RE: Risk vs Reward….FIGHT!18 Dec 2024 12:27
Respectfully T&T will not be worth £60m or $60m. Trinity was recently acquired by Lease Operators for £23m with production of 2,500 bopd. What it would do, is provide cashflow to cover G&A costs. 100bood = approx £100k a month. This then reduces need for continual placings to fund ongoing ops. Hopefully it will grow to provide free cash flow, but let's not pretend it's bigger than it is.