Tomco Energy Share Discussion Threads

[wilson2] 28/9/2021 14:00

They can't pay it back ,that's the answer.

[stuart little] 28/9/2021 13:59

It's hilarious you don't know the answer. It really is. Not got the sharpest business brain have you? :-)

[ducky fuzz] 28/9/2021 13:58

There could easily be buying late on in anticipation.

From our point of view I'd rather see the buying on good news than as a short term punt today.

[busamitch] 28/9/2021 13:57

Ducky, if you watch these videos you'll see how much infrastructure Crown had in place (how well Tar Sands II looked after it is another thing).

[wilson2] 28/9/2021 13:57

Answer the question mr brains

[stuart little] 28/9/2021 13:56

There really should be an intelligence tests before being allowed to use the internet.

[talais] 28/9/2021 13:52

Been a lot of selling since 11am, it has not really affected the sp, i would think there are buys waiting. I think we will finish blue gla

[wilson2] 28/9/2021 13:51

£180,000,000 loan and no way of paying it back .How's that work then?

[rmart] 28/9/2021 13:47

today is actually a great day, getting rid of some profit takers before the news comes. I am happy with that. Once the buying starts it will race over a penny imo.

MMs need stock so let them get some in. Its all good and makes a market.

[stuart little] 28/9/2021 13:46

At best I would be guessing, at worst making it up. I've read enough made up stuff for one day. One of the AGM attendees might be able to assist. Soz.

[ducky fuzz] 28/9/2021 13:38

Hi Stewy .. I was wondering how much of the 110 million was kit .. 50m 80m etc ..

Also might we get money from the people we will be supplying sand and oil to ..

[stuart little] 28/9/2021 13:36

Ducky, I don't fully understand the question and very confident I don't know the answer. Sorry.

[talais] 28/9/2021 13:33

Ok it's time to go blue, lol

[ball deap] 28/9/2021 13:21

Stay long if you want to make some fat money, we see this multi bagging in the next 3 quarters, just sit tight and accumulate, I bet my reputation on it.

[stuart little] 28/9/2021 13:20

Some people are traders, some are investors. It takes all types to make a market. You know that, don't you! Do you?!

[fenners66] 28/9/2021 13:17

On the contrary stuart someone took the profit on offer.
Its supply and demand , as I have been saying the share price yesterday , this morning , this afternoon, before any announcement , does not mean that finance is happening.

It merely means there are profits /losses to be made...

[wilson2] 28/9/2021 13:16

How do you repay a loan when you have an income ?Anyone care to answer.

[vauch] 28/9/2021 13:15

That was pre dilution though

[rmart] 28/9/2021 13:14

No I certainly cannot. It will all be revealed in time.

[ducky fuzz] 28/9/2021 13:13

damac / The Fish / Stewy / Rmart

We know we require $110,000,000 to get our 5,000 barrels a day up and running.
In the Proactive podcast on 10th September they talked about this money splitting it up as to where they will get the money from ..

John Potter says '' it is a package not just from one entity''.

He also says ''there will be reserves funding as they have said before''.

Plus '' Asset finance from the kit suppliers''

and ''funding through from the off-takers as well''.

The other significant cost would be Valkor / contacts doing the work on the new plant.

Can any of you put any figures to the above please.

[stuart little] 28/9/2021 13:10

Yes. Now back to JP calling this a charade? 1,2,3 or 4??

[lopodop] 28/9/2021 13:09

As of today, on the basis that TOM has no income for the foreseeable future is it a going concern able to meet all its commitments as these fall due for at least a year.

[the diddymen] 28/9/2021 13:05

Ha ha Mixi, the only transformation that will arise from TOM is you having to move from Kiev to Calcutta to keep living costs down.