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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 TheLandedEagleson Sep 25, 2023 12:18pm
193 Views
Post# 35652429

RE:Trillion Energy announces 2024 guidance

RE:Trillion Energy announces 2024 guidance Ya...Wowww...only $1.7mm CASH currently, would have thought they would have had $5 or $6mm...They are in deed in a pickel and desparate in raising and attracting new money, in my opinion...In order to facilitate there CapEx required to achieve the Guidance for 2023 and much bigger for 2024...They must attract more venture capital to this company and its future is dependant on it. All speculation....Guidance has always been "Pie in the Sky...for all companies...but with these latest updates with current problems with the 3 wells on this company , it will be tuff....This guidance could be viewed as just SMOKE & MIRRORS, Highly unlikely, that they can achieve these targets..,in my opinion...and say at current stock prices, hard to do a placement...Maybe at .30 to .50 cents or so which will be highly dilutive and massively raising the company outstanding shares again..if completed at .30 cents this reflects a post reverse split stock price back down to that .06 cents and reflect where it had be traded still its inception...Do your own DD, and consider all information available...Time will only tell...Tax Loss season approaching as well. Good Luck!!

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