RE:Email January 16th - Trillion Dispatch and My CommentsAs I pointed out before costs and debt outstrip revenue. TCF has little choice but have a financing. They only had a quater million in cash last financial. There are other costs for this work. Art did not need to retire. That tells me everything.
"The cost for the 3 water pumps was just over $2 m . About one months revenue. They would like to purchase a Gas Lift Compressor for South Akcakoca 2 - TFC's cost would be $4m for this compressor and likely later this year. We do NOT want any financing at the current value of our shares...period! "