![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tomco Energy Plc | LSE:TOM | London | Ordinary Share | IM00BZBXMN96 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0275 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Drilling Oil And Gas Wells | 0 | -2.35M | -0.0006 | -0.50 | 1.07M |
Date | Subject | Author | Discuss |
---|---|---|---|
13/9/2021 11:08 | The ramblings of the deramp gang is in full swing this morning. However no one is taking any notice of them on the darkside. Their cover is blown, far too much made up nonsense over there. You only have to look at their posting history to see the agenda. They are no longer relevant. | rmart | |
13/9/2021 11:02 | rmart - I see you play the man not the ball. Just stick to the explanations of the company and its finances / prospects , if you have a company with all the answers you will do well. I ask questions and likely I will do more research to find the answers than most "investors" here... As for the licenses renewal cost - I have not found that or the itemised costs of the licenses, what I thought was the cost , is the Red Leaf cost of license their tech. The exploration license cost is buried in the £8m + Oil and Gas development licenses. Strange that the 2019 results suddenly included details of licenses that included one with less than a year to run.... | ![]() fenners66 | |
13/9/2021 10:36 | TD Quite right. The Directors will not jeapordise their personal positions. So TOM will be funded properly to meet all their and TOM's legal obligations; investors must wait for relevant news. | ![]() lopodop | |
13/9/2021 10:34 | thankfully no one is listening to the drivel on here. All buys so far. You have ZERO effect as everyone just needS to look back at your posting history to see your agenda. PATHETIC. | rmart | |
13/9/2021 10:27 | No one has explained .... Why or How Tom got themselves into the arrangement paying now $300k for the "option" to acquire the leases that had been up for sale since 2016. If there was such a demand to buy them someone would have beaten them to it already. Petroteq have been quoted as a potential acquirer , but they have not got the cash. Why did Petroteq get involved with Valkor ? Because they needed the help and the money ? Why did these two get involved with Greenfield and Tom ? Seems to me that works on the basis that they both needed someone else's cash and perhaps Tom needs a distraction from RF which they have mothballed. The plant on Asphalt ridge did not make any money and the current owners of the land have not restarted using it. So WHERE is the competition that means the option was necessary? Now they have spent the $300k it seems they are now committed. All the talk was secure the funding , then buy the 10% Now the other board is saying buy the land and then see if the funding can be secured after , a view that everyone agreed would not make sense, until it becomes obvious that the funding will not be secured until "perhaps" the end of the year. Fan boys moving the goalposts instead of scrutinising their "investment"... We'll see.... | ![]() fenners66 | |
13/9/2021 10:20 | Has anyone read Zac Phillips CV? It fills all the gaps that were missing from the BOD’S knowledge, particularly on finance in the oil and gas industry. Zac Phillips Analyst Zac has in excess of 25 years’ experience in oil and gas and finance, working for companies such as BP, Chevron, Merrill Lynch and ING Barings, where he undertook finance or finance related roles. Given his Chemical Engineering degree and PhD, Zac’s career has focused on the economics of investment, and its assessment, on a range of projects from process change implementation, to operating plants and companies. Zac’s extensive Oil and gas financial and technical experience has ably lent itself to the valuation of exploration and producing Oil and gas assets, especially where complex financial structures define companies’ access to the economic benefits of ownership. Latterly, Zac was the CFO to Dubai World’s oil and gas business (DB Petroleum), with responsibility for risk management, valuation and the authoring of investment proposals. During this time, Zac valued in excess of 165 transactions with a combined transaction value of in excess of $60bn. Zac has an Honours Degree in Chemical Engineering from Wales and a PhD in Chemical Engineering from Bath University. He is a member of the Society of Petroleum Engineers, Institute of Chemical Engineers, American Association of Petroleum Geologists and Association of International Petroleum Negotiators. | ![]() goulding1215 | |
13/9/2021 10:18 | you dont know that. you are just peddling a negative view as always. Why not wait and see? but oh no, we will have days of your rubbish until you are proven wrong (again) and then you will think of some other reason it will go wrong along with your pals on here. PATHETIC. | rmart | |
