Trinity Exploration & Pr... Share Discussion Threads

[mark10101] 06/9/2018 09:55

I think I got it.... just with you miserable sods around trying drum up a bit of joy and excitement in the world.:-)

[wwick] 06/9/2018 09:35

I av zat felling Tu 😉

[makingmillions] 06/9/2018 09:06

I have a felling nobody got that wwick.lol.

[spellbrook] 06/9/2018 08:18

Wwick

TRIN is now in that HUGE growth area, with money,NO DEBT, sound team and unbelievable BREAKEVEN costs...

This baby is waking

[mark10101] 06/9/2018 08:10

Hi wwick, long time no see. I am Fawlty Towers man, I can relate to it better.....

[wwick] 06/9/2018 08:07

Spell, I clinically detach the prospects before us from BOD behaviours. Proof is, my holding increased. BUT holders inequity remains unaddressed.

[spellbrook] 06/9/2018 07:56

Wwick have you forgiven the bod

No Debt , $20,000,000 in the bank

Allo Allo

[wwick] 06/9/2018 07:45

Mark have you been watching Allo Allo 😀

[mark10101] 06/9/2018 07:29

We know TRIN are sitting on a proven asset that could take TRIN to 11kbopd in the currently projected medium term. We know that T&T nationally produce around 40kbopd and that they want to rapidly increase production. With the fundraise and subsequent comments from Bruce in RNS’s, I to have a felling we are entering the phase many of us long term holders have been waiting for.

[spellbrook] 06/9/2018 06:11

I’m wondering if they have some very interesting news to come regarding East Coast



Resumption of East coast drilling ,

Barrel number 30 million has recently been produced from its Trintes Field offshore the East Coast



Outlook
The completion of the US$20.0m fundraising has ensured that the Company is now well positioned to take full advantage of the near, medium and long‐term opportunities that are available to grow and develop its onshore and offshore activities. The near‐term growth will be underpinned by the accelerated drilling programme onshore while the Company works towards a further material step‐change in production in the medium‐term with the resumption of East Coast drilling.

[spellbrook] 05/9/2018 18:16

Prime Minister Dr the Honourable Keith Rowley began his feature address at today's event by saying he is hopeful that Shell's return to Trinidad and Tobago is permanent

[spellbrook] 05/9/2018 18:15

Prime Minister Dr the Hon Keith Rowley will speak directly to scores of industry leaders in the energy sector when he delivers the feature address at a luncheon hosted by the Chairman of Royal Dutch Shell, Charles Holliday today.

[spellbrook] 05/9/2018 18:14

Lots happening in Trinidad and lots more to follow imo


PM Dr Keith Rowley says during the @Shell luncheon at @HyattTrinidad that regarding the Gov't's discussions with @Shell " we could move closer" to an agreement on the Loran/Manatee natural gas field that is separated by the #TrinidadAndTobago/Venezuela maritime border

[mark10101] 05/9/2018 16:13

Firming up into the close, solid day all round.

[diseasex] 05/9/2018 15:21

Interesting is the language and tone in todays info. It's aimed on PI without technical knowledge, massively different to the previous RNS which were overly techbnical and only handful could understand what's going on . I think that demonstrates that the board is now ready to boost the share price in upcoming RNS's and will do more PR stunts like todays in the future.

My rating is hold tight.

[diseasex] 05/9/2018 13:30

THats the bullish case. The bearish case is we are experiencing a run up pre results. Which often leads to disappointment ;)

[diseasex] 05/9/2018 13:19

Each of their million is producing circa 25% ROI a year. then that 25% produces another 25% ... compound..
now factor in oil price levels and you have a cashflow picture. So yeah I'm planning to stay for about 2 years

[diseasex] 05/9/2018 13:15

depends how lucky we are this time. it might as well be 100p next month, or stay 20p... seen my fair share of aim action. Until then it's pure speculation

[diseasex] 05/9/2018 13:12

I think the traders are playing the 33p recommendation now. Until something changes we will be probably hovering below that. But if we can maintain compounding growth then well sky is the limit , who knows?

[mark10101] 05/9/2018 13:07

Astrocourt, flip it another way, with current oil price and company position why delay it until 2020. Interesting times

[spellbrook] 05/9/2018 13:06

The work on the Development Plan is well underway and the Company will update the market as and when appropriate.

Bruce A. I. Dingwall CBE, Executive Chairman of Trinity,

[spellbrook] 05/9/2018 12:57

Galeota farmout could still happen, sooner than we first thought

[astorcourt] 05/9/2018 12:57

The current focus is 12 onshore drills, but this rns alludes to offshore potential.
Why rns this at all unless there is activity planned sooner than 2020?

[deeppockets] 05/9/2018 12:56

What would ridiculous be? 50p?