Tomco Energy Share Discussion Threads

[jaynealex] 29/9/2021 09:01

To me this is all about the reserve report identifying deeper resources that can be exploited to provide additional cash flow quickly by inviting in a 3rd party

This opportunity has to be exploited for the long term value of the company

It provides the upfront deposit and future cash flows ,alongside the current project

Come on people first there was the sand , now there's additional oil ...what more do you want ??

[wilson2] 29/9/2021 08:58

The whole site will be covered in a foot of snow soon , so there won't be any activity for months if at all.While the directors will still be creaming a very nice salary

[fenners66] 29/9/2021 08:56

The more of the RNS's I read the more I see ...

"just give us 100 days"

That was said over 2 years ago, some bought that idea at the time as well.....

[hotfinance14] 29/9/2021 08:54

Looks like a 6 weeks can kick and that is why the share price is down.

[fenners66] 29/9/2021 08:54

How are Greenfield going to drill for oil?
No plant
No employees
No plan
Deep drilling ? Below the tar sands ?
Without objections?

Same way the previous owners of the land did 5 years ago when they went bust?

Definitely NOT using CORT tech - you know the world saviour tech for clean sand and no pollution.

If anyone ever got a drilling rig going there how long would it take?
TOM has never done anything on time to plan?

If this was always going to be a world class claim, why so many directors up and left ?

[vauch] 29/9/2021 08:53

has the co on the next lease extracted up to our lease and need more feed stock?
Who has the lease next to us?
What type of extraction are they doing and proses?

[wilson2] 29/9/2021 08:51

Tomco are always going to do something later and that day never comes.

[fenners66] 29/9/2021 08:50

well ....

"rmart - 24 Sep 2021 - 08:33:14 - 22600 of 22880 TOMCO - TURBOSHALE - Commercialising Oil Shale Production - TOM
Must be totally crackers to sell now with the land deal about to be completed! Company transformation only around a week away."

Company transformation...
On your (must be edited) other posts you were saying land deposit this week.

Now you are saying everyone should have patience and wait another 6 weeks.

My point yesterday was that a land deal this week was very very unlikely.

It has not happened , instead they introduce another as yet unnamed 3rd party , which cannot be fact checked and the statement..

"however there can be no certainty that a suitable agreement will be reached with this or another third party or as to the terms of any such funding."

WHY did they get themselves into an "Option" to buy a 10% deposit ?
They had 4 months and failed - that was obvious
They added another month $100k and failed that was also obvious
Now they spend another $200k for 6 more weeks , how much do they have left ? and you expect a different outcome.

And at the end of the next 6 weeks what happens if they have not got the finance to buy the 10% deposit ?

This after the gamblers thread told all that the cash for the 10% was in place and that could happen any time the "due diligence" was done.

Now that fantasy is exposed as they need the 3rd party to provide the cash for it...

[vauch] 29/9/2021 08:50

I assume the gap is to long for the T traders

[wilson2] 29/9/2021 08:48

No you won't, you'll sell

[jaynealex] 29/9/2021 08:42

In that case Damac, Valkor are making their 29% more valuable ... If this deal negates the amount of bank finance needed or ensures we get a better finance deal because the project is de risked ...it's good long term for the SP

We just want one of these RNSs sometime soon to be the exact news we're expecting !

[damac] 29/9/2021 08:41

The list of leases taken on by Valkor in February 2021 are on pages 3 & 4 of this document....




Now need a map to correlate the info.

[rmart] 29/9/2021 08:36

rmart, rmart rmart rmart what a bunch of wierdos.

Not sold, can wait 6 weeks.

Now think of something else

As you will know as you stalk me, my average is in the early .50s so no panic here. I will wait.

[ajj2003] 29/9/2021 08:32

Has some super sleuth found out the oil company who is exploring next to our prospective site and who is paying for the upcoming work

[damac] 29/9/2021 08:31

Surely this 3rd party is Valkor? Didn't they take on all the leases adjacent to TS2? Can't remember if it is Busamitch or some other poster who was good at locating all the lease holders information etc.



"Greenfield is currently in detailed discussions with a third party which is funding an extensive in-situ oil production programme adjacent to TSHII's land, accessing resources deeper than Greenfield envisages mining for its purposes. As part of these discussions, the third party would potentially provide sufficient funding to Greenfield to enable up to five wells to be drilled on TSHII's land along with the requisite infrastructure, with an associated 'off-take' agreement serving to provide sufficient upfront funding to enable Greenfield to acquire the initial 10% of the Membership Interests in TSHII to be repaid from the sale of the oil produced."

[cheshire2] 29/9/2021 08:31

Only the quick buck day traders will sell, the rest who know the background to the company are more likely to buy, as rmart says their loss will be our gain and shares will soon be mopped up.

[talais] 29/9/2021 08:19

Looks like someone sold out.

[hotfinance14] 29/9/2021 08:17

There will be a large drop in the share price today due to the extension of the 10% deposit financing to 15th Nov,This cold easily be a drop of over 20%.

[wilson2] 29/9/2021 08:16

Rmart will have sold

[rmart] 29/9/2021 08:15

The people who cannot wait 6 weeks are leaving with a loss, the people who can wait 6 weeks will mop up. The people who cannot wait 6 weeks will be back in 5 weeks paying more again.

[talais] 29/9/2021 08:14

You might have to be quick. Gl

[jaynealex] 29/9/2021 08:12

Well depending how far they drop it ..top up time

[talais] 29/9/2021 08:09

Day traders might have call this wrong, gla

[lopodop] 29/9/2021 08:09

RMART You should be delirious! NOW THINK!