Tomco Energy Share Discussion Threads

[goulding1215] 18/1/2022 17:10

WTI now $84.88. BoD seem to have reverted back to ignoring share-holders.

[lopodop] 18/1/2022 16:55

TD
Could it be that TOM is in talks with V - and perhaps explain the silence. Whatever next? Investors need some excitement after this long haul!

[the diddymen] 18/1/2022 16:39

Free world (some of the time.) You do what you want with your hard earned cash.

[chadwick123] 18/1/2022 16:27

Cant wait to get my profits from PQE, might just buy a few more of these bad boys :)

[lopodop] 18/1/2022 16:08

TD
But TOM may have alternative route should the drilling not be feasible. The lack of communication is going to test even TOM's shareholders and the market may look at this in despair ie not another blind alley.

[the diddymen] 18/1/2022 15:01

lopo, if the drilling does not happen, they are simply not going to raise the cash. The last party that will be concerned about that will be Viston. Why have an uninhibited licencee in North America?

[lopodop] 18/1/2022 13:37

VAUCH
Maybe JP was over ambitious with the drilling plan and he has come to realise that it is one step too far.
Maybe He can NOW see the challenges that lie before TOM and the financial commitments it has to manage over the next months.
If the original plan is to be side stepped, TOM will need some very fancy footwork to keep apace with expectations and avoid let downs.

[the diddymen] 18/1/2022 12:35

Vauch probably cynical observers might be a better description.

Perhaps you can answer why a bureaucratic procedure takes 8 weeks? It is the key objective of the business at the moment - we are lead to believe that it is the get out of jail free card. Why 8 weeks?

[vauch] 18/1/2022 12:21

Diddy you and your gang are so wrong, in thinking you are so right.

[the diddymen] 18/1/2022 11:31

It must be about 8 weeks since lalaland descended on to this site and told us how wrong we were.

Well that was 8 weeks ago and the lack of an RNS just begs the question 'why?' on such a simple issue. Things are looking a little edgy at the moment on the other thread and the more exposed investors will have not have missed the point.

[fenners66] 18/1/2022 10:22

fenners66
11 Jan '22 - 20:45 - 13948 of 13976

"Share price up on narrative , down without narrative - counts for nothing only a tangible business would change it."


Repeat from last week - but it panned out just as the post said.......

[lopodop] 18/1/2022 09:46

JP could be having second thoughts about the funding model feasibility in which case the Board will have to resort to the alternative. Investors could learn more about this sooner than later.

[wilson2] 18/1/2022 08:22

Here's an update for rmart, nothing much is or going to happen in the very near future

[vauch] 18/1/2022 08:10

I suppose the higher the oil price the better the chance of funding.

[rmart] 18/1/2022 08:00

It’s getting ridiculous now. Ffs Tommy give us an update.

[vauch] 18/1/2022 07:18

If only they had the lower wells drilled to benefit.

[talais] 18/1/2022 07:07

Oil at $85.45Could see $100 very soon, https://www.aa.com.tr/en/economy/oil-prices-reach-7-year-high-over-mideast-tensions-supply-woes/2476785. Just need some drilling news

[danmart2] 17/1/2022 12:43

Damar,
Your are quite right.

Funding or production update will be the share price catalyst; it could come in a few weeks time or a few months time.
But until it comes the share price shouldn’t go down but rather stagnate.

[the diddymen] 17/1/2022 12:21

Vauch afternoon. If the lala thread is the thesis this side is the antithesis. I think that you will agree that prespective always helps judgement.

As an aside I have seen your commitment to the company and if you get it right I am sure that this side will respect your judgement (as will your bank balance), but I would certainly be keeping some dry powder until there is more substance to the TOM narrative. Narrative is substantially easier than delivery.

[lopodop] 17/1/2022 11:59

Numerous concerns have been expressed! Yet the show goes on hopefully!

[chadwick123] 17/1/2022 11:37

This is the Viston team, what a shame there private.
hxxp://www.earth-energy.eu/management.html

[vauch] 17/1/2022 09:59

Must be due news of drills soon to take us back to the golden .7 then the drop back to
the 5 range. this is becoming rater consistent.

[talais] 15/1/2022 11:11

Oil finished at $84.46.It's not that far from $100 now

[minja19] 14/1/2022 16:41

with no news, this will get to .57 next Wednesday
and then I'm a buyer.

[vauch] 14/1/2022 16:30

Posted by Swizz on one of the PVR forums.

“Oil surged more than 50% to around $80 a barrel. It’s almost up another 10% so far this year. King said it could soon hit $100 and even $200 over the next five years due to a lack of exploration and investment to maintain existing supplies.”

“We believe in structural supply-side commodity inflation that most will not have ever seen -- the highest since the 1970s,” he said in an interview. “Only OPEC will react to price metrics and they are undershooting every month.”