Member Info for Jungmana

Always moves fast and imo this could be the bottom as sellers dry up. We may be back to 1p by weekend.
Too cheap at GBP 4m market cap (0.6p)

That rns statement " no of no resaon" in reply to the market price query is a standard reply unless some significant news is immediately in the pipeline.
The fundamentalshere are still the same having just signed a transformational jv. That proactive article alone should wake up investors about the potential here.

"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."
Market cap is just GBP 4m today

A quote from the recent excellent analyst report;

"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."

For new investors:
Outstanding warrants;
187m at 0.8p,
81m at 1.4p.
Cash position right now about GBP 1.9m with approximately GBP 1.2m for the greenfield jv . That leaves about GBP 700k for working capital which is enough for 12 months.
The warrants will bring in more cash as we will soon be well over the exercise prices and imo holders will do so.
Turn around soon to 1p+ imo

The share price is at the same level before this greenfield jv was agreed with valkor ( a reputable company) and GBP 1.5m raised.
Soon this will turn around once sellers are done .
Crazy undervaluation;
https://www.proactiveinvestors.co.uk/companies/news/922129/tomco-energy-analyst-highlights-attractive-economics-of-a-new-oil-sands-separation-technology-922129.html

Got about 3m total shares now. Not adding a bean more and hopefully see 1p again this week.
Good luck to US.

Just increased my holding near 40%. Should turn around soon back to 1p+ this week imo.

This process has a number of advantages over conventional oil sands separation techniques:
A modular, scalable extraction plant
Lower start-up capex
Lower water requirement
By-product of clean sand, requiring no expensive remediation
Output of sweet (low sulphur) heavy oil, potentially suitable for use as marine bunker fuel, with no further refining

Way oversold after a standard end forced on them as a speeding ticket. The fundamentals are still there and imo tomco could see 5p share price before the end of 2020.
Should turn around soon and won't be surprised to see 1p+ this week.
Good luck all.

https://www.proactiveinvestors.co.uk/companies/news/922129/tomco-energy-analyst-highlights-attractive-economics-of-a-new-oil-sands-separation-technology-922129.html

the fall today is actually a distortion of the real fall which is just about 6%. this is due to UT trade at 0.98p on friday. bounce tomorrow imo.

Outstanding warrants;
187m at 0.8p,
81m at 1.4p.
Cash position right now about GBP 1.9m with approximately GBP 1.2m for the greenfield jv . That leaves about GBP 700k for working capital which is enough for 12 months.
The warrants will bring in more cash as we will soon be well over the exercise prices and imo holders will do so.
1.5p target this week

This process has a number of advantages over conventional oil sands separation techniques:
A modular, scalable extraction plant
Lower start-up capex
Lower water requirement
By-product of clean sand, requiring no expensive remediation
Output of sweet (low sulphur) heavy oil, potentially suitable for use as marine bunker fuel, with no further refining

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.

We are actually not down 15% but about flat from Friday's close. The ut trade of 0.98p was a tactic by mms

https://www.proactiveinvestors.co.uk/companies/news/922129/tomco-energy-analyst-highlights-attractive-economics-of-a-new-oil-sands-separation-technology-922129.html

Any pullback of 20 to 30 % will be heavily bought imo. This stock is worth 3 times today's market cap.
Hold tight and could see 10p here in a few months.

Justin was simply saying is a hold for now as rsi is very high and may pullback a bit. But at the same time he said the stock has momentum, news could come at any time and has momentum and is still undervalued.
Simples!

Friday's close is all part of market maker tactics to control the price. Our actual close was 7% up NOT 35%. On Monday it will most likely be open red but imo should be strong day and hope my finish blue.