Member Info for haggismchaggis1

Excellent video indeed!!

MIIF coming in for 20 million in Feb, they will just pay a weighted average price over the past X number of days, that's how these things usually work. So buy more and get the price up, and the dilution will be smaller.

I think the news of MIIF investing 20 million would make the share price go higher, erasing the dilution very quickly, as it will be a huge statement to the market of the credibility of the project, considering the amount of Due Diligence MIIF need to do before investing the 20 million.

Also, the share price should be a lot higher month end with the resource upgrade, so less dilution anyway by the time MIIF invest a couple of weeks later.

It is when it's invested in a very high risk stock like Tomco, in just a couple of hours.

The major anticipated news at Tomco is on the following:

"The Company is currently in discussions to secure a potential non-equity funding package for Greenfield, that would, inter alia, enable Greenfield to ultimately acquire the remaining 90% of the Membership Interests in TSHII and cover the currently estimated construction costs of two commercial scale oil sands separation plants and requisite associated supporting infrastructure to enable the future mining of oil baring sands at the TSHII site."

"Whilst there can be no certainty that such funding arrangements will be successfully concluded, or as to the terms or structure of any such non-equity funding in TomCo, one scenario that is currently under active consideration would involve TomCo disposing of a majority stake in Greenfield to a partner(s) in return for, inter alia, certain upfront cash consideration, a continuing equity participation for TomCo in Greenfield without the requirement for further capital contributions from TomCo and the provision of a sizeable funding package to Greenfield. It is the intention of TomCo that any funding package provided to Greenfield would enable the construction of two oil sands separation plants capable of processing at least 6,000 tonnes per day of oil sands, along with at least 14 in-situ oil recovery wells."

https://www.investegate.co.uk/tomco-energy-plc/rns/placing-to-raise--0.925m--update-re-greenfield/202211300700039997H/

"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 up to 31 December 2022 (the "Agreement")."

"The Agreement has now been varied in order to extend the exercise period of the Option. Accordingly, Greenfield may now exercise the Option, at its sole discretion, by delivering a notice of exercise on or before 28 February 2023 and making payment of the US$16.25 million cash consideration by no later than 3 March 2023."

https://www.investegate.co.uk/tomco-energy-plc/rns/update-re-tshii/202212300700042593L/

If someone in the know in USA has just bought £97k of Tomco, that might suggest that Tomco have come to an agreement where their minority stake of Greenfield is still significant. A minority stake would obviously be anything below 50%, but the closer to 50% the better for Tomco shareholders, especially when the project is fully funded and Tomco get a free carry.

The major anticipated news at Tomco is on the following:

"The Company is currently in discussions to secure a potential non-equity funding package for Greenfield, that would, inter alia, enable Greenfield to ultimately acquire the remaining 90% of the Membership Interests in TSHII and cover the currently estimated construction costs of two commercial scale oil sands separation plants and requisite associated supporting infrastructure to enable the future mining of oil baring sands at the TSHII site."

"Whilst there can be no certainty that such funding arrangements will be successfully concluded, or as to the terms or structure of any such non-equity funding in TomCo, one scenario that is currently under active consideration would involve TomCo disposing of a majority stake in Greenfield to a partner(s) in return for, inter alia, certain upfront cash consideration, a continuing equity participation for TomCo in Greenfield without the requirement for further capital contributions from TomCo and the provision of a sizeable funding package to Greenfield. It is the intention of TomCo that any funding package provided to Greenfield would enable the construction of two oil sands separation plants capable of processing at least 6,000 tonnes per day of oil sands, along with at least 14 in-situ oil recovery wells."

https://www.investegate.co.uk/tomco-energy-plc/rns/placing-to-raise--0.925m--update-re-greenfield/202211300700039997H/

"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 up to 31 December 2022 (the "Agreement")."

"The Agreement has now been varied in order to extend the exercise period of the Option. Accordingly, Greenfield may now exercise the Option, at its sole discretion, by delivering a notice of exercise on or before 28 February 2023 and making payment of the US$16.25 million cash consideration by no later than 3 March 2023."

https://www.investegate.co.uk/tomco-energy-plc/rns/update-re-tshii/202212300700042593L/

If someone in the know in USA has just bought £97k of Tomco, that might suggest that Tomco have come to an agreement where their minority stake of Greenfield is still significant. A minority stake would obviously be anything below 50%, but the closer to 50% the better for Tomco shareholders.

Once Tomco have sorted this out, QFI can go full steam ahead with Utah.

If Tanzania gets less and less rain due to climate change, that will be Dam inconvenient for users of electricity! Meanwhile gas will still be flowing.

Have a read:
https://en.wikipedia.org/wiki/Climate_change_in_Tanzania

Those following Tomco for Utah developments might have noticed that a big buyer has just thrown £97k at Tomco stock. See the TOM BB for the trade details.

