Tomco Energy Share Discussion Threads

[rmart] 03/1/2023 09:57

ha ha, yes a few but not 18m ! wish they were all mine though.

[jaynealex] 03/1/2023 09:35

C'mon rmart it's probably some of yours at least ..

Happy New Year everyone !!

[vauch] 03/1/2023 08:28

really not surprising at this depressed SP

[rmart] 03/1/2023 08:21

Interesting buys this morning.

[lopodop] 02/1/2023 14:50

HARL issued a disappointing RNS on Friday which makes 2 for Groat if one includes TOM’s.
Groat as chairman of both entities must be feeling rather shaken by this turn of events so he is going to have to pull out all stops in order to safeguard both his reputation and the futures of both enterprises.
This is the trouble if one takes on too many directorships and by look of things he is a very involved chairman at HARL so he may decide to give up on TOM.

[lopodop] 01/1/2023 09:40

MURPHYL
Incidentally take a look at HARL if you have the time - what do TOM and HARL have in common? May explain the rather curt RNS's.
Also consider any possible synergy which could be exploited, admittedly a long shot; nevertheless TOM does seem to have dreamers' characteristics so why not dream 'big' instead of making nonsensical remarks as you stalk around this board.

[lopodop] 01/1/2023 09:27

MURPHLYL
A very happy New Year to you and all contributors hereabout.

[murphyl] 31/12/2022 22:14

lopodop. 19 posts on TOMCO.in the last two days. I believe you own zero shares in Tomco.Why do spend so much time on this board . Do you anything else to do in your miserable life.Get help.

[lopodop] 31/12/2022 22:05

Danmart2
Absolutely. There is nothing of substance in the shop window and the Board offer nothing except uncertainty.
That is why Groat should hand over to someone with expertise to explore what value if any is or isn’t attributed to Tom.
The directors have lost their way and investors have lost faith.

[danmart2] 31/12/2022 20:18

1 question, the same question that should apply to anyone investing in a company.

What good reasons are there to invest in TOMCO at this stage?

I can’t think of any

[talais] 31/12/2022 08:58

Yes full approval granted, then the drilling will start, that's when it will get interesting,

[lopodop] 31/12/2022 08:56

Appointment of a skilled receiver / manager may helpful to existing investors. A dispassionate examination of the group could stop unnecessary outflow of funds and
present an opportunity to negotiate a useful asset / income arrangement with existing parties. It will require flair and there are some experts who may be willing to have a go.
Better positive action now than a wobbly woo approach. So receivership may not be the end of this story if this route is taken. The BOD need to think of your interests first.

[shaunx] 31/12/2022 08:46

So at this point an RNS would need to be issued by Tomco confirming permit approval adding value to the share price.Finance follows shortly after.

[talais] 31/12/2022 08:28

https://fs.ogm.utah.gov/bbooks/2022/10_Oct/Docket/2022-024_471-02_HSOandACOil/2022-024_20221208.1_FindingsOfFactConclusionsOfLawAndOrder.pdf

