Share Name Share Symbol Market Type Share ISIN Share Description
Trinity Exploration & Production Plc LSE:TRIN London Ordinary Share GB00B8JG4R91 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10p -0.99% 10.05p 9.80p 10.30p 10.15p 10.05p 10.15p 348,204 15:59:33
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 49.1 -3.2 -1.6 - 39

Trinity Exploration & Pr... Share Discussion Threads

Showing 15076 to 15098 of 15100 messages
Chat Pages: 604  603  602  601  600  599  598  597  596  595  594  593  Older
DateSubjectAuthorDiscuss
21/10/2019
07:00
Investor roadshows start Wednesday Https://www.sharesmagazine.co.uk/events/event/shares-investor-evening-london-231019
spellbrook
21/10/2019
06:37
Https://ukinvestormagazine.co.uk/trinity-recovering-from-q3-production-dip/
spellbrook
20/10/2019
20:17
Q1 has a few unfortunate extra expenses usually :-( See RNS Q1 this year. Insurances and other hidden blood-drains. 3,400 plus ought to keep cash flow steady as long as budget does not genuinely have a material effect. At least 20% year 1 capex credit is AFTER 6 wells drilled H2 at 50% tax credit ! Fiendishly devious government! Imbert out! I’m gonna take next September holiday in Trinidad and do what they did in Hong Kong with placarfsxin the govt. chambers. Actually..because of Trin I can’t afford it anyway. :-/
nocents
20/10/2019
18:13
6 wells, thanks I see it now. Given this I expect YoY cash to increase 30%+. This is using the October 19 production bopd figure and the expected 2019 exit bopd figure while accounting for slightly lower WTI.
wwick
20/10/2019
17:32
Sorry. Typo. Wwick.
nocents
20/10/2019
17:32
Wwich. They’ve answered all your questions fpr me. 8 wells was only ever a target. Why waste capex rushing drilling when you are evaluating Scada and Haw and producing 50% more than initial expectation from new wells! All in latest RNS.
nocents
20/10/2019
17:20
-- The third infill well in the H2 drilling campaign commenced production on 9 October -- The fourth infill well which spudded on 30 September was completed on 8 October and will be perforated and brought on production in the next few days -- The rig will move on to the fifth well location shortly, following routine maintenance work, and the Company now expects to complete this, and a sixth, well during Q4 2019
spellbrook
20/10/2019
17:20
All this and much more is in the presentation with slides by Jeremy Bridglalsingh. I think every investor and potential investor should look at the presentation, take notes, replay parts (more than once)and when in doubt do it all again(I did) The last 8-10 minutes are especially informative and very encouraging to investors. Capex of $10m /year on wells and still able to add to the cash pile. Cash flow positive this year even with 6 new wells. Profitable from the low $40 pb even with SPT. To put it very mildly they do seem to know what they are doing. As far as the SPT is concerned I doubt if it will remain in its current form if the government really does expect TRIN to drill at TGAL JB quite clearly said that they would not be coming back to the market for funding of the project ($120m - $160m)so either they are going to sell it on or bring in external partners and I doubt if either would be possible without tax reform.
pavey ark
20/10/2019
16:27
Noc, please help, where did you get 6 wells from? I was working off the "up to 8 wells" statements and accounting for capex for 8 wells. If a 3400 bopd year exit rate is based on 6 wells this is material in my calculations.
wwick
19/10/2019
19:56
Lest we forget or have forgotten.... 6 wells 2019. Only well 1 was fully included in Q3 results and well 2 end August ( only one month) Well 3 produced from 9th Oct. Well 4 from this week. Wells 5+6 completed by end Q4. Wells 1-3 50% above pre-drill prognosis. Not including full HAW impact. 3,400 by year end is nearly 600 bopd higher than Q3. I have no patience :-/ But Q1-4 2020 will be a step change and 3400 is a big early leap for Trinkind. 10p??
nocents
19/10/2019
19:01
T-shirts ( Doh)
nocents
19/10/2019
16:06
How much will the bopd be with haw and scanda
spellbrook
19/10/2019
16:05
Will all future drills be HAW
spellbrook
19/10/2019
15:08
Cpap WTF? What has Kavango Resources in Africa got to do with Trinity Oil and Exploration in Trinidad?
nocents
19/10/2019
12:42
How many more haw drills
spellbrook
19/10/2019
11:36
KAV By all accounts Mikes Moles is now at the drill site on the northern part of the KSZ with Hillary Gumbo and the whole local KAV team. A live from drill site interview with Mike Moles is planned for early next week. Very exciting times!
cpap man
19/10/2019
11:05
Hi Mark, have replied.
pavey ark
19/10/2019
09:08
Hi PA, check your ADVFN private messages, I sent something the other night.
mark10101
18/10/2019
21:48
PA. You’re getting there! Tgal however would only be put up for sale if companies like BHP or Shell were interested. Herotage can’t buy its remainder..or the govt. won’t. Trin have been setting it up a treat for a farm-in or merger so a sale would be a surprise to me but a nice one! Tgal has always been their end-game but SPT kills the spirit. Re. the ccash pile...Bruce has been through the mill with Cotibank’s freezing of assets and tgreatening liquidation 2016. Trinidad’s version of Article 11 saved Trinity and allowed refinancing. Vultures circled. Bruce would NEVER let Trin become cash-poor. It’s why he wanted rid of debt via Placing. Was allegedly “ worst year of his life”. I think I’ve had worse. But they did a sterling job. Hence their over-cautious approach now methinks. 4 presentations to come. 10p a share. They need to get institutions involved not just 5% quickie p/i’s.Institutions in AIM for small caps is HARD! He needs a cunning plan Baldeick. It’sa long hard road up . But no better time to buy. Time to buy ashare is deeply undervalued to NAV and especially no debtvand strong balance sheet. That’s now is it not? Forget seller(s). There will always be sellers.
nocents
18/10/2019
19:39
Someone mentioned the recent presentation with slides (30 minutes). Started watching it at the time but just skimmed it but went back and had a much closer look. The presentation is excellent but especially the last 7-8 min when all the detail of Capex ,drilling costs, oil price and profitability are all laid out....these guys certainly appear to know what they are doing or trying to do. I don't know where I'm getting it from but I got the slightest feeling that the east coast asset was getting set up for a sale (a big sale at that) but I may be reading it all wrong. A very exciting and valuable development though. Back to the recent debate here about drilling / cash depletion. The presentation is saying that they can drill year on year and still add free cash flow. They will not run down the cash pile and intend to increase it and drill a number of wells each year. They will need a pile of cash if they want to be part of the east coast development which could cost $120m-$160m
pavey ark
18/10/2019
14:55
Seems to be plenty of buying interest soaking up our large persistent seller today!
otemple3
18/10/2019
13:48
Wwick you are right I feel. GO ..your pps and ppps (2 and 3) are very important. Acknowledged as such!!
nocents
18/10/2019
13:47
Do we now I& last two drills will be HAW ?
spellbrook
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