Value Microcaps Junior Energy

[dr_airtime]

TCF.v/TRLEF

Yes I'm still here sometimes :)

Trillion's Nat Gas price for March is down to USD 12.92/MCF at the end of March vs. USD 31/MCF that was being heavily promoted and marketed to Canadian Investors. Still a great story once Natural Gas prices normalize this year after 2022 Euro Gas Crisis. Back in January I spend a few hours doing research and here is how you go from the EPIAS exchange price in Turkish Lira per 1000m3 to USD/MCF:

Since this took me WAY too long to find a primary source and translate here is how you can vet the US 31/MCF price "marketed" in Trillion's latest presentation. Euro gas crisis peak is over so it will be important to follow prices 2022. Go to the Epias Energy Exchange Istanbul link below and look at the November Monthly Report where gas prices averaged TL 20.518/1,000 cubic metres. Easier to write as TL 20,518/1000 cubic metres. TL 20,518 / 35.3 MCF in 1000 Cubic Metres x 0.053 TL/USD FX = USD 30.8/MCF.

If you look at the current MARCH report you'll see gas was right around TL9,000/1,000 cubic metries at the end of March. At current FX the translation is TL 9,000 / 35.3 MCF in 1000 Cubic Metres x 0.051 TL/USD = USD 12.92/MCF.

EPIAS Monthly Gas Reports