Tomco Energy Share Discussion Threads

[ducky fuzz] 10/2/2022 11:27

I have read the RNS twice and I cannot understand why our share price has not rocketed. Anyone any ideas why ...

[wilson2] 10/2/2022 11:22

Tomco's vehicle it's traveling in only has reverse, look at the graph over the years, definitely not forward

[lopodop] 10/2/2022 11:06

Vauch
If the prospects were so very good and particularly with Cantor's appearance the share would be settling in the region of 2p having hit 3p plus at least. Its struggling to hold on to the .60's - come on, use your loaf, there is something / s out of sync here. Still you are a most loyal investor and full marks for holding your nerve! Well done!

[wilson2] 10/2/2022 11:05

The government gave Nissan £100,000,000 to create 10.000 jobs at Sunderland and the other think a one man band is going to be able to raise $170,000,000 build an oil refinery and a railroad, what utter nonsense

[ajj2003] 10/2/2022 10:35

Zac back on the case again, weekly close above 0.67 then off to 0.95 ;)

hxxps://www.voxmarkets.co.uk/articles/traders-cafe-with-zak-mir-bulletin-board-heroes-february-10-aceca55

[damac] 10/2/2022 10:12

Another example of underlying messages that are usually in RNS's.....


"TSHII has entered into a 10 year lease with a tenant starting from 1 March 2022 covering an existing refinery on the TSHII site that is not required for Greenfield's plans and was previously scheduled to be demolished should Greenfield acquire 100% of TSHII."


The underlying message here is that funding (as part of the large funding package required) to secure the remaining 90% of Tar Sands Holdings II LLC is very close to conclusion. Greenfield were going to demolish this refinery when they acquired the remaining 90%. The fact that Greenfield have now been allowed to lease this refinery out tells you......

[lopodop] 10/2/2022 10:10

RMART
You are not helping TOM in the least with your mood swings. Don't forget dear CORCEL - that needs some tlc.

[ajj2003] 10/2/2022 10:01

Have Tomco / Valkor now allocated an established PR person as more tweets in the last month than I can remember. Certainly going to be busy ;)

TomCo Energy PLC
@TomcoEnergyPLC
·
1h
Read our latest update on certain recent developments in connection with the Company's plans for a potential commercial scale project on the mining properties comprising the Tar Sands Holdings II LLC site located in the Uinta Basin, Utah, United States.
hxxps://polaris.brighterir.com/public/tomco/news/rns/story/xpen23r

[fishyneck] 10/2/2022 09:54

well done John on another revenue stream in the making. I'm sure John would have loved to have named the commercial partner, one capable of refining 10k a day is obviously a serious player. As pointed out here it is clearly commercially sensitive for our new tenant. The emission of their identity in no way lessens the quality of the RNS for me.

We now have the very real possibility of drilling exploration wells in a few weeks then, on a trouble free basis, turning them into production by mid 2022. Along with the excitement of the funding closure in Q2 resulting in completion of TSH2 purchase and commencement of construction of our plant. Then further wells to be drilled during the construction period. Its taken a long time but I do believe we are now getting somewhere!

[wilson2] 10/2/2022 09:54

What did rmart say

[rmart] 10/2/2022 09:46

no more replies from me on here but for simply repeating this post. You lot are simply not worth it.

lopodop, fenners66, thediddymen, ace ventura, wilson2

Anyone dropping in here please take note, the above posters have been trashing tomco for years. They will NEVER accept tomco is moving forward. Totally biased and a crazy daily deramping gang.

[daar] 10/2/2022 09:40

Pump is on!!!

[lopodop] 10/2/2022 09:38

RMART
Why take things personally. This is for open discussion? Now it would be helpful for the chairman to tell us when the audited accounts are arriving for these may fill in a lot of the gaps and help support your euphoria. Last year these came mid February but this year with so many open points could be a month later.

[rmart] 10/2/2022 09:29

lopodop, fenners66, thediddymen, ace ventura, wilson2

Anyone dropping in here please take note, the above posters have been trashing tomco for years. They will NEVER accept tomco is moving forward. Totally biased and a crazy daily deramping gang.

More examples of this groups despicable agenda above. Not a single one of them prepared to congratulate JP on the great deal for tomco. - PATHETIC.

[lopodop] 10/2/2022 09:29

SL
'Our one man band' properly sums up this business. Who discovered 'our refinery' - is it?

[damac] 10/2/2022 09:24

I agree Rmart, the funding for the 5k bopd plant is further risk reduced by today’s RNS as certain elements of finance required over the period is now being covered by another income stream that has no outlay cost to Greenfield. Everything a potential funder of the larger finance required would like to see.

[lopodop] 10/2/2022 09:23

Damac
Absolute balderdash. Of course listed companies are pleased to name the parties with whom they do business. So why not here - what is JP embarrassed about? Is their financial standing in doubt? This is where JP crashes down time and time again - always rough and ready but you people go along with it. Pull him up for heaven's sake and tell him. Any wonder why the non execs leave. The chairman should exert control over this nonsense.

[damac] 10/2/2022 09:19

SL, most likely off-takes agreements for the oil and sand products I’d say.

[rmart] 10/2/2022 09:18

a bit of an error on my figures on the dark side.

10 year royaly income from the refinery lease = $110m + $10,000 per month rent.

Remaining cost of the 90% land cost $18m.

Forget everything else for now.

Loan for $18m at 10% interest over 10 yrs. Total repayable $28,544,559.17

Loan payment $237,871.33 per month.
Income : 10,000 x 30 = 300,000 x $3 = $900,000 per month.

Who would refuse to lend on that basis? 10% interest is too high by the way.

Now add in our 5,000bopd plant and the production from the shallow wells.

= NO BRAINER.

[stuart little] 10/2/2022 09:15

"In parallel, we are progressing the previously announced due diligence exercise being undertaken by a financing party currently interested in backing our plans for Greenfield, together with other matters in relation to the TSHII site."I wonder what the other matters are? He's working hard our one man band! :-)

[damac] 10/2/2022 09:13

Yep, they will announce when they are ready to do so, standard business practice. The bed wetters on the other thread have no understanding of business though.