Member Info for dazzle1000

Yep a big thanks from me too, for posting those numbers. Just add though the current monthly asphalt price index for the month of june is $728.75 so if anyone would like to do the math on the asphalt please feel free to do so.
https://spexternal.modot.mo.gov/sites/de/lists/ac_index/allitems.aspx

https://youtu.be/Ji8QA_1ENrI

@fitzy66 16:03
Lots of major holdings rns to check back on looks like cantor aswell amongst others. Does anyone know how to check a tr-1 threshold %? I must be reading it worng

@vauch 10:21am
You never know vauch lol hopefully with pqe offer money, and i’m guessing that with funding news for the full monty pqe style cort 5k plant then full steam ahead…until then its 50/50 if funding happens even if all is looking positive. And boxes being checked some may be hessetant

Looks like spreadex ltd has off loaded some shares on the monday 13th…hence why the drop…but they are still holding a fair wack around 51 million shares from the rns today

Hope this link helps
https://the-international-investor.com/investment-faq/reclaim-withholding-tax-foreign-dividends-isa-sipp

I was under the impression that tomco was hoping to get funding than a share raise if at all possible, although they wouldn’t rule it out if they could not get funding (plan B). I have been re-reading the relevant RNS’s a few times just to gauge and see if i have missed something between the lines. Seems all is good and moving (slower) in the right direction, patience required

From tomcos rns dated 31st may, john potter mentioned that due to new permit regulations, in my understanding i think there is a month delay than anticipated so it got put back to july instead of june, so i googled “utah mining permit legislation update 2022” it came up with a lot of reading of which im still researching, but i’m sure there are some clues as to “how long things take in the permiting mining world in utah” and we know from the rns that june/july will be when things pick up somewhat towards production drilling.

@crownos 08:10am
I share your sentiments, this is very positive indeed as nothing that suggests it wont be going forward. And of course watching valkor progress is Reassuring with some dealings relating to QFI. The oil quality is better than expected in that tshii area aswell. Expecting pqe offer payment in july if all goes well.

Continued
https://www.up.com/customers/track-record/tr060821-the-growing-demand-for-asphalt.htm
https://www.up.com/customers/ind-prod/crude/asphalt-shipping/index.htm
Since there 72,000,000 lane miles of roads in the country that vary between dirt paths and interstates, the average width is hard to nail down. A county client of mine has an average width of 9.5' per lane - but most state highways are 11' to 12' per lane - so we’ll use 10.5' as an average width. The average county road is only 4–6? thick while state roads and interstates are around 12? plus or minus - so we’ll use an average thickness of 9?. That gives us 70,000,000 miles x 5280 ft per mile x 10.5' wide x 0.75' thick x 1 cubic yd per 27 cubic ft = 107,800,000,000 cubic yards of concrete and asphalt. Asphalt weighs about 2 tons per cubic yard - so the weight of that is 215.6 billion tons. At $75 per ton that’s $16.17 trillion in infrastructure (if it were all new).
https://californiapolicycenter.org/californias-transportation-future-part-four-the-common-road/

Asphalt prices : https://spexternal.modot.mo.gov/sites/de/lists/ac_index/allitems.aspx
Tomco deal with vivakor : https://finance.yahoo.com/news/vivakor-secures-long-term-oil-133000062.html

Asphalt for may is $692 p/t Tomco with Vivakor will be producing 50 tonnes from end of first quarter ramping it up too 1000 tonnes E.O.Y with Valkor helping out to perform certain operating and engineering services to increase the production capabilities of the Vivakor plant to enable it to produce upwards of 1,000 barrels per day or 1,000 tons of asphalt cement per week once three more RPCs are financed and built.

Not forgetting the other elements to tar sand revenue.. $30,000 rent p/m from three sources. Lots to look forward too in june hopefully an RNS between now and then to make it official.

@dreamer67
Also:

Also known as a farm-in agreement. A type of contract through which an investor (a farmee) may acquire an interest in an upstream project from an existing project participant (a farmor). It is typically used in the exploration or development stage of a project.

@dreamer67
From what i have read :
What does farm down mean?
The farm-down model, otherwise known as asset rotation or build-sell-operate, involves utilities selling stakes in green power assets to institutional investors seeking long-term, stable yield. In the case of renewable energy, revenues for such projects have, until now, been underpinned by guaranteed subsidies.

