Member Info for dazzle1000

Found a couple of more links trying to find the MDO oil category, there is an MGO, but not sure if that fits within the Utah Sand oil
https://www.oilmonster.com/bunker-fuel-prices

https://pbt-international.com/price-information/

This last link is all that i could find on a quick search with a MDO reference in terminology section
https://shipandbunker.com/prices/av/global/av-glb-global-average-bunker-price

Vauch
Indeed here is the link for the asphalt price index (just for asphalt bitumen for repairing roads) not including the $300 MDO oil steven byle mentioned in the video
https://spexternal.modot.mo.gov/sites/de/lists/ac_index/allitems.aspx

An extract from the pdf link regarding different types of funding avenues:

“ In our detailed report dated June 28th 2021, we provided an analysis of the proposed production process and its economics. We are now updating our assumptions to incorporate the new information from the FEED study and third party validation report. Based on our calculation for the sale of sand from fracking, we arrive at a value of US$11.80 of sand by-product per barrel, being US$16.80 gross value of sand, net of US$5 transportation cost. We treat the US $11.80 as an item to be netted off the process production cost, meaning the process produces diesel and asphalt at a net cost of US$10.20 per barrel.
The following chart shows the gross profit per barrel under our new assumptions. Our new gross profit calculation of US$50 per barrel compares with our previous calculation of US$35 per barrel. Applying the new assumptions, our DCF comes out at US$433mln, compared with US$251mln previously. The following table summarises. This is a DCF for a 5000 bpd plant, on an unleveraged basis. The value that finally accrues to the TomCo shareholder will depend on the financing structure. We argue that the plant could be substantially financed without additional equity or without bringing in an equity partner. Financing options include — resource-based financing linked to the oil sands on the TomCo site, asset-based financing based on the off-the-shelf equipment that will be used in the plant, and potential forward sale of the output product.
Although it is not possible to give a per-share valuation until the financing structure has been determined, we argue that any reasonable financing structure would offer significant share price upside potential compared to the current level which represents a market cap of £7.5mln.”

https://cdn.proactiveinvestors.com/upload/NetResearch/PdfFile/2021_08/cb2a200b-a379-40a6-9799-e3d48877cd0d.pdf

Hi vauch and fadec92
Yes fadec as i remember and double checked you did mention eor of over 50%+ on nov 10th 2022 as well as a few numbers from older estimates which didn’t include the surface mining part. I, as well as you did mention the 50% recovery on the night of utah oils and gas committee you tube video on the 26th oct 2022 because i felt it strange know one else even alluded to it afterwards since you post on the 10th nov. Its an unbelievable number considering and it was mentioned VERY CONFIDENTLY to the committee.

Just frustrated that some info cant not be accessed from uk unless your from USA but other posters have been very willing to share more admin/official docs. On public record recently on the pqe reddit web site (screen shot of public doc from ceo of PQE). I hope that by posters grouping together and sharing resources we can build up a time line profile somewhat of tomco/valkor/pqe etc..and the admin process in utah via public records and other official sources.

Food for thought

Geologist scientist mentioned a recovery insitu rate of 50%, wow and s.byle mentioned over 20billion oil in place on the ridge

Steven byle is under oath aswell. So this is very reassuring indeed. As he is confident of a: tomco getting the 5k cort plant full monty funding and its just a matter of permitting given the go ahead after the out come of this hearing.

Crownos
I am watching the video link now and can confirm steven byle said that valkor has 25% owner of tomco, which does imply that funding has been arranged but not yet confirmed through RNS…good news

Maybe i am reading this wrong?

“ Further Extension of the Valkor Loan



On 16 November 2021, the Company announced details of an unsecured US$1.5 million loan from Valkor to the Company's wholly owned subsidiary, Greenfield (the "Valkor Loan"), which was used for the acquisition of the initial 10% of the Membership Interests in TSHII.



On 31 May 2022, 28 June 2022 and 1 August 2022, the Company announced that the terms of the Valkor Loan had been varied in order to extend the repayment date, with the last extension being to on or before 31 August 2022. The Company announces that the terms of the Valkor Loan have now been further varied to extend the repayment date for the remaining US$1,250,000 principal amount of the loan, following the envisaged repayment of US$250,000 detailed above, to on or before 14 October 2022.”

Kidx yes that is possible.. i also found a post from advfn poster on 8 july outlining a conversation at AGM to JP

“ And another user report from the AGM
This is my take on AGM At the AGM First get the formal part out of the way as in RNS. Then onto the questions. I started with my holding from Netcentric days and was not happy my holding over the years had only declined with placing’s, Warrants and consolidation on many occasions. The pain of averaging down over the years. We where told the co has no plans to do further placings and they mentioned the warrants due to expire so would not dilute shareholders further. We do have a large lump of warrants due later this year at .9 And we have the 29% dilution of Valkor, but this is a drop in the ocean if the funding is finally agreed and plant construction gets underway. It was asked was the funding coming from the UK, most likely not was the answer. So then it was asked would it be funded from USA A vague answer was most likely {with a grin} and mention of the $ being the stronger currency. Trying to read between the lines is difficult but my feel it is only a couple of months at most away. I also asked JP what happened to the terms sheet he was expecting within the 2 weeks around Easter time, had arrived but it needed amending as costing had gone up in raw materials for plant. 7 well costing to added in to loan ect. And possible that the loaner wanted to much from Tomco I also mentioned that it would have been better to have let us know regarding terms sheet as not knowing gave a feel that getting funding may not happen. Better communication is needed. We where told as soon as funding is sorted the co will be bombarding us with info on progress at each stage incuding the 7 well program.”

