Tomco Energy Share Discussion Threads

[damac] 09/6/2021 16:25

Shaunx,

I'd say it is traders being spooked by the 'subject to funding' rhetoric as they just dump and bag a profit before even bothering to try and understand how any funding will be achieved. Tomco can't change that mindset and neither can they not include the 'subject to funding' in the RNS as it's a fact. It is a dangerous road for any company to go down if they were to state they were going to do something without pointing out that finance will be required.

[shaunx] 09/6/2021 16:13

I'm not sure why people are spooked by 'funding' in the RNS. Most importantly it is no longer for R+D or covering costs and I doubt it will be by way of a placing. It will however position us as a partner in an Oil producing company with decent turnover and huge prospects.

[damac] 09/6/2021 14:40

I would guess its lazy research Busa.

[busamitch] 09/6/2021 14:28

Is that a misplaced or lazy cut/paste Quadrise comment from the Proactive article?

"The operation in Utah is part of a project that’s being advanced by the Greenfield Energy LLC joint venture company, which comprises Valkor LLC and TomCo. The pilot utilises a plant owned by Petroteq Energy and includes technology licenced from Quadrise Fuels International."

[canny lass] 09/6/2021 14:05

Hope so rmart. Frustrating seeing the recent gain wiped back.

[rmart] 09/6/2021 13:31

Are we done with the drop?

[parsons4] 09/6/2021 13:19

Put another order on, can't seem to pick up 750k at .73p

[busamitch] 09/6/2021 13:01

Yes, Tar Sands II took it over.

[rmart] 09/6/2021 12:59

7 yrs old that

[busamitch] 09/6/2021 12:59

Crown Asphalt Ridge LLC (Sept 2012) Production Run - Day 6

[cheshire2] 09/6/2021 12:50

not up to date but a bit of background

[rmart] 09/6/2021 12:30

I was just wondering who these guys are and why they are in the RNS?. Maybe Greenfield are using these guys to raise the funds?

The land is not owned by them at all, it is owned by TSHII.

[busamitch] 09/6/2021 12:23

Yes, there is lots of kit there and I read somewhere its all mounted on skids to keep it modular and moveable. Surely the FEED must take this into account.

Dunno about the condition, of course.

[cheshire2] 09/6/2021 12:18

The Site has existing infrastructure, plant and equipment, together with an existing Large Mine Permit No. M0470032,

Could be as with petroteq that an upgrade may be possible and be producing earlier than first thought and at less cost ???

[hotfinance14] 09/6/2021 11:18

Greenfield have given Quadrise a proviosionsl date for them to receive the samples.

[damac] 09/6/2021 11:14

With regards to initial quality of the oil produced at POSP, samples were tested at a Salt Lake City facility to confirm that the oil was:

1. A heavy sweet crude with a 13-14.5 API
2. Sulphur content between 0.2-.04%

The low Sulphur content means that the oil is already compliant with the IMO 2020 regulation and suitable for use as marine bunker fuel for which it can command a premium price.

The sample analysis enabled George Stapleton to announce the above oil qualities in a recent interview that can be heard via the link in the header of this thread.

[kemche] 09/6/2021 11:11

A strategy to play a rmart stock - be early but for gawd's sake leave even earlier.

[rmart] 09/6/2021 11:09

10bagged at rms dumchee, any way my bit of fun playing with the numpties must end here. You should team up as a chuckle brothers tribute act. Ta ta.

[kemche] 09/6/2021 11:08

A record the envy of TOPS from whom the mantle has been passed to a worthy successor.

[rmart] 09/6/2021 11:08

£180 m wilson, still waiting ???

[kemche] 09/6/2021 11:07

EVERY single one a winner - how is that even possible?

CRCL and RMS the most recent winners of course.

[wilson2] 09/6/2021 11:04

All these dream like plan's producing thousands of barrels of oil , but still not bothered to have a sample tested, says it all really

[damac] 09/6/2021 11:00

Vauch9 Jun '21 - 10:20 - 19995 of 19996

Have Quadris now been pushed aside?


The equivalent of 4 barrels of oil for analysis in the Quadrise lab is either:

a. Still in the process of being consigned.
b. Still in transit to Quadrise (by boat).
c. Been received by Quadrise and undergoing analysis.


However, none of the above should be taken as an indicator that Greenfield will choose to move forward with MSAR after analysis of the samples.

[rmart] 09/6/2021 10:46

Ask wilson! Lol.