Member Info for Torreaguas

2m buy in USA gone through at 0.012 (1.2 cents) which is 0.85p in english money. 15% up over there. Hope this is the start of some buying over in UTAH !?

Level 2 strengthening now, nice pressure building, Just 5 trading days to drill after today.

mms holding it down, it is .667 to sell, just show it ffs!

small sellers, big buyers. That is what i like to see.

one day you will wake up and it will have a 100% day, just waiting for the finance, that is all, everything else is in place. Buy now at under a penny or buy at 10x or even more when they announce the finance. Take your pick. It will get done. Too much oil there to fail now.

Quantumstar, good finds cheers, applies to Tomco as well, especially when they secure more leases early next yr, they will have hundreds off millions of barrels under lease! Currently £10m market cap is a complete joke.

dazzle1000, in my figues of $30 for the sand I took that into account but did not itemise it. I think there is more than $30 for the sand based on 1.5tons of sand produced for each barrel of oil.

Regarding Greenfield, they have now stated that they can fit 2 x 5,000 bopd plants on the new lease. and that they will use the recently acquired full aerial survey of Asphalt Ridge to identify where they can build multiple more plants.

This is obviously going to turn into a massive operation with each completed plant funding the next. The first plant is the domino that needs to fall. Get the funding for that signed of early new yr and it all starts to roll.

In the meantime the deeper wells will bring in a decent profit to keep the company finances in order. It is going to be an incredible next 12 months for tomco with lots of news to be released to the market. Hopefully starting very soon with the reserves report and drilling sarting 1st Dec.

The last time it went under $20 was 19 years ago, pretty much no chance of that coming again imo.

Wow, that would be some drop to $20 per barrel, whan was the last time that happened? Anyway with the clean sand element it would stil make a profit at that price. It would need to go sub $10 to become non profitable. imo.

Just a reminder of what we are here for.

Oil price currently $76. From what we have sumised so far the production cost is around $30 per barrel.

So $46 profit.

Then we have the clean fracing sand. Again from the limited info I am assuming this will bring in another $30 (min) per barrel and so covering the production costs.

Profit per day on $76 at 5000 barrels is $380,000 per day less royalties.
This is on the oil sands (Petroteq) model.

On the deeper drills we dont have production costs yet, but lest assume it is also around $30 per barrel.

So $46 profit per barrel x 500 bodpd on the first 5 wells = $23,000 per day.
Once the 25 wells are in production that will be $115,000 per day.

1st production from the deeper wells (500 Barrels) around March building up as the wells come online to 2,500 by yr end 2022.

Profit around $3,450,000 per month from deeper wells. From the Petroteq plant $11m+ per month.

It WILL happen, The Market Cap here is just silly now and it will get moving soon when we get the reserves report, the production numbers from the pre feed study and the rns stating drilling has started.

7 trading days to go after today.

2500 bopd early next yr, followed ay 5000 bopd when first plant built and enough room for 2nd 5000 bopd plant.

12,500 BOPD and 10m market cap.

MULTIBAGS INCOMING

https://www.***************************/tomco-energy-10-stake-in-tshii-base-to-accelerate-plans-on-multiple-fronts-interview/4121034161

surely with these retailers part of the cashback, which is effectively a discount, goes to mode ? Imagine if mode get a minimal bit of bitcoin on each transaction.

Flowergarden, the mode payment option will have to go on the websites. It states

Customers will be able to browse Cashback offers at participating retailers on the Mode app, before going to the selected retailer's website to complete their purchase.

by the way, when MODE gets to USA, gues who owns Boots?!

Boots is part of the Retail Pharmacy International Division of Walgreens Boots Alliance, the first global pharmacy-led, health and wellbeing enterprise.

WALGREENS

I agree £1 is not a big target, this rns alone with those names should get it there. Those are big names and have multiple millions in customers, mode app downloads will be on fire now. I will certainly be using it a lot now they have boots on board, and my diy shopping will no move to Homebase where possible, it’s a win for all parties

https://twitter.com/jrowland58/status/1461001640308318212

Jonathan Rowland
@jrowland58

Approaching the highs for the day and moving back up towards 40p. Research Note Coming and more news….still the most undervalued Fintech in the UK.. @modeplc

https://open.spotify.com/show/2QwpFjzJ0ZteqmMqw2xIfA?si=StPR4RFQQzSvs9NRI4WPQQ&nd=1

Latest podcast is now promoting MODE.

as yesterday, let out the sellers and then the buyers move in. Could be a decent afternoon ahead.

sorry, that was the second one, 1st was 8.22 am at .7145.

https://twitter.com/DonkeyShares/status/1460902220044681219