Member Info for smasher

Extremely hard to judge the share price especially on Aim . If these next 2 Wells far exceed expectations on flow rates then does that not also mean an up grade on reserve as one well was beyond the fault line I believe.

Of course could also be in line or below expectations but if good plus the next 2 at B pad flowing you got to believe this wound be around 80p to a £1.00 and knowing they are going poss back to c pad or Coho. . Trin deal and Rio thrown in then god knows.

Maybe just Maybe casca is a 1Tcf plus gem.

All still to play for I believe .

Could also be the making of Txp just as easily especially if cassadura extends in to Rio.

As you have said let's wait and see the results on the 2 new Wells next month .

Trinity management oops .

Looks like they are heading that way.

The regulator can't do .... all about as its clearly stated in the offer. They could be waiting to see if Lol drops out.

I think you could be surprised by how many would vote for the Txp deal as it could huge upside, plus I just don't see many if any backing the Lol deal here.

Yes but would it be beneficial to both if a Jv could be achieved cutting the costs both on and offshore and buying Trinity.

Yep and Txp can make you wait till 31st January 2025 plus then maybe till march/ April to be completed and in the mean time we could have 3 Wells feeding the new facility which means Txp share could be higher than your 68p by that time.

And that doesn't stop Txp and Lol talking the possibility of Jv does it especially if Txp buy it cheap and they come in. Both would benefit from costs . This is business. Trin

Could Txp and LOL thrash out a jv deal for Trinity . Letting Txp buy it then a jv .

Or something along those lines.

Just asking.

Could Txp and Lol come to an agreement that Txp buy it then Lol and txp in a Jv .

Or something along those lines.

Oops!

Yep very true mate but that's not what I said . Up to six months or more is what I actually said. Trinity has given a time frame of 5 months. Not that it matters as long a the share holders are happy with the offer.

Surely you agree that Txp could be substantial higher than today's price if Casca 2 and 3 are good and come online and another well poss drilled this year.

Yet it's up for grabs at bargain prices and still you can only get 2 very small local companies interested so maybe you can tell my why that is if you assets are so good .

I would also like to point out that you said....... so I don't think it would take long personally, maybe a month in your reply to me about me saying it could take up to six months to complete so here it is from Trinity themselves.

 The Acquisition is expected to become Effective in the fourth quarter of 2024, subject to the satisfaction (or, where applicable, waiver) of the Conditions and further terms set out in Appendix 1 to this Announcement and to all terms and conditions of the Acquisition which will be set out in the Scheme Document.

I'm guessing mid to late October but certainly not a month .Honestly haha.

Yep we dropped from around 42p when we first got news over the deal to around 33p over the following days. Just hope Txp don't up the offer in anyway.

Let's see if Aim brings us back up but I doubt it .

Got to remember many Trinity shareholders have lost a fortune on that deal .

Now bring on casca

I can't see it being done in one month and like I said surely the government would want firm commitments on a range of things. Does anyone know if Txp pulled out could lol drop the offer put forward knowing they are the only ones now interested. Surely that would put trinity in a crap position. That's of course if they could do that.

That should be Commitments not comments

Still rules and regulations that have to be done and everything else in-between, And i said up to 6 months as we are talking Trinidad here. Would the government not want guarantees/ comments before a takeover.

Only my opinion.

What's to say Txp drops out and lol drops the offer . Is there anything to say they cant do that .

Yep but how long would it take to complete that deal maybe up to 6 months or more and by that time Txp could be much higher due to casca 2/ 3 coming on line.

What if cassadura c pad is in the optimal position and the 2 Wells have Stunning rates compared to the first 2 cassadura Wells and good condensates .

80p to £1.00 by Christmas is my guess and that's all it is . All just guesses by us all . Crazy but we love it.

Looking forward to seeing just what these 2 new cassadura Wells can produce plus Coora. Optimal position I think the company said of c pad so they could be absolutely fantastic.

Cassadura structure could very well hold 1 TCF of gas especially if the Rio side plays out . I'm going for between 90p and 1.10p by Christmas.

Discord seems a bit negative of late but great info .

Bring it on.