Trillion Energy International Inc. C.TCF

TCF.C NATURAL GAS PRICE IN EUROPE. MOVING UP

[Charts1]

EU Natural Gas TTF - Price - Chart - Historical Data - News

[Boulder49]

TCF.C NATURAL GAS PRICE IN EUROPE. MOVING UP - TCF SHARE PRICE MOVED DOWN 5.8 %    

[Boulder49]

TCF currently supplies its contracted share of gas to the Turkish oil and gas company BOTAS. As the European part of Turkey accounts for only 3% of the country's territory, it is probably a little optimistic to characterise Trillion Energy as a major European gas supplier. Instead, it would be more advantageous to emphasise the monthly profit share for debt reduction in order to increase the

[Guytorule]

Remember BOTAS is a State owned company suppling gas to its own market to their consumers and commercial concerns within Turkey . They dictate the monthly pricing of gas from TCF. Trillion is at their mercy and will determine how profitable Trillion can be to carry-on with their business model. I suspect that BOTAS pricing will further decline in coming months, and not necessarily follow EU market

[gamaray]

Good points, in addition you should keep in mind Botas sets the price in TL and Trillion needs to use the exchange rate to convert to USD. The price is 9,94 USD/MCF as Arthur said. If Botas keeps the price at the same and if exchange rate goes up then price in USD will come down.  In short, USD/MCF will come down if the exchange rate goes up. 

[Guytorule]

Yes, correct..another valid point, currency risk added to Botas pricing each month...crazy to think Trillion has a strong revenue model here with SASB gas field..Think twice people...good luck!