Member Info for Confounded

A little longer CRL, it does seem the company is trying much harder to cominucate to investors. Looking forward to the coming months.

7 he does not just say that, he says we are in fantastic shape, but agree fairly limited coverage in that one. I have a feeling the next few weeks we start closing that cvaluation gap. I am hoping that there is something significant brewing that the open the gap right back up again!

A great week, have a good weekend all.

Looks to be firming up at the end of the day. Solid day all round.

We just had our pullback and retest of 20p. Look at the chart, the traders will love it.

20p should pass quite quickly now.

Looking very strong atm, was there more to that RNS than a celebratory one, seems to be highlighting the opportunities to the market and it seems to like it.

Workover, with the T&T environment and TRINS robust position we should have a lot more interesting things to talk about than daily trades.

What are your thoughts re Petrotrin?

Maybe Workover did observed things he was not happy with and decided not to invest. We know it can be frustrating during the lull phases but TRIN always makes up for lost ground. Great start to the day.

Yes a very significant tip, in the same league as the DM earlier in the year and we all know where that took us post printing.

If Workover is still here hopefully you can now see how TRIN has been worked over the last few weeks. Now the TIP is out they will let it run.

I do not believe much of the production is reliant on it. If I remember correctly they used a very new type of pump for the offshore production recently.

CRL totally how I am reading recent communications and current state of play atm.

WTI approaching $70 again, TRIN with plans in place to take out 3000bopd, T&T going through substantial change that a now rock solid TRIN has a chance of participating in and we are still in the 16p range.......

Thanks F3, I would like to say I am surprised TRIN have not issued a similar statement.....

Petrotrin’s refinary is to close according to this. Looking for other confirmation. The country is going to focus on improving domestic production. Hopefully reforms to encourage greater production will follow and be a lift to TRIN.

https://www.stabroeknews.com/2018/news/guyana/08/28/trinidad-to-close-oil-refinery-report/

I suspect later this afternoon there will be more to discuss.....

ADVFN is buzzing already and the share price has opened strongly. Let’s hope this is a significant and possitive turning point in T&T and TRINS story.

Workover, sorry it was missed on me. Just in defence mode! Interesting times, let’s hope it goes smoothly and in TRINS favour. I personaly can only rationalise the fund raise in the context of a bigger picture move.

Workover, intriguing you are expecting MM to drop us, a strange thing to say for so one already invested and already pointing out this as one of his key risks with the business. This process is about improving Petrtrotrin and consequently reducing that risk.... It has been discussed for years so no shock to the market. Either way anyone falling for any MM games don’t deserve the upside I believe is coming.

What if this is the opertunity that Bruce has been eluding to in the recent RNS’s. What if the surprising and deep fund raise was in preparation for this event? I am excited about the coming week, I have been waiting for nearly 2 years for both Petrotrin and SPT reform, it seems we are nearing both.

It will be an interesting week.

http://www.guardian.co.tt/news/2018-08-26/black-hole—khan

Looks like Petrotrin restructuring is coming to a head. Lots of articles on Petrotrin over the last few days.

Http://www.looptt.com/content/petrotrin-meet-owtu-amidst-rumors-planned-job-cuts

Thanks CRL.

Guys let’s just focus on TRIN going forward, we have some knowledgable posters, let’s try and make the most of the forum.