Member Info for shadow525

Can see Brent making a surge back towards $40 a barrel soon.

See WTI has hit $34 a barrel.

Yes noticed the 4 x 100,000 buys looks like someone taking a bigger toe dip than me, but hopefully if they conclude more HNR asset sales and economies start to recover from Covid 19 this should eventually see some SP growth again

Good to see a start to exit from HNR legacy issues, but like a few others cant quite see the logic of the nitrogen asset sale as thought this was an integral part of the CBD process having cheap nitrogen source. However have taken a very small toe dip into the water here again and purchased 15,000 shares, but want to see much more progress here first before committing any real capital investment.

Nice 50,000 BUY at the end, oh it was mine.
Keep the faith.

Yes must be in a good mood making a few bob on Trinity, but seriously think ZOE will hopefully conclude an HNR asset deal over the next few months and the world emerge from Covid 19 pandemic. We should then see the downward trend of the SP generally over the last 6 months end and present an investment opportunity again going forward.
Still one to watch IMO.
But GLA

Yes I suspect Eric along with other founding members have taken gains out since HNR days, RP still having a substantial holding which looks like he is gradually selling. As I have stated before we need all the HNR legacy issues out of the way and a complete exit from that sector, before IMO ZOE will show a sustained positive growth but I suspect the day is getting closer.

See Brent Crude as I write recovering to almost $36 a barrel, believe recovery as we emerge from pandemic will gain pace, just need licence now and get into recovering the oil.
GLA

Whilst I believe everyone should have an opinion get a bit tired of some of the responses, especially as have been advocating ZOE as a SELL since last November when sold my holding at 13p. My issue is not the SP already have had plenty of opportunities to BUY back in and as low as 3.05p just don't believe it is time until HNR legacy issues are sorted and ZOE starts to deliver sustained results. SP price does not really matter in actual terms it is the sustained upward trend which is the key and have only seen the trend down overall last 6 months but it will turn

Whilst markets still likely to be volatile as we emerge from the Covid 19 pandemic, personally believe the trend for oil prices, and oil companies is likely to be up over the second half of this year. Have backed my opinion up with purchasing more Trinity shares yesterday, as can easily see this recovering to pre Covid 19 lockdown price, with the company likely to be even more cash positive as oil prices generally recover.

Whilst it is good to see WTI Crude trading back above 30 Dollars a barrel, the oil and gas division must still be a drain on cash here with no revenues according to the last trading update. It will be good to here from the company once they have finally managed to exit from the legacy of HNR days. Currently still watching from the side lines but hopefully HNR issues and RP stake will be resolved shortly, and this may prove once again an investment opportunity but think they are likely first to raise further finance this year.

Typing correction on opinion

See WTI crude trading back above 30 dollars.

See quite a substantial buy at the end at 7.5, confidence returning hopefully as we slowly emerge from the Covid - 19 situation.
GLA

Should have added to last post that I also think it is no coincidence directors have added to their holdings recently at this low SP.

Except for Impairment charge, results very good and encouraging and whilst there is always a downside risk, I believe the upside potential here not only for Trinty, but oil prices and global economies generally as the world emerges from Covid-19 are positive. Even if impact on share prices as economies start to recover are volatile for a while, think the longer term trend will be up for oil companies. Will be adding more here as believe future is bright for Trinity and current SP low for potential here.

Hi Chesh think you are totally missing my original point in that with RP looking like he is selling his holding this will have an impact on the SP and in my opinion negatively, and ZOE is still burdened with HNR legacy issues which again I believe is currently holding SP down. Whilst I have stated on many occasions that I believe ZOE has longer term good prospects, I think the shorter term trend is still probably down. Investors of course should make their own mind up on time to BUY or SELL, just personally thing HNR issues and RP are still an issue that are impacting SP growth.

Yes I have an agenda its to make money out of my investments just believe until HNR legacy issues and RP are out of the way this is not the time to BUY yet and IMO opinion share price is likely to fall below 4p again, and of course at some stage in the future it maybe time to BUY again, and yes if SP drops 25% from here my opinion may change. If selling at 13p last year and waiting a while to rush back in until a lot of issues are sorted is being a twat then so be it

With RP having over 8 million of these shares still to dump can see the SP falling back below 4p.

Well under valued in my opinion although exploitation licence needed to see significant upward momentum beyond 4p but can see it testing 3p level soon.