Dazzle

Found this on google may help those who wish to find other avenues to contact malcom groats:

Malcolm Groat
Malcolm served as a Director of Baronsmead VCT 4 plc from April 2014 until the merger on 11 March 2016. He is a fellow of the Institute of Directors, the Institute of Chartered Accountants in England and Wales, and the Royal Society for the Encouragement of Arts, Manufactures and Commerce.
During his executive career, Malcolm held C-suite positions with global businesses in engineering, construction and financial services. Since 2004, he has also served as Chairman or Non-Executive Director in a number of significant businesses, currently holding chairmanships at two AIM-listed ventures, Harland & Wolff Group Holdings and Tomco Energy. He is also Chairman at The Corps of Commissionaires and at Zaim Credit Systems plc.

Found this on google from a poster on 15th july 2020:

Manfromwales
Price: 0.575
Strong Buy
Email Reply from CEO John Potter yesterday15 Jul '20
John Potter CEO also said he wanted an open dialogue with shareholders and was happy to take a call to discuss any concerns shareholders have after my very challenging email. I’ve never met the guy but most CEO’s wouldn’t have even replied to my challenging email. As said most importantly he wrote in his email

‘ the next couple of months are very exciting times for Tomco And despite the very unusual times we are in, the company has managed to get the joint venture with valkor over the line and set things up for a transformational Change for the company. Best regards John Potter

The above is word for word what he said.

Topped up at 0.63p ATB to serious investors
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I had a quick gooogle check and found that john potter is ceo on another company too… managed to find half of the email to dirctly contact j.potter is XXXX@tomcoenergy.uk.com the Beginning could be jpotter@ or j.potter@ if no luck maybe someone could pm manfromwales in here although i don’t think he posts much now by the looks of his history

TomCo is tied to using the PQE cort system mainly for the funding of the 5k plant ( this we will may or may not get due to other risk factors as mentioned by the bod) john and malcom both mentioned from the RNS that they are getting funding through different avenues and are optimistic this will pull off. If they dont get funding for the 5k cort pqe plant there are other avenues to take but of a lesser scale probably from the likes of vivakor etc…

I suggest at the next agm everyone that can attend do so and speak up about PR concerns and corporate governance that should involve shareholders in a more pro active way from management.. i’ve been trying to get through to tomco for ages to know avail, seems a definite wall around contacting management. :-(

@vauch ———— i agree with you here vauch putting your money where your mouth is so true and a marker for genuine skin in the game. Although not all bod have shares which is strange if you are good at what you do and the product is doing well and growing with your efforts why not reap the rewards somewhat with either buying shares or being given them via share options….like i posted earlier if everyone rang or emailed as a share holder asking why news is not forthcoming and via other companies indirectly mentioned like with QFI recently, 1 rns a month doesn’t cut the mustard since February ish… and what ever happened to the official third (march ) test drill and results…

From 1st april rns

Principle Two - Understanding Shareholder Needs and Expectations

The Board is committed to maintaining good communications and having constructive dialogue with its shareholders. Shareholders and analysts have the opportunity to discuss issues and provide feedback at meetings with the Company and management.

All shareholders are encouraged to attend and participate in all shareholder meetings called by the Company, in particular its Annual General Meeting (AGM). Investors also have access to current information on the Company and the Group through its website at: www.tomcoenergy.com.

From 1st april rns
Outlook and Summary

The Board appreciates the strong continuing support of our shareholders as we continue to progress our plans for Greenfield.

Greenfield is engaged in ongoing discussions regarding funding options to potentially achieve the ultimate acquisition of 100% of the TSHII Membership Interests, together with the proposed drilling of a number of production oil wells and further construction of the planned first 5,000 barrels of oil per day production plant, whilst progressing other preparatory work. Whilst there can be no certainty that Greenfield can secure the requisite funding or the further permitting required, I am optimistic, based on discussions with potential funders to date, that the required funding to implement our plans can ultimately be secured.

These are very exciting times for TomCo as we look to realise Greenfield's significant potential.
Malcolm Groat
Chairman
31 March 2022

Going into the live RNS icon and following the dates back on the list shown. I have seen a pattern of RNS’s that have been released early in the month, dare i say we could expect one this week or early next week perhaps? Could be wishful thinking on my part i guess.