Member Info for borrowfundsfrommummy

Nice !!! Got some on that news

They have paid some already. If it was a whole amount to pay then would be more dubious. The Tar Sands site itself I think will have major backing for finance. Plus Valkor taking on a chunk of holdings. There has obviously been delays in the past for the extensions and probably going to have to wait until Monday to see what goes on. They certainly not giving anything away since last RNS. No media, tweets etc

RNS 1st September explains it better
A further non-refundable deposit of US$100,000 has been paid to secure this amendment. The total deposit of US$300,000 can be credited against the US$2 million cost of acquiring 10% of the Membership Interests, should Greenfield elect to proceed with the potential acquisition of the initial 10%.

Assuming a successful completion of the acquisition of the initial 10%, Greenfield will then have an exclusive option, at its sole discretion, to acquire the remaining 90% of the Membership Interests for additional cash consideration up to 31 December 2022, as detailed in the 9 June 2021 announcement.

Wings. Only the extra $100000 has to be paid by the 15th November.l for the membership 10%. $200000 has already been paid

Pursuant to the terms of the Agreement and its subsequent amendment, Greenfield paid a non-refundable deposit of US$300,000 to secure an extended period to undertake due diligence and an exclusive option to acquire an initial 10% of the Membership Interests for US$2 million, payable on or before 1 October 2021. The Agreement has now been further amended by the parties such that Greenfield can now exercise its right to acquire an initial 10% of the Membership Interests for cash consideration of US$2 million on or before 15 November 2021, in return for the payment of a further non-refundable deposit of US$200,000 which has been made.

Added 1 more million. I’m still a believer and SP looks bubbling now

Seems some buys appearing around 0.61p . Was becoming rate to see a blue trade. Hopefully it’s around bounce area until news. The way this been played would not think finance deadline was approaching next Monday.

Added a few now seller out. Yep just awaiting some buyers to bounce this back up again

Keeping leaving news to this last minute not holding the SP up. It’s like case of head or tails and people rather wait until news is released. Not been a good start to the week, however it is all to play for still as nothing negative has been released.

Looking more and more likely that we are going to get RNS Monday. Still no signs either way what it will say

Bid higher than ask again. Watching with interest

Yep thinking MMS are fishing. Not long to go

Dropped 1.5% on a 208 share trade. Come off it! Hopefully someone got an order awaiting to be filled.

Looks like they are taking it to the line. 3rd delay but things must be going on behind the scenes. Valkor could easily afford to finance Tar Sands themselves. I’m pretty confident we will get a good update re the financing especially as Tar Sands was being looked at being rolled out early in the New Year. Silence still though and no hints either way

When you re read this part from RNS 29th September

Commenting, John Potter, CEO of TomCo, said: "We are delighted to have completed our comprehensive due diligence exercise on TSHII and its Site and that the Site appears ideally suited for the planned future construction, subject to funding, of Greenfield's first commercial scale plant.

"During the due diligence exercise, it has become apparent that there is the potential for deeper resources than those Greenfield envisages utilising, thereby opening up further potential funding routes. Greenfield is now focused on commercial negotiations with the third party concerned in order to seek to secure the funding for the initial acquisition of 10% of the Membership Interests and progress its plans. We look forward to providing further updates in due course."

The second paragraph is quite interesting. Deeper resources….hmmm.
There is clearly a lot on offer at Tar Sands and radio silence since the last RNS

Nice one Fitzy. Coincidence or joint news ???

Now those ones tend to turn into a RNS

There will be 3 scenarios this week in my opinion and this is how I think the SP will react
1) Positioning or anticipation of news SP between 0.60 and 0.90
2) Market Unaware or doesn’t care SP between 0.50 and 0.70
3) Yet another delay to finance being agreed SP between 0.45 to 0.60
I will be interested to see if my predictions come correct during the week with volume as well.
Friday was a good sign that most people are sat waiting for the update.
Hopefully this time round it will be a good news release

The oil sands extraction is a game changer. As Tomco stated many have tried over the years and failed. I would think majors watching very closely especially with the COP 26 guidelines coming through.
I am positive we have a game changer here, especially with Tar Sands….

Who sells 3 or 4 pounds worth of shares ???? Surely the trading fee higher than the gain. MMS trying to lower the SP perhaps.