RE:RE:status quo and forecastWith the drilling expense now essentially $0 and the re-perf costs minimal people are going to be astounded by how fast and by how much this changes the operating margins and straight to the Bottom Line. The Astute already understand this which is why you saw the sort of literally last-second games played on both CSE and OTCQB, games that will undoubtedly continue this coming week.
The Legal Larcenists, as another contributor likes to describe them, now face a rapidly-closing Window Of Opportunity if they hope to snatch Trillion on the cheap.
gladiatoro wrote: schmidilein2713 wrote: Actually I'm totally out here, but never say never...
1. Gasproduction around 14 Mcf with 3 wells, 2 other will also come online again- but when? how much will the flowrate be then? will it be stable? when to reperforate again? What's about the issues with compressors, water in wells,......will they be able to recalibrate the production? Nobody knows..
2. Oil- farm-in: A lot could be, but nothing for sure, the same for Bulgarian play. We'll se next year.
3. Financials: Let's wait for the next quarter figures.
For sure all the saved money will be re-invested till middle/end 2024.
4. Gasprice: plays not a big role till we start drilling again( next year)
5. Cooperation with big partner: A lot of phantasy, but nothing to valuate now
5. Conclusio: Currently Trillion is fairly priced, but I see currently no upside potential. I keep it on my radar.
Gas prices are PROFITABLE at 2 dollars Trillion is getting 12 = MASSIVE PROFIT this winter as it gets colder...like I said other wells are being perfected...NOW lets she quaterly PROFIT should be HUGE with NO new wells being drilled until NEXT YEAR.