Tomco Energy Share Discussion Threads

[rmart] 23/11/2021 07:31

Who says they will sell at this price? I wouldn’t, I would wait for the reserves report and drill commencing and get a lot more.

[rmart] 23/11/2021 07:30

Ha ha ha first you moan they didn’t take the warrants now you twist it when they do, totally pathetic bunch of idiots. Great news for Tom another sign of confidence in the project.

[stuart little] 23/11/2021 07:28

You know what I meant! :-)

[stuart little] 23/11/2021 07:27

Posted in on other thread retaliation to the 3 amigos.. this rns gave them reason to stir their cauldrons...Exercised by the company broker, they are in safe hands, or sold in a very responsible manner. Maybe we were £200k short so the broker did the decent thing, making a tidy profit in return. Excellent backing if that's the case. 46m can be moved on in a week or so if they so require with no real affect on share price. Especially in a news rich period.....

[cheshire2] 23/11/2021 07:25

NOVUM had a year left before they expired, obviously think/know something is happening soon

[stuart little] 23/11/2021 07:23

Exercised by the company broker, they are in safe hands, or sold in a very responsible manner. Maybe we were £200k short so the broker did the decent thing, making a tidy profit in return. Excellent backing if that's the case. 46m can be moved on in a week or so if they so require with no real affect on share price. Especially in a news rich period.....

[shaunx] 23/11/2021 07:20

Haven't you been championing the fact that no one would exercise the warrants lol

[lopodop] 23/11/2021 07:19

How much cash is in the coffers as of now and what is the near term requirement to meet commitments?

[fenners66] 23/11/2021 07:15

Warrants exercised, 3.1% dilution, and more shares to come on to the market ?

[the diddymen] 23/11/2021 07:14

Warrant RNS out. Slightly strange exercising warrants early.

It provides TOM with much needed cash. The cash that was not needed to cover borh the 10% deposit and on going requirements, if you were to believe the deluded.

As shareholders will find this will be a very expensive phase for TOM and it will consume cash as the professionals get going.

All the hallmarks of another placing on the way.

[cheshire2] 23/11/2021 07:12

RNS Number : 1927T

TomCo Energy PLC

23 November 2021

23 November 2021

TOMCO ENERGY PLC

("TomCo" or the "Company")

Warrant Exercise

TomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, announces that it has received a notice of exercise of broker warrants to subscribe for a total of 46,666,666 new ordinary shares of no par value each in the capital of the Company ("Ordinary Shares") (the "New Ordinary Shares"). The New Ordinary Shares are being issued at a price of 0.45 pence per share, for a total consideration to the Company of GBP210,000 and relate to warrants issued as part of the Company's placing, announced on 16 November 2020.

The New Ordinary Shares will rank pari passu with the existing Ordinary Shares and application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the New Ordinary Shares will commence at 8.00 a.m. on 30 November 2021.

Total Voting Rights

Upon Admission, the Company's issued share capital will consist of 1,498,078,678 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 1,498,078,678. With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

[stuart little] 23/11/2021 07:10

£210,000 added to the company coffers.

[lopodop] 23/11/2021 07:06

SL
Should this not form part of research. It's a fair question - one of many!

[ducky fuzz] 22/11/2021 19:01

I wonder if we will get an RNS tomorrow.

I expect our share price will move upwards.

[stuart little] 22/11/2021 18:07

Loopy,I know what I know. I wanted to know what you were saying. Clearly nothing. Again!

[vauch] 22/11/2021 17:58

I think the oil price drop is due to the possible Austrian lockdown spreading to other EU countries.

[ducky fuzz] 22/11/2021 17:54

Vauch .. re PQE .. If it was anything to worry about you would have heard. DF

[goulding1215] 22/11/2021 17:23

Goldman Sachs: Oil Price Plunge Is Not Justified By Fundamentals

By Tsvetana Paraskova - Nov 22, 2021, 9:00 AM CST
Goldman: The recent oil price decline is not justified by fundamentals
Since the end of October, Brent Crude prices have dropped by $8 per barrel to below $80 late last week
Goldman continues to keep its $85 forecast for average Brent prices this quarter

[ducky fuzz] 22/11/2021 17:21

Hi V .. might be a time out scenario as it's been non tradable for sometime.

[busamitch] 22/11/2021 17:19

TMCGF about 2012 I think. Been on my monitor only a few years. And yes, HL showing a price of n/a in ISA for PQE.

[vauch] 22/11/2021 17:15

Just looked in on my H-L account and see that the share value of PQE has been removed
any one else have PQE noticed this

[vauch] 22/11/2021 17:07

When was it listed in USA or is it just a link to buy a UK share

[busamitch] 22/11/2021 17:01

USOTC:TMCGF

[talais] 22/11/2021 16:59

Is Tom listed in the us???