Tomco Energy Share Discussion Threads

[the diddymen] 16/5/2024 14:02

Very close now. Closing in on W-3.

When I have a moment I will get chatGPT to write the administration notice rns. That could save the board a bob or so. Perhaps TOM was an early adopter of chatGPT and for some years the board refer to it for the narrative. A new type of virtual company.

[fenners66] 16/5/2024 12:06

The surprising (or maybe not) thing about the indoctrinated on the other thread, is
they keep getting punished and they just accept it.
In fact they start to justify it as something to celebrate.

TOM spent a fortune getting Valkor to engineer a CORT test plant - that failed.

The "victims" were celebrating the loss and dilution and cheer leading Valkor.

Now Valkor has supposedly used what it learned to make another better plant - no involvement of PQE or TOM

Thanks for the cash and the ideas - we can now cut you out.

What sort of business has TOM been working with if that is the outcome?

All this (when they wake up) will be a surprise to the other threads deluded.

But we told them , from day one.

And their response ? Tell us to leave them alone and just let them take their punishment... they earned it.

[the diddymen] 16/5/2024 07:58

Despite financing Valkor's development costs there is still no RNS to establish the implications of the announcement that Valkor have a substantially better (allegedly) extraction process part financed by TOM. The sort of questions which come to mind is who has rights to use the process, what will the incremental cost be to TOM (if any) if they are to be allowed to use it, and what is the impact on the '$250m' finance package?

Plenty more questions of course not least on cash and financing the biscuit tin in the coming weeks.

Nothing for shareholders to see then.

[the diddymen] 15/5/2024 11:40

The £18k purchase looks horribly contrived. No idiot would invest that sum of cash in TOM unless it were part of a wider action. Assuming there are more transactions shareholders should sell into any rise and grab what they can. Last chance saloon stuff.

[talais] 15/5/2024 11:38

Large trade???

[vauch] 15/5/2024 11:06

Yep I had a picture sent to me this AM as confirmation.

[the diddymen] 14/5/2024 17:21

Talais - how does that sit with the strategy?

Talais14 May '24 - 15:20 - 31383 of 31383
0 0 0
Heavy sweet oil , are drilling

hxxps://www.drillingedge.com/utah/uintah-county/wells/hso-8-4/43-047-57202

[talais] 14/5/2024 15:20

Heavy sweet oil , are drilling https://www.drillingedge.com/utah/uintah-county/wells/hso-8-4/43-047-57202

[fenners66] 14/5/2024 14:49

Don't get me wrong,
I don't believe the latest "Valkor version" with its secret sauce will be any different to the last
it has the same claims etc. and they are looking for money ....

its only that it admits the PQE version that TOM invested shareholder millions in - is useless.

Just as we said it would be.

Clearly if the deluded have not worked it out yet .... Valkor have moved on there will Never be any
funding for Greenfield and TOM will never have to give away 29% of the shares.

The proof of that concept is right there in the "new IP"

But its taken a few years for Valkor to spell this out in words that even the deluded can understand.

Over here I said it from day one . They gave up nothing donating the liability of Greenfield to TOM
and they were Never getting anything in return.

They have learned the hard way - all they had to do was have a bit of commercial sense instead.

[vauch] 14/5/2024 14:36

I have sent Coby an email.

[vauch] 14/5/2024 13:51

Not sure but will try to get in touch with the CEO.

[lopodop] 14/5/2024 13:42

Who is the third party exactly?
Of course Tom is indebted to Valkor or has this changed?

[the diddymen] 14/5/2024 12:33

Fenners unless I am missing something Valkor are credited with the IP:

"Valkor has previously undertaken the redesign and operation of a pilot tar sands plant located at the Asphalt Ridge facility in Utah. The purpose was to validate various aspects of the process, setting the stage for broader implementation in a full-scale facility. The initial pilot utilized a more cumbersome and less sophisticated process developed by others, and its performance was meticulously reviewed and verified by a third party."

While there has been no verification of the source, assuming it is correct, this means that the rights to the process are owned by Valkor or an associated party. TOM presumably have rights the 'more cumbersome and less sophisticated process'. It would appear that the TOM team have financed Valkor to do the research but have failed to secure access to the IP. TOM now have to find funding using the cumbersome process.

W-4 now - not a lot of time to fill the biscuit tin to stop the appointment of an administrator.

[fenners66] 14/5/2024 12:14

"Opportunities for additional acreage and plant development are available for the right investment partner."

looking for another "mark" then....

