Tomco Energy Share Discussion Threads

[wilson2] 28/8/2021 07:48

Because I want to

[shaunx] 27/8/2021 23:45

I'm just waiting here until I can figure what possible reason you are here all day every day for.

[wilson2] 27/8/2021 19:17

You have never ridiculed most of my posts because of my personal experience, but my gut feeling is you think wilson2 is right

[wilson2] 27/8/2021 19:02

So what's your plan then vauch , hanging around with no price movement for goodness knows when, or cash out with a loss and move to something with a chance of making a profit

[vauch] 27/8/2021 16:37

Non at all Wilson as well you know

[wilson2] 27/8/2021 16:10

What difference does oil prices have to do with Tomco?

[goulding1215] 27/8/2021 15:53

WTI creeping back to $70. $68.58.

[ducky fuzz] 27/8/2021 13:31

I don't think there will be any buying until there is news. Unless there is a leak.

[jaynealex] 27/8/2021 13:25

You'd expect some buying upto the RNs

[talais] 27/8/2021 13:14

Gone blue well done, lol who's next

[ducky fuzz] 27/8/2021 13:12

A million pound buy should shift the share price .. good luck.

[shaunx] 27/8/2021 13:10

I'm reading good news into this with regards to preempting finance approval. So going to pop in a £1mill top up.

[damac] 27/8/2021 13:06

Valkor using Greenfield on their own leases would also mean royalty payments due to Valkor on oil sold.

[ducky fuzz] 27/8/2021 13:03

I think this song perfectly sums up my current opinion.

There are more questions than answers. Johnny Nash.


Well worth a listen.

[damac] 27/8/2021 12:56

Ducky, yes they do have their own leases.

As I mentioned yesterday though, if Valkor/Tomco have one eye on a Greenfield or Tomco takeover by an as yet unknown party further down the line, then it is logical to fatten up Greenfield/Tomco for said takeover. Valkor using the CORT technology on their leases via Greenfield (where feasible) would put serious money on the Greenfield/Tomco balance sheets and reflect in the market capital. Valkor’s 29% of any sale could be massive if they choose run the workload through it.

[jaynealex] 27/8/2021 12:53

Yes Damac as I posted earlier Valkor want to act independantly ...they've obviously crunched the numbers and having their own leases , own plant , paying 2 m licence fee is more profitable than sharing 50% with Tom ...but for the work done so far , they hang onto 29% of Tom and participate in Toms future profits

Which obviously must add up to more than staying in the Greenfield JV

[ducky fuzz] 27/8/2021 12:50

I think Fenner's questions are reasonable. But I have seen him on other BB's with his negative agenda.

[ducky fuzz] 27/8/2021 12:49

It would not surprise me if TOMco got bid for AFTER the plant is up and running.

[goulding1215] 27/8/2021 12:47

Damac, Fenners is an arch deramper.

[ducky fuzz] 27/8/2021 12:47

I do wonder whether Valkor plan to go on their own and have their own Valkor
Oil Sand plants in addition to owning 29 per cent of Tomco.

Haven't Valkor bought additional leases.

[damac] 27/8/2021 12:46

You use the term “want out of Greenfield” where I see it more as ‘changing the method by which you benefit from a successful Greenfield’ 😉

[jaynealex] 27/8/2021 12:44

Plus at any time it would be very easy for Valkor to trigger a bid

All looks good for Tom ..I go into the weekend feeling more optimistic

[jaynealex] 27/8/2021 12:41

Which takes you back to why did Valkor want out of greenfield ...because they wanted the best of two worlds ...progressing their own leases and getting all the profits and getting 29% of Tom's profits as well