Member Info for haggismchaggis1

And 2nd version cuts the Capex cost by 50%. The 50kva is that version. It'll be a no brainer for hire companies based on what was said about them and the demands for zero emissions from construction.

I'm sure we'll see Hire company first movers taking advantage this year, as that was alluded to.

Hire companies now contacting AFC on the back of their clients Power Tower trials.

Contracts now favouring clean energy on site.

Just need the 50kva built and demonstrated I think, then those first movers will start moving.

Worth noting that several ii's are known to be loading up at this price ahead of the hockey stick curve (as said on the video).

Also nice to hear the mention of the share price marching up to where they think it should be. (The DCF valuation and Peer Comparisons tell them it should be a lot higher, simples).

Agreed.

Worth noting that several ii's are known to be loading up at this price ahead of the hockey stick curve (as said on the video).

Also nice to hear the mention of the share price marching up to where they think it should be. (The DCF valuation and Peer Comparisons tell them it should be a lot higher, simples).

It all bodes well for our Fuel Cell systems.

Carbon vs cost
With twin goals of cost and carbon reduction, there must sometimes be a tension between the two.

Often, the criticism of lower carbon technologies is that they increase capital cost to the point that they are unviable for the wider industry.

With a portfolio approach, Mitchell and his team can balance the two goals, he says, using discounted cash flow and discounted carbon calculation models to look at investment versus return to the programme.

Mitchell sees the race to net zero as a driving factor behind innovation and productivity gains and draws parallels with the energy and automotive sectors, where he worked before joining HS2 Ltd in 2019. “Those sectors have gone through significant shifts, moving from fossil fuel-driven systems towards renewables,” he says. “We, as HS2 Ltd, are similarly going through a major shift where carbon is incredibly high on the priorities of this organisation. And that’s driven a huge amount of innovation.”

https://www.newcivilengineer.com/innovative-thinking/interview-hs2-ltds-howard-mitchell-challenges-the-way-construction-productivity-is-measured-02-05-2023/

Not sure how you get "poorer by the day" when the price was 1.2p on 6 April and is now 1.4p and not dropping at all today.

Someone bought 10,000,000 on the drop at 0.26. Maybe one of those three that had a TR-1 on Friday.

PoC,

Friday RNS says "required for the design of in-field processing facilities and the export pipeline to the Madimba Gas Plant"

I read that as a new gas processing plant at Ntorya of some kind (gas hub? More processing?), with the export being to Madimba, not out of the country.

At this £4m MCap it is priced as a cash shell, as that is around what it would cost a company to do a reverse takeover of it to get the ready made listing. Downside potential is very limited if you look at it that way, but upside of a deal is staggering potential.

PoC,

"Be interesting if some of the Ntorya gas will get pumped into the 36" pipe for export"

The gas from Madimba goes into the 36" pipeline, so all of it will go into that 36" pipeline. My guess is they will expand Madimba to process the additional gas.

The gas processing plant is in the middle of nowhere, so can easily be expanded.
https://goo.gl/maps/Tv3yLdbCT2sk4xUq6

As said, that presentation is 5 years old. Rather than build one pipeline now and another later I suspect they will put in say a single large pipeline that can be ramped up as new wells are connected to the Ntorya raw gas hub.

Will,

Absolutely!!

Although I'd hardly call what some post on here as 'discussion', it's just personal abuse and attempted defamation.

I'm just trying to make an educated guess, hence the provided information. Makes no difference to the investment case whether I'm right or wrong, it's just something to discuss while we wait for news.

WRONG as usual.

You don't know what other options Tomco has lined up to fall back on.

You can't claim things as fact when you have no idea what the facts are.

That is done so as to keep the big money donated in safe hands with multiple board members having to sign off any spending, if it was just one or a few people but no proper financial structure people would be far less likely to donate and there would be allegations thrown up about where the money was going, how much was being wasted, and suggesting they were skimming it for personal gain.

2 May 2023
TOMCO ENERGY PLC
("TomCo" or the "Company")

"Update re TSHII
TomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, provides an update with respect to the Company's 100% owned subsidiary, Greenfield Energy LLC's ("Greenfield"), potential acquisition of the remaining ownership and membership rights and interests in Tar Sands Holdings II LLC ("TSHII") (the "Membership Interests"). As previously announced, Greenfield owns a 10% Membership Interest in TSHII and holds an exclusive option (the "Option"), exercisable at its sole discretion, to acquire the remaining 90% of the Membership Interests for additional cash consideration of US$16.25 million which was scheduled to expire on 30 April 2023 (the "Agreement").

The Company is currently in discussions with the counterparty to the Agreement with a view to seeking a further extension to the exercise period in respect of such Option or agreeing a suitable alternative arrangement. There can be no certainty that the Option will be extended or an alternative arrangement agreed, or that the required funding can be secured to complete the potential acquisition of the remaining 90% of the Membership Interests. A further announcement will be made in due course."

Well it sounds like the owners are putting pressure on the get the deal completed ASAP instead of rolling over the deadline again, hopefully that will force it over the line, as it is too big an opportunity for all parties to miss out on, and I'm sure they are well aware of that.

PoC,

The pipeline construction should start soon, as first gas into it is now expected in October.

5 months to the start of October.

Dry weather starts 21 May according to Metcheck.com.

Just don't burn the oil, simple. This is what the Middle East has worked out already, hence they have set up massive petrochemical plants and are building more, to create products from the oil, as they know the world is going to stop burning it. Oil will still be needed even well after 2050, just not for fuel to burn.

Brokers probably not done their advice notes to clients yet, maybe today or tomorrow notes will go out, all depends on workload and resources, and if there was any high priority news from elsewhere this morning that took priority.

4 filtered posts in reeply to my initial post, and the same for my latest post. Do I detect abuse? Oh well the filter is on so what do I care. Lets see how many I get with a repost LOL!!

Sigurd Jenssen, a director at Wartsila Corporation:

"It typically takes 15-30 days to install a scrubber on a vessel although a large cruise ship could take much longer, according to Jenssen."

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/shipping/010320-scrubber-installation-waiting-list-very-long-as-imo-2020-kicks-in-wartsila

So 24 days today since going into dry dock.

This week or next week is a possibility, as the other work on the ship would have been happening in parallel.

And as he knows full well having read it in the results RNS and in posts on here, AFC stated:

"After two successful seasons with Extreme E, and with a growing demand in time and resources, we made the decision not to proceed with the Championship in 2023. The data we've gained over the wide range of environments and climates and prospective customers we've met whilst showcasing our zero-emission technology have been invaluable and we wish Extreme E every success for its third season and beyond."

1.66m buy at 1.19p is over the ASK. Bodes well if we get a bit more buying as the day/week rolls on. Could easily tick above 1.2p I think.