Post by
inviolablspirit on Jan 19, 2023 9:28am
Check Tomorrow?
Does TCF receive thier next check tomorrow? $2-3 million?
Comment by
topseeker on Jan 19, 2023 9:44am
TCF receives a cheque, after royalties of 12.5% , every 20th of the month. So yes, tomorrow payday, and I believe it will be $ 3.0 +M USD for the 2 well operations for the month of Dec. 2022. Best wishes All, Sincerely, Topseeker
Comment by
inviolablspirit on Jan 19, 2023 9:52am
Just to clarify, wasn't TCF's revenue the previous year about $1 million or so, so for this first month of the new year TCF is already 3x their previous revenue and is expected to close the 2023 year out with about $100 million in revenue or 100x increase in their revenue.