Tomco Energy Share Discussion Threads

[bungeetrader] 21/2/2024 07:45

FFS!
Not feeling so good now.......

[thesageofsaint] 21/2/2024 07:44

As day follows night. Jeez this con is played out with such unabashed contempt for integrity that it is actually even more contemptible than a gang of gypsy roofers. I will hold my hand up and accept I was wrong. I have been calling a consolidation ever since the share register reached 1.5b, now we are at 4b and still they plough on. I think that the narrative is so exhausted that no nomad or shady broker would get involved in the creation of a new vehicle and story. Every lie has its comeuppance and this one is just taking longer than it should. Just shows how corrupt the financial world is. But the world is still full of dunces who believe the scam. 'Safe and effective jabs, Putin evil, Ukraine a democracy, orange man bad, immigration is positive', blah blah blah!!!

[andy197180] 21/2/2024 07:21

Unbelievable. JP, just go now

[vauch] 21/2/2024 07:15

That will take us to June now so no news soon

[the diddymen] 21/2/2024 07:09

Oh well now the other thread know what all the bollix of the last few days were about and idiots who fell for it will have been rinsed.

No finger prints on Zac's comments then. He just needed a few shareholders to add 3 and 2. Shareholders obliged.

July/August will be the next time for a raise.

[1dutchman] 20/2/2024 18:10

But don't worry, Zac is an industry finance guy - - he'll save the day. In truth, the only person who has known longer than Byle that CORT was doomed to failure was Zac, who knew that it would never be funded. But why admit that to shareholders? Zac is pals with Louis and Groat and, hey, isn't it great that these shareholders continue to pay directors who have never invested a penny in the company from which they are drawing generous emoluments?

[1dutchman] 20/2/2024 18:02

The facts are quite simple. TOM's CEO has no industry experience. Nil, none, zero. He trained in catering and the last value he created was pouring a beer at Wembley. He spent the last three years being led by the nose by Valkor's Steve Byle, who had his own agenda that certainly was not consistent with that of TOM's shareholders. To be fair, after picking TOM's pockets in order to keep food on the table during COVID, Byle subsequently tried to help Potter out by giving him a contract to engage with Utah officials re: leases and permits. Strange, then, that Potter never showed up in any of those videos of the Utah Board reviewing those permits. But Byle is no idiot - he knew all along that CORT wasn't commercial and he eventually had to dispense with the relationship with Greenfield and TOM. And now he has new relationships with Ecoteq and Triad and has left poor JP on his tod.

[1dutchman] 20/2/2024 17:50

Ecoteq is another incestuous Valkor relationship. If Talais had done his homework, he would know that Ecoteq took over Valkor's oil sands leases but has no money to work those leases. The company did a reverse into a Valkor subsidiary a year ago and raised a grand total of £400k and nothing since. Let's see, TOM manages to burn through about £600k per year with one employee. Ecoteq must be on fumes by this point. No saviour here.

[1dutchman] 20/2/2024 17:45

Who needs Rmart's righteous ramping routine when his mantel has clearly been taken up by Talais? First we have Vauch citing a Vivakor CEO who left more than a year ago. And as KD pointed out, Vivakor left Utah shortly thereafter, setting up residence in Texas. Interestingly, though Vivakor still has an oil sands lease in Utah, they have focused their efforts instead in Houston and Kuwait (where the UN is paying their operating expenses). So Vivakor won't be partnering with Greenfield or dedicating an RPC to Asphalt Ridge. But what about Talais' Ecoteq?

[gjabrj] 20/2/2024 16:11

Must be some delayed buys still to show

[bungeetrader] 20/2/2024 16:03

Got a good feeling about this.
Is this our time........?

[talais] 20/2/2024 15:13

Sp moving up nicely

[talais] 20/2/2024 13:31

Last bit sounds like it includes Tomco energy, https://www.prnewswire.com/news-releases/ecoteq-energy-asa-and-valkor-llc-secure-long-term-agreements-for-production-in-utah-usa-302008873.html "Considering the reserves encompassed in this agreement and the unique qualities of the region, we are positioned to sustain significant production levels for decades to come. Our alliance with Valkor extends beyond this venture, as we foresee the joint development of additional prospects within the Uinta Basin," adds Bengtsson.

[fenners66] 20/2/2024 12:12

Wow , that is the first time I have read a non-fantasy ramptastic post from Terry , on any thread.

If anyone has not kept up with their posts on TOM and PET , then they gained the name based upon a Viz character.

But to put some sense on to the other board at last ?!?

