Member Info for crl123

''The Company's net debt position was significantly reduced to $0.1million (2016: $38.0 million). The net debt position includes the amounts owing to the BIR and MEEI, the face value (including accrued interest) of the Company's convertible loan note ("CLN") of US$7.0 million and other current assets and current liabilities.'' Huh?? Implies the govt . debt and CLN's all but paid off ??

Clear debt.Already said many times. Onshore drilling increased at cheap cost..high margin. BOPD slowly and steadily increased. but not at the expense of debt payback. Jeremy Brindalsingh has probably got the pennies finely counted here.Includes unsold onshore asset oil until sold. All cash then goes towards what is left of BIR/MEEI and even CLN's early if possible.Divvy/Buybacks are just waste of useful cash. Trin need to make clear how much they have already paid back. Cash in bank can only be valued when related to what is left of debt ...assuming accelerated payback as intended. All theory at the moment. need to see financials to get full story. And Trin need to make their intentions crystal clear re. current and projected position re. govt payback and then CLN's IMO.prob said it all before ...so sorry if so.

Phew. Implications astounding but IMO unlikely. Trin is a bread and butter matter-of-fact company which is finely-tuned and cut to the core. It is how a business should be but sadly doesn't play the market games..hence 15p. Also as you say...someonexwants it here. I've been trading donkey's years and made a financial ass of myself regularly. Unfortunately. But....just look at the two AT's today. Timed to perfection. As always. The bot is set and there is human intervention too of course. Trin is being actively held as low as possible. I know that others may not agree but I have nil doubt whatsoever.Question is...why??

Kerching...

I ...like you...don't expect share price leaps any more. We are both jaded on that one I feel. Rises come at random times . Consistent PR tends to keep the dynamics .Look at Sep-Nov last year.

Most of them are buys. They show as ed because the market Muppets have an unreal buy price. It makes the buys show as sells.6 buys...one of �10K. two very small sells.All the trades above 15.2p are buys.

On a blinder right now.

I feel it is sensible not to expect share leaps. We have been disappointed so so many times before.MM's love to control and suppress this share. Not trying to be doom and gloom. Just reflecting the reality of the last 14 months and multiple RNS releases. Trin really need to up the PR machine tbh. Walbrook or Walmart or Walgreens. Same effect. Darn the cynic in me.

expect nothing from the market whenever an update arrives. Best that way. Been here many times. Market factors in what it can and loves to disappoint shareholders ! Didn't think this'd see 15p again. So......whatever..whenever.

.....tomorrow.

Tuesday 6th !

I share all of which you speak...but have become a no -Moon-Landing conspiracist regarding manipulation. Maybe says something about the mistrust alive in me !! Yes...just took Riley the Border Collie out in the snow and biting wind. He shivered but loved it.. Yes...bike needs to stay put !! I did 10 months dispatch riding for Addison Lee 1981-2. 5 months on snow Nov-April. Never again :-/

hard

I only upset people who initiate ! Apart from one error a few months ago! Civility is the bottom line. Disagreement is normal and acceptable.Can't stand bullying or rudeness. The world runs on it and it's why the world is like it is( he says grandiosely !!) Man@ca...I agree. It's a hatd one. Every morning I get licked to near death by my magical Border Collie ...I don't tell my Missus I love her although I do ( been together 38 years OMG) .....and I check in here and warble bollo**s regularly. But there is some truth in what you say. I've just been in Petrofac and sold at breakeven at 8:00 and 7 secs. this morning. 10 seconds later MM's had driven it down 5% . No good reason. Good F/Y results. I sussed their game and pre-empted..just beating them to it. LJ's article on MM's is fascinating. Yes it is corrupt...but only because it is allowed to be. The other shares I sold too early were all FTSE 100 or 250 ( Ferrexpo). MM's and shorters just as active though... look at Glencore today. Algorythmic computer operated systems with manual intervention. Controls prices. Occasionally used on Trin. It's why the price automatically drops with many sells/ rises with buys. Computer set. Instantaneouus. AIM is particularly short sighted and easily manipulated though..you are right. But if you look at Petrofac in the last month ..it is Ftse but a pawn in tgeir algorythmic hands. The games MM's play to profit from you are very very stealthy. I am glad you are still here. I feel like you. Pi**ed off with lack of progress of s/p and market communication /PR from Trin. I am very very grateful to them still for tge hard work and sweat that kept us afloat. We should not forget that and I for one am hugely gratefuland have told them. But their PR is very poor indeed.Markets are not what they were. The old way of fundamentals falls flat in a callous and short-sighted market which needs fresh blood ( investors) ! Hence....sell yourself by telling the truth in Trin's case. Yes I'm just fed up with Trin being a MM pawn...like you. Btw AIM shares can go crazy high too. The ones I wish I'd held took over a year to climb though!! Ave. 2 years. Patience and understanding which I didn't have. Keep the faith. Btw GO.....ur a tease.

LJ. I stand with your coy rebuttal hypothesis .As the courtier mused over Lady Macbeth's guilty rantings over King Duncan's death " " "Methinks the lady doth protest too much". I personally buy into the information code ...I see too much of it in Mm or shorted shares likePetrofac/Glencore/Tullow/Capita/Carillion. It's not a share-splitting. Each transaction costs. I'd like to know but probably never will. Trin is sitting on the friendless bench right now though. Sunk back down darnit. I do hate this market for its vacuousness. I share Man@ca's cynicism right now I am afraid. I've done a Maggie U-turn..

Juste musing

Very like man@ca now....that this market just doesn't want to let Trin out of its sticky clutches. Very depressing. But you ain't having my shares you miserable lot!

Bit of an aggressive intervention by you. Please respect what others have to say. It may be a code-it may not. They may be right. They may be wrong. And so may you be wrong.

Almost negates SPT at ave. 22%

Just goes to show what an unreal market we are really in.I'd read about and have experienced many of the games myself.find it all a bit depressing though as fundamentals seem to play such little part in the AIM market.Hence where we are at 15p . Hence need for Trin to be more proactive regarding PR and market communications regarding profits/debt repayment /CLN's and solid prospects. Malcy is not enough.Trin have to sell the reality which is them and consistently let the market know what's what !