10101] 23/2/2017 15:36

Yes and this qrt which only gives a few more weeks, could be a real game changer.

[aimmafia] 23/2/2017 15:29

North regardless

[loveandmoney1] 23/2/2017 15:29

Trinidad to unveil new oil and gas fiscal regime

[aimmafia] 23/2/2017 15:29

It's a load of £&@" but it will go. Let's regardless

[loveandmoney1] 23/2/2017 15:24

for the believers on buyside 14.57

500 - Gap one way or another usually to direction of 500 trade

[astorcourt] 23/2/2017 14:52

What has to be done to get the already discovered oil moved from 2c to p2?

[zengas] 23/2/2017 14:34

The thing is the re-rating gap as to where it is on the reserves/production level and a comparative value of a minimum circa £70m or 25p is only one part of the story.

The 2C with patience would move the 2P reserves to over 40 mmbo and a higher future production level which imo could be around 6k bopd and a share price target of perhaps 100p in the next 24 months.

Imo it's not unreasonable to expect buyers at these levels to be investing/holding for that potential in moving to that next stage where the biggest gains could really be had. It's not like it has to drill to prove they've got an additional 19.8 mmbo waiting in the wings to be developed - they've found that oil. What you're looking at here is a company already part way there to over 40 mmbo P2 and a much higher future production stream.

[awise355] 23/2/2017 14:31

I'm now thinking 21-22p could be reached soon, we are starting to get nearer to fair vs,use in the interim but over a 3year time span can see a market cap around 100M or perhaps more, this used to be valued between 100-150M but dropped slowly as they had such huge costs - now we have a lean company with lower debt albeit 3x the sharesGlad the company has survived the route - cannot believe credit Suisse too such a cut on the bank loan?! With no much equity stake?? Have we figured out why yet?Thanks!

[mirabeau] 23/2/2017 14:27

How would I embed a crude oil chart into the header? Is it WTI?

[aimmafia] 23/2/2017 14:25

This is going to pop soon. Look at the 3 month chart..... wouldn't surprise me if we had a proper Friday rally tomorrow.

[mark10101] 23/2/2017 14:13

Go WTI, that will only help this afternoon.

[aimmafia] 23/2/2017 13:46

They will have to lift bid soon to entice sellers

[brando69] 23/2/2017 13:44

buyers outweigh sellers by 10 to 1 today.breakout on volume

[mark10101] 23/2/2017 13:36

WTI moving nicely, let's hope we can take out $55. Rerate continues nicely without news, just imagine if we get some positive news.

[loveandmoney1] 23/2/2017 13:32

GREED IS GOOD

[brando69] 23/2/2017 13:31

bid moving up now

[mirabeau] 23/2/2017 13:31

100k buy order at 14.25p

[aimmafia] 23/2/2017 13:17

I'm just saying live bid is 14.31p and they will pretty much take any number of shares off me. They are desperate for shares. Low free float and we have more buys than sells. There will be a squeeze up with any more volume.

[brando69] 23/2/2017 13:15

so are you saying it's worth an extra 40K at 14.3 but not at 14.75? that would suggest that 3% is make or break.