Tomco Energy Share Discussion Threads

[lopodop] 05/3/2021 20:40

John signed the statement of affairs as director to start insolvent liquidation of Reform Energy late last year. Read it for yourselves look Reform Energy on Companies House website and you will see the document signed by John.

Is this the wrong John Potter. It does cast doubt about his suitability
And many investors may be concerned.

Frankly there has been too much silence although some here may have been in contact with him privately it would seem.

Agreed Valkor have the skills but surely Tomco need experts to oversee and check.

[wilson2] 05/3/2021 20:30

I do also,,,,, I think we have the right man in charge . Are you on I just want to scream analysis scream

[damac] 05/3/2021 20:25

I do also.

It is Valkor that bring the engineering expertise to the party.

[oil be there] 05/3/2021 19:28

Think we have the right man in charge

[damac] 05/3/2021 18:52

CHIEF EXECUTIVE DIRECTOR

John Potter

John is an accomplished Chief Executive and project manager with many years' experience working within the energy sector. John brings a wide range of skills, knowledge, and industry connections. John's proficiencies in understanding and identifying the best technologies in projects and his proven abilities in developing relationships with stakeholders, including operators, politicians, financiers, technology providers and regulators, are well proven and have brought significant value to the companies he has previously worked with. John joined TomCo as Chief Executive in February 2018.

[wilson2] 05/3/2021 18:50

It's not going to go to 20p or 1p you've been had!!

[lopodop] 05/3/2021 17:25

On the basis that Tomco can afford a very good payoff to Andrew Jones, why is it that John Potter has personally to spend so much time apparently on location.
Would it not be more effective to engage a trained engineer / engineers to be there full time to validate progress and represent Tomco's interests. Surely there is a risk to Tomco's interests when John Potter is absent. Also is John a trained engineer. It
does appear amateurish.
Also strange that many are trying to second guess what is / may be going on - should you not have specific information none of which is / should be sensitive. Why is there so much lack of openness?

[vauch] 05/3/2021 10:43

How the hell can CLP be worth 31 mill and we are at 6 mill. the trading would is mad

[vauch] 05/3/2021 10:41

Most likely connection is the V

[damac] 05/3/2021 10:35

Anyone know if there is any connection between Vivakor and Valkor? 🤔




I saw something on the net claiming that Vivakor are connected to Tar Sands Holdings Llc ....

[damac] 05/3/2021 10:31

Ha ha, good spot 👍

[stuart little] 05/3/2021 10:23

I'm sure you'll spot your typo. Unless Marty Mcfly and Doc are running the show. :-)

[damac] 05/3/2021 10:21

That agreement commenced on 1st July 2020, so the initial agreement runs until 30th June 2021. I fully expect Greenfield to have handed POSP back to Petroteq well before then.

[busamitch] 05/3/2021 10:17

With an option for 4 more years.

"1.5. This Agreement shall commence on the Effective Date and shall continue for a term of one (1) year (“Original Term”) and shall automatically renew for up to four (4) additional one (1)-year terms for after the end of Original Term (each a “Renewal Term”) unless either Party notifies the other Party no less than ninety (90) days prior to the expiration of the Original Term or any Renewal Term that such notifying Party does not wish to renew this Agreement . This Agreement will continue month-to-month thereafter the expiration of the Original Term and all four (4) Renewal Terms. Termination of this Agreement, however, shall not affect any work orders still in effect at that time."

[vauch] 05/3/2021 10:12

Pursuant to the Work Order, Valkor has recently entered into an agreement to take over the management and operations of the POSP, for an initial 12 month period, to ensure the proposed upgrade works, as detailed below, can be completed in as short a period as possible. With the establishment of Greenfield, Valkor will now transfer the Work Order to it.

[damac] 05/3/2021 09:34

Rmart,

I’ll repost this video here. This is the one where they comment on now processing higher quality ore.

Re-viewing this now in conjunction with the Petroteq documentation posted by BusaMitch, it looks like the higher quality ore has come from Tar Sands II and ergo, Tar Sands II appears to be the site that Greenfield are looking at.

[damac] 05/3/2021 09:06

Stu #18158

You could well be right.

Looking back, I am confusing the previous Petroteq site as being Tar Sands II when it was in fact SITLA.

I am now leaning more to thinking that Tar Sands II is the lease being looked at by Greenfield. With both Greenfield and Petroteq using previously mined ore from the site for different purposes.

[rmart] 05/3/2021 09:01

Oh ok thanks will go listen again

[damac] 05/3/2021 08:55

Rmart,

Sorry, that is, as I understand, the general assumption based on the comments made by Greenfield on the recent update video previously posted on here.

[stuart little] 05/3/2021 08:53

Ad I said that's a scenario I see, not fact. They have previously told us they are assessing the new lease and we know ore, higher quality, was shipped in for the test. Makes sense to me to test the ore for our site.

[rmart] 05/3/2021 08:47

Greenfield are ALREADY processing the ore from the site they are looking at.

Where did that come from? If there is a link please post it, that is 100% price sensitive imo as it means they have secured some sort of rights to mine the ore.

[stuart little] 05/3/2021 08:40

Is tar sands holdings anything to do with petroteq? Don't think so. We are reading this different damac,I see a scenario where greenfield have trucked in ore from Tar Sands llc lease to test with a view to this being our new site. We await confirmation. Of course I could be reading it wrong!

[damac] 05/3/2021 08:30

UNLESS, Greenfield will be taking on the Tar Sands II lease, but isn’t that currently held by Petroteq?

With Petroteq’s current issues regarding long term supply of suitable ore from their Temple Mountain Mine, it doesn’t make any sense to relinquish the Tar Sands II lease given that they say it yields better quality ore.