Member Info for shadow525

Whilst further bids for control of TT maybe several months away I suspect one will come in before the end of this year and with the CICOR price of 150p being rejected I would anticipate it would have to be 10% to 20% higher to likely be successful. Gradually increasing my holding here as current SP very attractive.

Made a fair chunk of money out of Faroe Petmroleum and LBE and always welcome these Non Exec appointments and sharing of knowledge and ideas between small oil explorers hopefully it is a two way gain but bigger news still awaited,

With ongoing discussions no doubt haven taken place over the last several weeks before the signing of the MOU, I suspect this is why MB indicated he expected the withheld tax payment probably in January 2026. I wouldn't be surprised if this isn't being processed by PC now and expect an RNS shortly.

Whilst the signing of a MOU with PC is only one a start and no guarantee of further action nobody IMO builds a refinery and a pipeline to the basin without looking for development in the area and PC are well placed if allowed by the Mongolian government to assist but likely the proposal already received is from another source (possibly India) but like Petrovis all now playing a longer game .

PC moved to put their offer on a firmer basis with signing an MOU whilst I suspect MATD considers the offer received from another party who have already done due diligence

Very positive week on SP can see this above 30p next week IMO added a few more

Can’t really see this one has much downside risk think 30p plus will be established shortly will be adding further to my holding next week currently around 24p average

Whilst we all like to see a blue day I am sure if invested, as a LTH individual day movements are not so important as the outlook for the future and growth. With Wressle now cash generating and West Newton and other projects to look forward to this year I am sure 2021 is going to be a very positive year for UJO with IMO the SP likely to be multiple times higher in a years time and although well in profit now will be adding more. GLA

A strong move up since late November and a low of 0.1125, but think the recovery has only just started with the news over the next six months likely to be highly positive on several fronts. I believe UJO is well placed for 2021 especially with oil prices recovering and the emergence from the Covid pandemic, and hopefully their strong cash position will allow them to take advantage of opportunities as they arise. GLA

Would like to see above 10p before year end (and still time(, but think 2021 will be the really growth year for Trinity with further investments, strong WTI price recovery and SPT change. Hopefully improvements in technology and cost base during the final quarter of 2020 outlined in last RNS will strengthen the profitability further, and the cash generation will allow Trinity to take advantage of opportunities as they arise in 2021. A LTH anyway and still accumulating but SP well undervalued at the moment IMO.

Whilst first invested in Trinity last May at just below 6p and could see iSP getting back above 12p (pre Covid level)), would agree with cash generation here a small dividend help stimulate investor interest further, however cam see the SP pushing northward next year anyway with further growth.

Appears lots of selling today but added another 5000 near the close,
Steadily accumulating as I believe 2021 will be an exciting year for Trinity.

Yes I suspect with its strong cash position, WTI price recovery, and a favourable tax scenario going into 2021 its going to be a good year for Trinity to exploit opportunities and grow further and suspect an SP below 10p will have looked to have been good value for investment in a years time. Still accumulating here GLA.

Believe Petrovis are well oiled in Mongolian Government Procedures and how things are done, so hopefully they are assisting Matd behind the scenes, and as Mike Buck said on the licence this is a matter of when and not if, but I must say it appears to be taking an extremely long time but the potential here I believe is huge.

Adding a few more here as consider SP well undervalued as expect significant growth here over next 12 months as they start to invest some of the cash accumulated, crazy that nearly 6p of the share price covered by cash alone at the moment, but gives Trinity an excellent platform for further investment in the business.
GLA

As indicated in the last RNS on the 15th the board expect the cash balance at year end to be nearer 30 June level, and with Trinity generating significant funds last quarter, it looks from their statement that they will be investing $4 to $5 million in growth projects over the next couple of months so guess a lot of news to come shortly.

Just put a couple grand into these decent a good buy IMO around 0.16 price of recent share issue to raise £7 million, hopefully will strike more oil but well funded for current and future drills.

Held this share on and off over the last 30 years and actually purchased some as low as 20p during banking crisis although sold them later at 74p, but decided last week having been out of them for a few years to buy back in at 174p last week following the successful fund raise as the future in my opinion looks bright again on several fronts.
GLA

Can see the next concerted rise IMO taking the SP back above pre - Covid lockdown levels seen in January 2020 with the company in a far stronger position now with the cash generation seen this year and outlook for 2021.

Believe the granting of the exploitation licence can be measured in weeks now rather than months and time to invest now, will be adding a few more shares today and 2021 should be very exciting.
GLA