Tomco Energy Share Discussion Threads

[ducky fuzz] 05/1/2023 16:14

I'm wondering which side of 1p we are going.

[kdickson] 05/1/2023 16:12

Way out too low or way out too high?;)

[kdickson] 05/1/2023 15:37

damac - 16 Dec 2022 - 16:44:21 - 29080 of 29289
Ducky,

2,633,393,857 shares in play if all warrants taken up.

My bottom end estimation (on a 15% free carry) of £250m market cap would equate to 9.5p per share.

My top end estimation (on a 15% free carry) of £300m market cap would equate to 11.4p per share.

damac - 16 Dec 2022 - 16:34:46 - 29079 of 29289
Yes, rmart, I did state "once all income streams are fully developed", which by my rudimentary calculations would equate to c.£60m revenue to Tomco per year, with anticipated lifespan of plant and wells being 20 years.

The plan is still for 28 wells in total I believe.

The potential here is HUGE.

[ducky fuzz] 05/1/2023 15:26

I wonder if JP will go and live in Utah.

[thrgef] 05/1/2023 15:23

I see JP being on the board of GF representing TOMs percentage interest

[ducky fuzz] 05/1/2023 15:18

Would it be difficult for JP to be neutral if he works for Greenfield ?

[thrgef] 05/1/2023 15:16

An idea of future earnings from two plants and 12 + wells would be a good help with the share price. Although we may get an idea of production volumes in the GM RNS we may have to wait for a proactive investors interview to get an idea on numbers. Saying that, there needs to be sufficient knowledge gained by shareholders so we are suitably informed to vote on the deal. I think anything over 5% retained in GF would be huge for TOMCo

[ducky fuzz] 05/1/2023 15:04

LOL

Although what comes first the duck or the egg?

[stuart little] 05/1/2023 15:03

Let's not count our duck eggs just yet!

[stuart little] 05/1/2023 15:02

John is employed by tomco, tomco will be a shareholder of GF. Probably with john as a board member of GF. All dependant on this deal being completed of course!!!

[ducky fuzz] 05/1/2023 14:58

So will TOMco pay John or Greenfield ? Or both LOL ?

[the diddyboys] 05/1/2023 14:57

He has to be SL I would have thought to look after our interests but I expect he will not be the top nob, so hopefully JP will have time to consider other possibilities.

[ducky fuzz] 05/1/2023 14:54

Be good to talk about something definite.

[stuart little] 05/1/2023 14:53

Will also depend on whether john is retained on the GF board and his responsibilities.

[talais] 05/1/2023 14:52

And with valkor and another large company involved the capital growth will be interesting

[the diddyboys] 05/1/2023 14:50

Hopefully, the warrants are taken up so JP has the funds to look for other deals.

[the diddyboys] 05/1/2023 14:48

So we could have an income share with a good dollop of capital growth. Nice.

[stuart little] 05/1/2023 14:47

Don't fret about warrants, it's not that important. It would bring in a decent chunk of cash but might cause short term selling as they clear through. Not a long term issue. Also, we are miles from them being considered taken up!!

[stuart little] 05/1/2023 14:45

Again we don't know what Tom will do. It has other leases that, with a war chest, might be able to exploit. Yes excess funds would be returned, I'm sure large shareholders would see to that.

[ducky fuzz] 05/1/2023 14:44

I think a big thing for us are the warrants that expire at the end of February.
Will our share price go up enough to bring the warrant purchase into play and is that good for us non warrant holders?

[ducky fuzz] 05/1/2023 14:43

What I'm struggling to get my head round is if TOMco gets this % equity in Greenfield what will TOMco actually do ? Is it just going to be just a cash shell with an annual income? Plus will this income be returned to shareholders?

[ducky fuzz] 05/1/2023 14:40

A company can have lots of potential, but if it can't get funding then it's going nowhere.

[stuart little] 05/1/2023 14:39

It also looks on the face of it (we got very little info) that this deal cancels the previous deal that would see a massive amount of shares going to Valkor.

[the diddyboys] 05/1/2023 14:32

Did someone mention XTR????