Tomco Energy Share Discussion Threads

[vauch] 05/6/2021 20:12

Their was also a reference about if Greenfield ran the plant they keep the profits to pay back Tomco

[ducky fuzz] 05/6/2021 20:10

If we stayed the extra 6 months would it delay our new plant by 6 months.

[damac] 05/6/2021 20:09

Six and half a dozen Ducky, both options have benefits. 🤷🏻‍♂️

[damac] 05/6/2021 20:08

From the RNS....

“In addition, Valkor, on behalf of Greenfield, is currently in discussions with the landlord of the POSP site to seek an extension to Greenfield's lease for a further six months from 1 July 2021. Should an agreement be reached, Greenfield would then intend to continue operating the POSP for as long as necessary in order to provide an appropriate demonstration site for potential funders of the planned future commercial scale plants.”

[ducky fuzz] 05/6/2021 20:07

Which option is best .. Can we do both.

[damac] 05/6/2021 20:05

That’s still to be determined Ducky. If suitable terms are agreed for the extension currently being discussed (as per the last RNS)they have 2 options, stay on POSP until the end of the year and generate some income. Or, if they have satisfied potential lenders by demonstrating the plant until the end of June, they could if they wish, just hand the keys back to PQE and go off and crack on with their own plans for their own site.

[ajj2003] 05/6/2021 19:53

Thanks damac most appreciated and more for the kitty like you say. Onwards and upwards ;)

[ducky fuzz] 05/6/2021 19:53

damac I thought Greenfield did not want the extension.

[damac] 05/6/2021 19:50

AJJ2003

Just divide the 5000 bopd calculation fro the other day by 10 for the 500 bopd. Without scrolling back I think it would then be about $27k per day before any split, but then I would expect all money generated to stay within Greenfield for now. Unless Greenfield decided to payback some of its $2m loan from Tomco.

[ajj2003] 05/6/2021 19:09

Whilst we are playing with numbers, has someone already calculated what it is worth to the share price for 6 months plant operation at 500 bpd if the plant is operating 24/7 with 50/50 split .

Will not be massive but every little helps alongside the landmarks over the next few months. Thanks

[ducky fuzz] 05/6/2021 18:59

I'd like to see some pension funds buying our shares on the open market.

We are a green company which makes us more attractive.

[jaynealex] 05/6/2021 18:52

Key now is to start tying up some leases

Assuming it all works to the 5000/10000 bopd and finance is available , it's the leases in the bank that are going to add share price value

Someone like BP could come in , pay a 50% premium on leases in Utah scooping up all those available , then turn to petrotech and greenfield and say ...want to play / talk

[ducky fuzz] 05/6/2021 18:48

Hi damac .. warrants likely to be taken up .. under 1p ..

8m plus 4m plus 187m plus 388m plus 46m = 625 million shares likely to be cashed
if the share price goes over 1p.

[lopodop] 05/6/2021 18:43

The chairman is an entrepreneur and could already be steps ahead in finding purchasers for TOM's 50% interest in GF - which could explain the recent Board severance with one Director. Interesting times!

[damac] 05/6/2021 18:41

Ducky,


Outstanding warrants (in order of expiry)


Turner Pope - 771,429 warrants at an exercise price of 3.5p for a period of 2 years from 14.08.19 - Potential value to Tomco = £27,000

Turner Pope - 8,538,462 warrants at an exercise price of 0.65p for a period of 2 years from 04.12.19 - Potential value to Tomco = £55,500

Whoever took part in placing - 71,153,846 warrants at an exercise price of 1.5p for a period of 2 years from 04.12.19 - Potential value to Tomco = £1,067,307

Turner Pope - 4,125,000 warrants at an exercise price of 0.4p for a period of 2 years from 08.07.20 - Potential value to Tomco = £16,500

Whoever took part in the placing - 187,500,000 warrants at an exercise price of 0.8p for a period of 2 years from 08.07.20 - Potential value to Tomco = £1,500,000

Whoever took part in the placing - 388,888,888 warrants at an exercise price of 0.9p for a period of 2 years from 30.11.20 - Potential value to Tomco = £3,500,000

Novum Securities -46,666,666 warrants at an exercise price of 0.45p for a period of 2 years from 30.11.20 - Potential value to Tomco = £210,000

[damac] 05/6/2021 18:39

jaynealex,

Yes, Greenfield have a multi-site license which means that only royalty fees will be applicable to any plant built.

[tom111] 05/6/2021 18:39

Yes issued to trade at above .9 but would they really trade them in with so much to come

[ducky fuzz] 05/6/2021 18:23

jay .. are you aware that should TOMco rise above 1p then 705 million warrants
come into play giving us 2,156,759,081 shares in issue. DF

[jaynealex] 05/6/2021 17:51

Damac , was I correct in stating Greenfield , because of its work to improve the IP , has a licence to use it on future plants at the cost of the 5% royalty fee only

Whereas Valkor has to pay 2m and the royalty fee on any plants built

And 3rd parties would have to negotiate their own deal.

[jaynealex] 05/6/2021 17:42

Well DF ... Damac in post 19770 said he expects double digits share price on just the one lease

Greenfields ambition must be for multiple leases and plants

Let's hope there's more like me and Damac if a cheeky bid comes in

You have to grasp the numbers

Assuming we get our first lease , our first finance, build a plant and get the oil flowing !!. 5000 / 10,000 BOPD !!

As Damac said we shouldn't be entertaining or listening to any bids till we have our first plant flowing ...at 5000 / 10,000 bopd

What price then Ducky !!??

[tom111] 05/6/2021 17:35

Im investered here as well,had to lol

[ducky fuzz] 05/6/2021 17:29

Nice thought jay but 23p is a little bit too high in my opinion. But good to dream. DF

[ducky fuzz] 05/6/2021 17:28

Hi Tom .. you should invest in errrrr TOM ..

I can only really invest in one share and I am really happy to be in this one share.