Trinity has released a production update this morning, with an 11% increase in production qoq for Q417. Full year 2017 production was inline with our forecasts but YE cash of $11.7m was above our forecast of c$6m. The ongoing work programme has continued to increase production, and with the initiation of new drilling in Q118, Trinity is on track to meet its short term production target of 3kbopd in 2018. We believe the 45% share price discount to our PT of 32p is unwarranted, given continued ....