Tomco Energy Share Discussion Threads

[rmart] 30/9/2021 08:57

Morning all, seems much steadier today. I hope we get more info soon on the pre feed and take off agreements whilst we wait for the land deal sign off.

[wilson2] 30/9/2021 08:42

Rmart had sold, what a snake that fella is

[vauch] 30/9/2021 08:36

goulding this is TOM clarity was never their forte.
We will be told progress in the cloak and dagger format as usual

[goulding1215] 30/9/2021 08:26

It would be nice if the company could provide more clarity on the recent rns. I think rmart’ S research has helped but it would be good to hear it from the horse’s mouth, so as to speak.

[vauch] 29/9/2021 19:37

George Stapleton, Petroteq COO, commented: "Confirmation that heavy oil extracted from Utah oil sands using our CORT process is suitable for production of MSAR® and bioMSAR™ fuels could allow for the production of fuel and biofuel with significant environmental benefits, while creating a higher value product stream for Petroteq's future commercial production."

[jaynealex] 29/9/2021 17:54

Well the BB has certainly come alive today !!

Good times ahead !!

[goulding1215] 29/9/2021 16:53

No problem, thank you.

[stuart little] 29/9/2021 16:50

Sorry, meant large mining permit.

[vauch] 29/9/2021 16:40

Land management operations

[goulding1215] 29/9/2021 16:35

SL remind what is an LMO, please?

[vauch] 29/9/2021 16:10

That is a lot on site is their room to extract LOL

[stuart little] 29/9/2021 16:02

And power supply, water supply, internet supply, roads, site buildings. Not to mention an existing LMO which can take over 12 months to obtain, with no certainty of success.

[rmart] 29/9/2021 15:58

fenners having kittens and forgetting about the already in place plant/equipment.

[fenners66] 29/9/2021 15:53

So you interested in Tulips then Vauch ......
just in case you have no idea what I'm referring to look up Tulip Mania 1637

[damac] 29/9/2021 15:52

But the Northern & Southern blocks of the TS2 lease are directly adjacent to Valkor leases.

[fenners66] 29/9/2021 15:51

JUST because I cannot believe it.....

Valkor are paying $500k for 3,458 acres of prime real estate.....
and
Greenfield are wanting to spend $16.25m on 760 acres !!!


So $145 an acre vs. $ 21,382
That is 147x the price.....

Yes , it looks made up. I cannot believe that some still think its a good deal when they add that context !

Some have added that the HCD land has already been drilled / de-risked etc. whilst failing to see the enormity of the disparity in price !!

No wonder Valkor wants to back out of Greenfield....


So WHY get involved in an option in the first place ?

[vauch] 29/9/2021 15:38

That is the chosen flower for funerals, are you planning on departing soon.

[fenners66] 29/9/2021 15:34

I cannot post on the other thread , so I will have to ask here and see if they get the message....

Anyone want to buy some Tulips ?

[fenners66] 29/9/2021 15:32

Having said that Valkor have done very nicely ...

rmart ramping Valkor's prospects because they have a chance to get oil out of the land owned as exploration assets by HCD

He has of course overlooked , whilst ramping how much oil there could be on that land .......

That Valkor are paying $500k for 3,458 acres of prime real estate.....

and

Greenfield are wanting to spend $16.25m on 760 acres !!!


So $145 an acre vs. $ 21,382

That is 147x the price.....

Yes , it looks made up. I cannot believe that some still think its a good deal when they add that context !

Some have added that the HCD land has already been drilled / de-risked etc. whilst failing to see the enormity of the disparity in price !!

No wonder Valkor wants to back out of Greenfield....


So WHY get involved in an option in the first place ?

[vauch] 29/9/2021 15:26

so we are mostly surrounded by yellow

[vauch] 29/9/2021 15:24

I would like to see PQE back trading though