Post by
CLOUDER on Jan 05, 2023 12:23pm
GEOPOLITICS
IS playing a role here unfortunately. RISK is rising, but i believe that when the end of the year #`s come out in FEB it will be an eye opener for TCF share holders, and like ART said this is when the big money comes in....imo.
Comment by
RightAngle45 on Jan 05, 2023 12:50pm
They just started producing in november, did they not ? So they only have the revenue from the first 2 wells.
Comment by
CLOUDER on Jan 05, 2023 2:28pm
yah this is a work in progres ...maybe the second quarter of 2023 for an accounting of what is to come i guess.... by then there will be 6 wells producing for i hope still $31 U.S. an MCF. MAY ish.
Comment by
Goldy63 on Jan 05, 2023 3:16pm
Correct so that NR and first cheque was only the first of many and will only become a much bigger amount as more wells produce more NatGas = more revs = higher SP/ mc. Then you have more and more bashers spewing their garbage so we know we have the goods only patience is needed . Yes more wells FIFTEEN More lol. Long TCF.
Comment by
CLOUDER on Jan 05, 2023 3:27pm
YES a lot of wells to come...the money to do it.....and the high $$$$ for the MCF will make TCF a great money making stock for years....it really is a no brainer....but it will take a little time thats all.
Comment by
Buyreallow on Jan 05, 2023 3:59pm
In fact the payment announcement this month will be larger than last month simply because there were more days of production put through the pipeline. November payment was $1.2 million US. Expect January cheque for December production to be in the area of $2.1 million US on January 20th.
Comment by
Moremoney4u on Jan 05, 2023 4:07pm
YES, IT SHOULD ACTUALLY BE HIGHER, PLUS , add on the two original wells which are also still producing, its a cumulative effect. EXPECTED YEARLY cash flow when all the wells are producing, obviously, at a certain rate, will be 150 million $$$$ . divide this by number of shares, STAGGERING.