Tomco Energy Share Discussion Threads

[ajj2003] 31/12/2023 16:05

Looking forward to a happy and prosperous New Year for all.

[goulding1215] 29/12/2023 13:48

Lots of small buys.could be sharp speculative buys. I don’t see anything before the New Year. How early, no idea, but they will have to sharpen their pencils first. Hopefully news, good news, please.

[cheshire2] 29/12/2023 13:44

54 of thoes transactions all went through at 1216, has someone put a buy recommendation on their website ??

[talais] 29/12/2023 11:23

Sudden pick up in volume,

[fenners66] 29/12/2023 08:18

So what is it now?
2 Years since they embarked on attempting to buy TSHII with no progress towards the
90%.

The whole world now knows - they cannot organise a p*ss up in a brewery !

[talais] 29/12/2023 08:12

Looks like Tuesday RNS, funding for 90% of tar sands , or another delay and placing, and will the placing be at another 40% premium, gla

[the diddymen] 29/12/2023 02:17

Should have added that approx 67% of value lost over same period.

[the diddymen] 29/12/2023 02:14

A year ago tomorrow

TomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to provide an update with respect to the Company's 100% owned subsidiary, Greenfield Energy LLC's ("Greenfield"), potential acquisition of the remaining ownership and membership rights and interests in Tar Sands Holdings II LLC ("TSHII") (the "Membership Interests"). As previously announced, Greenfield owns a 10% Membership Interest in TSHII and holds an exclusive option (the "Option"), exercisable at its sole discretion, to acquire the remaining 90% of the Membership interests for additional cash consideration of US$16.25 million up to 31 December 2022 (the "Agreement").

The Agreement has now been varied in order to extend the exercise period of the Option. Accordingly, Greenfield may now exercise the Option, at its sole discretion, by delivering a notice of exercise on or before 28 February 2023 and making payment of the US$16.25 million cash consideration by no later than 3 March 2023.

There can be no certainty that the required funding can be secured to complete the acquisition of the remaining 90% of the Membership Interests and further announcements will be made as and when appropriate.

Enquiries :

[danmart2] 28/12/2023 13:08

Genuinely amazed this company is still alive

[fenners66] 28/12/2023 12:25

oh and I could add "begambleaware.org"

[fenners66] 28/12/2023 12:24

"no business" loss making companies , only alive with the largess of gamblers buying shares
with no income "

Answers that succinctly.

[usernametony] 28/12/2023 11:11

I question your motives for being a constant basher of a share?

[fenners66] 28/12/2023 09:45

Strange how these...
"no business" loss making companies , only alive with the largess of gamblers buying shares
with no income - attract a particular type of poster fairly regularly.

The type of poster that only posts about one company.
The type of poster that never adds any detail , about anything , but obviously not about the company....
The type of poster that is always anti anyone who critically examines a company...

Now why could that be ?

[1dutchman] 28/12/2023 09:12

A temporary 20% bump yesterday on a total of £20,000 in trades? Ahaha! Keep drinking the kool aid. I can't believe there would be any incentives tied to a year-end share price, but the gamblers should beware of yet another ruse designed to lighten their wallets.

[talais] 28/12/2023 08:16

Be interesting to see if the buying continues today,Could Tomco finally do something positive,

[usernametony] 28/12/2023 07:49

Haters gonna hate especially when we re-rerate!

[fenners66] 27/12/2023 17:19

TOM shares up today .
We know what that means , more shares about to be issued as a funds raise.

Keep them alive gamblers , you know it makes sense ... for the directors.

[haggismchaggis] 27/12/2023 15:39

20% up now!

[haggismchaggis] 27/12/2023 14:28

10,000,000 shares buy, up 10%

[the diddymen] 22/12/2023 10:28

Lopo

To all intents and purposes the company has neither material assets nor any IP of any value.

Toast comes to mind.

Not too long now.

[lopodop] 21/12/2023 19:24

TD
WELL the Board is certainly defying gravity and has exasperated the UK MARKET- will The Board takes its wares to US and seek out more risk averse players to further it’s activities.

[the diddymen] 18/12/2023 20:38

Lopo the only beneficiaries are the employees (1) and the hangers on.

In terms of the shareholders it is just a matter of time before they are wiped. Time probably has some value but not a lot.

[lopodop] 18/12/2023 14:25

But it ‘pays’ to keep this dream alive!

[fenners66] 18/12/2023 14:07

Another year gone .... with nothing done..
and still they believe... LOL.

I have often wondered what sort of people join cults and end up doing some things that are
really stupid.
Some things that most would not consider....