Tomco Energy Share Discussion Threads

[rugrat2] 19/7/2022 11:23

Goulding, as regards the wells, we must not forget that they operate on a cycle. Heat up a well with steam then let it flow. At some point in the tail off in the oil flow start pumping steam in again and repeat. The unknown factor is the ratio of heating days to producing days. I believe that you were told that the oil is not held tightly, so maybe 225-250 days production per annum? Carbon dioxide injection will be further down the line IMO, maybe a year or two.

[ducky fuzz] 19/7/2022 10:59

I think the wide spread of 0.51p and 0.56p is putting off both buyers and sellers.

[ducky fuzz] 19/7/2022 10:58

Interesting post goulding. I think I read TOMco are going with the 2,500 per day version to start with. Yes It is very exciting. Potentially like winning the lottery
in the longer term.

I do wonder whether funding will be announced BEFORE the new Valkor loan repayment date of 31 July or whether there will be another extension. Neither would surprise me. I think it's 50/50 on an extension.

TOMco do not need this money at the moment but will when the permits are received
next month in August..

As you point out I see our latest RNS as near enough confirmation that the CO2 production wells permits will be granted.

[vauch] 19/7/2022 09:49

And those that are prepared to hold it is looking real good for us.

[stuart little] 19/7/2022 08:27

Rmart, I wasn't being critical, good entry decision. Simply pointing out that a bid of .51 or .52 is irrelevant to those waiting on funding and subsequent production progress. Each to their own.

[ducky fuzz] 19/7/2022 08:24

Hi Minja .. rmart prefers the conspiracy theory. As though the MM's are at all concerned with a small AIM company like TOMco.

[minja19] 19/7/2022 08:20

AFAIK .. the buy/sell print, is determined by which side of the mid-price, the trade falls on. You may very well purchase 10K shares, which get printed as a sell IF your purchase price is less than the mid-price. And vice versa. Nowt to do with mm's imho

[rmart] 19/7/2022 08:19

Morning Stuart, I got my rentry right again though around .4, looking for another double at least.

[ducky fuzz] 19/7/2022 08:18

Hi Stewy Big LOL !!!

[ducky fuzz] 19/7/2022 08:17

Of course it should be 0.52p and 0.55p not 0.51p and 0.56p

[stuart little] 19/7/2022 08:17

The only people who need to worry are those looking to trade around the margins. Good morning rmart.

[ducky fuzz] 19/7/2022 08:16

Hi rmart .. things are always a bit strange first thing. But now it is clearly 0.5475p to buy as shown by my dummy trades and the trade that has just gone through.

[rmart] 19/7/2022 08:12

The .536 was a buy, the spread is showing at 10% . If they published the correct prices .52-.54 it would be better.

[ducky fuzz] 19/7/2022 08:09

Online it's 0.52p sell and 0.5475p for a 1 Mill trade.

Quoted price 0.51p and 0.56p

Hi rmart .. not sure what you mean.

[rmart] 19/7/2022 08:06

Here we go with the mm tricks, Widen the spread to put of buyers and show buys as sells.

[vauch] 18/7/2022 16:36

Not to sure as have lost where we are with PQE, as it has been such a mess

[talais] 18/7/2022 16:33

Is that the final bit needed,?

[vauch] 18/7/2022 16:17

July 18, 2022 9:00am EDT
SHERMAN OAKS, CA / ACCESSWIRE / July 18, 2022 / Petroteq Energy Inc. ("Petroteq" or the "Company") ‎‎(TSXV:PQE)(OTC PINK:PQEFF)(FSE:PQCF), ‎an oil company focused on the development and ‎implementation of its proprietary oil sands extraction and remediation technologies, announced today that as per the Company's announcement dated May 24, 2022 introducing the appointment of ‎the founding members of the Company's Regulatory Oversight Advisory Committee ‎‎("ROC") and its mandate, the Company and the ROC hereby report that all transactions ‎put forth before the ROC during the month of June have been reviewed by its members ‎and all necessary filings with the TSX Venture Exchange ("TSXV") have been made and ‎in ROC's view the filings made are in compliance with TSXV policies. ROC has confirmed ‎via internal control procedures including due inquiry, that all matters that should have ‎been presented to ROC have been.

[ducky fuzz] 18/7/2022 14:33

Good to see some new intelligent posters. Welcome. DF

[jaynealex] 18/7/2022 14:24

Yayy the bb and the price have come alive !

[talais] 18/7/2022 14:15

From LSECup and handle complete, expecting a very bullish move very very soon

[theuniversal] 18/7/2022 13:38

Video link from kidx on lse, i have typed out a timeline of highlights from an interview of matt nicosia ceo of vivakor. Should give indication of tomco contribution somewhat

@kidx, thanks for posting the othr video og vivakor ceo matt nicosia…
………;…highlights………..
1/. 9billion barrels of oil sludge remains to be cleaned from all the tankers floating around from 2017, so could be higher now
2/. Upto 50 yrs opportunity for remediation
3/. Remidiation clean up needed in Nigeria due to BP and Shell oil spill
4/. Usa land fill remidiation and pitts need cleaning up, large chunks in california
5/. Utah, huston and kuwait operational next quarter $10,000,000 combined ( could of misinterprited that figure)
6/. 2 compettitors 1/ bio-remediation but leaves 10% oil sludge to be thrown away 2/ burnt thermal that leaves a charcol to be thrown away ( these are not likely to be around for much longer due to ESG and clean tech closed loop systems
7/. Similar tech to petroteq and they were doing a deal with them back in 2016 but did not go through check pqe rns back then under mcw group i think.
8/. Pre - covid it took 6 months to build rcp machines now its a year but matt expects this to speed up hopefully working with tomco and maybe valkor, he did mention supply issues but the more machines built more revenue expects to build more with in two years which kinda adds up what they are planning with tomco
9/. No more share issues for raising cash. More through debt facility and special purpose
………;key takeaway…̷0;..
A/. More demand for cleaned/cleaner oil than currently drilled
B/. Ongoing future contracts
C/. Revenue from oil and sand prices (potential from asphalt and sillica sand)
hxxps://youtu.be/wHZj1Y7AWGw