Tomco Energy Share Discussion Threads

[the diddymen] 23/6/2021 19:56

If they did no problem Reichsmart - eh.

[jaynealex] 23/6/2021 19:52

For the controlling interest there will be an element of the time value of money , what will you take in your hand now , versus sitting tight for years and taking dividends

[jaynealex] 23/6/2021 19:48

Fenners , on the FTSE 100 , yes a small premium.

This is aim with a company on the cusp of proving a ground breaking technology , with a multi site licence to use it

With plans to build sites and go.into.oil production

No one would get this for a 30% premium

I have to admit the share base may have a lot of people willing to take , 2 , 3 ,, 4 , 5 p ..
It's true worth if Greenfield got multiple sites up and running at 10,000.brls would be way north of 5 p

So any take out has to recognise the future potential but take into account we're not there yet

Any takeout and it's price will depend on the objectives of the majority shareholders who control this company

[rmart] 23/6/2021 19:48

And you can’t take over a company and void an existing deal, idiot

[rmart] 23/6/2021 19:44

I said they could buy the whole of Tom for 5p or less. Maybe a lot less depending on news flow.

Are you suggesting that a company wanting to take over the whole of Tom could do so at 0.8p per share. ? Tom can do 30% on 50m volume, surely you get that??

[rmart] 23/6/2021 19:41

Where have I suggested 1000% ?

[rmart] 23/6/2021 19:40

No, they employed botchit and scarper lawyers ffs,, you people are dragging the depths of desperation now lol.

[fenners66] 23/6/2021 19:32

rmart you are suggesting a takeover at about 10x the current market price.....

Whilst takeovers usually come at a premium to current share prices a mark up of around 30% on average , not 1000% !

I'm sure every company on every market would be available for 10x the market price.... pure fantasy.


More likely (!?) someone takes over Petroteq and claims a change of ownership voids the deal with Greenfield.... than a fantasy 1000% profit

[lopodop] 23/6/2021 19:21

Rmart
Would you really pay for 50% if you did not have to? Smart US lawyers would see to that.So a valuable agreement becomes next to worthless. Who wrote the agreement and then over viewed it having regard to Tom's circumstances?

[lopodop] 23/6/2021 19:21

Rmart
Would you really pay for 50% if you did not have to? Smart US lawyers would see to that.So a valuable agreement becomes next to worthless. Who wrote the agreement and then over viewed it having regard to Tom's circumstances?

[rmart] 23/6/2021 19:12

WILSON2 I know you won’t buy as your benefit money is needed for Heinz beans etc, I will be buying more in the morning, give me a number between 1 and 1.2m and I will show you im genuine. You decide. I know, you know I know, and I know that you know that i know :-)

[rmart] 23/6/2021 19:09

TomCo own 50% of greenfield, how on earth could a takeover not benefit tomco? What an absolutely stupid remark!

[rmart] 23/6/2021 19:07

Lopodop, you are now sounding very silly.

[wilson2] 23/6/2021 18:41

You know rmart I may just do that , 15% rise in 4 hours, something going on!

[rmart] 23/6/2021 17:46

Not mood swings ducky. Price swings.

[ducky fuzz] 23/6/2021 17:40

rmart .. you have more mood swings than ....

[ducky fuzz] 23/6/2021 17:36

Busa .. Greenfield should go.

[rmart] 23/6/2021 17:36

TAKEOVER INCOMING?

I have had a long think about these options and the rns tone of late. Firstly, a lot of people have been puzzled as to why Petroteq are screaming from the rooftops about the success of the plant and Tomco have said zilch and have even tinged every rns with some negative comment.

Well now we all know why. It would not have benefitted the directors to be as upbeat as Petroteq and see the share price rise to 2p - 3p - 4p as they would have had to award themselves the options close to the current share price at the time. So now we have the options done, and only 90m shares which is only 6% of the total shares in issue. It is out of the way now.

These options IMO will only be taken up by the directors on a buy out. So they get the max benefit without having to lay out the cash for more than a few days. They will not take them before a takeover happens because in reality they could not sell them. How would that look to shareholders? A director taking options and then selling them straight away? Not good. That imo is why they have a long date on them. To ensure they have the right to them when a takeover comes.

Tomco and Valkor (Greenfield), will not be around long with that multi site licence in place. Once they get the first plant built and producing a few thousand barrels per day a real serious big player will want that licence. IMO it will not be long before a deal is done. It may even already be on the cards and that could be another reason for the options issue.

We know someone is after petroteq and a they are struggling to get the required shares. They could take the whole of tomco out for probably under 5p per share simply by buying in the market and then make an offer for the other 50% of greenfield to Valkor. 5p for tom would only be around £85m with the options and in reality it would be much less if they start buying now.

What to look forward to now ? Well we know the plant test has been a success and we know we have the pre feed study to come out. This will give real figures on production costs and sales revenues for oil and sand. We also have the MSAR trial which imo will be done in UK only. I cannot see a reason to fit the msar equipment to the plant in Utah as it will only test the same oil as is being sent over to the uk. We also have the land deal to finalise and the plant finance to close on.

A very well informed poster on this site has told us that there is to be no placing to finance the land deal. The cash required is being factored into the large plant finance and the company have stated they have enough cash for 12 months.

I asked why then did they mention raising funds in the results rns. Well, see above for the reason for that. It got the share price down on the option issue date.

I am now expecting some company promotion via various sites such as proactive, maybe some interviews with your Zak Mir's , Katy Pilbeam's etc etc and a much more positive flow of rns statements.

We are dealing with AIM. Its what goes on ! DYOR etc.

[talais] 23/6/2021 17:25

https://twitter.com/PetroteqEnergy/status/1407733426615107589

[busamitch] 23/6/2021 17:17

"Petroteq Energy Inc.
@PetroteqEnergy
At Petroteq, our mission is to put the environment first. By producing heavy oil without any significant waste, emissions, or water use, we are committed to leaving our planet in a better state than we found it. Learn more about our mission:"

They should go here tomorrow:



"Welcome to the Innovation & Investment in Energy Summit, a senior-level forum for those changing the face of the global energy sector. As the energy industry accelerates towards a lower carbon future what will the energy mix be and who will finance the changes? What innovations will speed up the track to net zero?"

[jaynealex] 23/6/2021 17:10

Yes closing UT trade took it down , to guarantee we open blue tomorrow

[talais] 23/6/2021 17:04

8% open tomorrow