Member Info for jo80

Yep, always a good to idea to take some profit as always. Thanks anyway. Cheers!

Cloud, i think it can easily achieve 1.25p. Seems fundamentals are strong. Also i am quite confidant of valkor.

Cloud...I need to tank you for the tip of on TOMco, i went in around 0.6p ..

I am glad that I have taken a significant position here. Hope to stay for long and I can see the potential.

Would also be great if they announce their sale recruitments, which guy has already confirmed.

Another thing, what we used to do before granting, engineering contracts in oil and gas is to visit the contactor office to check the actual resources/employees the contractor has to do the actual work. I was struggling to find a meaningful work force at CTEA, apart from the 3 directors.

dgb, thanks for the insight again, completely makes sense.

Agreed, but the trouble is competition and trust. Why should anyone take us compared to others? This will all change once we get one meaningful contract.

dgb, thanks and make sense. That was the reason I invested in first place. I agree, this could be 14p instead of 4p if any meaningful sales land. But I fear it will be difficult to generate revenue from Cov id as its getting late now. Hope for the best.

Cheers mate...

dgb, Many thanks for your insights some time back. Yep agree with you on most. Not sure if we can hold at those levels without revenue. Looking at the history I am a bit nervous at adding here.

We should see significant upside from here..GLA

Conclusions
It is not possible to precisely quantify the financial upside potential for TomCo
at this stage. The profitability of the separation is still subject to the results of
ongoing studies.
Nonetheless, we find it instructive to consider the total revenue opportunity
relative to the current market cap of the company.
At a production volume of 10,000 bpd and at the current market price of US
$46.40 (Low Sulphur Fuel Oil) this would equate to US$464k per day of revenue.
Compared with TomCo’s current market cap of £3.1mln, we argue that this
revenue opportunity could represent significant upside for TomCo shareholders.
This is made economically possible by the unique characteristics of the new
separation process
Unique characteristics of the new oil sands
separation process
• An output product of low sulphur fuel oil, which requires no further refining
• A modular production system with low capex requirement
• Modest water requirement, and no “dirty” sand to be remediated at the end
of the process

very informative report.
https://www.proactiveinvestors.co.uk/companies/news/923788/tomco-energy-oil-sands-project-moving-forward-923788.html/long

I get the impression that they are the dangling carrots....I also asked the same question regarding the number of employees some time back. Hope it all ends well.

Does anyone know how many employees this company has and their calibre? I know they do not have any office address anymore as it was released bcz of covid. Just curious.

Seems Higgs are the only good thing happening on this share. Having said that presently surprised to see this holding.

Seems Higgs acquired around 5.5% by 30th June (RNS July 1), so may be at 2.5-3p. So average may be well below 5P for the 8%.

Didn't you notice, Zen is waiting to load up at 3p....He mentioned in previous posts..

Sad to loose 5.5p support....