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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 Maxmoeon Apr 14, 2023 4:01pm
160 Views
Post# 35395939

RE:RE:SO, the gas price

RE:RE:SO, the gas price Is it not simpler to take the numbers provided by the company? $2.3 million for 2 wells, net of royalties, our share, I'm going to round DOWN to $1 million per well. X 9 wells is $9 million. Per MONTH. So that's not your $50, that's $100 million, rounded down again. That's $USD. So now I'm going to use your 5X multiple to get to $500 million USD. So I'll round WAY down, again, using fully diluted shares of 500 million, that's $1.00 USD PER SHARE. Using your math. And rounding down. I'm okay with a stock price of $1.00 Canadian, just to round it down huge, one more time. Good job schmid, another reason to buy,buy,buy. FYI,  If I don't round everything down instead,
I get $2,342,633/2*9*12= $126,502,182 x 5  value $usd 632,510,910
over 383,875,552 undiluted shares = $1.65 rounded to $2.20CDN at cdn=0.75
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