Tomco Energy Share Discussion Threads

[wilson2] 23/11/2021 09:07

Remember turbo shale, what happened to that , the directors told us, all you have to do is dig a hole put shale in it , heat it up and thousands of gallons of oil come out the other end.Palm oil whatever happened to that project mr clown

[beetroot juice] 23/11/2021 09:05

Welcome Fishy man.

Glad to be of service. Now back to your call to Johhny boy. Let him know, your thoughts going forwards..

Have a great call.

[stuart little] 23/11/2021 09:03

They are inside, almost permanently!!! You just don't listen to an answer!!!!

[fishyneck] 23/11/2021 09:02

Yes, I'm sure it will be of great help for others in their investment decision going forward.

Thank you for taking the time.

fn.

[lopodop] 23/11/2021 09:01

If the directors are not willing to buy in why should anyone else? Sheer folly?

[ducky fuzz] 23/11/2021 09:00

damac .. you really are the fount of all knowledge.

I have a friend [yes I have a friend] in America. He bought 800,000 TOMco
shares at the US equivalent of about 0.48p about a year ago.

He struggled to buy these shares and had to find a new US broker. Not easy he said.

[wilson2] 23/11/2021 08:57

Exactly beetroot juice

[bungeetrader] 23/11/2021 08:56

A little 500k top up for moi!

[beetroot juice] 23/11/2021 08:52

Directors do not buy because their only role is to insure the fantasy oil stories, keep on getting churned out. Posters like Fish neck are part and parcel of the scam.

You see, to look legitimate, having an apparent outsider, become one of your experts, on one of your share forums, helps the Mug Punter feel safe. Never trust a word Fishneck says, he is in cahoots on the scam.

Potter will never buy, he knows the script, which is roughly this. Fabricate, wonderfully ridiculous stories ie Oil in sand, Musical Rods, Rain stops play, Minor suspensions, then back trading, joint ventures, confused tales of leases, finances, oil reserves etc.

Remember if Potter was to buy, he would never get his money back. Why?

Because never will Tomco draw an ounce of oil from anywhere. If on the back of a ludicrous story the share price rose, if then Potter cashed in his shares, the share price would crash. So rather than buy, people like Fishneck are used to try cover the tracks of these reprobates.

Hope that helps?

[damac] 23/11/2021 08:52

Goulding,

Weighted Average Cost of Capital

[damac] 23/11/2021 08:51

Updated (for now).....


Outstanding warrants


Whoever took part in the placing - 388,888,888 warrants at an exercise price of 0.9p for a period of 2 years from 30.11.20 - Potential value to Tomco = £3,500,000

Whoever took part in the placing - 183,000,000 warrants at an exercise price of 0.8p for a period of 2 years from 08.07.20 - Potential value to Tomco = £1,464,000

Turner Pope – 4,125,000 warrants at an exercise price of 0.4p for a period of 2 years from 08.07.20 - Potential value to Tomco = £16,500

Whoever took part in placing - 71,153,846 warrants at an exercise price of 1.5p for a period of 2 years from 10.12.19 - Potential value to Tomco = £1,067,307

Turner Pope - 8,538,462 warrants at an exercise price of 0.65p for a period of 2 years from 10.12.19 - Potential value to Tomco = £55,500

[wilson2] 23/11/2021 08:51

Why don't they buy shares in there own company then clown?

[rmart] 23/11/2021 08:48

It won’t, these clowns on here don’t understand anything at all about business, zero, nada, zilch.

Total morons with an agenda, that’s all they are.

[fishyneck] 23/11/2021 08:44

Good morning,

I agree they could have maybe taken part in previous placings, although it doesn't always look great Directors buying at such discounts and placings have always been well supported by investors therefore no real need at the time.

The issue now, with 2 fast moving projects in progress, the Board are permanently inside on info therefore unable to buy.

I hope this covers your question,

fn.

[wilson2] 23/11/2021 08:42

They don't buy because they know it's going nowhere, look at the history of tomco, all promises and still haven't sold a litre of oil

[lopodop] 23/11/2021 08:40

DAMAC
Has the project really been derisked? Let's see over the next few weeks. What will be the placing number one wonders?

[goulding1215] 23/11/2021 08:39

What is the WACC in the descriptive diagram above, anybody, please?

That is a vote of confidence for the future.

[lopodop] 23/11/2021 08:33

Is it not extraordinary that TOM's well paid non execs and JP seem unwilling to buy shares in TOM - does this not indicate their lack of confidence in TOM. LOOK AT THEIR OTHER INTERESTS which are on public record where clearly they have invested.
WHY are the directors so reluctant and what is being held back?

[damac] 23/11/2021 08:17

As explained to the dullards on the dark side the other day…..

A house broker will prefer to take up the warrants when the project has been massively de-risked and everything is pointing to the share price making substantial rises. The house broker would then (if the decision is to sell), disposes of those shares in a responsible manner against an anticipated rising SP, in such a way that causes as little suppression to the client's share price as possible.

[damac] 23/11/2021 08:15

Why?

I’ll explain to you again…..

A house broker will prefer to take up the warrants when the project has been massively de-risked and everything is pointing to the share price making substantial rises. The house broker would then (if the decision is to sell), disposes of those shares in a responsible manner against an anticipated rising SP, in such a way that causes as little suppression to the client's share price as possible.


Have a nice day y’all.

[ducky fuzz] 23/11/2021 08:05

Online it is 0.6875p sell and 0.6985p buy for 1 Mill.

Why isn't the share price 0.69p and 0.7p ?

[rmart] 23/11/2021 07:50

With these share prices on offer very shortly they can multi bag and they have helped the company. The lowest forecast gives them a 10bag.

DCF sensitivity for the project - NPV in GBp per share



WTI Currently $76.

I am really struggling to see what people want from buying shares, this should be 5p already.

[stuart little] 23/11/2021 07:36

I think they will be held too. Was merely pointing out that were Novum to cash them there would be no dump! As house broker it's their responsibility. Anyway they have just supported the company to the tune of £210,000....on with the drilling.

[ducky fuzz] 23/11/2021 07:34

It would be cool if they had a buyer for the whole 46 Mill.