Member Info for shadow525

With WTI looking like establishing itself around the $39-$40 level and with breakeven at around $20 level, Trinity will be highly cash generative and profitable going forward. Whilst this share has not been successful to LTH in the past, I believe the future offers real potential. Have only been invested here for a few months and purchased original stake at 5.7p I will certainly be adding more. As stated in my last post here believe the payment of a dividend probably next year will strengthen the investment case especially for institutional investors.
GLA

Competent Persons' Report (CPR) and reservoir stimulation studies
As part of the Reserves Reporting preparations, the Company commissioned Leap Energy to prepare a CPR for the northern part of Block XX where the Company's discoveries are located. The CPR concluded that the Heron structure has mean, unrisked in-place oil resource potential of 194 million barrels. This is 20% higher than the Company's initial internal assessment and offers the potential for substantial commercial value given the low-cost, onshore operating environment and the favourable Mongolian fiscal regime.

Fenix Consulting Delft, a specialist in reservoir stimulation, has modelled the Heron 1 well test data to assess the production and recovery potential of the Tsagaantsav oil sands found in the well. They concluded that modern stimulation techniques and reservoir pressure support through produced water re-injection can improve oil recovery significantly from the levels achieved to date in neighbouring blocks. Further enhancement by slanted or horizontal drilling to increase reservoir contact and radial drilling to enhance wellbore drainage are additional technologies under consideration to increase well productivity. These techniques have not been widely used in Mongolia to date.

Yes the ducks starting to line up IMO, timescale getting shorter and shorter and option recently exercised shows more positive evidence. Petrovis have significant shareholding here and no doubt behind the scenes are assisting with the financial planning on future requirements to move MATD into an oil producer once licence granted.
Will be adding more shares over the next few weeks as believe potential here great.

Well PATH directors believe DTU and Nitrogen assets worth the 15 million, lets hope we get a return when they re-list.

Yes board and management shareholding quoted at 22%, my main point was I believe Trinity likely to generate substantial cash this year that along with further growth requirements they could probably afford to start paying a dividend which I believe would strengthen the investment potential here even further. Either way have started to build up an investment stake here for the long term.
GLA

Few months a short space of time IMO as Covid has proved, and by then PM could be drilling the first well on Heron, and whilst short term investors will probably sell an re-buy over the next few weeks personally just see the time frame as a BUYING period at a price that will no doubt have been extremely low once oil starts flowing to the surface. With todays RNS believe any risk factor here has been greatly reduced,

With Directors here holding around 15% of shareholding and given the fact the company is likely to be highly cash generative this year can probably see a dividend being paid here for the next financial year, Just an opinion but if I were a director would like to see a return on my investment as the company starts to make money.

Good news in the sense only time now for the issue on licence, clock stopped otherwise. Hopefully the licence will be granted over the next several weeks and first drill on Heron proceed this year.
Will be adding more.

5. Sorry five was potential

Five reasons for investing here:
1. Like Gummies
2. Foresight
3. Greed
4. Midas Touch
5. Name very Poetic
5.

No Homer only read them.
Starting with Keynes And After over 45 years ago.

Excellent BUY price this morning at 7.9p but expect a bumpy ride over the next few months, but long term market potential exciting.
GLA

Added a few more this morning bringing my average up to about 6p, but as stated before think even 8p will look to have been insanely cheap in a years time as they accumulate more cash this year.
GLA

Think below 8p this is back in the BUY zone long term but as stated when I sold as SP broke 10p last week, I think we are in for a bumpy ride over the next few months. We really need good news on the financial front and further progress on HNR legacy issues before we see a sustained SP rise above 13p IMO, but a trading range of between 7p - 13p should allow an investment return over the short term, as I believe the risk of falling below 7p is minimal so worth an investment at this level.

Good article S mirrors my knowledge and thoughts on Trinity exactly, believe they will generate significant cash this year and current SP will look to have been cheap in a years time. Will be adding more as time goes on as can see myself becoming a LTH here.
GLA

This looks to be playing out and should be back on the BUY radar in the morning especially if SP falls a little further, but looks a good buy again even in low 8's. Would expect another run up over the next few months as believe as indicated a few weeks ago think the longer term trend has turned up and new management here look to be achieving much more. Will be opening another position but with limited funds.

Looks like WTI going to establish itself back above $40 a barrel bodes well for Trinity and cash flow

Never shorted ZOE only played it long 3 times over its short history 4p to 9p, 7p to 13p, and this time 5p to 10p proved and excellent trading share to trade, looking forward to my next time as believe longer term trend is probably up but not a LTH here.
GLA

Whilst watching again as sold once broke 10p, think the new management here have achieved a lot in a very short space of time and longer term future for CBD market looks promising. However as stated before the HNR legacy issues need sorting and probably RP finally disposing of his remaining shares (hopefully using cash to buy remaining HNR assets). Good luck over the next few months just decided to use cash elsewhere, but still consider this a longer term buy but can see a bumpy ride short term.

Personally have thought all along Petro Matd and Petro China are likely to strike some sought of partnership deal to the MUTAL BENEFIT of both companies, oil asset and Mongolian government support coupled with wealth of experience and hard cash a winning formula.