Tomco Energy Share Discussion Threads

[kdickson] 19/12/2022 13:57

Anyone for a 2pm RNS for US opening? ;)

[ducky fuzz] 19/12/2022 13:40

HI Vauch .. I think all the regulars are all down the pub with fenners66 and his twin brother fenners96.

[the diddymen] 19/12/2022 09:28

Credit where credit is due, Vauch did say some months back that it would be 31 Dec before anything was announced. Sadly right for the wrong reasons.

[the diddymen] 19/12/2022 08:33

danmart Friday will be too early. Either the 30th Dec or 3rd Jan. On the grounds of while spoil a New Year celebration for shareholders, I would go for 3rd January.

[vauch] 19/12/2022 07:02

Are we on for another sleepy week for Tom

[danmart2] 18/12/2022 19:32

Friday afternoon RNS announcing more delay?

[lopodop] 18/12/2022 19:25

Well TD,
DAMAC states ‘it’s time to deliver JP’. Is that clear?

[the diddymen] 18/12/2022 18:49

Oh dear they are off again.

[ajj2003] 18/12/2022 12:58

Has to happen one year bountyfull

Well that settles the Messi vs Ronaldo debate. Congrats to Argentina and fair play to them.

[bountyfull] 18/12/2022 12:46

I'm looking forward to the celebrations!

[damac] 18/12/2022 12:09

Looking forward to a great festive period. I’m sure there will be much discussion on here between now and year end 😉

It’s time to deliver JP.

[ajj2003] 17/12/2022 08:33

Nice to see the word spreading.

[lopodop] 16/12/2022 21:39

Fenners96
Go for it! Put your money on the table.

[danmart2] 16/12/2022 21:24

They have done well to get the share price up to £0.00.34 , another delay may send it to £0.00.20

[fenners96] 16/12/2022 20:55

Hi fenners, Do you really believe that everything worth doing has already been done and if it hasn't it's not worth doing? If so what a sad way to view the rest of your days. No more opportunities for anyone to explore? We might as well curl up and die.

[ducky fuzz] 16/12/2022 20:08

Just be good to talk about something positive and confirmed.
Then we'll all be rich I tell you, rich.

[fenners66] 16/12/2022 19:59

See the fantasists are getting themselves worked up again.

No actual tech, no business, no employees ,no funding , lots of losses.

And they think for some reason its going to be generating 60m a year.

If the lease REALLY could get to anything like that why give a lease away for peanuts?

For anyone else just let them wither on the vine and take the business from the administrator for
fractions of any future value as they have no way of defending themselves ....

But of course its all dependent upon - unproven tech (CORT is not commercial , so why would someone else's suddenly work?) and viscous oil that has not been drilled this way before.....as the permit meeting intimated is this just wishful ?

[kdickson] 16/12/2022 18:27

At £60 million income per year of course, the share price valuation could in theory be quite a bit higher than the price based on market cap. Depends on what forward P/E ratio gets applied.

e.g.
PE of 6 = 13p (eps of 2.27p x 6)
PE of 8 = 18p
etc.

[rmart] 16/12/2022 17:27

Depends how much cash they get Ducky.

The warrants could bring in another couple of million or so. If we get a lump of cash from greenfield and warrant money then Tom could go and explore the possibilities on the other leases.

There will be nothing for Tom to do on the Greenfield sites so if we find any of the leases suitable for the process being used on the drills on the greenfield project then we can repeat what would be a proven model.

Although to be honest I would prefer Tom to get into something in the UK with any cash they have. If funding comes JP will have proven he can pull projects together. Having something in UK would be much more practical for him.

Hydrogen and Geothermal projects seem like the future and there are lots of opportunities available if you have a couple of million to play with.

Utah will do its thing for Tom with income flowing (subject to funding) which would allow them the freedom to build something big here.

ALL IMO of course.

[ducky fuzz] 16/12/2022 17:15

Share price has to be at least 1.2p for the warrants to be taken up by the end of Feb.

Let's hope that doesn't happen.

[ducky fuzz] 16/12/2022 17:13

400 grand would be amazing. I could buy my own brewery which would save me a fortune.

[damac] 16/12/2022 16:44

Ducky,

2,633,393,857 shares in play if all warrants taken up.

My bottom end estimation (on a 15% free carry) of £250m market cap would equate to 9.5p per share.

My top end estimation (on a 15% free carry) of £300m market cap would equate to 11.4p per share.