Trinity Exploration & Pr... Share Discussion Threads

[mark10101] 23/3/2018 16:41

3 UT this week, marking us down to the days selling price each day, interesting.

[whiskeyinthejar] 23/3/2018 15:31

Buys being reported as sells again.Ive never seen spread so narrow here. 17.25p to sell, 17.35p to buy.

Brent now trading above $70 a barrel on worries on Iran. WTI over $65. Real danger that Trump/Israel decide to bomb Iran I think.. Tillerson was voice of reason, new guy is tea party gun nut.

[spellbrook] 23/3/2018 15:29

oil perky more TRIn $$$$$

[mark10101] 23/3/2018 08:14

WTI looking strong, not long now until sector rotation boost all oil companies as people finally realise lower for longer was a very wrong concept when it comes to oil that requires constant funding just to stand still.

[glennborthwick] 23/3/2018 07:36

As it's pay day I shall be doing a little too up today.

[pecuniarum copia] 22/3/2018 15:37

James Menzies, TRIN Non-Executive Director, is to be appointed CEO of Coro Energy (currently Saffron Energy)...

[spellbrook] 22/3/2018 11:46

Go welcome look forward to the spreadsheet scenarios

[whiskeyinthejar] 22/3/2018 09:48

edit: never mind I'll email him later.

[mark10101] 22/3/2018 08:46

Hi all, Gabriel Oak on LSE has updated his spreadsheet for those that got it last time or anyone new if interested. His email is below.

[e-mail].

[wingspan] 22/3/2018 08:11

Wwick

Assuming no discount, at 2800 bopd:

Equals 1.226 mln per month net of everything.

Each dollar higher in price of oil is about 380,000 dollars different on an annual basis when in the 60’s and 560,000 dollars different in the 50’s.

At 3000 bopd this switches to 600,000 and 400,000 respectively.

[shrewdmole] 21/3/2018 20:55

Everytime it gets hit with big sells they get soaked up.
Long time since I've seen a share price look so solid.

[mark10101] 21/3/2018 20:27

Looks that way Spellbrook, nice springboard to the next level.

[spellbrook] 21/3/2018 20:10

The notch down will help to push on up to 20p

[shrewdmole] 21/3/2018 20:00

Value always outs

[mark10101] 21/3/2018 19:50

WTI $65.5.

[mark10101] 21/3/2018 16:39

Two days the use of an UT to mark us down into close, hopefully the close of the week will be more interesting with WTI over $65 now.

[whiskeyinthejar] 21/3/2018 15:43

Every $1 increase in oil price brings in $1m in extra annual revenue. ( 2800 x $1 x 365 = $1,022,000).

[wwick] 21/3/2018 15:04

Just for fun. WTI is up $2.50 from Monday. How does that translate to TRIN earnings per month using 2,800bopd?

[mark10101] 21/3/2018 14:59

A big draw on the EIA report 6m out From prediction.... WTI closing in on $65 as Spellbrook states $$$$$$$

[spellbrook] 21/3/2018 11:07

perky oil more TRIN $$$$$$$$

[mark10101] 21/3/2018 10:41

RRL up 30%, CERP up 15% it looks like that Edison article is taking effect, TRIN being the best in the buncch (IMHO) hopefully we will build on the current move, it has the feel the best is yet to come.