48 Cents? Wow! A Very Good Entry point!Catalysts for Immediate Growth:
-Cost effective shallow water drilling.
-Production is easily tied into the nearby underwater pipeline and land based NG infrastructure.
-The Turkish need for natural gas seems insatiable!
-Near term production is about to commence in November.
-This is just the start of something much bigger! Explosive growth is just around the corner!
-Initially fully funded program over the next 12 months is expected to drill a new well approximately every 45 days!
-7 already known discoveries with untapped reserves.
-10 exploratory drilling locations could possibly lead to a doubling of the company's known reserves. -This unbelieveably high priced natural gas will be sold into a captive market. -The demand for this costly natural gas may well continue unabated for three years or at least as long as Russia's Putin is still alive or left in charge. -The Turkish government finds the prospect of developing its own higher cost deep water wells a more enticing investment possibility. -Erdogan wants Turkey to go it alone without the support of more knowledgeable and well financed international deep water drilling partners. (It may take their government many more years to finally figure this out?)
-Further delays regarding the prospects for economically exploiting uncertain, deep water Turkish wells, negates much of the nearer term prospects for future downward pressure on the local price of natural gas.
-Present day TCF shareholders may well be selling partial positions to chase after other high flying stocks of which there may be plenty! ( A good time to buy!) It's all good! Everyone wins!
https://trillionenergy.com/wp-content/uploads/2022/09/Trillion-Energy-Intl-Corporate-Presentation-Sept-2022-F2-Read-Only.pdf
Many thanks to today's seller. I didn't pay too much!
Much obliged!
All the best! Java
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