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It does seem we hit these tight spreads at turning points, possibly the last of whatever deal being done before we move on, hopefully a stronger afternoon if previous trends prevail.

Try this https://shar.es/1PxBXJ

Posted by WWick on ADVFN https://*********************//media/trinity-exploration-and-production-update-from-121-oil-and-gas-london-01-11-2017?referral=f74ee322-6f79-4072-a734-eb9a4e9a5fad

CRL we are $55 + already...... maybe not for long though :-)

Ah yes, we will be getting somewhere close to $50, TRIN will respond. Suspect we have a few II eying us up atm, with solid 50m MCAP and the growth potential I suspect It ticks quite a few boxes for the more conservative investor.

We are good for a bit yet as I think it is on the price paid by Petrotrin not the live WTI price. Bit of a sweet spot for TRIN atm.

$54, very happy to be in TRIN over the weekend, I think the next month will be very positive for those who have remained patient

A close dead on the March high having closed the gap, could lead to a very good end to the week.

That�s good news, it is funny how the market likes to sort these things out before moving on. Makes little sense to me but I would say from my experiences gaps get closed 90% of the time. Price bouncing nicely back also, wonder if we get a strong close now.

Chart looking fantastic with that UT 19.5p finish.

Thanks CRL, not many companies can say this. �What do you see as the key risks and challenges your company facing at the moment and how are you overcoming these? The oil price remains the main factor as far as profitability but Company has established itself as a low cost operator and as such will still be economic at prices below $30/bbl.�

Yes looks to be waking up, poised perfectly for the next move up.

We may get that test you mentioned, like most of these technicals, once satisfied a strong reversal should come and that may be what we need to get into the 20�s.

Hi CRL, I have just had the company confirm exactly that.

I don�t think anyone on TRIN board would mind, I suspect most are keeping an eye on TXP

Thanks John.

I was listening to another T&T producer and they stated they get paid by Petrotrin Brent -12% I always assumed we were WTI?

Thanks Jmmy, because it is an average over 1/4 and the prices areall over the place it was hard tell from TRINs numbers but they always seemed better averages than I was expecting. Brent minus 12% is not far off a straight WTI price atm.

I am not invested here yet, if TRIN delivers for me as I hope then TXP is clearly an opportunity to ride the much overlooked T&T recovery, yes I do see the valuation gap is even greater here but knowing my luck TRIN would get a bid the second I switch the pir graph seems to be sending a message atm. Should the new tax reforms come in I think small to medium Oil producers stand the most to gain from the reform. Did anyone else hear Paul saying �hearing for sure� regarding tax reforms then quickly moving on. However the main reason for my post, having listened to the very open and reassuring presentation today I also picked up Paul saying that they get paid by Petrotrin Brent -12%. Having been in TRIN since 2014 I had always assumed it was WTI -a similar amount. Is there any links somone can post that shows Petrotrins operate off Brent. Good news if that is the case.

What is the breakeven price including G&A, just trying to compare to TRINS onshore assets around $18. Also am I correct that TXP only onshore assets? And finally in the name for the UK listing it has EX DI, what does that mean.