Tomco Energy Share Discussion Threads

[rmart] 02/7/2021 07:29

Has the buyer for Petroteq and possibly greenfield just been dropped in there?

‘ A sample of produced oil is being shipped to a large oil refinery owned by a major US oil company for their evaluation later this week. ’

[devon12] 02/7/2021 07:28

A sample of produced oil is being shipped to a large oil refinery owned by a major US oil company for their evaluation later this week

[talais] 02/7/2021 07:24

Additionally, ore processed by the POSP from the Tar Sands II site, which is subject to the membership interest purchase agreement announced on 9 June 2021, has identified that it is of significantly higher oil saturation than originally thought.

[hotfinance14] 02/7/2021 07:18

One negative is they could not reach the 250 barrels per shift target.

[vauch] 02/7/2021 07:15

So at this time we are now out of the PQE site.
And getting on with the real work of due diligence of new site.
A load of positives for a change.
Higher grade and quality of our site supply.
good sand grit size.
It is a shame it has taken so long for a super positive RNS

[thesageofsaint] 02/7/2021 07:12

'Ever get the feeling you've been had'

[talais] 02/7/2021 07:11

Rns out.Looking good"Greenfield's focus therefore now shifts to completing the due diligence exercise on the Tar Sands II site and progressing the required funding package in order to pursue construction of the first 10,000 bopd facility. These are very exciting times for TomCo as we look to realise Greenfield's significant potential.

[lopodop] 01/7/2021 20:34

Jayneale
Ask yourself if you should trust the board. What evidence do you have for the part timers and JP. Look at the record so far.
Is there really any value in Tom apart from cash which may be consumed anytime soon.
The Directors can make and walk away with quite tidy sums - shareholders bits of paper of no consequence. If the Directors cannot tell investors what is going on draw your own conclusions and do not rely on anything the experts here tell you.
There is one person in overall charge with the technical abilities, credibility and overall goodwill to plan and execute the project. That person is not an employee of Tom and may be finding the joint venture agreement via Greenfield somewhat inconvenient and in need of revision.

[wilson2] 01/7/2021 20:25

Jaynealex , it finished and you know that !!!

[jaynealex] 01/7/2021 15:39

The Board of Tom have a great habit of creating a timetabled series of expectations ...and then when the date comes things go quiet leading to speculation

Has the POSP finished or is it continuing under Greenfield management ??

[jaynealex] 01/7/2021 15:36

BT ..we'd all like to know the answer to that one !!

[goulding1215] 01/7/2021 15:25

Good question Bungee, lack of news is my guess. Everything in News is in TOM’ favour, just get the news out directors.

[bungeetrader] 01/7/2021 15:13

If there is any truth in what has been posted here over recent days, why the friggin' hell is the share price at 0.55p???

[vauch] 01/7/2021 15:06

Wilson large company's buy up the likes of PQE as it offers a massive tax right off.
My co has a R&D as we claim 210% back,

[lopodop] 01/7/2021 14:57

Correspondents would do well to read up on 50 50 pArtnersips and the joys and foibles.

[talais] 01/7/2021 14:50

Oil flying $76

[talais] 01/7/2021 12:55

Oil @ $75 45

[wilson2] 01/7/2021 11:41

Those large buys are certainly taken up something, don't know what

[wilson2] 01/7/2021 11:19

Don't worry about wrong thread, they'll read it and totally agree with you, but there in it so deep clutching that piece of brittle straw is the hope that never comes

[thesageofsaint] 01/7/2021 11:13

Wrong thread whoops!

[thesageofsaint] 01/7/2021 11:12

The power behind the Tom throne must look at this thread and pinch themselves. They have got away with nothing short of robbery to the tune of tens of millions of pounds and yet you all still make up the future state based on absolute thin air. Not sure how much this is just self-supporting hope or knowing sheer lies and pied piper tunes from the likes of old man rfart, but to those eating from the gravy train you sure as hell give them confidence that there are enough fools around to keep this song and dance going forever. Takeover target, buying PQ, take offs, booms... the list of sheer nonsense is unremitting. No RNS today, so they must have handed the conveyor belt back. So now you wait for the placing to secure the land that your next year's dreams will be based upon. Just another £5m and 18 months wasted. Zero value or assets accrued and just time and dilution ahead.

[thesageofsaint] 01/7/2021 11:11

The power behind the Tom throne must look at this thread and pinch themselves. They have got away with nothing short of robbery to the tune of tens of millions of pounds and yet you all still make up the future state based on absolute thin air. Not sure how much this is just self-supporting hope or knowing sheer lies and pied piper tunes from the likes of old man rfart, but to those eating from the gravy train you sure as hell give them confidence that there are enough fools around to keep this song and dance going forever. Takeover target, buying PQ, take offs, booms... the list of sheer nonsense is unremitting. No RNS today, so they must have handed the conveyor belt back. So now you wait for the placing to secure the land that your next year's dreams will be based upon. Just another £5m and 18 months wasted. Zero value or assets accrued and just time and dilution ahead.

[jaynealex] 01/7/2021 11:08

DIY in the mid day sun ...not recommended !

[wilson2] 01/7/2021 10:33

One of those buys is a sell haha