Trinity Exploration & Pr... Share Discussion Threads

[spellbrook] 04/10/2017 11:25

Directors purchases,increased rns holding, 3000bopd approaching,investors shows, November update, next broker upgrade.phew plus possible to ...gla

[ny boy] 04/10/2017 11:22

Best just buy as many as you can afford pay for them and sit on them, been in since just over 10p

Quite a few getting mugged by selling each day, as we move higher.

[spellbrook] 04/10/2017 11:15

The 250k at 17p was a buy

So much happening

[bones] 04/10/2017 11:14

17p bid just got smacked back. Not surprising as this area is the major resistance from the last high at that level post-suspension.

Strong demand though and momentum could just take us through to the 20's with a fair wind

[uapatel] 04/10/2017 11:07

Lw425, a ten plus bigger from here would be amazing. But I feel that If TRIN does good on the next year drilling we may get taken out. Our profitability is amazing, granted even if you increase costs a bit due to worker overheads.

Anyone got an update on L2 and behind the scenes buying pressure?

[lw425] 04/10/2017 10:21

Share price will be 200p+ by then with dividends.

[lw425] 04/10/2017 10:20

Good post on LSE.


'I was at the meeting last week. 2018-9 aiming for 7-8000 bopd after firstly redrills in Trientes and then opening up TGAL through Trientes. we are looking at 2.5 times output. Shareprice will have reflected that long before it happens.'

[nafafa] 04/10/2017 10:03

MMs desperate for stock not reporting purchase transactions. My two £10k purchases at 0802 and 0930 don't appear. In the case of CERP plenty of low quality stock available.

[ny boy] 04/10/2017 09:48

Few punters got mug thus morning, onwards & upwards, target a breakout from 18.5p, if so expect a rapid move into the 20's

[phowdo] 04/10/2017 09:46

Fair bit of selling at each increment which is healthy.
CERP looks like a typical AIM spike

[lw425] 04/10/2017 09:39

CERP 500 bopd in short term - market cap 37M

TRIN 3000 bopd in short term - market cap 45M


TRIN has more reserves

TRIN should be about 70p.

[mark10101] 04/10/2017 09:15

CERP motoring on, this surely will catch up.

[lw425] 04/10/2017 08:41

About 20m 2P with another 20m 2C about to be converted into 2p.

In addition there are high impact drilling opportunities as detailed in presentation.

As you can see the management are first class at running the company and TRIN will be producing for decades to come.

[rayrac] 04/10/2017 08:37

What are the reserves of the TRIN fields?

[squiresquire] 04/10/2017 08:19

We clearly have a big buyer, will be very interesting to see how big, but watching the trades this isnt just PI interest, this is definitely II buying in my opinion.

[lw425] 04/10/2017 08:17

30p+ Dec target for me.

[spellbrook] 04/10/2017 08:16

The recent directors purchases have increased nicely..

Good timing

[lw425] 04/10/2017 08:15

Asset integrity is a fundamental part of our business cycle. We are undertaking several key infrastructure projects during H2 2017 to underpin further growth. Combined, these activities provide scope to grow production from current levels to an initial target run-rate of 3,000 bopd in the near future.

[mark10101] 04/10/2017 08:14

I think the RNS from yesterday is still sinking in with Columbus having a strong start today also.

[mark10101] 04/10/2017 08:11

I don’t think 18p will form much of a resistance given the buying interest.

[ny boy] 04/10/2017 08:10

Strong buying interest, will run much higher once we break the 18.5p earlier year high.

[spellbrook] 04/10/2017 08:08

Think we will see some more holding rns before November update imo

[mark10101] 04/10/2017 08:06

A good start to the day.

[squiresquire] 04/10/2017 07:55

Yes its amazing how often you see the price rises before a new broker comment.