Tomco Energy Share Discussion Threads

[rmart] 11/4/2023 13:25

real sell price is .352, mms games widening spread to try and put off buyers.

[lukeisbackontrack] 11/4/2023 13:08

In emotional super trader we trust

[talais] 11/4/2023 12:54

Hope there's more to follow,

[goulding1215] 11/4/2023 12:49

Not a bad start for for first day back. Would be nice to break 10% although boosted by the one trade.

[fenners66] 11/4/2023 12:32

Currently about 0.313p less 15% discount so 0.266
On say £250k , would be about 94million shares....

[fenners66] 11/4/2023 12:26

Someone with a vested interest trying to get the price up , prior to the convertible loan issue... ?
Volume weighted average price of the last 15 days less 15%

[vauch] 11/4/2023 12:19

OK now i'm interested a 10k buy

[shaunx] 11/4/2023 12:15

Is that your 10 million buy Andrew?

[canny lass] 11/4/2023 12:12

37,000KSomeone must be confident.

[canny lass] 11/4/2023 11:32

I tried to pick up some more at 0.34, then 0.35, but the MM's were not interested. It is possibly for the better as I am way over invested here. Down a fortune at the moment. Hopefully better times ahead.

[wilson2] 11/4/2023 10:09

Only a few days ago rmart was slating Tomco and the management as useless

[vauch] 11/4/2023 09:54

Where is Ducky.

[rmart] 11/4/2023 09:40

Nt to buy , .36 for anything over 200k, finally some indication that buyers are about and mms are short of stock.

[rmart] 11/4/2023 09:30

1.5m block buyer?

[goulding1215] 11/4/2023 09:20

Some good posts last night.

[rmart] 11/4/2023 08:19

Nice to see a bit of early blue. Funding news must be very close now imo.

[rmart] 11/4/2023 08:19

Ha ha, a full Easter weekend of bashing and up we go. What a waste of time.

[the diddymen] 11/4/2023 07:47

Lopo, the investors do not have concerns!

[lopodop] 11/4/2023 06:59

Has PKF demonstrated the requisite industry and technical expertise / capability to handle TOM's audit? It's not just about going concern per se - there are some fundamental issues which ought to raise investors' concerns.

[fenners66] 11/4/2023 00:29

And still TOM does not say whom the mystery benefactor is that is supposed to be paying them $10k a month....

[1dutchman] 10/4/2023 23:49

Diddy - I agree re: the card castles. Unfortunately, it is only when an enterprise collapses that the official scrutiny begins. Has JP always been honest with the Board? Is his (and the Board's) inexperience in the industry an adequate cover for plausible deniability about how Byle & Co have led them down the rosy path? Isn't it the Board's responsibility to shareholders to ensure that the company is led by a knowledgeable and experienced leader? Are there reports or documentation that might show otherwise? For instance, the other thread frequently has taken great solace from the reserves estimates provided by Chapman Petroleum Engineering, a 4-man shop out of Calgary. Interestingly, despite being in Canada, the home of giant oil sands projects, Chapman professes no expertise in oil sands (their area of expertise appears to be Russia and Kazakhstan). Nonetheless (or perhaps because of this?), none other than PQE has used Chapman for years for their oil sands reserve estimates in Utah. In fact, it was Chapman that estimated significant reserves at the site of PQE's CORT pilot plant, only for PQE (And Valkor. And Tom.) to learn that, in fact, those reserves did not exist. Thus requiring Tom to ship sand (for Valkor's project at PQE's plant) from TSII. And now Valkor (and by extension, Tom) uses Chapman to vouch for the reserves on its leases? Curiouser and curiouser. PQE has already bitten the dust. Valkor only uses 'other peoples' money' so has no exposure. (Even Vivakor has flailed so badly that the entire board was replaced last month.) So the only group left propping up the oil sands card castle is none other than Tom. A UK tiddler which no institutional investor will touch. Which is strange because Tom boasts a CEO with no industry or international work experience who professes expertise in handling oil sands investments and attaining oil drilling licences in Utah, USA. We shareholders can all sleep better knowing that.

[fenners66] 10/4/2023 23:11

How do they retain a warrant reserve?
The warrants outstanding at 30 September 2022 had a weighted average exercise price of 0.88p (2021: 0.88p) and a weighted average remaining contractual life of 0.15 years (2021: 0.95 years).

[fenners66] 10/4/2023 23:11

Valkor has always had TOM right where they want them.
Pulling out of the JV so that TOM had to pay 3rd Party rates for the CORT plant refit and thereafter leaving TOM with all the "Intangible assets " on the Balance sheet ... if anyone officially said that CORT was not ever going to be commercial the balance sheet is in trouble.