Trinity Exploration & Pr... Share Discussion Threads

[spellbrook] 07/9/2017 09:29

Having sold the West coast assett im not sure why we would need the fund raise

[phowdo] 07/9/2017 09:28

Someone hedging the CLNs would be my guess.

[mark10101] 07/9/2017 09:26

Hopefully not a fund raise at 10.5p that miraculously is the level we have been brought down to.

[spellbrook] 07/9/2017 09:19

18 days until the presentation , more will be revealed

[mark10101] 07/9/2017 09:09

This is getting ridiculous, oil nearly $50 and we are at 10p. The price seems so focused around the 10.5p mark, would love to know what is going on.

[kaos3] 05/9/2017 18:48

for a few days I could not get shares at 10.5

[bones] 05/9/2017 18:16

I'll get along to the Investor Evening on 25th Sept I think!

[whiskeyinthejar] 05/9/2017 16:14

I wouldn't worry about hurricanes. Trinidad is politically part of Carribean, but geographically it's part of South America- Trinidad is 6 miles off the coast of Venezuela. Tropical storms very rarely land as far south as Trinidad.

I think those 10.75 trades are buys, 10.50 trades earlier are sells. Dont think there is much selling or buying, problem is lack of volume.

[phowdo] 05/9/2017 15:23

Irma at category 5 now.
Moving well north of T&T but looks like could wreak some havoc in the Carribean, Florida and GoM.

[the big fella] 05/9/2017 14:43

Yes a bit disappointing. Oil looking perky but I guess we only get a reaction when it falls!

[aimmafia] 05/9/2017 13:54

How many sellers can there be???? It's been relentless for months... I don't understand how there can be any sellers left now.

[mark10101] 04/9/2017 08:18

Comical start, a 1% drop per individual share traded, mark down Monday getting viscous now. 3 traded so could indicate a turning point as offer price is high this morning.

[ffp] 03/9/2017 21:30

So in essence, like the rest of us, you haven't a clue!!

[oilandgas1] 03/9/2017 21:02

I posted 3366 a while back with lots of positive stuff .. and I think some of the following are holding this share price down:

1) Wti needs to get above $50 ( within 3 weeks I expect when MOMR and OmR reports released showing global inventories below 3bn) and Harvey impact understood on us product inventories ( drop of 20-50mb)
2) $9.7 debt keeps getting paid down with FCF of $250 per week enabling that.
3) drilling in Q4 is successful: production average is still below 2016.. we need production to trend higher month on month to get to 3000 asap
4) we need reserves to increase and be upgraded to 2P.
5) for the persistent seller who is rebalancing / risk managing his portfolio to complete his sales/ offloading asap.

Upside is good but we need the above items to get addressed .. my Guess 4-12 weeks for most .. so by the end of nov share price might double IMHO.

[kaos3] 02/9/2017 07:09

could not get any at 10.6 or 10.7

[spellbrook] 01/9/2017 17:31

Stuck in
The 10 to 11p triangle atleast. Menzies is with us and hopefully knows more than us

[kaos3] 01/9/2017 07:13

getting some cash for trin ready

[whiskeyinthejar] 31/8/2017 23:16

You don't normally get hurricanes as far south as Trinidad. They usually swing north to USA -as this one probably will.

Hurricane Bret in June was only the 6th tropical system to track across Trinidad in the past 100 years.



Bret had some effect obviously, but production is now higher than before Bret, so Trin coped ok I think.

[bones] 31/8/2017 21:51

Hurricanes are par for the course here though. Not really a price mover from year to year?

[ffp] 31/8/2017 19:31

Hopefully that is how it comes out the well...

[che7win] 31/8/2017 17:31

Oil rising strongly today.

[phowdo] 31/8/2017 16:01

Looks like T&T is to the South of Irmas projected path.

[mark10101] 31/8/2017 15:36

Yes been watching that on the weather charts I use. Looks like northern Caribbean could be hit, hopefully won't affect us this time. Worth keeping an eye on though, but looks like it could go up the east coast of the US.