focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Https://www.linkedin.com/pulse/trinity-exploration-update-michael-crilly-1/
https://www.**********.co.uk/blogs/connemara-mining-con-stellar-diamonds-stel-vr-education-holdings-vre-malcy-ppc-echo-rrl-trin-frr-sdx-panr/
Malcy sings TRIn praises again, not sure if he went on any site visits Https://www.**********.co.uk/blogs/connemara-mining-con-stellar-diamonds-stel-vr-education-holdings-vre-malcy-ppc-echo-rrl-trin-frr-sdx-panr/
as Bruce says 2017 we started breathing oxygen...2018 will unravel further Trinity�s slowly but surely plans ..imo
Trinity Exploration & Production Another blog from far flung lands will keep you informed from Trinidad . 2017 financial highlights from TRIN this morning which I�m glad to say are in line with my expectations with operating profits up 74.6% to $11m (6.3) and more importantly in my mind operating margins of 24.3% (17.7), this is equal to $12 pb (6.7) and reflects the positive nature of my most recent comments. TRIN has reported �robust� breakeven costs of $30.9 pb and has cash of $11.8m and net debt of $0.1m. Also, cash due to the Inland Revenue and the Energy Ministry is down substantially and below the amount envisaged in the ratified payment plan. 2H production growth was 10.2%, a very impressive figure wherever you are coming from and reflects excellent operational work with work overs, re activations, swabbing and re completions in full swing. Current production short term production targets are 2,800-3,000 bopd which augurs well for the future. Trinity�s attraction has always been that it is set up to be a low cost, high margin play and with further onshore drilling to come will give the medium term production, as if it needed it, further growth. CEO Bruce Dingwall says that 2017 was a �transformational year� and that the �r� word (restructuring ) has now been retired to the lexicon which is good to hear. Investors can now expect a scaling up and as he says, spinning off the flywheel by leveraging up the P&L to enable longer term growth to kick in. Trinity has an enviable production growth already and increasing that at the margins they expect will combine to make a very decent overall growth story and at this price level was a no brainier for inclusion in the bucket list, watch this space
Trinity E&P ‏ @Trinity_PLC 7m7 minutes ago More Following today�s update @mgrahamwood says Trinity #TRIN $TRIN has an enviable production growth already and increasing that at the margins they expect will combine to make a very decent overall growth story Https://us7.campaign-archive.com/?e=04c3996c49&u=4b5aaf1e56ff28c6b6add1eef&id=73cc8f859f �
Trinity E&P ‏ @Trinity_PLC 25m25 minutes ago More #TRIN $TRIN Whitman Howard says TRIN is trading at an unwarranted discount to its fundamental value, retains BUY given solid operating results and potential 2018 catalysts including removal of the CLN overhang and further clarity on potential value in offshore acreage.
I�m going for 12th March Bruce Dingwall, CBE, Executive Chairman of Trinity, commented: "We are extremely pleased with the performance during the period and the ongoing progress across our portfolio of assets. We are focussed on further maximising profitability and cash flow while generating increasing returns for shareholders and look forward to further updating the market with unaudited numbers for 2017 in early March."
oil looking perky $$$$ whens the next api Draw ???
It can�t be a 16p share with no debt. Rising oil and rising bopd...as usual patience required....
Wti moving up nicely,
Added a few more this am to round up my holding, approaching 3000 bopd
445,000 buy just popped up , interesting
GO`s chart he emailed is getting healthier and healthier as oil surges $$$$
how many do they want................ 11/01/2018 16:40 UK Regulatory (RNS & others) Trinity Exploration & Production Second Price Monitoring Extn LSE:TRIN Trinity 11/01/2018 16:35 UK Regulatory (RNS & others) Trinity Exploration & Production Price Monitoring Extension LSE:TRIN Trinity 11/01/2018 12:07 UK Regulatory (RNS & others) Trinity Exploration & Production Second Price Monitoring Extn LSE:TRIN Trinity 11/01/2018 12:02 UK Regulatory (RNS & others) Trinity Exploration & Production Price Monitoring Extension
closing in on $64
Https://www.cnbc.com/2018/01/11/oil-price-markets-are-not-balanced-yet-says-uae-oil-minister.html
added 50k 3000 bopd approaching imo
oil $$ nudging onwards
Oil surging, can we break into the $60