Tomco Energy Share Discussion Threads

[jaynealex] 27/5/2021 09:46

It sounds ridiculous but you just have to look at the history

Fingers crossed this is the one

How many times have I said that to myself !

[ducky fuzz] 27/5/2021 09:45

Hi damac .. do you think the 3rd party purchase of PQE is good for TOMco / Greenfield.

[rmart] 27/5/2021 09:44

they wont be happy as the tom share price is increasing ! lol.. :-)

[damac] 27/5/2021 09:41

Ducky,

Read the RNS again.

The FEED has either been completed or not, George needs to make his mind up.

The by-product sand has either been evaluated or it hasn’t, George needs to make his mind up.

But then George has been in a rush to get news out to further support the interest of a 3rd party. I know that Valkor/Tomco/Greenfield will not be happy of George running his mouth off out of turn.

[goulding1215] 27/5/2021 09:40

Ducky, what has JP achieved in trouble-shooting?

[lopodop] 27/5/2021 09:22

How is Tom's business relationship with Valkor? Does any one know?

[damac] 27/5/2021 09:18

Oil be there #19169

Yes, that is correct. A more accurate and factual RNS will be forthcoming from Tomco.

[ducky fuzz] 27/5/2021 09:15

Hi d .. what has he got wrong please.

[oil be there] 27/5/2021 09:14

Well from the PQE news it's quite clear that a great deal has been achieved. I would also have expected some update with last RNS but DOGM reversal decision was received late in the day & GS can obviously write quicker.

[ducky fuzz] 27/5/2021 09:07

g .. I do think that JP is good at the troubleshooting, hands on getting the project moving side of things.

[goulding1215] 27/5/2021 09:05

I say it again TOM CEO unfit for purpose.

[wilson2] 27/5/2021 09:05

It's amazing that oilbethere knows so much what's going on, and his demands that tomco will reveal all to him because he demands it, who the hell do think you are ?

[goulding1215] 27/5/2021 09:04

Ducky you took the words out of my mouth.

Ducky Fuzz27 May '21 - 08:49 - 19166 of 19169
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oil .. I don't think the company do clarification. They prefer to focus on silence



I don’t think there was any information in that press release, Details about which TOM were not aware. Which confirms Ducky’s words.

[ducky fuzz] 27/5/2021 09:04

oil .. I cannot understand why there was not an update on progress with the last rns.

Just a simple statement of what they had achieved and what they were planning to do. Not much to ask is it.

No news = we haven't achieved anything.

[oil be there] 27/5/2021 08:56

Hopefully that will soon change & as Fishy said yesterday I expect a full project update in the near future covering all the progress made over the last few months. Posp has obviously overcome a few obstacles but it seems now it's full steam ahead.

[ducky fuzz] 27/5/2021 08:56

I feel a lot better after this most recent RNS .. My glass is once again half full.

[jaynealex] 27/5/2021 08:54

All this positivity and we're still at half a penny !!

So frustrating !

[ducky fuzz] 27/5/2021 08:49

oil .. I don't think the company do clarification. They prefer to focus on silence.

[oil be there] 27/5/2021 08:47

I can't find it anywhere but Iam sure that's the case but it would be good if clarified by the company

[ducky fuzz] 27/5/2021 08:43

Hi oil .. has that been announced yet. If not are you sure.

[oil be there] 27/5/2021 08:39

My understanding is that any cash generated from during the trial goes to Greenfield. So a ramp up in production could add a nice bit of extra cash

[goulding1215] 27/5/2021 08:30

All good news from Petroteq, re TOM’s lack of any news. Once the 5000 bopd plus sand is running, who gets the cash from sales?

[the diddymen] 27/5/2021 08:29

PQE, net assets but no cash (and an eye watering retained defecit). PQE appear to be illiquid and finacially exposed. Why bid?

TOM issue RNS re licence, but no update on operations, nor reference to PQE approach. Bizarre.

Delays must have increased cash burn.

Plenty of scope to take terminal risks here!


TD

[ajj2003] 27/5/2021 08:18

Looks like they put the enforced stoppage downtime to good use with the trial solids processing unit integrated. This is the last part of the data collection before they switch focus to production. Game on ;)

The POSP was able to integrate a trial solids processing unit into the process stream during the time that processing operations were on hold, and that unit is now undergoing testing. With this trial, the collection of test data, to better inform the design of the Company's proposed first 5,000 barrels per day ("BPD") commercial production train, is now essentially complete.