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CICCapital, the company, has only been going since 2019 as the circulars stated. The prospectus for the previous company was passed, but they were told by the regulator that as they were now a finance company with the introduction of securitisation, they had to requalify as a Finance company, and fill out a new prospectus, which you can read on the web-site. It wasn’t all bull. They are waiting for audited accounts. The listing process will not need to be restarted. Capital will list as will the large Pharmaceutical company with 3 of CIC directors on the board. I understand the frustration as shared by all, however, progress is being made.
Faded, they have the money. Greenfield owe them $2,000,000., $1,000,000 can come from that. Read the rns’s.
Vauch, WE, TOM, don’t borrow the money, GREENFIELD, THE COMPANY DOES.
Value finder, TOM will not be raising half the money. Greenfield will raise the money, 100% of the money.
They are looking at funding. Read the rns.8
You keep saying TOM. it is not TOM but Greenfield. The partner is a massive engineering company in TEXAS. The finance will be arranged by Valkor. TOM are not working alone. Read the terms of the contract.
Quantumstar, you are obviously new here as a derampers. the shorter employing you is short on cash to employ someone of such a low standard, getting everything wrong. Come back after the pre FEED is published. Or are you just new to the game.?
Hi Candybelle, yes digested most of it. I think that Stuart has pulled it off with the change of direction into Securitisation, and the areas into he is heading. I am hopeful that the listing of INNO Med will lead to the listing of CICCapital at a decent listing price. CIC directors on the BOD of INNO Med, is a good sign. Just have to understand that the Company can only move as fast as the regulators and accountants, which is never as fast as we would like.
On a personal level, I wish they would start to list CICGold.
Out of which hole did you crawl?
She is a very good forecaster. Said Biden would win the election. But she warns of derampers, posting and not knowing the facts before they post.
Dilution not in the pipeline.
They do have production.
Looks like derampers are having a field, demonstrating that they nothing about Greenfield. I suggest they do some research. Not on just TOM but Valkor their JV partner. Valkor are a big Texas successful engineering company. They will enable finance, with US, TEXAS BANKS TOM will not need another CAPITAL RAISING. THEY HAVE MONEY IN THE BANK AND ARE OWED $2 million. That covers all running costs. So, take your big mouth elsewhere and do some research before posting 100 % rubbish in future. Do us all a favour.
Torre, having just listened to Mr Stapleton, am I to presume that MSAR is not going to be used initially?
Torreagas, you are becoming an oil expert!
It looks as if finally genuine investors have seen the future of Greenfield, TOMCO.
However today is the 03.06.21. Wonder what is going on.
I was saying yesterday that it is ‘the herd’ that are selling. This morning 8 sells in first 11 minutes.
It was very short notice to get it organized by today .
Just posted on adventures
I think a lot of the arguments are based around MSRA or not. In the rns it states this
The Company has now received a draft of the FEED (Front-End Engineering and Design) study that has been previously outlined. This includes data from testing a number of items of additional equipment that could be utilised in potential future commercial scale plants, as well as reflecting input from a subsidiary of a leading global oilfield services company to further optimise the efficiency of the POSP's solids control process. Furthermore, significant work has been undertaken as part of the test operations and FEED study to identify how best to process the various types of ore that are likely to be encountered.
Basically the POSP has been modified + most importantly a subsidiary of a leading global oilfield services company to further optimisé the efficiency of the POSP’S SOLIDS CONTROL PROCESS. THIS IS THE MOST IMPORTANT PART OF THE PROCESS. has the plant been improved to the point that thy do not need the MSAR process? We will not know until the company state the quality of the oil at the end of the process. Obviously, I would expect it to be better than bitumen after the new additions to production.
As usual TOM leave out important information which would solve these disagreements.
But hey, oh why can they not release a press release as PQE? Much more effective than cold technical rns’s. The last time when TOM had a huge rise was when the Daily Mail had a half page spread on TOMCO. Come on JP get the PR company working on TOM THE CLEAN-ENERGY Oil British company working in Utah. It is not difficult. Or get one of The NED drones to work it from London. Even a 10 minute shot on the TV news now that all the equipment is in place. It is not difficult if you make an effort. Get the goddam sp moving
I think there are probably ructions in the Board Room. Putting back a listing is never a good idea, particularly for small investors.