Tomco Energy Share Discussion Threads

[oil be there] 05/2/2021 16:14

Bid moved up to 0.4805

[oil be there] 05/2/2021 16:12

That's a great news Goulding and gives great confidence that Valkor are happy with PQE. Expecting news next week.

[ducky fuzz] 05/2/2021 16:10

HI G .. No he had to take PQE shares for non payment.

[goulding1215] 05/2/2021 16:08

hxxps://s3.amazonaws.com/content.stockpr.com/sec/0001567619-21-002239/0001567619-21-002239.pdf


So what about that then? Stephen Byle 10% owner of Petroteq. He must be confident of the process.

[ducky fuzz] 05/2/2021 16:01

Online it's 0.477p sell and 0.5p buy

Full ask to buy.

[vauch] 05/2/2021 15:59

They do seem highly strung over their.

[ducky fuzz] 05/2/2021 15:58

Yes thought so.

[stuart little] 05/2/2021 15:57

No, we're buddies now.

[ducky fuzz] 05/2/2021 15:56

Was it rmart who told you to F off ...

[stuart little] 05/2/2021 15:51

Anyone who thinks this board can get feisty at times should have a look at the RMS one. I only popped in to say hi to rmart and was told to F off before i'd even taken my coat off. No wonder rmart is so grumpy at times.

[ducky fuzz] 05/2/2021 15:23

4 x million plus buys today. DF

[hotfinance14] 05/2/2021 15:11

The sample should be sent to Quadrise next week who have stated it will take 2 to 3 weeks to confirm proof of concept so we should have news on this front by the end of the month.

[vauch] 05/2/2021 14:34

I have made no secret of the fact I am in this one deep.
With over £110k at this time invested. ( hell I must be mad )

[vauch] 05/2/2021 14:33

Hi my purchase was a while back so on a 30% loss at this time, but it is looking rather interesting at this time.
My plan is to get out of oils with any profit.
With the exception of TOM as it has different products in the pipe line so to speak.

[fishyneck] 05/2/2021 14:22

Post edited, wasn't tom related.....Thanks Vauch...

fn.

[vauch] 05/2/2021 14:08

if the large excavation can be sealed it would make a great lake, for a place that has little water

[vauch] 05/2/2021 14:07

On a more serious note. do sand mines fill the big hole after. because if so it must make another hole some-ware

[vauch] 05/2/2021 14:05

We could export the UK rubbish that will fill the hole in no time

[stuart little] 05/2/2021 14:00

I think anybody with any sense will see it as a the bonus it could be. Goulding doesn't normally fall into that category! :-)

[stuart little] 05/2/2021 13:52

I agree Jay. There will be some middle ground with some byproduct sold to help keep the lights on the biscuit tin full but the real revenue stream needs to stay focussed on the oil.

[jaynealex] 05/2/2021 13:40

There is the problem of you're suddenly creating a bigger hole if you sell the sand as well ... So there must be re instatement / environmental costs / issues

[stuart little] 05/2/2021 13:18

I think the point being that until recently the understanding was 100% of this byproduct would be returned to the mining site with zero commercial value.

[the diddymen] 05/2/2021 12:50

Goulding on the other thread has added the first of the key conditions of the value of sand - $70 locally. So here is the relevant part of the post:

"Frac sands can sell upto $70 per ton locally. I barrel of oil produces 1.7 tonnes of sand. Do the maths - the above news was a game changer. If oil prices hang around at these levels the sand (as a by product) becomes more valuable as a business. Add the oil and the sand per barrel sale = $100+. Quite extraordinary really"

At 10000 barrels per day, that is 17,000 Tonnes of sand per day. A standard UK tipper truck load will be about 17 Tonnes ergo 1000 trucks per day. Goulding now needs to establish where the local demand is for 1000 trucks of sand a day. It requires loading/unloading a truck every 1.4 minutes. How much sand does a fracking site require (I thought that they recirculated the sand and liquids).

It probably will have value, but at what scale.

Quite extraordinary really.


TD

[goulding1215] 05/2/2021 12:10

Thanks ducky, but I am only negative about one thing, Regarding TOM. The CEO And lack of updates. What are the odds of an update regarding the Petroteq press release?