Tomco Energy Share Discussion Threads

[shaunx] 18/2/2021 07:45

£2.45mill in the bank is a good starting point.

[ducky fuzz] 18/2/2021 07:28

I've read it and it's beyond my pay grade to comment.

I would rather there weren't the REQUIRED risk warnings. I do realize they are a legal requirements but still gives me the shivers. DF

[vauch] 18/2/2021 07:24

That is a looooong report and will take a day to even digest

[goulding1215] 18/2/2021 07:22

Interesting to hear fishy and Damac’s views on the Annual Report.

[busamitch] 18/2/2021 01:11

WTI gone through $62 and Los Angeles bunker through $500

[jpu1] 17/2/2021 14:23

Just 0.5P? I recon it will go upto 5P soon.

[vauch] 17/2/2021 13:34

Still at lease when news arrives we will be back to .5

[goulding1215] 17/2/2021 11:27

I think it is Valkor Vauch doing the upgrades. It would be good if they could get it up to 500 bopd. I cannot see the plant being closed down once Greenfield have completed their trials. At 500 bopd, that would be worth $20,000 per day.

I can see Valkor doing a deal with Petroteq to pay off the money owing, then getting paid back from the oil revenues being earned, as Valkor continue to run the plant. If they could prove it up to 5,000 bopd, it would certainly be easier to raise funding for Greenfield’s own site. Plus 5,000 bopd would be worth $200,000 per day. Once Greenfield were paid back, then split revenue 50/50 Valkor/Petroteq. Aimho

It might help if our much-travelled CEO could give us a clue/update, before buying his ticket home.

[vauch] 16/2/2021 10:23

If Petroteq could get it to 300 before the upgrades it should have been a breeze this time at 250

[ducky fuzz] 16/2/2021 10:22

Hi hot .. In my financial diary I have got TOMco FEED completed 28th February.

So I think that might be the next RNS.

Of course we have the 250 x 2 barrels of oil a day confirmation and the Land / lease
purchase which has to be soon.

I'm not that excited about the QFI update I don't think it will shift our share price on its own.

[vauch] 16/2/2021 10:22

Next news should be 250 a 12 hour shift

[hotfinance14] 16/2/2021 08:54

I expect the next RNS to be that Quadrise have confirmed proof of concept and this to be in 2 to 3 weeks.

[ducky fuzz] 16/2/2021 08:48

HI HOT .. obviously not I assume.

[ducky fuzz] 16/2/2021 08:47

Hi v .. I douse my research. LOL

[ducky fuzz] 16/2/2021 08:47

Hi g .. 5 MINUTES after the market closes, as in this case yesterday at 16.35pm, there is a closing trade where, as in this case 1,000,000 .. there was someone wanting to sell 1,000,000 at 0.49p and someone prepared to pay 0.49p.

At the closing of the auction the bids/offers are frozen and an attempt is made to match as many shares to be sold against shares to be bought - the result of this is what is known as the 'Uncrossing Trade' (UT)

[hotfinance14] 16/2/2021 08:27

Are we expectong an RNS when we are at 500 barrels per day ?

[vauch] 16/2/2021 08:12

Neither douse DF

[goulding1215] 16/2/2021 08:07

I don’t get that DF.

[ducky fuzz] 15/2/2021 20:45

Hi g .. 1,00,000 was an uncrossing trade so both sell and buy. DF

[ducky fuzz] 15/2/2021 20:45

Only 9 trading days before the end of the month. DF

[goulding1215] 15/2/2021 19:35

Looks like a nice 3 buys at the close 7,000,000 of them.

[wilson2] 15/2/2021 13:21

Gave you a tick on the other thread Vauch , I do pop in now and again when I'm feeling I need a laugh

[vauch] 15/2/2021 13:03

SL you could always join Wilson 2 on my tomco thread, he seems to miss you