I would say best to look at my history as i have put lots of links in there that can help, its looking like a small wiki time capsule of info lol…

And yes i agree with what fadec92 posted at fri 16:39

Just wondering if the 14 oct deadline to pay valkor is Coinciding with the October hearing in Utah thereabouts.

Remembered that tomco is doing heavy sweet oils permitting for them

“ Heavy Sweet Oil intends to sell a range of petroleum products having a substantially reduced carbon footprint and near-zero sulfur, including a blended biodiesel product to the shipping industry, asphalt cement for roads and infrastructure, and specialty chemicals to industry. The company has an agreement with TomCo Energy, which assists with permitting and government relations.”

https://business.utah.gov/news/heavy-sweet-oil-expanding-headquarters-in-uintah-county/

And dont forget that tomco and valkor had to resunmit their old mining permits for the new oils and gas version recently
( check out steve byles interview with utah oil and gas commitee youtube video 24/8/2022 ). This coincides with the insitu 7 well drill Programme.

As for funding before permitting? Not so sure, as i discussed this in previous posts. If you bought a house for £200k and had budget for renovations for another £50k, then the plans changed and the housegets re designed to be slightly bigger and cost efficient to $100K you have to re submit the new plans before you find the extra £50k and get additional funding for it .

@hotfinance14 12:40
Not in anyones pocket. But you still seem to be bashing away at this notion that tomco should be commanded at your very own whim.. jp is doing more permtitting work not just for tomco but heavy sweet oil aswell if you care to read the RNS.. i am still standing by what i have written before, you cant rush legislation as it come across pushy.. utah gov has done a lot this year to help tar sands dispite the toxic legacy of dicratorship in canada is on the cusp of unleashing into rivers. Did you watch the recent 24 august utah oil and gas commitee talking to steven byle?

@hotfinance14 13:07
I am Beginning to wonder if you are a pain basher purposely trolling negative views rather than balanced. The facts were related why the permits for original three insitu Wells were delayed because of the new resource upgrade for seven drills.

“ @hotfinance14 11:48am
You have done your dd or home work and spouting opinions not based on facts is just dum… john potter has mentioned numerous times in recent interviews and rns that the original 3 well insitu drill was rivised along with a rerating of resources on tomco land so it had to be re permitted for allowing 7 drills this took time, just like new plans for a house renovation etc..have you seen the latest steven byle ceo of valkor inteview with the utah oil and gas commitee last week?”

To help with the transitional phase into more sustainable closed loop systems.
https://www.latimes.com/business/story/2022-09-05/the-energy-historian-who-says-rapid-decarbonization-is-a-fantasy

An extract from the pdf link regarding different types of funding avenues:

“ In our detailed report dated June 28th 2021, we provided an analysis of the proposed production process and its economics. We are now updating our assumptions to incorporate the new information from the FEED study and third party validation report. Based on our calculation for the sale of sand from fracking, we arrive at a value of US$11.80 of sand by-product per barrel, being US$16.80 gross value of sand, net of US$5 transportation cost. We treat the US $11.80 as an item to be netted off the process production cost, meaning the process produces diesel and asphalt at a net cost of US$10.20 per barrel.
The following chart shows the gross profit per barrel under our new assumptions. Our new gross profit calculation of US$50 per barrel compares with our previous calculation of US$35 per barrel. Applying the new assumptions, our DCF comes out at US$433mln, compared with US$251mln previously. The following table summarises. This is a DCF for a 5000 bpd plant, on an unleveraged basis. The value that finally accrues to the TomCo shareholder will depend on the financing structure. We argue that the plant could be substantially financed without additional equity or without bringing in an equity partner. Financing options include — resource-based financing linked to the oil sands on the TomCo site, asset-based financing based on the off-the-shelf equipment that will be used in the plant, and potential forward sale of the output product.
Although it is not possible to give a per-share valuation until the financing structure has been determined, we argue that any reasonable financing structure would offer significant share price upside potential compared to the current level which represents a market cap of £7.5mln.”

https://cdn.proactiveinvestors.com/upload/NetResearch/PdfFile/2021_08/cb2a200b-a379-40a6-9799-e3d48877cd0d.pdf

@hotfinance14 11:48am
You have done your dd or home work and spouting opinions not based on facts is just dum… john potter has mentioned numerous times in recent interviews and rns that the original 3 well insitu drill was rivised along with a rerating of resources on tomco land so it had to be re permitted for allowing 7 drills this took time, just like new plans for a house renovation etc..have you seen the latest steven byle ceo of valkor inteview with the utah oil and gas commitee last week?

RNS due by wednesday?. I was wondering if we don’t hear from Tomco on this regard could it mean that a possible funding requirement has been reached in some form?

@fadec92 sun21:32
Is tomco/valkor land in utah state or federal? Just wondering if the 13 state judge blocked news had/is/was affecting the permmiting?

Last one

https://highways.dot.gov/federal-lands/business/escalation-factors-wfl/2022-average-monthly-asphalt-prices

And this one

https://info.asphaltkingdom.com/asphalt-maintenance-resources

Different links for different products

https://www.state.nj.us/transportation/business/aashtoware/PriceIndex.shtm

https://spexternal.modot.mo.gov/sites/de/lists/ac_index/allitems.aspx

https://fred.stlouisfed.org/series/PCU3241213241210131

Hope this helps