Trinity Exploration & Pr... Share Discussion Threads

[aimmafia] 28/2/2017 13:26

Trust the fundamentals

[mirabeau] 28/2/2017 13:08

Got some more..90k @ 14.6999

Either delayed reporting or through ISDX

This time my patience will remain steadfast

I'd be happy with 20p

[aimmafia] 28/2/2017 13:00

Absolutely

[currypasty] 28/2/2017 12:59

punters piling in before malky does a full write up / interview?

[aimmafia] 28/2/2017 12:55

A trades coming in here we go

[aimmafia] 28/2/2017 12:53

This is going to absolutely rocket this week

[jemjem] 28/2/2017 12:50

Malcy tweet

@mgrahamwood: Just had a really good meeting with Bruce Dingwall of Trinity, boy have they done well given the hole they were in. Now looks pretty sweet.
Retweet Reply Favorite (about 4 minutes ago)

[aimmafia] 28/2/2017 12:49

Just taken another 30k

[mark10101] 28/2/2017 12:31

Spot on Zengas, lots of steps to come that changes valuations as we move forward. What we know now still leave a significant valuation gap.

[zengas] 28/2/2017 12:18

AimMafia - Re 50p+ ?

My thoughts are that the 2C when it is moved to 2P would make the underlying value based on $5/b an approx 54p base target.

We know that Amerisur/Andes Energia are valued at up to $15/b on roughly the same metrics.

If Trin was only based on it's 20.9 mmbo P2 and was in the middle of drilling, then announced it had found an additional 19.8 mmbs i'm sure the share price would have doubled overnight - yet we already have that additional oil already found.

Circa current 2600 bopd base production so generating close to $50m revenue. Not many companies have a stronger baseline investment case with a total of over 40 mmbls P2/2C.

Initial focus target of 3,000 bopd from existing 2P increasing the revenue further. I would expect that target to increase.

With patience, it's then hoped to bring that 2C online - increasing the production, increasing the revenue further and booking those reserves. If acheived, how would the company then look perhaps doing the best part of $100m revenue a year on roughly 5,200 bopd at a $50/b oil price ? Could it add additional assets for more growth ?

There's the additional exploration potential so there's a lot of longer term upside if successful.

In the meantime any incentives from the Government could have a very positive impact on all of the above and in particular to valuation.

[the big fella] 28/2/2017 11:45

Well I have a cheeky buy order in for another 500k at 13.25p which went in first thing this morning. No chance of any of that getting filled now

[pineapple1] 28/2/2017 11:45

Oh just say it . back to previous ATH,s from days gone by......(i wish)

[aimmafia] 28/2/2017 11:44

15p is going to get obliterated this time round

[cwmwillis] 28/2/2017 11:39

Oh, Malcy buying some shares before he issue his Blog on us??? ;)

[someuwin] 28/2/2017 11:38

15p++ soon imo.

[3dwd] 28/2/2017 11:15

Aimmafia...how do I speak to u directly ..asap

[astorcourt] 28/2/2017 10:46

Nonsense, Aimmafia. 50p in 2 months.

[aimmafia] 28/2/2017 10:34

ZENGAS I think you are absolutely spot on..... we have many years of production here and this company maybe in a year or so could reach 50p plus.

[zengas] 28/2/2017 10:18

Still undervalued by a long way.

Producing circa 2600 bopd @ over $50/b oil ($50m/year) yet at 14p the 2P valuation is a ridiculous $2.35 per barrel. Therefore a 25p fair value target puts the 2P on a very conservative $4.40 per barrel.

Amerisur and Andes on similar breakeven/costs are valued at circa $15/b per P2 at the same oil price.

Add in the 2C discoveries with the 2P and every barrel is valued at just $1.18 here at 14p.

[3dwd] 28/2/2017 10:17

Probably TW !!!! ..being squeezed...

[aimmafia] 28/2/2017 10:07

14p getting smashed

[aimmafia] 28/2/2017 08:36

MMS selling all yesterday's stock back at a hefty profit today.... Weak sellers got absolutely mugged.

[aimmafia] 28/2/2017 07:52

Fully expecting a strong blue day today.... It simply cannot remain this under valued for much longer

[mark10101] 27/2/2017 21:46

Yes, this does not have the feel of a frenzied top with broad participation. whether we plod around this level or we stay in the trading Chanel and continue to gradually rise until significant news. I suspect the later as we have a reasonable amount of news to come over the next 6 weeks.