Trinity Exploration & Pr... Share Discussion Threads

[nocents] 24/11/2018 14:49

Will be very hsrd to knowxwhen SPT kicks in Q1 2019 if we don’t know whether Trin selling at discount or premium ! Has always been $ 54.4.
Although Q4 2018 is a lost cause ( unless oil drops to $40 next week!) it’ll be hard to gauge profits next year. Q1 results don’t come out until late April.

[spellbrook] 24/11/2018 11:02

$20,000,000

We are certainly stronger than a lot of our peers,and have the low cost base...

Luck or hindsight the share raise certainly makes one more comfortable as
We move forward debt free

[mark10101] 23/11/2018 09:20

This bodes well for minimising the discounts received in the past where 10% discount is not unusual to WTI. It could be the WTI price is in line with what we get once the new trading group take off a few $ handling fee.

[nocents] 22/11/2018 19:03

T and T oil indies are soggy and fading atm ( cerp/txp/rrl). Trin has held up well after the sell-off. Needs time and patience. Again(!)

[lexus880] 22/11/2018 18:04

two days in the blue are things looking up for Trin???

[dunderheed] 22/11/2018 10:10

Apologies MM there are a group of posters who see 'value' in round number posts.
It's just my sense of humour 'teasing' them!

[nocents] 22/11/2018 09:22

Cheers Spellbrook. Now we got to see how any of this affects Trin. SPT seems to be the big and real hurdle.

[marvelman] 22/11/2018 09:00

You got me there DH ??

[dunderheed] 22/11/2018 07:11

Reserved for monte1, prammy and Saul Goodman.

[acsatix] 21/11/2018 09:19

could be time to come back into the name a the SPT 50$ threshold is reached and provides a boost :).

[mark10101] 21/11/2018 08:37

Here is the Investors Chronical link on TRIN yesterday.

[nocents] 20/11/2018 21:21

Most importantly we have not had a bull market in oil !! It has crept up from the fifties this year and been in the seventies a few months. That’s mot a bull market in oil. It does not herald a bear market at all. It is just unwinding of long positions. Important to note. A real bull market has never taken hold. Kind of a dead-bear bounce for a year.

[nocents] 20/11/2018 19:18

You have done well. Being in cash may be the right place atm it seems.

[marvelman] 20/11/2018 18:30

Interesting and honest post Esmerelda...thank you for sharing.

[sleveen] 20/11/2018 17:59

Esmeralda

Good post.

[nocents] 20/11/2018 16:50

I don’t ever understand why people who don’t hold shares post on share boards.