Post by
jermiah777 on Aug 02, 2022 7:39pm
Interview with CEO
So on you-tube their is an interview with CEO that is 2 months old where he breaks down how much each well brings in. So if gas is 21$ when first well is brought on, then using conservative numbers for volume the well puts out, it will bring in 1.8 million US per month. So that is 2.3 million Canadian per month or 28 million per year. So 4 wells by January means a cash flow of 112 million Canadian per year. But if gas prices are 50% higher at 30-32, then 4 wells is a cash flow of 167000000 per year. 167 million....just 4 wells with gas at 31$ /MCF. Remember...the margins will be extreme...costs to produce this gas are not any different at 8MCF vs 31 MCF. The 23$ / MCF more that Trillion can sell their gas costs them no more to produce the gas at this high price than selling at 8. The 23 is pure profit. So that's only 4 wells by dec/Jan. But they have many other drill locations lined up. So with these extremely high margins...it's anyone's guess how high investor community will take the share price
Comment by
itwillgo1 on Aug 02, 2022 10:52pm
Need to get the redditers on board
Comment by
Goldy63 on Aug 03, 2022 7:45am
Agreed . They know how to shake things up and burn the shorts . Bring on the ig cheers . With everyday that goes by the rig continuious to get prepped . Cheers .