Tomco Energy Share Discussion Threads

[lopodop] 15/4/2021 21:19

One further point - the chairman Malcolm Groach is a Chartered accountant and he of all people should have realised the risks that shareholders were being contracted to underwrite both up to now and for the future. Had he the slightest doubt about Greenfield's success, he should have vetoed the joint venture.
If this turn out to be a failure, he personally will carry much of the blame.

[lopodop] 15/4/2021 21:18

One further point - the chairman Malcolm Groach is a Chartered accountant and he of all people should have realised the risks that shareholders were being contracted to underwrite both up to now and for the future. Had he the slightest doubt about Greenfield's success, he should have vetoed the joint venture.
If this turn out to be a failure, he personally will carry much of the blame.

[lopodop] 15/4/2021 20:32

Sage
Had the board the requisite expertise and experience, they would not have signed off on Greenfield in the first place.

[vauch] 15/4/2021 20:12

The pressure is now building on the SP, starting to look real hot

[thesageofsaint] 15/4/2021 18:04

Come on old chap. You like the rest of the inveterate TOM blinker brigade have been buying this dross for years. You and mugs like Vauch etc have an average in the multiple pence and prices that you will never see again. It amuses me that when the price notches a few hundredths of one pence you are all sanctimonious about your investment and my and other 'woke' TOM dissidents' apparent aberrations of judgement. You have all LOST your money. This is the only fact that is unequivocally true. You are all like chickens with no heads, muscle memory beings who only know that they have to keep on running around spiting self supporting nonsense, because to stop means you need to call it a day and accept the facts that stare you in the face. The next two sets of news: blah blah, 'test not as we would have hoped' and blah blah ' we intend to raise and consolidate the shares'. You heard it here:)

[stuart little] 15/4/2021 13:36

It's been a good week for the mutton headed chances so far....:-) news next week on production, followed by land deal, followed by increased production news, followed by FEED study....I think the mugs have a few good weeks to come.

[thesageofsaint] 15/4/2021 13:15

No I don't think he/she/it is referring to you. The 'stew' is meant to be aimed at me. I know he is rather illiterate and spells like a 6 year old, but he normally correctly uses 'Stu' when he/she/it refers to you. The suggestion is that some measly dead cat bounce will leave me bereft at missing out. FOMO is not a thing for a would be TOM investor who knows the score. Inexorable and inescapable long term erosion of value. Short term blips may help chancers like Rmart to escape every now and then but for most of you mutton heads the decline has already caught you and only time is required for complete suffocation. The story is the same. One of you suggested that I have some ulterior motive. Never any thanks for providing free sage advice. However, I will continue nonetheless.

[vauch] 15/4/2021 11:25

Time for the share price to find its new level .7 to .75

[stuart little] 15/4/2021 11:25

Me? Are you referring to me?

[vauch] 15/4/2021 11:24

Wilson I don't think a wee little drop matters as it is now on it way up

[vauch] 15/4/2021 11:22

And yet we have to still read a poster with an axe to grind.
stew the little looser.

[stuart little] 15/4/2021 11:03

8m buys whilst in auction. More lambs to the slaughter eh? More mug punters with £40k to spend?Sometime is going to have to try much harder, the tide is getting stronger.

[shaunx] 15/4/2021 10:09

And then there's you, with a hidden agenda.

[thesageofsaint] 15/4/2021 09:30

Here are a few digestible truths for you all, which should rightly dampen your recent hubris regarding these two RNS. Both are private punters, gamblers actually. One that is a serial loser in TOM and is a perfect example of the madness of doubling down on any gamble. The have lost hundreds of thousands and still will not leave the table. The other guy is just some trader like the rest of you, just he has more money. Just a proportion gamble given his means. They do not have any knowledge that you do not have. The later will be in and out if there is a profit the former is stuck to the bitter end. The only telling RNS would be if one of the 'city boys' invested, then you will know they news is going to be positive. But of course this has never happened and will never. This is just a classic Ponzi scheme that will go on and on. Why? Inexhaustible supply of mugs. Dear me!

[lopodop] 14/4/2021 17:56

Someone mentioned the non - execs. They may be concerned about the position but it is out of their hands.

Does not look good if they resign. So what can they do? Pray ?

[goulding1215] 14/4/2021 14:21

Thank you for info Damac. Much appreciated. A pity one of our Board members could not have tweeted that information. Incidently, what have the NED’s contributed to Tom to date?

[wilson2] 14/4/2021 13:07

Did you call yourself a Wally earlier rmart, the wind seems to have been taken from your sails

[damac] 14/4/2021 12:34

freedom97 #18507

It's the nature of the beast. If any investor/trader is looking to accumulate it is prudent for them to do so when there is no news meaning their shares can generally be accumulated at the price the wish to pay. Once they cross a reporting threshold they have to (or more often than not 'supposed to') submit a TR1. As we have seen many times before, there are traders willing to take very small percentages of profit.

[damac] 14/4/2021 11:35

All being well, the plant will be turned back on today and producing 250 barrels in a 12hr shift by next Monday/Tuesday.

[lopodop] 14/4/2021 10:58

Can't investors appreciate that this all about SB.

All TOM has done is to invest investors hard earned cash into an operation controlled by SB at a phenomenal cost to existing shareholders.

One thing that is consistent with TOM is the jam tomorrow MESSAGE. It is always nearly and nearly.

SB will look after himself and be ever grateful for TOM's cash.

[vauch] 14/4/2021 10:27

Hardly a big sell off. it allows the inpatient to move on.