[talais] 31/12/2022 08:26

If no one disapproves we should get news after the 8th January,8. Notice re: Right to Seek Judicial Review by the Utah Supreme Court or to Request Board Reconsideration: As required by Utah Code Ann. § 63G-4-208(1)(e) through (g), the Board hereby notifies all parties in interest that they have the right to seek judicial review of this final Board Order in this formal adjudication by filing a timely appeal with the Utah Supreme Court within 30 days after the date that this Order is issued. Utah Code Ann. §§ 63G-4-401 and 403. As an alternative to seeking immediate judicial review, and not as a prerequisite to seeking judicial review, the Board also hereby notifies each party that it may elect to request that the Board reconsider this Order, which constitutes a final agency action of the Board. Utah Code Ann. § 63G- 4-302, entitled, "Agency Review - Reconsideration," states:(1)(a) Within 20 days after the date that an order is issued for which review by the agency or by a superior agency under Section 63G-4- 301 is unavailable, and if the order would otherwise constitute final agency action, any party may file a written request for reconsideration with the agency, stating the specific grounds upon which relief is requested. 4880-3426-7711- 10 -(b) Unless otherwise provided by statute, the filing of the request is not a prerequisite for seeking judicial review of the order.(2) The request for reconsideration shall be filed with the agency and one copy shall be sent by mail to each party by the person making the request.(3)(a) The agency head, or a person designated for that purpose, shall issue a written order granting the request or denying the request.(b) If the agency head or the person designated for that purpose does not issue an order within 20 days after the filing of the request, the request for reconsideration shall be considered to be denied.Id. The Board also hereby notifies the parties that Utah Admin. Code Rule R641-110-100, which is part of a group of Board rules entitled, "Rehearing and Modification of Existing Orders," states:Any person affected by a final order or decision of the Board may file a petition for rehearing. Unless otherwise provided, a petition for rehearing must be filed no later than the 10th day of the month following the date of signing of the final order or decision for which the rehearing is sought. A copy of such petition will be served on each other party to the proceeding no later than the 15th day of the month.Id. See Utah Admin. Code R641-110-200 for the required contents of a petition for Rehearing. If there is any conflict between the deadline in Utah Code Ann. § 63G-4-302(1)(a) and the deadline in Utah Admin. Code R641-110-100 for moving to rehear this matter, the Board hereby rules that the later of the two deadlines shall be available to any party moving to rehear this matter. If the Board later denies a timely petition for rehearing, the party may still seek judicial review of the Order by perfecting a timely appeal with the Utah Supreme Court within 30 days thereafter

[ducky fuzz] 30/12/2022 22:07

Sorry lopodop .. I'm going to filter you. Fenners66 is worth listening to, but you are
not. Have a Happy New Year and your new years resolution should be to do something with your life. Byeeeeee. DF

[lopodop] 30/12/2022 22:00

SL
Who are the experienced investors still aboard by the way? OR are they embarrassed to say?

[damac] 30/12/2022 21:00

Vauch.....

Under the terms of the lease, the third party still has 14 months to get it operational.....


10th February 2022


Third Party Lease

TSHII has entered into a 10 year lease with a tenant starting from 1 March 2022 covering an existing refinery on the TSHII site that is not required for Greenfield's plans and was previously scheduled to be demolished should Greenfield acquire 100% of TSHII. The tenant intends to develop a 10,000 barrels of oil per day refinery on the site and under the terms of the lease has two years in which to do so without potentially forfeiting the lease.

The lease requires the tenant to pay TSHII US$10,000 per month as a monthly rent, together with a further US$3 production rent on every barrel of produced hydrocarbons.

[lopodop] 30/12/2022 20:33

SL
SUPPOSE you were negotiating with JP for GF. What would you offer if you could get it for zilch with a few beans thrown in years later?

[stuart little] 30/12/2022 20:19

The unfilter button should be used wisely. Thankfully it can easily be reversed.

[lopodop] 30/12/2022 20:15

SL
YOU lose it so very quickly - keep your calm - JP will help you in this regard. Most of us have been naive at some time because we trusted others and we learnt then that you should trust no one in business. This is what investors are finding here so it is unhelpful to lead them on as you and DAMAC do. No matter how much you research one cannot pick up all the weaknesses.
Now be a good investor and drink a comforting red wine - in the New Year it will seem so much better and you can find other challenging scenarios.

[stuart little] 30/12/2022 19:53

You arrogant tosspot. Goodbye.

[stuart little] 30/12/2022 18:52

And scaremongering with the suggestion of receivers next week moves you very close to it. Pure stupidity that.

[stuart little] 30/12/2022 18:48

Pray tell why shareholders would approve the disposal of GF for no retained equity and no up front payment? The board can't force this through without our backing. You won't agree or wish to acknowledge this but some of the 2.2bn are held by experienced investors. I've unfiltered everyone for now...I wonder who goes back on the naughty list first.