Tomco Energy Share Discussion Threads

[joeblogg2] 16/2/2022 11:32

yes makes sense!!! Step by step prove the model!!!

[vauch] 16/2/2022 11:31

Te finance is nothing to do with the drills it is a separate thing

[stuart little] 16/2/2022 11:30

The exploration wells scheduled for early March are funded. The following production wells will need further funds.

[joeblogg2] 16/2/2022 11:28

Is the finance dependant on the drills coming up or can happen without?

[ducky fuzz] 16/2/2022 11:24

Ahhh just gone up and they now want 0.647p for a buy. Sell price unchanged

0.62p and 0.65p

[ducky fuzz] 16/2/2022 11:22

Hi JB .. You can with IG its 0.622p sell and 0.6348p buy for 1 mill.

Quoted price 0.62p and 0.63p

[zooskeeper] 16/2/2022 11:22

Enough news out already to push us higher. Just wish management could keep to timelines. This after all the years is the opportunity we have been waiting for?

[joeblogg2] 16/2/2022 11:18

Not getting an online quote to buy , so hopefully will be moving higher soon??

[rmart] 16/2/2022 11:04

breaking news ????

[ajj2003] 15/2/2022 22:58

Not a bad little sideline;)

[fenners66] 15/2/2022 22:19

The La La's cannot help themselves.
They don't even read the propaganda they refer to.

They still think they are looking for $145m of finance.
TOM's own (likely understated) cashflow forecast calls for $175m of funding !!

The deluded, ranted on long enough about $110m whilst we told them it had to be $150m

Since TOM has already accepted $175m and knows any plant would be years away (so add in CPI at 7% +)
that figure is now going to be $200m

Add some contingency

But of course if you were TOM you would want to convince a lender you could get away with less , after all if you were into them for $m's what choice would they have later ? Lend more or you will never get it back.

There is the problem - lenders have $100's millions of losses at PQE and before to look at and decide whether they would ever get it back....

[vauch] 15/2/2022 21:08

The numbers from PQE on sand alone is staggering.

capable of yielding 6,000 tons of sand per day or 1,860,000 tons per year (based on 310 operating days per year and operating 24 hours per day), and that silica flour is postulated to be 15 percent of the saleable product, fracking quality sand 55 percent, and bulk sand 30 percent. The economic forecast is based on 20 years of sales from such a 5,000 bpd operation, following two years for construction and start-up of the extraction plant and sands processing facility and related infrastructure.

The cash flow analysis was run on a pre-income tax basis, at discount rates of 0.0, 7.5 and 15 percent; the results show potential economic benefit in the base case of a Net Present Value (NPV) of $1,285, $602, and $341 million, respectively.

[jaynealex] 15/2/2022 16:26

Right now the expected cash flows are being reduced by 90 odd % before being run through a theoretical npv model to give the current SP

Once finance is agreed what will be the risk reduction % applied to the expected cash flows ...to take account of

Build issues , production issues etc ??

We wait and see ... But the share price should be well north of here

[jaynealex] 15/2/2022 16:21

Those numbers , equate to a price alot higher than your 6p number Rmart

[rmart] 15/2/2022 16:09

that is what i said Ducky.

"The rise here will be crazy once the finance is secured."

[ducky fuzz] 15/2/2022 15:57

rmart .. Our share price will never take off till we get the $145 Mill funding.

[rmart] 15/2/2022 15:56

look at the figures for the 5000bopd plant !, incredible and yet TOM still site at £10m market cap !.

The rise here will be crazy once the finance is secured.

"The cash flow analysis was run on a pre-income tax basis, at discount rates of 0.0, 7.5 and 15 percent; the results show potential economic benefit in the base case of a Net Present Value (NPV) of $1,285, $602, and $341 million, respectively. The base case cash flow used a selling price of $40 per ton for the unprocessed dry, clean by-product sand. Q4 Impact provided market sale price analysis to arrive at a reasonable selling price for the cash flow forecast. Broadlands notes the economic model and base case numbers may not be realized due to market factors."

[lopodop] 15/2/2022 11:37

RMART
Trying to sort out these agreements almost single handed is a mega job for even the most experienced people. You cannot hold JP to deadlines in this regard - it could be months. As said the audited accounts when completed will give clues about the open issues, especially the funding arrangements. SL is quite right and it is best for everyone to take a cautious and relaxed attitude. If JP can pull off the deal / deals it really will be a mega achievement. But the success may lie well in the future so the BOD have to have an interim strategy to keep all balls in play.

[rmart] 15/2/2022 09:14

"the funding team are moving very quickly and want to complete before easter"

Binding term sheet expected within 2 weeks. That was 3rd Feb. JP said he spoke to the funding team the evening before.

[lopodop] 15/2/2022 08:28

Vauch
Should the current negotiation be deferred for whatever reason, BOD will have alternative to fall back on - audited accounts should be out soon and these should give a timely view as to the progress on drilling, funding and Valkor's position.

[stuart little] 15/2/2022 08:19

"Should have in a couple of weeks"is not a deadline. Just like "expected to drill..." isn't a deadline. They are the sharing of expectations in the hope that shareholders appreciate the complexity of the negotiations and subsequent possible slippage.

[lopodop] 15/2/2022 08:19

Vauch
JP has an enormous task so the expectation of a few weeks may have to be extended. Don't forget negotiations do collapse in which case it is back to the db. JP does have a tendency to over promise so you may need more patience.

[vauch] 15/2/2022 08:00

Well JP's couple of weeks is near up. are you seriously going to miss another deadline

[goulding1215] 15/2/2022 07:54

Excellent post Jay. Should answer all, well, most of, ducky’s questions