[talais] 20/2/2024 12:11

https://feeds.issuerdirect.com/news-release.html?newsid=8655565346819686

[talais] 20/2/2024 12:10

Could this plant be for tarsands 2

[talais] 20/2/2024 12:10

From 5th February 2024Vivakor Achieves Milestone for its RPC in Houston, TexasCompleted Factory Acceptance Test and Now Working Toward Commercial OperationsDALLAS, TX / ACCESSWIRE / February 5, 2024 / Vivakor, Inc. (Nasdaq:VIVK) ("Vivakor" or the "Company"), a clean energy technology company focused on the oil remediation and natural resources sectors, is pleased to announce the completion of the factory acceptance tests for its Remediation Processing Center (RPC) in Houston, Texas.The tests were done in conjunction with RK Energy and checked out all the Control Logic, Operating Screens, PLC controls, Plant Interlocks and all plant equipment/instruments/devices.This represents a major milestone in moving forward towards operation. The Vivakor team is pressing forward to gain the necessary permits and access to power for the site, which are the final steps needed to get the RPC into commercial operation.Vivakor Chairman and Chief Executive Officer James Ballengee commented, "This is a significant milestone and provides support for some of the rationale behind our acquisitions from the summer of 2022, as we believed in the synergies between the RPCs and our oil and gas expertise. We have now successfully completed the onsite Factory Acceptance Tests (FAT) on our Remediation Processing Center (RPC) located in Houston, Texas, and look forward to moving this unit into commercial operation."Ballengee, continued, "We are excited to establish this first-of-its-kind center for processing and recovery of tank bottom sludge and other oil-industry waste. Millions of tons of this waste are generated annually, just within the U.S. and are typically treated with hardening agents and disposed of in hazardous waste landfills. The goal of our facility is to process this waste and recover and recycle the embedded oil - reducing the need to drill for new oil and preventing the waste from ending up in landfills."Vivakor previously entered into a 10-year Land Lease Agreement, under which the Company agreed to lease approximately 3.5 acres of land in Houston, Texas (commonly known as The San Jacinto River & Rail Park, 18511 Beaumont Highway, Houston, Texas). When the RPC's main plant is fully operational, Vivakor's expectation is for processing 700 to 900 tons of raw material a day for an average of 600 to 800 barrels of crude production on average and production of 100's of tons of clean solids with less than 1% Hydrocarbons per 24-hour day.As plant wide construction and main power to the facility finalizes along with the construction completion of the Wash Plant, the RPC will be ready to perform its final tuning using cleaning fluids and raw materials fed to it by the wash plant/raw material handling side.Once operational, this will be Vivakor's first site to process tank bottom sludge and other oil-industry based waste. The plan for the facility is to recover the oil within the sludge utilizing its patented, environmentally-friendly RPC processing technology, which has been validated for the treatment of soil. Recent testing of the RPC technology at another site showed the treated soil Total Petroleum Hyrdrocarbons range was measured between 0.2% to 0.4%, which was well within the excepted range of TPH < 1%.RPCs are designed, engineered and manufactured off site and then moved on site for construction and the Factory Acceptance Test.

[kdickson] 20/2/2024 11:59

From June 2023 Proactive article:

Vivakor said it is relocating its Remediation Processing Center 2 (RPC #2) from Vernal in Utah to Kuwait based on successful trial results yielding less than 1% total petroleum hydrocarbons (TPC) in treated contaminated soil.

The trial, conducted at the South Kuwait Excavation, Transportation and Remediation Zone III project in the DIC Yard, Mina Abdullah, Kuwait, was deemed a success, with the commissioning phase concluded and approved to move to commercialization.

In the final treated soil, which started within a range of 7% and 10% TPH and 10% to 15% TPH, the TPH range was measured between 0.2% and 0.4%, within the expected TPH range of less than 1%.

Vivakor believes the relocation of RPC #2 will allow it to generate revenue from its operations in 2024.

The company expects to begin the dismantling process for RPC #2 by the end of June and expects it to be in Kuwait during 4Q 2023.

[kdickson] 20/2/2024 11:58

Vivakor are no longer in Utah.

[talais] 20/2/2024 11:50

It could finely all fall into place, gla

[vauch] 20/2/2024 10:52

Also from 2022
Vivakor (NASDAQ:VIVK) Inc told investors it has signed a lease with Tar Sands Holdings II (TSHII) and an agreement with Greenfield Energy, which, together, are expected to provide it with multiple years of rich oil sands supply, along with access to world-class operational services.

The South Salt Lake City, Utah-based company said the multi-year lease allows it up to 2,000 tons per day of oil sand material, which is guaranteed by TSHII to be at a minimum of 10% hydrocarbon by weight, that is expected to produce up to 200 tons of asphalt cement per day when processed through four of Vivakor (NASDAQ:VIVK)'s patented Remediation Processing Centers (RPCs).

"Locking in a reliable supply of rich, raw oil sands was an important step in preparation to execute long-term sales contracts and prepare for the continual production and sale of asphalt at our Vernal, Utah facility," CEO Matt Nicosia said in a statement.

[betbracket] 20/2/2024 10:12

Gonna make some real cream.

[haggismchaggis] 20/2/2024 10:09

8.6m buy there!