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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tomco Energy Plc | LSE:TOM | London | Ordinary Share | IM00BZBXMN96 | ORD NPV |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
---|---|---|---|---|---|
0.037 | 0.04 | 0.04 | 0.0385 | 0.0385 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Drilling Oil And Gas Wells | -690k | -0.0002 | -2.00 | 1.27M |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
---|---|---|---|---|
10:03:54 | O | 629,140 | 0.0375 | GBX |
Date | Time | Source | Headline |
---|---|---|---|
15/4/2024 | 09:04 | UK RNS | TomCo Energy PLC Holding(s) in Company |
28/3/2024 | 15:48 | ALNC | EARNINGS: Caledonian swings to loss; Altona Rare Earth loss widens |
28/3/2024 | 14:56 | UK RNS | TomCo Energy PLC Results for the year ended 30 September 2023 |
25/3/2024 | 09:09 | UK RNS | TomCo Energy PLC Holding(s) in Company |
22/3/2024 | 15:58 | UK RNS | TomCo Energy PLC Holding(s) in Company |
19/3/2024 | 16:01 | UK RNS | TomCo Energy PLC Holding(s) in Company |
06/3/2024 | 15:28 | UK RNS | TomCo Energy PLC Holding(s) in Company |
28/2/2024 | 16:21 | UK RNS | TomCo Energy PLC Holding(s) in Company |
21/2/2024 | 11:54 | ALNC | TomCo Energy raises GBP300,000 though placing and subscription |
21/2/2024 | 07:00 | UK RNS | TomCo Energy PLC £300,000 Equity Fundraise |
Tomco Energy (TOM) Share Charts1 Year Tomco Energy Chart |
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1 Month Tomco Energy Chart |
Intraday Tomco Energy Chart |
Date | Time | Title | Posts |
---|---|---|---|
25/4/2024 | 18:18 | AN OPEN TOM PLC where you will never banned or filtered | 18,302 |
24/4/2024 | 16:35 | TOMCO - TURBOSHALE - Commercialising Oil Shale Production | 31,369 |
07/6/2023 | 09:04 | TOMCO THE BOOM TO BUST AGAIN AGAIN AND AGAIN | 101 |
02/9/2022 | 22:04 | JOHN POTTER | 72 |
05/1/2022 | 09:20 | Tomco Oil San Extraction and conversion to fuel oil | 464 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
---|---|---|---|---|
2024-04-25 09:03:55 | 0.04 | 629,140 | 235.93 | O |
2024-04-25 07:34:14 | 0.04 | 2,248,952 | 832.11 | O |
2024-04-25 07:33:33 | 0.04 | 2,248,952 | 832.11 | O |
2024-04-25 07:33:31 | 0.04 | 2,250,000 | 832.50 | O |
2024-04-25 07:05:03 | 0.04 | 10,000 | 4.00 | O |
Top Posts |
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Posted at 25/4/2024 09:20 by Tomco Energy Daily Update Tomco Energy Plc is listed in the Drilling Oil And Gas Wells sector of the London Stock Exchange with ticker TOM. The last closing price for Tomco Energy was 0.04p.Tomco Energy currently has 3,187,408,610 shares in issue. The market capitalisation of Tomco Energy is £1,274,963. Tomco Energy has a price to earnings ratio (PE ratio) of -2.00. This morning TOM shares opened at 0.04p |
Posted at 25/4/2024 18:18 by the diddymen 1d - the TOM board have failed to understand that even if you run a narrative company, you still have to invest in the narrative. There are AIM companies with the same objectives as TOM but substantially better developed and more sustainable narratives.W-6 approaches and with no funding likely the TOM board will have to consider the risks of trading whilst insolvent. |
Posted at 25/4/2024 15:24 by 1dutchman Yes, full credit to Vauch for being a man of action. I saw on the LSE board that he contacted Byle and was reminded by him that TOM still owed money to Valkor. He also learned that Byle and JP had fallen out and that there was no business relationship (except the loan). That would explain why Valkor’s drilling campaign no longer includes TOM. With Trio Petroleum, Valkor has found another group of shareholders whose pockets they can pick, so Byle no longer needs TOM. The ‘huff and puff’ or steam injection plan for their wells is as bad as CORT. Though used in certain locations around the world for tertiary recovery, it is neither economical nor environmentally sound to establish in a greenfield location, in a desert no less (water scarcity). I wonder if Byle ever actually believes in any of his schemes or if he merely throws s—t against the wall to see what sticks? |
