Trinity Exploration & Pr... Share Discussion Threads

[sleveen] 07/12/2015 07:32

After the bluster from LGO re Tabby they end up paying to TRIN. Classic.

LGO will be hit this morning IMHO.

TRIN aren't anywhere near being out of the woods yet

[jungmana] 07/12/2015 07:28

LGO are really in a mess. Cant even pay us $265k in cash.At least Tabaquite is back in our portfolio and we may get more than $2m for the asset.

[mark10101] 03/12/2015 18:40

Yes, finding everything very hard to call ATM, very strange world out there currently. A very recent challenge (jury's out ATM) to TRIN as my biggest desater, portfolio looking precarious when only in Oct looking ok.

[jungmana] 03/12/2015 15:38

Onshore sale approved as expected. Onwards and upwards from here imo.Gla

[mark10101] 03/12/2015 14:01

They are laying off staff and just agreed to sell assets for nearly twice the value of debt. Still it is a tough time at $40 oil.

[12bn] 03/12/2015 13:58

Trin has too many staff and a $13m debt that it keeps rolling over,they could go bust imo.

[mark10101] 03/12/2015 13:27

A bit of good news.

Rossannan my WTI call was not so great like many of mine... Looks like the Mexicans are going to get their stonking payout. Thought we would have seen $50 this week if the big guys were trying to get out of it, at least it would have given a bit of a cushion if the OPEC meeting disappoints, could be well into the $30 tomorrow if they do.

[jungmana] 03/12/2015 11:03

Offshore sale should be approved today at EGM. Good entry price for any newbee.

[ffp] 01/12/2015 17:26

Have to say I am tempted....

[jungmana] 01/12/2015 09:42

Selling at 4p is stupid imo. Games being played here with $21m sale being aproved this week.I hold tight :-)

[ffp] 30/11/2015 21:52

rossannan

Taken you a long time to come up with the cash?

You carry it off very well.

[odvod] 30/11/2015 12:12

SP is 4.5p
Why I do not know but it hurts as there is no optimism atm