RE: TOM looking at Valkor drilling in H1 202511 Mar 2025 08:48
"Tomco are skint"
Worse than that. They don't have money, yes, but also no real staff, the business isn't being run as a going concern - I'm shocked but not surprised that it's still traded on an exchange, by rights it should have been suspended. Beyond that, it has no real route to make money. With a market cap of about £1.7M I feel it's vastly overpriced - there are fruit and veg stalls with better profits, better routes to more profits and more predictable revenue.