Member Info for Buy-Sell

RNS Date: 1st June 2021

Snippet from RNS….

“Oil of sufficient quality and quantity has now been produced by the POSP to enable an initial shipment of 250 barrels of oil to be made. Greenfield is also working with a local specialist firm to identify potential customers for the processed sand. They have already taken an initial load of 40 tonnes and is anticipated to take a further circa 500 tonnes of processed sand over the coming weeks. All proceeds from the sale of oil and sand will be retained in Greenfield.”

Seems to be an unknown bonus, so thought I’d post it for all to see.

Let’s hope for a nice steady rise again and try to break 0.9 and dare I say it……maybe get to 1p and above. GLA

I read it somewhere, in one of the last 5 RNS’s I’m sure that the income from the oil sales are going to greenfield. Don’t take my word for it though, always Do Your Own Research (DYOR)….as everyone knows.

GLA

Mattk6

I have had that same thought and so there must be another RNS coming soon outlining what is going to be put to the shareholder vote.

Seems there was a lot of profit taking today, as well as some fairly large buy ins. The coming weeks are going to be interesting….seems an initial flurry of interest has dwindled, but will sentiment grow again??? I believe it will towards the end of the month, as we get closer to that RNS for the feed and who knows what other RNS gems they might throw at us between now and then. GLA

Cracker, you have not informed us of anything at all from what I have read. Nothing that we didn’t already know about and the rest you’ve made up. The only thing I am informed about from your posting today, is that I don’t need to read any more of your posts.

Yeah, just imagine…… it’d probably be double the amount of posts.
They really do seem to have stepped up the deramping on here, I’m almost impressed with them lol. It just makes me think that there must be more chance of this going through. Especially with todays RNS update including the share price targets with the bonuses.

I don’t mind them paying themselves bonuses one bit, just as long as the the share price shoots up giving us shareholders a good return on our investments.

Fingers crossed. GLA

Seems there is growing confidence in this share with all the buying, even a few 1,000,000 shares bought at £20k a pop.

All this despite the negative ramblings of derampers on this BB.

GLA

The change to the remuneration bonus plan, is nothing but positive for us shareholders in my opinion.

It gives me a lot more confidence, that the finance deal with the consortium will be done soon enough.

It is funny reading all the derampers on here. They talk about desperation, but it is them who are coming across as desperate.

GLA

Talks progressing with lenders….

People seem to keep questioning how Tomco are going to pay for it all. Maybe that is why they have appointed Louis Castro as a Non-Executive Director who has “30 years experience in investment banking” and has been CFO for other companies.

Why would anyone want to sell this?????

Bloomin day traders!!!!

GLA

Wet nice…..for Petroteq, but this is for Tomco. Tomco are in a joint venture (Greenfield) with Valkor, so the profits from the 2x 5000 bopd will need to be shared 50/50 and 5% of the profits will need to be paid to Petroteq for the royalty payment. Minus a bit of down time for maintenance etc. Yes the cost of the sand could be upwards of $45 per ton for facsand and the oil could be for $65.

Either way you look at it, this is a VERY profitable oil sands process and will make Tomco a lot of money. The share price should rocket in the very near future. It sure will be interesting to see where we will be at this time next month.

My opinion…..1p+. GLA

Well…..I thought they would have spiked this up 10% and bring it down gradually to 3%. Glad they haven’t. GLA

It will most probably spike up in the first hour and then drop off throughout the day finishing up 3%

Lol

Well that was weird. It is back now ?????? So are some others that disappeared. Glitch in the system ???

The ‘Patience is a Virtue’ thread had 98 comments and now only has 17. Seems a lot of comments have been deleted?????

A possible top up in Tomco could be on the cards tomorrow morning. Funds are ready and waiting to buy more. Gonna see how they open at 0800 and look to buy more by 0830 if all is looking good.

GLA for tomorrow.

So you sold at a loss due to annoyance and impatience. Realise now if you’d stayed in that you would be quids in and so you’re coming on this BB to whine, whinge and de-ramp about it. I think that about sums up your presence on this board. Thanks for sharing, I hope it helps you get over it. GLA

Just your typical far left drivel. For every positive story, they is always a negative version.

The issuing of 100,000,000 shares to Wise Mpay, will give them a 7.75% share holding stake in GST.

In return, Wise MPay will supply the Company with a number of standard and bespoke software packages which include, inter alia, software to enable the Company to establish a remittance portal (GSend), an eWallet app (GS Money), Know Your Client (KYC) administration and an encryption engine

Additionally they will provide supply four enterprise blockchain consensus nodes that come with 25 million stake tokens each, based on the Coalculus blockchain platform, to enable transaction validation on the Coalculus network for transactions undertaken by GST's proposed customers in US dollars, Euros, Sterling and Chinese Yuan.

On top of that Mpay will provide ongoing support and training to the Company in respect of the software and systems it is supplying, together with software and Coalculus platform upgrades when available.

It is a great deal for both parties in my opinion. I am looking forward to the next 12 transformational months for GST, all kicking off when the FCA issue the API licence……probably in 1-3 months from now is my window. GLA