Tomco Energy Share Discussion Threads

[the diddymen] 09/12/2022 08:39

Just a small point Reichy but if you had not eviscerated sensible comments on your thread your followers might have been ahead of the game. The Board of TOM knows its shareholders and shareholders have been unnecessarily shafted.

Meanwhile it appears that you have been dodging the bullets that have hit the likes of DF.

Unimpressive.

#shafted#reichsmart

[the diddymen] 09/12/2022 08:32

Just guessing that the odd smaller investor will sell out in the coming days. This will only affect the price if the blotting paper does not absorb the free stock.

The next question is when they buy the next three months between now and 31 Dec, where will the share price level out? 0.0015p?

[rmart] 09/12/2022 07:59

So if there is no rns about the GM today the deadline to buy the land by 31st dec will be missed on the proposed deal.

Unless there is another plan, they failed. BOD has to pay the price imo.

[talais] 09/12/2022 06:14

Sorry from LSE

[talais] 09/12/2022 06:13

From ADVFN "Anyone else not find the knew news yesterday in the daily mail regarding rishi sunak negotigating a deal with the USA for "fracked GAS" (all the while hypocritically banning fracking in the U.K.)"Yesterday? It was initially reported on the 9th November, a month ago.https://www.dailymail.co.uk/news/article-11405707/Rishi-Sunak-brink-major-deal-supply-fracked-gas-avoid-winter-blackouts.htmlIt was updated on the 7th December https://www.dailymail.co.uk/news/article-11510103/Rishi-Sunak-Joe-Biden-unveil-gas-supply-agreement-TODAY.html

[lopodop] 08/12/2022 15:40

If the story HAS ended and some will assert that it finished many moons ago, Groat must hand this entity to a RECEIVER FORTHWITH IE prior to Christmas.

[thesageofsaint] 08/12/2022 10:01

COMMUNITY SERVICE POSTA note to anyone perhaps reading this board with a mind to invest or has been contacted by a broker offering shares. Please do not contemplate investing in this company. It has no value and has wasted tens of millions of pounds of previous and current investors’ monies and delivered nothing but despair and anger. Your money will be lost the day you entrust it to this scandalously corrupted vessel of a company. It exists only to take your wealth and has no intent nor ability to create any value. All the people who tell you otherwise on this board or elsewhere, are those who had the misfortune to be suckering in and have only desperate voices left to bear testimony to their losses.

[riverdiver] 07/12/2022 20:13

rmart - I'm astounded at how many have kept faith here. I look in every few months and see a lot of familiar names. I've still got a fair few from June 2017 - they dropped too fast for me to get out. I held on hoping they would recover but no such luck. I guess some made money here from trading but there can't be many. I also lost money with spread bets on TOM and to be truthful, I lost all my profits in what was, up to then, a reasonably successful year if it wasn't for TOM. I should really just close my position and forget about it but I keep it as a reminder never to fall for get rich quick shares again and keep clear of anything Mr Multibagger (or whatever his latest alias is) is involved in. Good luck to all who stick with them.
I'm not a big investor but the total I lost was enough to make me kick myself for falling for such a dog share.
btw - the actual shares I bought in 2017 cost £5616. They are now worth ......£10.22

[rmart] 07/12/2022 19:15

We have had faith for soooo many years ! It’s wearing thin.

One of 2 things will happen here, either JP pulls it off and gets the deal, or he will be just another leader of Tom to bite the dust. Then we start all over again.

I hope he does it, I’ve now gone 80/20 against. It too near the deadline (again).

[thrgef] 07/12/2022 18:30

Have faith, just prepare for the majority of Greenfield to be given up as part of the deal, but funding for two highly profitable plants, not necessarily CORT.

[vauch] 07/12/2022 16:12

look out boys ducky is on fire today

[fenners66] 07/12/2022 15:55

rmart back in , that was obvious he does not bother until it hits his buy price.

good luck to him , it takes all sorts to make a market.

As for DF - why have they not announced one way or the other - its the game.
Look , its been going for years on narrative alone.
No business , no sales , massive losses.
If that can be achieved with if, buts and maybes (and caveats that nothing might happen) why stop it.

This game can carry on for another decade as long as all the interested parties are willing.

Obviously some of the previous directors did not want to be part of it - so they left with big pay-offs
what did they know ?
What have they agreed not to say ?

[ducky fuzz] 07/12/2022 15:38

I don't really understand the delay. Either the funder will fund our venture or they will not. Surely it's simple.

[ducky fuzz] 07/12/2022 15:36

I do see our success / failure as a coin toss.

With the recent placing what were those taking part told? I assume it must have been very positive hence the "mislead" statement with the RNS.

[ducky fuzz] 07/12/2022 15:33

Well done rmart. You clearly got your trade right again. I also appreciate your honesty.

During my 3 months absence I considered selling, if I had I would not have bought back.

[rmart] 07/12/2022 15:18

i had sold DF, back in again at .34, last chance saloon now. If the deal is not done i wont be back again.

Too many false dawns.

[ducky fuzz] 07/12/2022 13:47

LOL rmart .. I'm guessing you've sold. You have probably made a good call though. DF

[lopodop] 07/12/2022 12:24

DAMAC and Little remain positive and no doubt DAMAC will advise investors of JP’s plan.

[rmart] 07/12/2022 11:05

From the last announcement.

Any such proposed disposal would likely constitute a fundamental disposal pursuant to the provisions of Rule 15 of the AIM Rules for Companies and therefore be subject, inter alia, to the approval of TomCo's shareholders at a duly convened general meeting.

If they are to get this done before the 31st deadline to buy the remaining 90% of TSHII then they need to annouce the GM this week or they are not going to make it. They need to give 14 days notice. so notice on thursday would mean the meeting on the 23rd Dec which is a Friday.

I AM NOT CONFIDENT.

[goulding1215] 07/12/2022 10:52

DF dream on, this is TOM.

[the diddymen] 07/12/2022 08:49

Fenners you have been watching the same scams as me for sometime.

There are two commitments now between the business and the starting line for an incredible (in the strictest sense) investment. 90% of TSII and the $1m owed to Valkor.

The aim is to run all the three into one and the one has route a and b. Route a is the drilling route. Sounds more attractive than b, but they are a one man band, they have no balance sheet, the application of the technology is uncertain and the IP is not theirs. Route b is worse because the technology is still conceptual.

Either way the incredible investment is not going to happen.

This means that TOM, having strung it out a few months into 2023, are left with writing off the 10% deposit and crossing their fingers on Valkor (not that the key terms of the loan have been revealed). In my view (and it is on the balance of probabilities) even TOM's shareholders will work out that they have been shafted and that it is the end game.

Could be wrong of course!

#shafted