[fenners66] 14/5/2024 12:12

The dreamers on the other thread ... I thought you could not make it up any more but..

So they have found a 1 page website... one of them could have knocked it up.

It says what we said all along about Petroteq - their plant failed.
No it does not out and out say it , just says they have the secret sauce to make every part of it better, i.e. TOM wasted millions on it and Valkor is not the least bit interested in either the plant that TOM spent cash on
or the land they have paid a deposit on , as they think they can develop a better plant and run it on rented state land.

In other words everything we said on here for years - was correct.

[talais] 14/5/2024 11:40

If it is new, could be very interesting,Valkor have redesigned the feed, could that now release funding, Valkor has dedicated the past year to the development of a significantly superior technology, surpassing anything currently available in the market. The new design is poised to bring about a substantial reduction in overall energy consumption, diminish environmental impacts through emissions reductions, and foster cleaner production practices, all while yielding higher-quality products

[talais] 14/5/2024 11:36

Vauch,What date was that published,

[talais] 14/5/2024 11:29

From their web pageProject Details:Exodus intends establish a tar sands facility on an parcel of State-leased land northwest of Vernal, Utah, utilizing its cutting-edge technology. The verified reserve within the parcel is estimated to contain approximately 100 million barrels of Bitumen oil, with a current market value exceeding $7.5 billion USD. When factoring in the value of the sand, the overall project value exceeds $10 billion USD. Opportunities for additional acreage and plant development are available for the right investment partner. Despite employing the most conservative revenue projections, this facility is anticipated to recover its capital expenditure (CAPEX) costs within three years from the start of construction. These projections outlined here are based on the construction of a single plant with a daily oil processing capacity of 3,400 barrels per day (BOPD). At the initial processing rate, it would take a century to fully process the entire oil reserve. To accelerate the processing timeline to 15 to 25 years, we envision constructing four to six plants of similar or larger size on the site to meet this ambitious goal

[vauch] 14/5/2024 08:41

Yep interesting trader.

Exodus Energy Evolution

At Exodus Energy Evolution, we are leading the charge in transforming tar-infused waste sands remediation and extraction from an environmental disaster into a model of sustainability and environmental responsibility. Our innovative process technology provides a highly strongly eco-friendly alternative to traditional methods, offering a pathway to cost-effective and environmentally conscious heavy oil production.


Successful Implementation of Pilot Tar Sands Plant
Valkor has previously undertaken the redesign and operation of a pilot tar sands plant located at the Asphalt Ridge facility in Utah. The purpose was to validate various aspects of the process, setting the stage for broader implementation in a full-scale facility. The initial pilot utilized a more cumbersome and less sophisticated process developed by others, and its performance was meticulously reviewed and verified by a third party. This external evaluation encompassed operating data, process simulation data, and the Front-End Engineering Design (FEED) report, providing an independent technical assessment. The operation of the pilot plant followed a systematic approach, verifying the performance of various technologies against theoretical limits. Changes were introduced incrementally, allowing for observation and measurement of their effects. Since the validation of the pilot plant and the termination of that contract, Valkor has dedicated the past year to the development of a significantly superior technology, surpassing anything currently available in the market. The new design is poised to bring about a substantial reduction in overall energy consumption, diminish environmental impacts through emissions reductions, and foster cleaner production practices, all while yielding higher-quality products.

[lukeisbackontrack] 13/5/2024 10:19

Damn, what a ride

[lukeisbackontrack] 11/5/2024 15:30

Rmart took this amazing opportunity and bought again, his average now is 0.029, champ in profit again. Keep up great work. Good weekend all

[the diddymen] 11/5/2024 06:50

At last week's level of trading it is pointless for TOM to have a listing. Posters on the gamblers thread appear to have voted with their feet (their cash is irrecoverable now) with only two posts - both from stalwarts. Arnie 'I'll be back' Long is posting, but not on TOM. Should it be Annie 'I'll be back' Long?

[the diddymen] 10/5/2024 07:10

W-4. 4 Weeks left to go. While ground zero will never be absolute this dog of a narrative company which will have stripped many of cash, will no doubt RNS their demise with all the valiant efforts to generate shareholder wealth.

In advance of the final breath perhaps this thread should help the BoD write their last RNS.

[the diddymen] 09/5/2024 07:08

No trades yesterday, no posts on the deluded thread and no RNS this morning, and over half way through W-5 until 'cash zero'.