Tomco Energy Share Discussion Threads

[stuart little] 04/6/2021 11:59

We chastise the board for lack of PR but maybe keeping under the radar for as long as possible is a cunning plan. Imagine a 2p offer coming along now, roughly £35m, due to Tomco's drum banging? Many would feel robbed should the large shareholders ratify the deal.

[jaynealex] 04/6/2021 11:44

Rmart calculate the NPV using a cost of capital interest rate and say life of a lease resource or keep it simple just do ten years

[vauch] 04/6/2021 11:26

Taking a low end profit of
$20 for oil
$12 for sand

On a 10k a day that's still $300.000 a day
With a 300 day year $90 mill profit

[vauch] 04/6/2021 11:21

You can see why someone wanted to gather 200mill PQE on the quiet. then turn to hostile take over.

[palace pete] 04/6/2021 11:19

Thanks Damac

[damac] 04/6/2021 11:16

Hopefully a strong day for PQE when they open will push our share price north of 0.75 and close above it.

[damac] 04/6/2021 11:08

rmart,

I calculate it as a 10,000 bopd production on 300 days up time per year being 18.3 years production from site being looked at.

[damac] 04/6/2021 11:00

Yes, Mike. The Tomco leases are more suitable for Turboshale, where as the CORT technology requires near surface mining for sustained production runs and reduced production costs.

[rmart] 04/6/2021 10:55

Bloomin eck Damac, If they can confirm they have that in an rns it would give a real boost. Know in TOM bod they wont do it then ! lol....

[mikecoster] 04/6/2021 10:55

That leaves plenty to develop Turboshale, we are due to hear about this year.

[damac] 04/6/2021 10:54

Palace Pete,

They do have their own leases but they apparently do not have adequate quantities of near surface mine-able resource.

The site they are looking at using has the equivalent of 55 million barrels of oil in near surface mine-able resource.

[palace pete] 04/6/2021 10:50

I thought Tom had their own leases or are they no good for tar sands???

[freedom97] 04/6/2021 10:49

Yes, excellent interview. I note that so far it's had 712 views.

[36jay] 04/6/2021 10:49

Tom will go crazy soon.Rumours of take over by PQE.Time to grab what you can.

[busamitch] 04/6/2021 10:48

"Re: Petroteq Processing Activity for the Week Ending 29 May 2021"

[rmart] 04/6/2021 10:45

Damac, how do you asign an share price to those figures? It is pretty ridiculous really. Im not even going to write it because it is far too crazy.

[damac] 04/6/2021 10:43

5000 barrels of oil per day @ $45 profit = $225,000

5000 tonnes of frac sand per day @ mid price of $55 = $275,000

2000 tones of construction sand per day @ mid price of $14 = $28,000

Profit per day = $528,000


Assuming a pessimistic plant down time of 2 months per year for maintenance etc.....

300 days production returns $158,400,000

5% royalty due to Petroteq per year = $7,900,000

50% profit attributed to Tomco = $75,050,000 per year.

[busamitch] 04/6/2021 10:39

.....and GS mentioned Tomco & Valkor & Greenfield. Upgrade costs to be repaid. And tremendous "bang for buck" return on licence cost.

[rmart] 04/6/2021 10:38

just 1 lease jaynealex, that is all we need for now. 1 lease with 35m barrels will give $150m+ profit per yr for 20 yrs.

JUST 1 LEASE TOMMY !

[36jay] 04/6/2021 10:38

Tom What a opportunity.Too much going on and crazy cheap.Screamingly buy opportunity at this level.Investors adding up.

[jaynealex] 04/6/2021 10:35

Brilliant interview , at last coverage for Tom ,Valkor and Greenfield

Valkor have already bought their own leases ...we need to see Greenfield getting their hands on leases now !

[rmart] 04/6/2021 10:35

ha ha, one plant will put the share price at ???

basing this on the $25 production cost we would be making approx $100 per barrel profit.

1.5 tons of frac sand at $40 per ton = $60
1 barrel of oil $65

$125 in, $25 out in costs.

Less the royalties of course. but even saying $90 profit x 5000 $450k per day or $164m per yr.

SP please?

[ajj2003] 04/6/2021 10:30

Do you want to borrow some more fingers rmart for multiple plants ;)

[damac] 04/6/2021 10:30

From the interview...


Sand

Roughly 1.5 tonnes of sand produced per barrel of oil produced.

A 5000 bopd plant will produce roughly 7,000 tonnes of sand per day.

70% of sand produced will be suitable for frac sand use.

Frac sand @ $46-60 per tonne

Construction sand @ $12-15 per tonne.


0il

Sweet heavy oil with 0.2-0.4% Sulphur content

Expect close to $65 per barrel produced.