Tomco Energy Share Discussion Threads

[wilson2] 15/7/2022 08:24

If only tomco would actually produce oil.

[rugrat2] 15/7/2022 08:22

Not often that you get a good Friday RNS. Has this lined up the ducks for Monday?

[rmart] 15/7/2022 08:18

And now for the funding. That will probably be the final piece that was required

[james dean] 15/7/2022 08:13

Thanks Ducky - your efforts over time appreciated and to all contributors pleased it looks your comments have kept Tomco alive on this thread.

[talais] 15/7/2022 08:08

What are the Probabilities that the Utah government are our backers,??

[ducky fuzz] 15/7/2022 08:05

Online 0.513p sell and 0.5388p buy for 1 Mill

Edit Buying now closed.

[chadwick123] 15/7/2022 08:04

Commenting, John Potter, CEO of TomCo, said: "The amount of local support we have received in advancing our project to date has been outstanding and I would like to thank everyone involved. We believe our proposed development project in Uintah County is based on an exceptional deposit with tremendous potential. We continue to make good progress with our plans for the TSHII site and continue to advance the previously announced due diligence exercise being undertaken by a potential financing party currently interested in backing our plans for Greenfield. We look forward to providing further updates in due course."

[talais] 15/7/2022 07:39

I wander if the due diligence or the reserve report have been completed to get that figure for the 76 million tax reduction

[gjabrj] 15/7/2022 07:38

Onwards and upwards from here!!!!

It’s been a long time coming

[oil be there] 15/7/2022 07:37

Very well done John and the team. Excellent news with huge savings and government support. Somehow I don't think there will be any problem with issuing permits.

[chadwick123] 15/7/2022 07:35

Dan Hemmert, the Utah Office of Economic Opportunity's Executive Director, commented: "We are excited to see Greenfield's growth plans in the Uintah Basin. Energy Independence has never been more important to the nation, and we are proud to support this venture which will provide significant investment into rural Utah. We are also pleased to see the planned application of innovative processes, aggressive carbon sequestration, and efforts to be carbon neutral - from well to tailpipe."

[stuart little] 15/7/2022 07:34

I'm convinced the expiry of those warrants is an important stage. John, or Valkor, won't have wanted the dilution. Not if funding to get the company to revenue stage is on the horizon thus removing the need for the cash from the warrants.

[chadwick123] 15/7/2022 07:28

Great news, this is another step towards funding.

[talais] 15/7/2022 07:23

That RNS could be the kick start share price needs, I expect loan Rns with in 2 -3 weeks, government support what more can one say, gla

[ducky fuzz] 15/7/2022 07:22

Is it too early for contestant number 33 ? [I like trying new beers].

[thrgef] 15/7/2022 07:21

This really shows they mean business. Exciting!

[ducky fuzz] 15/7/2022 07:20

Politically it would be impossible to refuse the permits.

[stuart little] 15/7/2022 07:18

Different department I know but Permitting also not going to be an issue! ImoDan Hemmert, the Utah Office of Economic Opportunity's Executive Director, commented : "We are excited to see Greenfield's growth plans in the Uintah Basin. Energy Independence has never been more important to the nation, and we are proud to support this venture which will provide significant investment into rural Utah. We are also pleased to see the planned application of innovative processes, aggressive carbon sequestration, and efforts to be carbon neutral - from well to tailpipe."

[ducky fuzz] 15/7/2022 07:18

I think rmart may regret selling up [if he has] I lose track.

[jaynealex] 15/7/2022 07:15

Will certainly help the project cash flows and improve the NPV ..another project de- risking factor

[vauch] 15/7/2022 07:15

Ducky I am always pessimistically optimistic.

[vauch] 15/7/2022 07:14

At the AGM we where told to expect news and it would start to flow once started.
Be ready Ducky as you will be able to afford a few Ducklings soon.

[stuart little] 15/7/2022 07:12

Yes some solid evidence of local support, validating our views that this project is close to finally producing revenues. Ducks lining up nicely.