Tomco Energy Share Discussion Threads

[vauch] 27/1/2021 16:14

rmart, going by what has happened previously the share price will be as is now

[stuart little] 27/1/2021 16:03

I'm never going to give share price predictions. Higher than today. As long as the project keeps delivering the Sp will be ok.

[rmart] 27/1/2021 16:02

what are you anticipating on the share price after these events?.

1. Successful 250 barrel 12 hour shift.
2. Positive feed document.
3. Successful MSAR trial.

[stuart little] 27/1/2021 15:47

Yes with the important feed document in between setting out the profitability of the plant. Hopefully with the extra commercial aspect of the byproduct included, wouldn't that be nice?. Let's see where the share price is then.

[rmart] 27/1/2021 15:47

oh, no, 1 other thing the MSAR trial, that is also to be done yet.

[rmart] 27/1/2021 15:46

no, that is the series of events to unfold isnt it?

[ducky fuzz] 27/1/2021 15:42

Is that sarcasm ..

[rmart] 27/1/2021 15:38

no its ok, i can wait, 2 more weeks of optimisation then we get the 1 shift for 250 barrels of oil. It will be a success if they get that done.

Then I assume tomco will secure their lease with the $1.5m set aside and then they will set about raising $185m through Greenfield for their plant.

All is good then. Lets see what happens to the share price when they get the 250 barrels done.

[stuart little] 27/1/2021 15:32

Yeh hurry up before the oil disappears from the sand. Rmart ain't waiting 2 weeks!!

[rmart] 27/1/2021 15:26

tomco Energy rns : As at the close of business on 19 January 2021 the POSP had produced over 100 barrels

Petroteq rns : As at the close of business on January 22, 2021, the POSP had ‎produced over 150 barrels of net oil in solvent.

3 days to produce 50 barrels?? stunning.

[ducky fuzz] 27/1/2021 15:19

Hi Busa .. have they RNS'd it ..

[busamitch] 27/1/2021 15:17

PETROTEQ ENERGY ANNOUNCES THAT PRODUCTION OF OIL FROM ITS OIL SANDS PLANT HAS RECOMMENCED

[stuart little] 27/1/2021 14:11

No ducky. About the assumption that brokers find placings for their clients to make 10%. It isn't how it works. Some will of course, but then some private investors take 10%. Most of my placings have been followed by advice to hold for multi baggers. Without placings and people with deep pockets there would be no AIM. Placees are not the enemy of private investors. You could buy here at .43 last month...

[lopodop] 27/1/2021 14:09

AIM is mainly for suckers and should be closed down. Long term investors need protecting from its flaws etc! Its all too easy for the unscrupulous to set up shop, take money, lose it and walk away protected by a weak administrator.

[ducky fuzz] 27/1/2021 14:07

SL .. Are you talking about my TOMco buy at 1.99p ..

[stuart little] 27/1/2021 14:02

Tomco is currently 40% of my 6 figure portfolio. I have taken part in various placings so I know more than you. You just messed yours up! Quite publicly too. :-)

[goulding1215] 27/1/2021 14:02

Press release from Petroteq, copied from LSE:-

George Stapleton, Petroteq COO, commented: "We have brought the POSP online in stages since commencing ?processing operations in the week beginning the 11th of January,
starting with commissioning of the front end of the ?plant and moving from ore crushing to mixing and extraction of bitumen. All upgrades are working as designed and ?the plant has shown that it should be capable of operating continuously. Once we have completed fine- tuning the ?various plant systems, we will then look to increase production rates and move to a two-shift operation. The relative ?ease with which the plant was restarted, after having been shut down for approximately nine months while design ?upgrades were implemented, is a testament to the hard work of both the design and construction teams."

[lopodop] 27/1/2021 14:00

It's what is politely called the City. That's what they do - Buck here Buck there and off for long lunch if anywhere is open.

[rmart] 27/1/2021 13:47

stuart be'little'ing people again ! lol, 'young apprentice', not nice stuart, we are all still learning. well probably not you of course, you know everyhing, which is why you are balls deep here with nowhere to go.

One thing Ducky will be really please about is that he is not your apprentice, lol, he would be bust.

Take no notice Ducky.

[ducky fuzz] 27/1/2021 13:43

V .. if these placees were current holders I'd be happy, but quite clearly they are not. They are here to scalp 10 per cent and move on.

[vauch] 27/1/2021 13:36

trust me AIM is no level playing field. it is a very much one side affair.
The hope is it has a good run at some point and at some point becomes the 1 in a 1000 that actually moves to main market.

[vauch] 27/1/2021 13:29

is Ducky on about back room boilers

[stuart little] 27/1/2021 13:27

Most of what you have just said is wrong. Utter tosh I'm afraid. You still have much to learn young apprentice.

[ducky fuzz] 27/1/2021 13:19

Hi g .. I was commenting on dodgy AIM and as well as ordinary shareholders like us getting screwed by the placing price we get screwed by these warrants which cap further rises in share price in the short term.

Exactly what happened to us.

The brokers approach wealthy investors that have no interest in the company, they scalp their 10 per cent and move on, cashing their warrants if the share price does recover.