Member Info for crl123

It may strengthen as the US is not suppported but companies are pulling out and oil has 3 months grace before sanctions bite-assumingvIran does not accede to demands ( unlikely) . Sad for the Iranian people ( economy) but more cash in the coffers for Trinity. US driving season starts in 5 weeks too. API set to reduce. Share price reacting to low volume atm.

May see $72 again. Close.

Amazon gold mine. Just needs to be left alone by meddling market muckers to settle down. 20% drop unwarranted. Just starting to find true value. Can’t find one fault worthy of mention. Sit on hands time again.For as long as it takes.

I would certainly support your desire to trim speculative investments....unless you are happy to take the risk on board !!! Speculative is exactly what it says on the tin !!

Hi. yes...each to their own. had my fingers burned too many times by investing where this man should've feared to tread....so am very cautious now. A lot of people very happy to just take your money and run. the old adage of ''shareholder value'' really is meaningless now . It has to be proven.hence my involvement here as Trin takes all stakeholders into account. Shareholders are not just a milking cow and management themselves hold a great deal. That's why I was invested in Glencore. Wish I'd held but I usually do! I feel trin has a very long way to go even if I am Pi**ed off by the retracement which has no fundamental reason. Btw the stock market is often decoupled from the economy. It's certainly been a bull market to a degree re.stocks but not the UK economy as such. Stocks have their own dynamics...macro (e.g.sterling/interest rates) and micro ( the company itself). The US is IMO the biggest direct influencer on many shares.....but trin does not fit into most share categories anyway. Look at tullow...up 6% today on WTI. trin goes down. Trin is in AIM and is hugely manipulated. value should shine through in the end but people really need to know what a gem this is. It sits under the radar too often. malcy sings it.....but it takes the Sunday Mail to really make a difference. Lost 20% in 4 days. Now we gotta wait as long as it takes for reality to take hold again. Sigh.......

You have the best approach. I agree fully.

Nice to hear from you. Safly I lost money on Infa. I sold at just the wrong time. There was no communication from BOD when it had been promised. I boight in at 1p and all they did was dilute my shares with Placings. I lost strust and sold. But my ave was0.8p anyway so I still wouldn’t have been on a profit. Just goes to show that you shoukdn’t fall for the spin-whether you know the spinner well or not..It’s why I only invest in researched and trusted companies if I rver do now. I only hold Trin now. I have not a shred of doubt in the company. I detest the market games but the company is a rare gem. I agree with Confounded that the floor may ( maybe maybe maybe) be 22.5p. I also agree thst it may suddenly rebound or take weeks / months. Never know. Full year audited results plus any other news due in anout a week. Not that it has to make a difference. AIM is so fickle. Good luck to you with your investments. This one remains in my one-list bucket. We have an asset sale and potential SPT news on the horizon . Full debt repayment to govt probably by end Sep. Convertible notes paid next. Then offshore drilling via Trientes as 2C becomes 2P. 7000 barrels in 2 years perhaps. A good time to biy in ..he days rampily. But I believe it and have. Not at the floor but you can never know the floor. Still don’t. Infa has warrants owing at 0.44p. That’s keeping its price down. It’s not a secure play like Trin either. I only know PMG of your investments. I feel med-longer term you can’t go wrong here though. WTI well anove $72 now.

Trin down of course. What else is to be expected eh?

Methinks they would like our shares cheaply. Some are selling ( or stop-losses maybe).

Looking good. Need to breach $72.

Suspended in green beans Confounded. Good 4u.

a few stalwarts left then.................maladoni still here i think. Confounded? don't know.

just realized it's nearly 5 years for me too. Life is a roller coaster ....or a minestrone ......or something . What a 5 years. i trusted in Trin and bought at 1.49p 9lowest). you bought at 3p. thank heavens. let's trust further. The market does its sh**. It got me again.But this company saved both our bacons.Shirley Bassey...'' I...I who have nothing''.. Remember then!

of the motley crew left?

