Up nearly 20 percent, here's hoping for news on the drilling plans soon, including who else is involved in it (Trio, Lafayette, Valkor, ??) |
Drill permits are usually approved / rejected within 60 days, with technical review and site evaluation already processed by adjacent operators could we get a Xmas or New years update, fingers crossed. |
It looks to me like either someone is buying a lot of shares to reach the target to make a bid for the company as note over the past week or so you get many trades going through at the identical time to the second.
Or a fund raise is taking place. |
The next Ggp |
Anybody knows what is happening here. sudden barrage of buys. up 21%. |
I personally think funding has been secured and will be released when permits are granted, there would be no point applying with out funding, |
303m traded, the highest volume since 24 November 2020!
Roll on the next update on drilling the Oil wells.
I'm thinking Valkor will do the drilling after they have finished their own current drilling in December.
I'm thinking funding will come from Trio Petroleum and Lafayette Energy as they want as much of Asphalt Ridge potential as they can get their hands on. |
Next leg up coming |
Good chance to top up |
RNS out!!TomCo (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, announces that its wholly owned subsidiary, AC Oil LLC ("AC Oil"), is party to an application made yesterday to the Utah Division of Oil, Gas and Mining for permitting to drill six holes on its lease area near Vernal, Utah.Subject, inter alia, to the relevant drill permits being granted, and sufficient financing being available, TomCo is currently intending and preparing to participate alongside its partners in potential drilling on the AC Oil lease acreage during 2025.The Company will provide a further update as this initiative develops in due course. |
Placing coming |
Dumped cashed out Profit banked |
100% about to be smashed |
Investors will start to come back in now, and when funding announce will be back in the penny's |
No problem I am expecting 200% today and the same next week, let's get back to .60 |
Can we do 100% today? |
Read all post from yesterday on LSE |
They were published on Utah public permit page earlier this week. Nonsense comment |
So insiders knew this morning |
Great news , I guess they mean valkor |
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