Trinity Exploration & Pr... Share Discussion Threads

[the big fella] 12/1/2018 09:38

Just for clarity I meant doubling of the share price in each of the next 2 years i.e. in 2 years 65p+ share price.

[shrewdmole] 12/1/2018 09:23

I'm happy for them to throw more at paying the debt off early and clearing the cln whilst we await an improvement in spt reform.

We may as well get them gone.
Clearing the last of the debt which they have been over paying and clearing the cln will see a huge rerate imo more so than some additional drilling.
Albeit each drill pays for itself in 2 weeks!

[che7win] 12/1/2018 09:18

I agree,
I don't expect any drilling this quarter.

[uapatel] 12/1/2018 09:08

That's also my view Mark. No rush, when Imbert and the boys aren't fussed.

[mark10101] 12/1/2018 09:05

I agree, but it is what they have stated in past. We may not drill any this qrt if they want to focus on paying down the last of the debt and waiting for the fiscal clarity.

[mark10101] 12/1/2018 09:00

Roos, the management have clearly stated they don’t want to be like other AIM oiler that announces spudding etc.

[shrewdmole] 12/1/2018 08:52

Ross

Wouldn't it just be in the quarterly update?

S

[shrewdmole] 12/1/2018 08:45

Mark

Don't believe the buyers are finished, level 2 getting stronger.

Suspect mr 200k will jump soon.

S

[mark10101] 12/1/2018 08:44

ROSS with oil where it is and drilling cost approx 2 weeks profits we may have even started the drill bit already. That will make good reading in the update.

[mark10101] 12/1/2018 08:40

Yep, order must be finished, should be one of those good days as a TRIN holder.

[shrewdmole] 12/1/2018 08:34

It's going to go again mt!!

[mount teide] 12/1/2018 08:33

L2 - bid side looks the strongest I've seen it in weeks

[shrewdmole] 12/1/2018 08:30

There's no patience on the bid at present there seems to be a bit of a squeeze from one or more buyers.

Big fella - doubling from here over next 2 years is very realistic.

For me they should be 25p+ Now and as that debt gets paid off this year add a further 5-10p.

S

[the big fella] 12/1/2018 08:28

Indeed. This time last year I was buying these at 8p. They are now double that. I would be quite happy for the same percentage increase over the next couple of years

[pineapple1] 12/1/2018 08:25

Patience is a virtue . It has paid off with SQZ and it will pay off here. Be right and sit tight.

[melody9999] 12/1/2018 08:13

Added another 50K this morning

[spellbrook] 12/1/2018 08:10

The 450000 purchase yesterday was a bit of serious confidence in TRIn imo

[shrewdmole] 12/1/2018 08:05

In the meantime we are making nearly $1.5m per month every month.

Basic fundamentals with spt reform, west coast sale news or production increase just added bonuses.

[spellbrook] 12/1/2018 08:04

Waiting for February update and hopefully hit 3000 bopd

Maybe update before on sale of west coast asset

Maybe Trinidad government news on spt