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Trillion Energy International Inc. V.TCF


Primary Symbol: C.TCF Alternate Symbol(s):  C.TCF.WT | TRLEF

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Comment by extcffanon Jun 17, 2013 10:33am
112 Views
Post# 21532277

RE: price

RE: price

We are a long way from discussing scenarios of finding 15 tcf and predicting the share price, even talking drilling. Can't do much without raising the funds now and continuously later. The level of dilution will depend on the stock prices at the time. If the first tranche, when raised, is used wisely and excites people, then we have a chance of reducing future dilution simply because of the higher share price. If we keep raising the money in these traditional stock prices ranges you can continue discounting the potential and there may come a risk/reward balance that simply makes it an average play. The story is exciting, but nobody is backing up that excitement with cold hard cash, meaning that it is exciting to watch develop but not exciting enough to go at it. This one has always been more frustrating than exciting for shareholders unfortunately and I am hoping for that to change soooon.

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