Tomco Energy Share Discussion Threads

[pooler1] 26/1/2022 07:07

Sounds like a good agreement!

[talais] 26/1/2022 07:05

TomCo Energy PLC Services Agreement with Heavy Sweet OilSource: UK Regulatory (RNS & others)TIDMTOMRNS Number : 6264ZTomCo Energy PLC26 January 202226 January 2022TOMCO ENERGY PLC("TomCo" or the "Company")Services Agreement with Heavy Sweet OilTomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to announce that it has entered into an agreement with Heavy Sweet Oil LLC ("Heavy Sweet Oil"), a US based oil and gas company, to assist it with permitting and government relations in respect of their planned drilling programme adjacent to the D Tract of the Tar Sands Holdings II LLC ("TSHII") site in the Uinta Basin, Utah, United States. Should Heavy Sweet Oil progress to producing oil it is anticipated that some of the supporting infrastructure for their operations will be located on the TSHII site.The assistance being provided to Heavy Sweet Oil is being undertaken alongside the Company's own work to progress its plans for the TSHII site. Heavy Sweet Oil have agreed to pay TomCo US$10,000 per month for its services, with the agreement backdated to start from 1 January 2022.Enquiries

[vauch] 26/1/2022 07:02

If the deal is done why bother trying to reinstate trading.

The Company continues to work with the TSX Venture Exchange on a reinstatement of trading and will update the market as ‎things progress. The Company is optimistic it is getting closer to a resolution of outstanding questions and a reinstatement of trading.

Is the buyer wanting to keep the listing as a Cash shell to flip

[busamitch] 26/1/2022 06:55

Deal is done?

Petroteq Announces Changes to Its Board and Officer Positions

[mashman] 25/1/2022 21:55

Through Halifax, equity not margin

[mashman] 25/1/2022 21:54

Is there another market trading these shares? I've sold and bought over the last few days (don't kill me) and my trades don't show anywhere.

[rmart] 25/1/2022 18:25

Who’s Terry?

[fenners66] 25/1/2022 18:07

Terry are you going to say sorry for misleading the world about drilling starting last December ?

[cheshire2] 25/1/2022 17:50

Hi freedom97 - agree john would have known of the offer but being on the ground in utah believe malcolm being in the uk would have dealt with it. Its a pity we only get half a story from tomco, hope all will become clear in the near future. Had contacted the company to clarify a number of points from the last rns but as usual of late have had no reply !!

[freedom97] 25/1/2022 17:24

Hi Cheshire, JP is the CEO so Malcolm would have discussed with him what he plans to do. If they prefer, instead of asking JP then ask Malcolm why they chose this route to fund.

[cheshire2] 25/1/2022 17:06

freedom97 - we don't know john had anything to do with this placing - he is a project manager and may have been in utah. Malcolm is a Chartered Accountant and more likely to have been the person who dealt with it. In fact the comment at the bottom of the rns was a statement from malcolm.

[wilson2] 25/1/2022 16:51

Have a good think vauch before losing ya profit of PQE on tomco

[wilson2] 25/1/2022 16:31

You are been very upbeat with this week's news freedom.

[vauch] 25/1/2022 16:29

4 trading day left for PQE takeover

[freedom97] 25/1/2022 15:55

"ETX Capital is a fast-growing, dynamic financial spread betting and CFD trading company based in the City of London. ... Winner of Best CFD Provider at the ADVFN International Financial Awards 2021. ETX Capital is a trading name of Monecor (London) Limited and a member firm of the London Stock Exchange."

[freedom97] 25/1/2022 15:43

There is most likely a good reason why JP decided to do the placing with Monecor, rather than asking shareholders. Perhaps the wealthy shareholders should simply ask JP why he chose that route.

[freedom97] 25/1/2022 15:36

stuart, who do you think has been selling at under the placing price?

[stuart little] 25/1/2022 15:31

Freedom, Idiotic statement of the day. Well done.

[rmart] 25/1/2022 15:06

They said funding deal by end Jan, so why give 250m shares at 0.5P. Was it a condition? We will find out soon enough. If that is the case then fine we can live with 19% dilution.

Just re adjust your targets by 19%. Some of us think the share price can get to double figures once the plant is under construction. So readjust to 8p. All will be fogotten.