Posted at 28/3/2024 15:10 by the diddymen One last gasp - accept a material uncertainty on going concern clause in the audit sign off. The bottom line is that if the company do not dilute the living hell out of the share price, going concern is not relevant. Any new capital can now dictate their terms, so sub 0.0001 on the way. Shareholders all had their chance to liquidate some capital prior to this announcement today - too late now."The forecast, which includes all commitments at the date of this report and reflects receipt of the net proceeds of the £0.3m equity fundraising announced on 21 February, indicates that the Group will need to secure approximately an additional £0.5m in Q2 2024 to meet its currently envisaged working capital requirements for the twelve months to 30 April 2025, beyond which further funding will be required. Based on historical and recent support from new and existing investors and debt providers, the Board reasonably believes that additional funding can be obtained when required, via further debt or equity issuances, and in the meantime is carefully preserving its existing cash and taking measures to reduce costs and defer expenditure (including director salaries) such that it continues to consider it appropriate to prepare the financial statements on a going concern basis. However, the Board's ability to raise such funds cannot be guaranteed. As a consequence, there is a material uncertainty as to the going concern status of the Group. The financial statements do not include the adjustments that would result if the Group was unable to continue as a going concern." |
Posted at 06/3/2024 20:03 by fenners66 It seems to clarify that Jones ....had a 14.24% stake on the 25th of October. But as with every other long term gambler (holder) he was diluted when the company issued new shares which began trading today. He had 454,033,065 which would have been diluted today down to 11.7% from the 14.24% So he reacted by buying some to get back to 13.76% Meaning that even though he did not want to fund them directly he has still bought some actually MURPHYL its 80m shares not 75m - just correcting you so you are not spreading false information - He has lost a packet (presumably) already I guess he's trying to preserve the value of his stake ? The only semblance of a reason I can think of (given TOMS lack of business prospects) is that somehow (a bit like Musk) he has a loan and is using TOM shares as collateral - if the share price falls any lower maybe the loan gets called in . But will that end in tears ? |
Posted at 27/2/2024 21:41 by goulding1215 A little bit deserted over here. So, while everybody is unhappy with proceedings so far, myself included but I do see some hope for the future. Of course it will all depend on the bond maturing for want of a better word, and cash in the bank. We all regard TOM as an oil company. Well it isn’t, it is a sand company, because the sand is worth more than the oil. Why? Because there is a world wide shortage of sand particularly silica for glass. The TOM machine produces 1.5 barrels of quality sand for every barrel of oil. Currently oil is selling at 77$ pho. Sand is selling at about 85$ per barrel.Tom will be unique in its revenue for one machine, maybe 2? We know that TOM Owns a lot of oil. Who knows what the sand is worth? The sand is not going away, been there a few millions of years, and with a world-wide shortage. There is no oil shortage even with Russia sanctions. So, I see the sand being dominant in the company’s future. The BOD actually said at the AGM 2 years ago “we are a sand company where the byproduct is oil. If we can get this funding sorted, I am hopeful that TOM has a bright future. |
Posted at 20/2/2024 18:02 by 1dutchman The facts are quite simple. TOM's CEO has no industry experience. Nil, none, zero. He trained in catering and the last value he created was pouring a beer at Wembley. He spent the last three years being led by the nose by Valkor's Steve Byle, who had his own agenda that certainly was not consistent with that of TOM's shareholders. To be fair, after picking TOM's pockets in order to keep food on the table during COVID, Byle subsequently tried to help Potter out by giving him a contract to engage with Utah officials re: leases and permits. Strange, then, that Potter never showed up in any of those videos of the Utah Board reviewing those permits. But Byle is no idiot - he knew all along that CORT wasn't commercial and he eventually had to dispense with the relationship with Greenfield and TOM. And now he has new relationships with Ecoteq and Triad and has left poor JP on his tod. |
Posted at 19/2/2024 12:10 by the diddymen Fenners, the lack of robustness to any share price rise tells you that many shareholders just want out. In reality there will be no market unless the Board makes an announcement. Given that there is nothing to announce (except ground zero) there will be no market.If the Board has nothing further to add to brief shareholders on the development of TOM's strategy, then it should give shareholders a steer on the cash position and the plan B, however unpalatable. |
