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Also remember the share price went up 30% last time just before the last raise. I’m convinced the only people pushing this company on these boards are either management, PR or linked in some way.
An oil sands project with Greenfield Energy LLC ("Greenfield"), a wholly owned subsidiary of TomCo Energy plc (LSE: TOM) ("TomCo"). Greenfield Energy owns a 10% Membership Interest in Tar Sands Holdings II (TSHII) with an exclusive option, at its sole discretion, to acquire the remaining 90% of the Membership Interests for an additional cash consideration. TSHII owns approximately 760 acres of land in Uintah County, Utah, USA. Subject to securing the requisite funding, Greenfield plans to use this site for the future mining of oil sands and construction of a commercial scale processing plant of 5,000 barrels of oil per day. TomCo also owns AC Oil LLC who own sub-surface heavy oil leases on the TSHII land and are involved in an exploration drilling program in conjunction with Valkor for which approval is awaited by the Division and the Greenfield project.
You keep repeating that
I can’t see the 100million purchase you speak of but it rarely shows the full picture with AIM shares as someone mentioned it could be forward sold placing shares. They don’t refer to it the Wild West AIM for nothing. The majority of times PIs lose their money with AIM shares.
Im just happy that someone is still willing to buy 100m+ shares in Tomco just like that. Shows that the lights must well and truly be still on. As for the wild SP guessing lets wait and see.
No Aim SP is without risk and reward and no matter how much you research so, down to people for adding into their portfolio so, when this happen, you just multibag on the day....this is close to final deal as keeps light on also means, something is going on background for this to get over the line....have added and will add more, if funds allow as this is perfect entry point with this price....
I've done considerable research on Tomco myself, and you are quite frankly trying to ramp the stock with false statements containing "This will hit 0.36p" and that it "will hit 1p on news". You need to read the latest RNS's, because if you did, then you'd know that there are many avenues of potential funding being looked at, and that the reserve based funding avenue they are enquiring on is one of many possibilities and far from guaranteed, as is all types of funding for this project. It would seem that the key potential for funding they often allude to lies within the possibility of selling of a major stake in Greenfield which would bring a much lower rise than full funding with a 100% stake. Either way this stock holding on by a thread, that is backed up by the constant dilution to keep the lights on. Stating things "will" happen is a fallacy and should stop. Leave the definitive words of "will" to the RNS's please.
This will hit 0.36 min before any news as it is waiting but anticipation of result is huge...finance will get sorted with reserve based landing so, min 1p on that news for sure..DYOR
Cap-ex was the highest riser, and now on it second run up
Tomco may be moving a bit, but I not sure if it will hold and push up higher.
If funding is sorted I can see at such a low cap it will most likely be classed as a reverse takeover.
The only Tay of hope here is an RTO in my opinion. People should have realised by now chances of making money on AIM is 1%
Exactly.. that doesn't happen for no reason.. so there is a reason.. we just don't know which one FFS...
Highest rising stock of the day, but still got ridiculous multibagger upside if the project gets funding.
LOLS!! What a clown!
They already raised enough to last another 7 months.
Yawn
Just to keep the lights on
110m bought v 7m sold is not a spike!. IMO someone is tipped off and bought the 35m that kicked this off.
Artificially hold by MMs but look buyer return and will breakout soon:) too early to take profit...DYOR
Don't worry and keep waiting....as this is high risk, high reward and understand there is delay but result will be coming...watch out:)
Profits :-) :-) :-)
0.3 before month end, don't make me laugh.
0.03 the most likely
Don't get spiked here, left holding the baby here. time to take your profits before the pumpers dump.
This is high interest low MC so, will be soon reach to 0.3p as plenty of news due and looks of it going to positive...this price is perfect entry for new starter and opportunity for average down too...have brough 1p and added more...Follow money as someone start accumulated 15K worth in morning:)
Someone's out of traps early this morning, snapping up a lot of stock!
I'm curious, where is the TR1 form for the person who bought the 666 million shares as they would own over 17% of the company. Even if this fundraise was shared between multiple investors the chances are they would still own over 3% of the company each, so I am at a loss as to why we haven't seen one TR1 relating directly to this fundraising. The Matt Jones & Cantor holdings RNS's dont count here.
Yep even the tumble weed has now given up.