Trinity Exploration & Pr... Share Discussion Threads

[shrewdmole] 18/7/2017 15:08

Mark

Isn't your $29 figure too high.

I believe it's circa that off shore but on shore it's $18-19. The production currently is majority in shore so far higher margins.

Infill drilling ongoing and swabbing done so whilst hey aren't Rns ing every new well on line the production will be increasing over h2.

S

[squiresquire] 18/7/2017 14:46

Looking very nice today, i still cannot get over how these figures we know are being generated escape traders, i guess they are looking for the trading update to prove the figures, but how difficult is it to work out given the barrels rolling in per day.

[mark10101] 18/7/2017 14:37

SM absolutely, as an overall risk and reward set up it is bonkers we are sub 20p ATM. However I have been in shares before where the value was screaming and it was squeezed lower only to bounce massively on no new news. The cynic in me always sees foul play but I'll leave it there.

[aimmafia] 18/7/2017 14:00

Minimal buys... price moving up quickly..... I reckon a few 100k buys would send us up even more.....

[mark10101] 18/7/2017 13:37

I am still of the view that 24p before we see 8p, which is unlikely to ever be seen again. Bid firming up, how much can they hold this back. Like 8p earlier in the year, bizzare holding phase before rising all the way to 18p

[shrewdmole] 18/7/2017 13:35

Trotters

Cash generating daily and poo is increasing albeit Trin make a profit at far lower oil prices anyway.

This feels like Opti at 38-40p, when brakes are off it will gap very quickly.

I've posted before about the upsides and minimal risks.

Where else can you buy shares in a company that's generating cash daily, has production upside, reserves upside and extg 2c to 2p very likely soon, potential production tax breaks coming, virtually nil geopolitical risk?

Value will come out in time.

S

[shrewdmole] 18/7/2017 13:31

In funds tomorrow so hope it doesn't break yet.

[mark10101] 18/7/2017 13:27

Oil doing very nicely. Signs games about to brake, any move from here could be very rapid.

[mark10101] 18/7/2017 13:24

BTG we have you filltered, don't feel the need to reply, just mocking.

[backtogo] 18/7/2017 13:11

Ah.. if only the market was that straight forward eh trotter

[trotterstrading] 18/7/2017 13:08

All the while cash in the bank is building, next update should be a strong one

[aimmafia] 18/7/2017 12:47

Tick on the bid. Have we seen the bottom. We need a tighter advertised spread to get proper movement

[mark10101] 18/7/2017 11:37

11.6p being paid, they really don't want buyers ATM.

[mark10101] 18/7/2017 09:17

Definitely looks like 11.5p is the trade level being worked as I have commented on before.

[mark10101] 18/7/2017 08:49

They just want sellers by the looks of. BTG why don't you add at this level, easy 20% down to your 8p target.

[shrewdmole] 17/7/2017 17:05

Poo up too.

[mark10101] 17/7/2017 14:58

Yes the muppet crowd forget we held at 1.8p even their talk down to the random 8p would still be a good result. Wonder if this is a shake before a bid. That would be dire if the market is being hit so a 20p offer would sudenyl look good. Games afoot, fundamentals are getting stronger by the day.

[mark10101] 17/7/2017 14:42

No sign of charts breaking down. Things firming up on level 2 so could be the monday headfake MM like with the 3pm switch.

[astorcourt] 17/7/2017 14:29

back into single digits by looks of things. chart broken down, no buyers, its looking dire here.

[squiresquire] 17/7/2017 08:55

Reading up about this share it really does seem to be a total bargain at these
prices. I added Friday and will continue to add as i can afford to. A very nice future ahead of it, short term too.