Tomco Energy Share Discussion Threads

[rmart] 24/6/2021 12:33

The oldest and truest rule of thumb in the oil industry is that oil reserves in the ground are worth one-third the current market value.

[mikecoster] 24/6/2021 12:28

How much is oil in the ground worth these days.

[lopodop] 24/6/2021 12:11

Also consider Valkor's position within Petroteq. If Petroteq is acquired, Valkor may have little option other than assist in ditching its 50% partner. After all what has Tom contributed but cash. Is Tom sufficiently able to handle this sort of challenge?
Given investors's views as expressed here, it is doubtful. Also with board having recent options they could depart Once share value has been boosted - to look after other interests.

[goulding1215] 24/6/2021 12:01

§rmart did you mean a Ned or a nerd?

[vauch] 24/6/2021 11:16

Thanks Rmart but i don't think I would fit in

[hotfinance14] 24/6/2021 11:09

Excellent post Goulding.

[jaynealex] 24/6/2021 11:07

Similar to yesterday , if it moves upwards at 2.30 it's Def the yanks waking up to the possibilities

The movement upward early doors just reversed the UT trade

[wilson2] 24/6/2021 10:30

Why do you keep selling if you are so confident they are going up to 5p?

[rmart] 24/6/2021 10:22

lol, you dont work for the company vauch, ask to become an ned and you will get some.

[vauch] 24/6/2021 10:19

Why where are my option that i do not have to pay for?

[rmart] 24/6/2021 10:17

yes, nice options, but we all have the chance to join in at this low price.

[rmart] 24/6/2021 10:16

yes but at 5p each i think vauch.

[vauch] 24/6/2021 10:14

Dont forget they have more options.

Following the above grant of Options, the total number of options outstanding over unissued Ordinary Shares is 107,865,078, representing approximately 7.43 per cent. of the Company's issued share capital.

[ajj2003] 24/6/2021 10:13

Nice incentives if you can get them ;)

[rmart] 24/6/2021 10:09

When (not if) this hits just 2.5p, JP on paper becomes a millionaire!

That is why it will get there and further.

[ducky fuzz] 24/6/2021 10:02

Online 0.575p sell and 0.583p buy.
So 0.583p sells are buys.

[rmart] 24/6/2021 10:01

buys now in the sell column ! lol... come on mms.

[lopodop] 24/6/2021 09:38

Goulding1125
You state Valkor are doing a good job. Can you substantiate that? Could they be holding back?
In fact have they been holding back?

[goulding1215] 24/6/2021 09:29

A lot of jousting going on from the arch-liar, ace venrura,

So, here is my view, reasons to be cheerful, going back to the last massive fundraising:-

1. At that time oil was about $40 or less. Today it is $73 pbo. More than doubling any profit, makes the placing look smaller.

2. We didn’t know that the sand can be sold at about $15 a ton, which almost covers production costs. So selling price of WTI will be about $70 pho, plus maybe a premium because it is clean. So, the selling price of $70 pho, which is all profit, against $20 profit before as envisaged as Greenfield was born.

3.so approx in today’s figures, who knows what will happen over the next 2 years, $50 pho better off. $500,000 per day on selling a 10,000pbo plant. Probably about an extra $150, 000,000 profit per annum

4. The land for production is being bought, well, a down payment, anyway, saving $318,000,000 over 20 years. So add $30,000,000 to the 150 min.

5. PreFeed should be out end of this month /beginning next.

6.our partners Valkor doing a great job with their engineering experience

7. Oil going to Quadrise to see if it can be further cleaned to fetch a higher sell price for the oil. Make your own judgement on that. Quad rise shareholders say it will, I am neutral on that

8.no placing required, a key point for most small-time investors

9.original cost of the plant was $180,000,000. Now the estimate is $110,000,000 AND that includes buying the lease. That is about £80,000,000.

10. Our BOD, after awarding themselves the warrants for overseeing the share price go from the placing of 0.0045 to .0054, they may take an interest and keep shareholders updated. Well, they couldn’t do worse than last year could they?

11. Last but not least, rmart is back in. His post on a take-over not beyond the realms of possibility.

I realise all my figures are conjecture, but you can only go on current prices, and all the portends for oil are bullish.

So, I can’t think of a good reason to sell unless you are looking to buy a ticket back from Portugal

Reason not to be cheerful

1. England playing Germany in next round. Maybe, maybe, this time.....

Good luck all shareholders of TOM shares aimho

[rmart] 24/6/2021 08:33

busted flush, promised and could not live up to it, you are done. A fake, A liar, OK?