My thinking is someone USA that knows good news is close and will benefit TOM significantly, because you don't rush like a madman to get £97k of stock across LSE and OTC in a high risk company like TOM, unless you are certain the odds are already in your favour.

"He's really underselling it!"

That'll go down in history as the Comment Of The Year for EOG!

Great time for you to use one of your many other logins and start ramping it, you returd.

Peel Hunt said: “It has been a tough few years for smaller companies, with investors preferring more liquid names. However, there are always good opportunities in the smaller cap space, whether the attractions are growth, value or income related.”

They are not wrong. I have been thinking for a while that AIM will be the next market to boom. Look at the charts for the FTSE 100 and FTSE 350, they have recovered their 'covid-19' losses since early 2020 and some, AIM has not, YET, and the big money will be looking at where it can make the most money. With FTSE 100 and FTSE 350 back up, AIM is the place waiting patiently for the biggest gains in 2023, and it's on the start of an uptrend.

Look at the 5 year charts:

FTSE 100
https://www.google.co.uk/search?q=ftse+100+chart

FTSE 350
https://www.google.co.uk/search?q=ftse+350+chart

AIM
https://www.google.co.uk/search?q=FTSE+AIM+chart

But it would have resulted in a big price movement if the auction had not taken place.

".... resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today"

Well if investors don't get on with loading up with the stock at this low price, ABB will take AFC at a low price, that is just how it works in business. Whatever price ABB paid, it would always be at a premium to the current price, and it has to be enough to convince the BoD to recommend it to shareholders rather than reject it as not valuing the company fairly.

I would much prefer AFC to shoot up to £1+ (£735m+ MCap) and then be outside of ABB's acquisition scope, where it can go onwards to higher valuations.

"Collectively, ABB expects to spend under $1 billion to buy targets that it is "actively looking" for currently"

$1Bn is £813m.

The buyer also grabbed another 9.8m on USA OTC today!! (thanks to Talais on adv bb for spotting it)

https://www.advfn.com/stock-market/USOTC/TMCGF/stock-price

9,803,458 at 14:30:12, price USD0.0041

That is USD40,194.18 or GBP32,572, taking the buyer up to GBP97k spent today on TOM stock!!

I'd say buying on USA OTC they are possibly USA based (and possibly in the know on Utah), but also desperate to pick up so much stock in a short period of time that they have reverted to the very illiquid OTC to get the stock they want.

I have a feeling it's going to blow captain!

"A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today."

https://www.londonstockexchange.com/news-article/PURP/price-monitoring-extension/15794118

Can't have big price movements can we, tut-tut!!

AFC at GBP187m is certainly in the ballpark for ABB. AFC has the Fuel Cells for ABB EV Chargers, Data Centres, Microgrids, shipping, and more. AFC is also going to be heading rapidly towards the point where ABB 'might' consider buying them. Think S Series, on test, then integrated with ABB's systems and then see how fast they sell.

"DAVOS, Switzerland, Jan 18 (Reuters) - Heavy electrical company ABB Ltd (ABBN.S) Chairman Peter Voser sees his firm acquiring between five to 10 small-to-medium enterprises a year to add to the company's organic business, he said on Monday."

"Each division of ABB should be active in organic and inorganic strategies, which would see ABB acquiring between five to 10 small-to-medium business every year," Voser told the Reuters Global Markets Forum on the sidelines of the World Economic Forum's annual meeting at Davos."

https://www.reuters.com/technology/davos-2023-abb-aims-5-10-small-to-medium-acquisitions-year-chairman-2023-01-18/?rpc=401&

The flags shown on LSE for the 16:32 trade:
Ordinary
Non protected portfolio
Single protected transaction

The flags shown on LSE for the 15:36 trade:
Ordinary
Delayed publication

==============

N: Non Protected Portfolio - A non-protected portfolio transaction or a fully disclosed portfolio transaction. Normally a transaction of a number of stocks dealt with by one market maker at an agreed discount to the market price.

T: Single - If reporting a single protected transaction. A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction, however, the market as a whole isn't told until the end, thus the order is protected.

If anything, I'd say the buyer must know something. You don't bung £64.5k on a company like Tomco in one hit, unless the odds are way in your favour.

15:36:23 and 16:32:08 (so defo not a rollover).

Someone has put in a big order which has got filled in two separate GBP32.5k chunks, rather than in round share numbers.

I see 2 x 9,803,458 at 0.329, both buys. That's £64.5k of buying right near the close.

News tomorrow???

Thanks Wolfy!

Lets see if that can blow the scum off this!!

"Aminex has been advised that the expected spud date for CH-1 has now slipped to March 2023 due to rig availability."

That tells everyone that ARA had a rig lined up for March as that is when it is AVAILABLE, otherwise they would not have advised AEX that the spud date would be March.

Sorry for having to state the obvious, but some don't seem to be able to see the obvious and prefer to concoct some baseless theories.