Think the update on Monday will be better than expected.
PQE 23%
Make it Tuesday Chad, Monday is a BankHoliday.
Petroteq + 19.2%
Kar12291, is that 108 million buy to show for Petroteq or TOM?
With the report and TOM update due on Tuesday, leading to 5000 bopd, I would like the following points answered from the Petroteq releases in the TOM update.
1. The lease will be extended for a year from 01.07.21, so, who will be operating the equipment? Petroteq or Greenfield?
2. If GREENFIELD are operating the plant how will the revenue be split when oil and sand are sold on between Petroteq and Greenfield? Tyia
Minimil, yes, you are right. But lousy bacon. Don’t worry, PQE and Valko will drag TOM through the bushes.
I think the CEO is in his 4th week in Utah. We would be getting updates, tweets, pictures maybe interviews. Nothing. Perhaps better that way as he always screws up, as with this licence, which he should have checked. . I will guarantee he never even checked. He needs to be sacked and no compensation. I believe that failures do not deserve compensation. Still this Petroteq bid may have some bearing on the outcome.
Interesting that PQE have acted quickly to inform their shareholders of the situation re the “offer” phantom or otherwise and that more information will follow. However, if true, it must be positive news for TOM shareholders. Aimho
There is nothing wrong in working over the weekend, so that is no excuse.
Hope springs eternal with this management.
You have got that right Vauch.
All those derampers are mentally defective in way form or another or working for shorters, but still mentally defective for working for shorters
Banana an, as far as I know the new ore is from Greenfield’s possible/probable lease, before sending samples to Quadrise For MSAR testing. Just good forward thinking.
Looks as if the Utah Gov want to resolve quickly.
Ducky Fuzz17 May '21 - 14:18 - 18913 of 18913
0 1 0
Online it is 0.485p sell and 0.49p buy for 500k.
So all the sell trades at 0.49p are buys
So, our esteemed CEO has now been in Utah, hopes high, for a fortnight, promises to update on all the new work completed on the POSP, we get nothing, except you can now buy below .005. I suggest, as he has done nothing that we know of, he returns to UK and stops wasting company funds. I repeat the CEO is unfit for purpose on £92 k a year.
I have written similar on advfn. Your post is better, more precise and concise when report writing. Still, hopefully the pre-FEED should fill in TOM’S gaps on updates.
I don’t think they will do another placing. I am hoping that the preFEED will cover finance as well.
You are wrong as this is the first time that TOM have produced oil.
Orslega, can you buy on the TSX, through Hargreaves Landsdowne, or do their brokers have to go through a Canadian broker.