Trinity Exploration & Pr... Share Discussion Threads

[russiaguru] 20/9/2019 17:24

No cents - thanks for the info

[nocents] 20/9/2019 17:17

Russia. They had only just spudded the well 2 days previously. You have to clear the well of excess water and debtis and initial flow rates are not the same as ongping flow rates. With the new software in place they will be able to macimise flow rate and release reality 6-8 weeks after first spud ( any time from mid October) it was me that adked your question at their briefing.
A company like BLOE released initial flow of their new well which sent share price doubling plus. Then the flow rate proved wrong and the share price slumped from 15p to 6.5p.
My point is that Trin are a supremely experienced and efficient company. They don’t release information which can prove wrong.
Results of HAW so far are good. What we were told.We must not be impatient. Some of us have been through the mill ...dark tunnels. We can wait for reality.
With the HAW and Q3 results ( new wells) will come more press coverage and we will be noticed again. Trin is a press favourite!
Setbacks like today are how AIM treats Trin. It also goes the other way!!

[princebuster2] 20/9/2019 17:08

I dont resent the drop. What i cant get my head around is each news release its the same rubbish...we gonna break 13p and 15p will follow...thisll be 20p next week..the rerate is on..weve seen the back of 11p..then the norm happens the 2p rise falls away back to 11p and the posters fall away too..untill the next news and rinse and repeat. Its bonkers.

[russiaguru] 20/9/2019 16:55

What's the expectation regarding the first HAW.

They have released some informatiom so far but why delay the flow rates surely if it was so good they would have released it during the results.

[russiaguru] 20/9/2019 16:55

What's the expectation regarding the first HAW.

They have released some informatiom so far but why delay the flow rates surely if it was so good they would have released it during the results.

[nocents] 20/9/2019 16:53

20p? PB ..don’t blame you for resenting the drop. Me too.
But it IS worth 20p. More than that..
It just isn’t 20p at the moment.

[princebuster2] 20/9/2019 16:29

The company is priced at its worth. Its not 20p cos its not worth 20p.

[spellbrook] 20/9/2019 16:25

Pb2 can no longer blame Trin, they have certainly turned this around and I do believe the next results will be increased bopd and then later HAW results


Although it’s slow Trin are thorough

[princebuster2] 20/9/2019 16:10

Thisll be 15p by Thursday...thisll be 20p by next week...nope..same old Trin

[marvelman] 20/9/2019 15:41

Mr 100k still at it

[nocents] 20/9/2019 11:16

HAW results not long off IMO. 3 weeks until Q3 update. A good time to release upbeat production figures. SPT is becoming an accepted irrelevance to be lived with. Cash generation will grow regardless. Oil likely to stay $57-$60 which is not bad price.

[spellbrook] 20/9/2019 07:34

HAW + WEATHERFORD is going to see costs come down and production increase further

[mark10101] 19/9/2019 22:36

Nice spot Spellbrook, FR1807 is the HAW well! Seems pretty high up the dipstick, maybe we will need more storage for it...

[spellbrook] 19/9/2019 19:43

More tweets and photos


@Trinity_PLC #TRIN Great to see our production supervisor with a smile on his face while dipping the well side tank for FR1807

[nocents] 19/9/2019 14:25

Ok
Maybe not

[mark10101] 19/9/2019 13:34

MM marking buys as sells again, good sign.

[nocents] 19/9/2019 13:31

Crude clumbing. Trump/Saudi false PR is opaque. Tricky times for supply. Reality being factored in IMO.

[spellbrook] 19/9/2019 11:29

Nick Rome
@NickRome
·
58m


Great to see continued progress at
@Trinity_PLC
#TRIN as the Company continues onshore drilling activities

[spellbrook] 19/9/2019 11:28

Trinity E&P
@Trinity_PLC
·
53m
@Trinity_PLC
#TRIN Pictures just added show


ops and HSE at FR1807 as well as FR1807 with 300bbl tank receiving oil and the company's next drill well FR828FU1

[spellbrook] 19/9/2019 11:27

pr machine still going


Trinity E&P
@Trinity_PLC
·
58m
Lots happening on the ground at
@Trinity_PLC
#TRIN

[spellbrook] 18/9/2019 10:05

Trinity E&P
@Trinity_PLC
·
4m
WATCH:
@Trinity_PLC
#TRIN present at last week's Oil Capital Conference. It was another full house as the Company highlighted strong trading and prospects with falling break even, growing production, ongoing drilling, a strong balance sheet and cash

[nafafa] 17/9/2019 23:47

Spellbrook, thank you for your excellent Truman state of the nation summary post from earlier today. I agree entirely with your closing observations about dividend payment. At the presentation evening, last week, I pressed Bruce on this and apparently it does not feature on the agenda at Board meeting. so let’s just hope that a divi payment is not now very far away!

[budevenwiser] 17/9/2019 21:29

Well I have been waiting for this for a while.
This is the first time in 12 months we have closed above the 200dma.
We failed 3 times on the last rise in late July to close above it after rising above it on a daily, so hopefully onwards and upwards to a re-rating.

tim

[nocents] 17/9/2019 18:16

Waiting until HAW results? Ok if they do. But the market will have it factored in faster than they can buy. I tried to buy yesterday first thing. Impossible for 20 minutes and then price gone up 9%.
HAW almost guaranteed 35% bopd increment at very lowest. Multiple at highest.
Majority of people always buy in too late.
The time to buy into solid growth stocks is when they are undervalued and cheap. Unrisked NAV at 40p I believe. Risked NAV at 34p.
And we are at 12.5p.
People with sense buy solid stocks whilst deeply undervalued. Said same thing 3 weeks ago at 10.8p.
Doesn’t matter if WTI dips because Saudi spin a yarn. Of people had bought 3 weeks ago before Trin had the update which proved their growth then they would be up about 16% today. Good return in 3 weeks..
I said buy then.
Even more compelling case to buy now whilst 2.5p beliw Placing price with Q3 update/Haw results/conferences/ oil supply issues etc etc.
But wait for the herds post facto after the news has dropped.
Defeats me.