Tomco Energy Share Discussion Threads

[the diddymen] 15/12/2021 15:43

95k of shares traded, or roughly £600.

The other thread absolutely silent.

Cold reality has replaced the disgraceful posts of mid November on this thread.

[wilson2] 15/12/2021 11:22

The Israel oil investment was back in 2008 , I don't think they ever made a penny from them

[wilson2] 15/12/2021 11:01

What happened to palm oil What happened to the Israel oil wells

[fenners66] 15/12/2021 10:51

The irony is that they are talking about stuff , on the TOMCO TURBOSHALE board.

Whatever happened to Turboshale ?
Whatever happened to RF?

How long before the sentence...
Whatever happened to CORT ?
is added to that list ?

You can already add , whatever happened to the £20m+ ?

[the diddymen] 15/12/2021 09:01

Goulding - Fracking is irrelevant to TOM until it has jumped the small hurdles of ridding itself of its 'green' credentials by drilling for oil, and placing a decent slug to finance the admin of the business. The massive hurdle is raising the $110+m.

I would worry about that before speculating on fracking etc.

[goulding1215] 15/12/2021 08:24

Is Fracking Really Putting America’s Water Supply At Risk?

By Robert Rapier - Dec 14, 2021, 3:00 PM CST
The shale boom has been criticized for years due to its water-intensive fracturing technique.
The risk of aquifer contamination may be overblown, but fracking’s water usage, especially in arid environments, is still a cause for concern.
Waterless fracking may provide a potential solution, avoiding the perceived waste of millions of gallons of water that is required in hydraulic fracturing.

Discuss:-

Yes.

[wilson2] 15/12/2021 01:19

Scatter cash vauch pulling in the reins after telling the whole world how money isn't a problem for him.

[vauch] 14/12/2021 16:35

AJJ that is true.
It made me laugh when i canceled it, the guy asked why I am leaving so a blabbed on about the trash that gets posted on some threads and the fact I had 2 warnings from ADVFN for complaints of a non paying poster.
I also said you will find more will go when the cost is cheaper on LSE, He replied yep i know it is.

[ajj2003] 14/12/2021 16:27

Plus your sanity will remain intact ;)

[rmart] 14/12/2021 16:26

dont blame you Vauch, I think I might cancel my level 2 here and go to LSE, much lower cost than here.

[the diddymen] 14/12/2021 16:04

Vauch, if you are not blue Reichsmart might ban you!

[vauch] 14/12/2021 15:26

I have canceled my ADVFN subscription as i believe it is not value for money, and have been warned twice in a month by the ADVFN police.
I will be subscribing to LSE at £14.00 a month for my live feed prices, I will still be reading in and post now and again

[ajj2003] 14/12/2021 07:53

Article on Petroteq and how good the offer is hence expecting bid to go through before offer date. https://twitter.com/petroteqi/status/1470503905817735183?s=21

[lopodop] 13/12/2021 14:33

SB having a chuckle right now, getting ready for VALKOR Christmas party. What's the hurry? Has TOM board been outplayed?

[ajj2003] 13/12/2021 14:22

https://www.edisongroup.com/publication/cleaner-fuel-cleaner-planet/30256Tests on samples from Greenfield Energy, a subsidiary of TomCo Energy, have confirmed that heavy sweet oil from the Tar Sands site in Utah is suitable for conversion to both MSAR and bioMSAR for potential power and marine applications, potentially leading to on-site production in mid-CY22.

[the diddymen] 13/12/2021 14:10

£660 worth of trades today. Hardly the start required to lift the TOM ship off the rocks.

[fenners66] 13/12/2021 13:13

Panorama are doing a programme tonight about "Buy Now Pay Later"

I guess they see it as the latest scandal people need protecting from ....

[the diddymen] 13/12/2021 10:28

Reichsmart your BB is very quiet.

Given your embarrassing posts over here a few weeks back I am just wondering if you have any comments to make on the ease of these operations.

Permitting - easy
Know where to drill - easy
Exploratory drills - easy
Finance the drilling - easy someone else
Prepare commercial sales of crude - easy
Placing - easy
Raise $110+m - easy
Change in strategy, reconcile with 'green' funding - easy

In fact you would wonder why TOM bother to employ anyone - life is so easy.

[the diddymen] 13/12/2021 07:58

Fenners spot on. A high risk strategy to get them to a placing and a 1% chance of financing the project.

Cash is king.

[fenners66] 13/12/2021 07:19

A lender lends You money at 28% p.a.
Your means of paying them back , depends on them working on something for you...
You then take the cash from their work and repay the loan.
Only there are a number of delays - bad weather, no permit to work, you don't have control of what , or when, or if they do anything for you.
The lender has other stuff they could do first , as a priority after all if they do your stuff last , they earn 28% on your loan.
They have a history of doing nothing and then buying the associated assets much cheaper than you did.....


What happens to the interest if not paid?
Does it get rolled up into the capital?
12m of inaction and the interest alone could be over $500k per annum...
Nice little earner for doing effectively nothing, could be tempting....

[the diddymen] 12/12/2021 21:15

Well if the drilling does not happen it could cause a problem or two.

[lopodop] 12/12/2021 15:20

TD
SB is involved here to benefit his purposes and objectives. TOM and VALKOR are like chalk and cheese! He can see that TOM IS HELPLESS without him so it is fairly obvious how the course of events will unfold. However investors here may in time get a fair deal too. But it is going to take time.