13/9/2021 10:15 | reichsmart I would agree that TOM have to acquire the 10%, but you know that will leave them very short of cash and at the behest of events. To my mind that would be a reckless decision, and could expose the Directors personally. Your post sounds a touch authoritative by the way! | ![]() the diddymen | |
13/9/2021 10:14 | rmart - so you will not "moderate" the questions if placed on the other board then? Discussing the Facts as presented in the accounts are what these boards are for Have you got any answers ? | ![]() fenners66 | |
13/9/2021 10:02 | Fenners, I had a look at the BS value of the leases some time ago. The rationale for keeping them on the BS is getting harder, even if there is a valid lease. Notwithstanding TOM is really a singular issue at the moment. Do Greenfield have something that works (FEED unsighted), if so can they finance it, and do they have sufficient cash to enhance the chances of securing the financing. Reichsmart is convinced that they have the cash; this is far from clear from the statements and actions. If the are unable to finance Greenfield then the BS is going to be pretty academic. | ![]() the diddymen | |
13/9/2021 09:34 | all buys so far. Looks good for a rise when they annouce the 10% completion. | rmart | |
13/9/2021 09:33 | see how pathetic you go when you start posting here ! had you right all along, just another pathetic de ramper. | rmart | |
13/9/2021 09:29 | Add the £10m spent on the mothballed RF tech and what do Tom actually have? Licenses for acreage which are running out (need renewing). Acreage which by their own statement "A desktop study of the Group’s Leases determined that, whilst oil sands were present at depth, more suitable third-party sites with near surface oil sand were situated in the vicinity of the Leases such that these areas will be the focus of the parties going forward" So arguably not commercial. Test results after the plant used has been returned . 80% of a tech they are not currently using and........ pleas for more funds (a begging bowl). Of course it could all still work perfectly.... | ![]() fenners66 | |
13/9/2021 09:22 | I thought this was interesting from the previous finals.... "During the financial year, the Company entered into a new Joint Venture with Valkor, an established EPCI, into which TomCo invested the sum of US$1.625 million in order to produce a Pre-FEED and pay for certain upgrade works to an existing third-party Oil Sands separation test plant." Of that $1.5m was spent on .... someone else's plant. Upgrading POSP which we know has gone back..... So the funds spent are now shown on the balance sheet as "Investment in joint venture" Clearly if the funds are not made available then the valuation of that investment is put in doubt. | ![]() fenners66 | |
13/9/2021 09:18 | Anyone know , how much does it cost to renew the license on 37% of TOM acreage which expires 1/10/21 ? That is on the balance sheet at (presumably ) 37% of £1,314,000 So £488k If this costs anything like (?) where are they going to get the cash from ? | ![]() fenners66 | |
13/9/2021 04:37 | There it is ;- $70.16. Could help the share price today | ![]() goulding1215 | |
12/9/2021 20:15 | Getting closer to $70 now on WTI. $69.72. Waiting fir those off-take figures. | ![]() goulding1215 | |
12/9/2021 20:06 | Doing something for the share is a little way of yet, news of the full package financing will do it, | ![]() vauch | |
12/9/2021 20:02 | Hi V .. I don't think that will do anything for the share price. | ![]() ducky fuzz | |
12/9/2021 20:00 | Also preliminary results from Quadris | ![]() vauch | |
12/9/2021 19:17 | I wonder what sort of a week we will have this coming week. I'd expect land purchase confirmation in the last 2 weeks of this month as we have been told before and was also confirmed by Malcolm and John IN THEIR RECENT INTERVIEW. I hope everybody has listened to it at least 3 times like me. DF | ![]() ducky fuzz | |
12/9/2021 15:00 | haha, he is not reichsmart for nothing! Generally it is not a very good habit to ignore alternative views. | ![]() the diddymen | |
12/9/2021 14:12 | Thanks DM. If anyone wants to waste a few days going through my posts and following the general progress of companies I have looked to invest in, but decided against and then asked pertinent questions , they will be able to form their own conclusions. But I guess between those that went into liquidation and those that declined anywhere between 66 and 99% there is a pattern there. I am still looking at TOM , it has been on my watchlist for many years , I was interested in seeing if the RF tech worked , but now there is a new holy grail of oil with almost no cost, no pollution and a by product of perfectly clean building sand... .... what's not to like ? | ![]() fenners66 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions