Tomco Energy Share Discussion Threads

[talais] 07/7/2023 14:59

That news was released today

[goulding1215] 07/7/2023 14:57

That update from Quadrise from Utah. Quadrise have a good BOD who communicate with their shareholders.

Tom’s CEO has just spent 3 weeks in Utah been back over 2 days, no update to the shareholders who he treats with total disdain. All he does is eat up the company’s funds on his huge salary. Known as a drone in the bee world. He needs to go, and the AGM will be a good opportunity to write to the Chairman and ask to remove him from his current position for incompetence before he does any more damage, and no pay-off

Fed up with his incompetence and huge salary to achieve zilch. Do us a favour and resign.

[vauch] 07/7/2023 14:53

Then the next delay will be getting a driller.
6 to 8 months

[rmart] 07/7/2023 14:24

edited, that was old news from last month.

[goulding1215] 07/7/2023 13:53

No mention of TOM/Greenfield. Are they sidelining TOM until the CEO is removed?

[talais] 07/7/2023 13:49

The presentation, hosted on Investor Meet Company, will take place at 11:00am on Wednesday, 12 July. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9:00am the day before the meeting or at any time during the live presentation.

[talais] 07/7/2023 13:45

From quadrise rnsToday Utah In June 2023, QIL signed a Site License and Supply Agreement with Valkor Technologies LLC ("Valkor"), under which QIL has granted Valkor the exclusive right and licence to use its technology at the Primary Project Site ("PPS") at Asphalt Ridge in Utah, USA and to market the fuel on a non-exclusive basis from Utah. In exchange, Valkor will pay QIL US$1.0 million conditional on receipt of drilling and underground injection permits for the PPS from the Utah Department of Oil, Gas and Mining and the receipt by Valkor of project financing in an amount of at least US$15 million for the PPS. Valkor will pay QIL a further US$0.5 million upon delivery of a MMU to the PPS. Following Valkor's receipt of the MMU, QIL will provide engineering and other support services for a minimum of two years, and for which Valkor will pay QIL a quarterly retainer of US$75,000. Valkor may then purchase QIL's technology and MMU for US$1.0 million. A non-binding Heads of Agreement has also been entered into between the parties which sets out the basis on which QIL and Valkor will seek to agree a conditionally exclusive Sub-License Agreement to be granted to Valkor covering the state of Utah, as well as the terms on which the resulting net profit generated will be shared between QIL and Valkor. Valkor is leading activities for the award of drilling permits at Asphalt Ridge, following successful exploration drilling in 2022. The oil sands reserves at Asphalt Ridge comprise billions of barrels, with Valkor having interests in multiple projects at this location. Oil samples supplied by Valkor were successfully converted to both MSAR(R) and bioMSAR(TM) by our RDI team at QRF in 2022. Valkor expects the necessary drilling and underground injection permits to be awarded for the PPS in August 2023, with drilling to commence as soon as weather permits, with produced heavy oil available for conversion to bioMSAR(TM) and MSAR(R) for trials later in 2023. These trials would then be expected to lead to commercial supply, subject to discussions with stakeholders to finalise agreements. Through the application of CO(2) sequestration and proprietary new enhanced oil recovery technology in Utah, the extracted heavy oil is anticipated to have a lower carbon intensity than conventional oils. In addition, the very low sulphur content and properties of this heavy oil allow it to comply with the International Maritime Organisation's regulations on marine fuel once converted to MSAR(R) or bioMSAR(TM), without the need for carbon-intensive oil refining. This heavy oil would therefore be a low carbon, low sulphur MSAR(R) or bioMSAR(TM) option for potential use in the industrial, power and marine sectors.

[lopodop] 07/7/2023 13:36

Try Harland & Wolf another of Groat’s companies - Potter would get around £400000 for loss creation.

[rmart] 07/7/2023 13:25

Next RNS from Tomco ?

1. Funding
2. Board changes
3. Agm notice
4. Company Update
5. Something else

[vauch] 07/7/2023 12:18

So John Potter is back from his holiday.

[lukeisbackontrack] 07/7/2023 08:44

rmart6 Jul '23 - 17:14 - 30786 of 30786
0 0 1
I am looking for a new job that gives 60% pay rises for failure. Anyone know of any companies that offer that?
———;——̵2;——

Rmart you already have one- Official tomco ramper suckering mugs in. You deserve a medal. Your 60% is your profit you making weekly going long and averaging down for years.
Keep up great work. We both know you always right

[lopodop] 06/7/2023 18:55

FCA /FRC INVESTIGATION imminent.

[the diddymen] 06/7/2023 18:48

Reichy, TOM is not a bad starting point. That said as you can see from my post above TOM will fold if JP goes. Likewise it will fold if he stays. Rock and a hard place.

[rmart] 06/7/2023 17:14

I am looking for a new job that gives 60% pay rises for failure. Anyone know of any companies that offer that?

[goulding1215] 06/7/2023 07:20

I see the boss of SHELL is making statements today.

Cutting oil and gas production would be "dangerous and irresponsible", the boss of energy giant Shell has told the BBC.

Wael Sawan insisted that the world still "desperately needs oil and gas" as moves to renewable energy were not happening fast enough to replace it.

Finally,for our CEO, Ultimately, I am in the service of shareholder value," he said.
Not chasing a big salary and trashing the share price. Take note John.

TOM has great assets, just need to get moving, will need director changes.

[fenners66] 06/7/2023 01:05

Certainly is. I can't understand why they could turn against him , after we have highlighted his lack of experience for so long and the obvious failure to deliver anything except share dilution and excessive directors remuneration. There are no surprises for the gamblers. They could have just taken more notice of us in the first place !

[haggismchaggis] 05/7/2023 18:20

Yeah, people don't buy in these numbers unless it's to round up to the nearest 000 figure, or if it how it works out when buying by the £ figure, but it would be a miracle if that fitted all of these trades in the same day. The 11111 and 22222 make no sense because the dealing charges add at least 50 percent and 25 percent respectively to the cost, just not worth doing at all.

[cheshire2] 05/7/2023 16:03

all the four's now, must mean something ??

[talais] 05/7/2023 15:45

Got the 1s and 2s now

[jaynealex] 05/7/2023 10:54

If all that had any chance of happening we wouldn't be struggling for finance, we wouldn't be hinting at giving most of it away for a free ride

And ultimately a big player would have swooped in , bought us out and got on with it

[haggismchaggis] 05/7/2023 10:54

3,333,333 buy trade. Is that trade of all 3's supposed to be some sort of signal? Strange to pick a number like that.

[rmart] 05/7/2023 10:40

All we have had is 10,000 barrels of bs.

[goulding1215] 05/7/2023 09:51

I love the optimism. That has being going for over a year now.

[talais] 05/7/2023 09:37

I thought it was always going to be a 5000 a day plant then option to upgrade to 10,000