The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The only people that can shed any light on the drilling is the BOD. Why not email them or call the office. Info on company web-site.
Good post Soulac!!
Well, I understand that there is a listing ongoing, Innit Med, a pharmaceutical company worth a lot of money. How long before it lists, I know not. If I ever find out, I will inform you. It could make up for a lot of the dissatisfaction. But …..
It is a steal at this price.
You could be wrong Vauch. 5 more working days before 25th. Hope springs eternal for TOM shareholders.
Excellent post Vauch, I agree with every word. Having announced that there will be 2 updates on end Nov, early December, 14 days ago, an explanation to shareholders might help. We never know with TOM, I am wondering, with all the Valkor deals just recently, whether TOM might be involved in some way?
Good question, don’t forget the 7-hour time difference. It won’t start until about 4-5 p.m our time. The Nomad won’t allow any news until the drill blades are turning.
I think most people are.
However, don’t forget that Tom is 29% owned by Valkor. So, in a way they are inter-twined. Aimho
Shows confidence by the broker. When they have confidence we should have confidence.
QS, look at TOM as a sand producer, with oil, as a by-product. No one has a head-start on TOM when it comes to value per barrel of oil and sand.
Full marks to JP for forward planning. It is acting like a professional company now. I would think that they might need to hire an oil expert as deputy to JP, based permanently in Utah. Ya’ll know what I mean! He said pushing back his Stetson.
If INNI MED does well, so will CICCapital, still ongoing with Australian directors.
As will CICCapital.
Litigation won’t work. CICCapital,is progressing with INNI Med which will be a massive Company.
Discontent spreading through the troops.
From advfn. Obviously this company was not going to show the colour of their money until the lease was obtained.
mo, we will see another rns pretty soon.
From the rns29th Sept.
Greenfield is currently in detailed discussions with a third party which is funding an extensive in-situ oil production programme adjacent to TSHII's land, accessing resources deeper than Greenfield envisages mining for its purposes. As part of these discussions, the third party would potentially provide sufficient funding to Greenfield to enable up to five wells to be drilled on TSHII's land along with the requisite infrastructure, with an associated 'off-take' agreement serving to provide sufficient upfront funding to enable Greenfield to acquire the initial 10% of the Membership Interests in TSHII to be repaid from the sale of the oil produced.
IMo the third party wanted the land and lease secured before they parted with their cash. This imo will happen now as in todays rns they still mention drilling 3 wells next month.
I would say the third party will shortly complete their deal with greenfield
Yes, agree. Although, I think once the sand value is built in I would expect it to double from those figures to 2.0-2.4 initially.
LOL!
Wait and see Wonga.