"The Perfect Storm" ... keeps gaining strength Rockit : "they keep talking about getting more money for their gas in the Black Sea , could someone please tell me how much gas is exposed to these higher prices. Thanks i appreciate it ."
Rockit, in short all the Nat Gas Trillion will produce will be at the current price paid in american dollars by Turkey at that time. Not on a fixed price but rather on a pay as you go plan. Clearly this will allow Trillion to apply massive increases to Cash Flows and to Earnings Per Share EPS. the EPS will be an important metric to apply one valuation on TCF shares. The Gas/Oil Industry use a ten times earnings per share to apply a valuation. A ten times multiple of EPS is why Touchstone (Trinidad) is trading where it is.
Turkey raises the price of natural gas this week...and we are only in June ....What about November $$? ...could that mean the Turkish Government is having to pay more for the gas they buy? I frimly believe that $18 was just a stepping stone to where Nat Gas ultimately will end up! We can stay tuned for the next time Art announces the price paid to Trillion for gas has gone up again.... Below is a must read for all shareholders. You gain some perspective on how much Trillion is under valued. The market is telling us that there is no current value being applied for the 2 Whales that Art is considering drill testing during the second drill Program for Drill #8 - Drill #17. in the #2 Drilling Campaign ...just having the potential to join the "Trillion Club" will not only be a game changer for Trillion but also for Turkey!
What do you think the share price should be with a discovery of a Trillion mcf ? and to wait less than a year to find out ...this alone should have the share price at .40 cents.
Kerry Lutz May 19, 2022
The complete disruption to European Nat Gas Imports is only being understood on the fly. Natural Gas was already determined to be the new shoulder energy for countries committed to reduce their "carbon emissions" over the next 10 years while other green energies caught up. Now, Naat Gas is going to be in short supply for a very long period of time. How high will the price of Nat Gas climb if we are only in the First Wave of this crisis? Art has explained that Trillion makes very good money at $9 ...a cash cow at $18 .... and a rising star of $25 ...
Right Market ...Right Location ...Right Time ... or convince me otherwise?
To even be part of a risk/reward at a current price of .40 cents has not happen too often in my life time. I have given anything Trillion my attention for over 2.5 years now. I have been patient and continually checked the progress of each step Art has taken. I see a man that has an exceptional asset about to be brought back into production. I must be confident with him as I have not considered to sell even one share of TCF. Not all companies are operational equals. My impression is there apprears to be a strong corporate culture at Trillion ... very little turnover of key personel here or in Turkey.
Important to have a good reputation and integrity in business practices so you are able to secure "the best in class" for all the professional operational needs to bring on the new wells. Well done!
We have bout 100 days or sleeps till cash flow begins from New Well #1. My experience tells me that there are some smaller and some larger investors that wait until production begins and there are positive cash flows going forward. Another group of investors will likely have a good look when the share price is trending over $1.00 per share and no longer considered a penny stock.
"Turkey hikes gas, power prices citing 'perfect storm' in global markets"
ISTANBUL, June 1 2022 (Reuters) - Turkey raised natural gas and power prices on Wednesday and its energy importer blamed a "perfect storm" in global markets, feeding into an inflationary surge in the country that likely hit a 24-year high last month.
Turkey imports virtually all of its energy needs, leaving it vulnerable to the big price rises seen this year, and soaring world energy costs in recent months sharply raised the import bill. read more
(as of June 1st 2022) Natural gas prices were raised by 30% for households, by 16.3% for gas used in electricity production and by 10.2% for gas used in industry, state energy importer BOTAS said.
This follows a 35% hike in household gas prices in April.
"The public knows well that with the impact of the perfect storm in global and European energy markets consumers have been left exposed to exorbitant energy prices," BOTAS said.
It said global price rises had not been passed on at the same level to Turkish consumers and the latest hikes were designed to keep the impact on consumers at a minimum level.