$71.5 . As yet very stable and gathering momentum. 18 days until US driving season. API lower than expected. Lots of pressure on US to produce more but Permian and Eagle Ford the only really reliable producers. Limits on finance for shsle too. OPEC and Russia holding firm. Iran sanctions will bite. US serious about this. Middle East tensions desparately sad but supportive for oil price. Mustn’t forget low inventories and high demand coming soon. Supply looks unable to meet demand if I interpretvthis correctly.

Post ( not pist). . I still think we have lost some old hands here. Prob sold at 26p

Nice supportive post GO. I knew this all along and have been saying the same. I just happen to be possibly more emotionally volatile re. investing.Wasn’t so 4 yrs ago but it’s sadly taken its toll. As I keep saying to all and sundry...this company is doing it ALL right. No skeletons. I am amazed by its efficiency and also huge and unusual integrity ...something which has kept me invested to be honest. Its stakeholder value filters right down to grass roots . People matter. And the environment. I am in the middle of trying to organise a joint mortgage for my eldest ( he doesn’t earn enough.). Last few days scuppered my potential 25% deposit so that pi**ed me off. But I’ll find a way round it. Most of my ranting ( and our mutual frien in LA’s...he used the same 4 lettered words) was to do with 4 yrs of sh**. I am a calculated risk-taker as I live life one day at a time for specific reasons...so am very happy to have all my money in here. But my emotions don’t play along!! Stress bites. A nice sensible pist from you. And the truth. Appreciated. Done 70 miles . Must do more.

left on board? BB very quiet now. Maybe sold and departed profitably.

Been thinking... ''If I told you that the shares in 6 months time would be in the 30's would that make you feel better? I don't think this is unreasonable''. Yep...you're right.It's not at all unreasonable. My ''unreasonable referred to random plummets. I need ''the grace to accept the things I can change...the courage to change the things i can ...and the wisdom to know the difference '' A lifetime's work sometimes. More importantly....have a good day! We only have so many.

From 10th May (latest i can find from Malcy ...but only 6 days ago ).A good brief summary of where we are now. For holders...buyers ...and irrational sellers.. ''Trinity Exploration & Production Finals from Trinity which prove what a game changing year last year was for the company. I normally disregard figures as they are historic and the market should be concentrating on the here and now but for Trinity they are a perfect illustration of how the turnaround has gone and just how good the company looks now. Operating earnings are up 77% to $11m (6.2m) and operating margins are 24.3% (17.6%) which is mighty impressive even for a strong margin player like Trinity.Total 2P reserves are up from 21.25 mmstb to 23.21 mmstb whilst 2C numbers are better, rising 14% to 23.98 mmstb. All this had a positive effect on the company�s cash and debt position, y/e net cash was $0.1m ( (38.6m) ) strongly building the balance sheet despite accelerated payments to both the BIR and the MEEI with only $5.9m of debt balances at the year end. All this was done with a massive increase of operational delivery, 37 RCP�s (0) and 97 workovers (63) were done and included reactivating idle wells and the resumption of swabbing activities. This meant that 2H production was up by 10% against the first half of the year. Having said all that the company has moved fast since the year end and production is up again, at the end of the 1st quarter it was 2,721 b/d with full year guidance of 2,800-3,000 b/d. The company has recommenced onshore drilling with two new infill wells in Q1 which should come onto production in Q2 and the plan is to continue to deliver faster production growth over � a largely fixed operating cost base�. This has the twin advantages of getting higher netbacks with �robust� cash conversion and delivers up a near perfect combination of growing production with higher operating margins. Trinity is being run enormously efficiently and with all these operational successes driving the profit, cash flow and margins, the scope for finishing the debt programme way ahead of schedule is extremely likely. At which stage management will have more funds to invest in what is one of the most efficient operating models in the industry, quite a thought given how well the company has done whilst times were hard�''