Tomco Energy Share Discussion Threads

[lopodop] 14/7/2021 14:02

Wilson2
Market must be anticipating placing. TOM's 50% GREENFIELD unlikely to produce cash flow for how long, if it ever does, unless there is some sort of deal.
Therefore placing has to be for a significant amount - may be last chance in view of previous placings. Then off goes TOM to RF - oh dear more of the same - certain uncertainty - but more pay for the board.

[wilson2] 14/7/2021 12:05

A lot of those buys are sells

[busamitch] 14/7/2021 07:57

13/07/2021 11:30pm

Bailey (+578480), Blyumkin (+578480) and Fuller (+228668) all increase holdings at Petroteq.

[lopodop] 13/7/2021 20:40

If the board do not show any positivity/enthusiasm, how can investors expect this share to lift.
Realistically, whatever may be said under the auspices of Valkor and Petroteq, which is generally structured, positive and purposeful, investors in Tom can only cogitate about what might have been and when the next placing is scheduled.
UK business management cannot match their US counterparts.

[talais] 13/7/2021 16:46

https://twitter.com/ZacksSmallCap/status/1414657057911971845?s=20

[lopodop] 13/7/2021 10:11

Minja19
Well done.
If each member of the Board purchases shares say £2000 each this morning, what difference might this make to the share price.
If they do not, surely it isn't because they do not have the cash. In fact Groat invests in other companies of which he is director for example.
Logically their unwillingness sends out a very clear negative message so what makes investors take the plunge. It seems wholly illogical!

[minja19] 13/7/2021 09:51

bought a few more this morning

[goulding1215] 13/7/2021 09:06

The Valkor engineers are now carrying out DD on the new Greenfield lease having left the Petroteq site. There may be engineers on the Petroteq site, but not announced.

[busamitch] 13/7/2021 08:59

Someone is running it....I thought the consensus was Valkor, not Greenfield.

"We are excited ‎to continue to develop our technology and commence consistent commercial production at our plant".

[goulding1215] 13/7/2021 08:40

Since Valkor engineers left the Petroteq site site, I don’t think anyone is around to run it.

[lopodop] 13/7/2021 08:30

DF
Petroteq and Valkor are led by pros in their field and they know how to market and play the game.

Comparing that to TOM which has a skilled catering pro and a couple of accountants with no apparent Pr acumen, can investors expect a great deal other than uncertainty which is what they seem particularly expert in.

Realistically investors do not have trust in the Board's ability.

[vauch] 13/7/2021 08:24

They will be in the background, slowly slowly catchy monkey.

[ducky fuzz] 13/7/2021 08:20

You can see why so much positive news is being released by Petroteq .. they had
no cash and needed to raise money.

Wonder what has happened to the mystery PQE buyer.

[ajj2003] 13/7/2021 08:15

Petroteq Energy Inc.

FEED Study Under Review with Third-Party Verification Firm.

Data of Newly Installed or Modified Equipment under Operational Conditions & Testing of Different oil Sand ore and Solvent Concentrations with Various Residence Times.

[busamitch] 13/7/2021 08:06

Petroteq Announces Equity and Debt Financings, Including Investment by CEO

[lopodop] 13/7/2021 07:53

Goulding1125
Having TOM's 50% passed on could be the Board's preference. Do remember who holds the cards - TOM has but little sway - SB IS THE CHIEF - and investors would do well to remember that. TOM hangs on by its fingernails and the board need skill and perception to handle this for the benefit of shareholders. So far investors seem unimpressed! What now ???

[goulding1215] 13/7/2021 07:41

You would have thought so DF, and the Utah government are well up to speed with Greenfield.

[ducky fuzz] 13/7/2021 06:39

Plus the process is so green, must appeal to the Biden government. DF

[goulding1215] 13/7/2021 06:19

Once the FEED and Finance are announced by Greenfield, then Greenfield could be an attractive acquisition or TOM on its own for a major oil company. Aimho

[goulding1215] 13/7/2021 06:14

U.S. Oil Industry Sees More M&A Dealmaking As Prices Rise

The strong rally in commodity prices and the recovery in share prices in the second quarter of 2021 marked the return of many energy mergers and acquisitions in the U.S. upstream segment, with quarterly value sitting at its highest since the second quarter of 2019, energy data analytics company Enverus said on Monday.

Following a timid start to 2021 in the first quarter, the pace of U.S. oil and gas deals surged in the second quarter. More than 40 deals were announced between April and June, for a combined total value of $33 billion, Enverus said in a report.

“That is the highest quarterly value total since 2Q19, which included Occidental Petroleum’s historic buy of Anadarko Petroleum, and is tied for the most announced deals above $1 billion since 2014,” the energy data analytics firm said.

[lopodop] 12/7/2021 16:09

Hotfinance
TOM has many defects. The quality of the board is surely high on the list.

[palace pete] 12/7/2021 15:21

Tom has Tomorrow in it always mañana.

[hotfinance14] 12/7/2021 13:21

When they have material news we will be updated.

[ducky fuzz] 12/7/2021 13:15

4 weekend days ...