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Trillion Energy International Inc. 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 IgnacioCashmereon Jan 03, 2023 12:07pm
222 Views
Post# 35200859

RE:WOW! not a good start if we break .40!

RE:WOW! not a good start if we break .40!As a producer, we are now in lock step with the TTF price. When it goes down, we go down. It is down $10 today. If it goes back up, we go back up. Our current production does not even support a price of $0.32 USD with 2 wells. We will need 4 wells just to match today's SP. Our SP is no longer based on exploration. Like all other producers, the market does the math of revenue & earnings divided by outstanding shares daily. I run the numbers daily on every stock I own & at least weekly of those on my watch list. I expect others are doing the same, because SP moves immediately with a change in commodity price.
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