Posted at 17/1/2024 09:42 by 1dutchman One has to almost envy the delusive contentment which keeps Goulding posting bullish oil price predictions despite there being absolutely no hope of TOM's share price being influenced by the oil markets, at least while pursuing this strategy(?) with this team(?).Diddy, thanks for the excellent summary of the current position. Re: dilutive funding, at some point won't the brokers have to admit that they can no longer raise funds for the company? In fact, it may have already happened, which would explain Mr Jones stepping in. It is a wonder that both the broker and nomad continue to act for TOM. Strand Hanson has a reputation for being steadfast, but even they must be regretting their association. There are other nomads available further down the pecking order, but even those must surely require a change in management before taking on this dog. |
Posted at 04/12/2023 13:02 by fenners66 So the end of November reached and no newsof course not , there was never going to be. Now according to the AGM reports they will have to come up with another story. As I said I looked at their AGM notes and they laid out so many red flags but (maybe not surprisingly) the gamblers did not pick up on them. So (I have been asking myself if I can be bothered) if we look at them (always assuming their notes were accurate). Their notes - "Not been using Petroteq process for a couple of years. Nothing wrong with it but we're now using a better solvent and have made technical changes to the materials used in the process. There is no IP impact with Petroteq." Now this is the CORT process that used next to Zero solvent as a consumable It was going to give oil and clean sand. It's what TOM spent $1.5m on and as said on here it was NEVER proven as commercial. This was supposed to be a game changer ... but its been abandoned without an RNS to explain why they spent all that cash and moreover since it was obvious from the start that a CORT plant would never happen and Valkor would never get 29% of TOM ..... again their AGM notes " "Qn: With new 'go it ourselves' funding route, will Valkor still be entitled to 29% of Tomco? JP: That was based on where Tomco were 2 years ago. With this latest reserves based funding, it WILL be 100% that Tomco retains." obvious no CORT no 29%. But do the gamblers question? No./ You burned millions $'s and no questions asked. Dumped Petroteq and no RNS - despite some on here trumpeting PQE were going to sell more CORT licenses including to that ....err really credible - Netoil - ha ha no movement on that either. TOM's cash has dried up now PQE delisting and refusing to file accounts , CEO resigned All flagged from the start on here. PQE takeover at 200% premium - fantasy never happened..... none of it. But they swallowed everything TOM said - now they just accept that TOM has moved on to an unknown alternative. Dream on gamblers. Where have we been wrong ? |
Posted at 25/10/2023 00:20 by fenners66 Just to go back to the great white hope - Petroteq and its CORT tech that TOM spent over $1.5m on (and has Nothing to show for it).There has been no communication on PQE's website of their results since period ended November 2021. They have withdrawn from the stock exchange listing and not filed accounts. On their last published balance sheet they had $79m in total assets and a deficit on reserves of $102m I guess that has all gone now - so effectively they have burned something like $182m Any of the gamblers want to present any evidence that that is not the case ? And yet we hear the "reasoning" that if someone is prepared to chuck £100k at overpriced TOM stock they must "know something". Well since they are £150m or so behind those who clearly knew nothing of PQE and since PQE outsmarted TOM surely that just shows that putting money into a fantasy does not an investor make ? Dream on gamblers. Some of you had a chance to make a profit from the PQE fantasy bid that never materialised - it was obvious from the start and we said it so at the time with reasons but instead of selling in the market you were greedy for more .... that is human nature ... that is how the likes of TOM can lose a fortune for nothing. And despite our misgivings and an all time low share price there will still be gamblers on the other thread looking to lose even more.... |
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