Member Info for Torreaguas

today could be crazy, still nt to buy even after the tick ups.

Wake me up at 5p.

Vauch , same here.

toploadermike,

no not yet. I am in TOM and hoping for a good rise over the next few weeks. Already 40% ahead.

I will be back here once the Burwell lease is sorted. This land sale is the longest in history! I hope it drags on for a while yet and TOM goeas balistic in the meantime..

Good Luck !

Oil production cost is zero then ! amazing. All profit on the oil as the sand income pays for production.

Tomco SP would be in the £s if this was a normal oil company producing oil at zero cost! Wait until they announce the lease with 55m barrels and a 20 yr life at 10,000 bopd with 100% profit on the oil!

Not sure on that but we can sell already at just under wti so it’s not an issue

They can only sell them once. And they are bought by someone else in the 0.7s so all good, it makes a market.

These will be in the multiple pennies soon enough.

So 1 plant makes over $150m per yr, 50% to tomco, $75m. 1 lease with 35m barrels gives a 20 yr plant life.

SP anyone, based on that?

WOW! incredible interview.

5p in 6 months.

Can’t buy on IG

Thanks again Indigo. I am happy either way. If it sells for a decent price as is or if it is made premium by MSAR.

The sand is also a great bonus. All good.

California Kern Oil which has an api of 13.4% sold for $63b in Jan 2020 whilst the oil price was $70b

It has a sulphur content of 1.2%. So if our oil is under 0.5% sulphur it will be imo2020 compliant and worth more than kern river?

In other words not a big difference to the current oil price?

Indigo2015, thanks, if it was 14api and low sulphur what would it be classed as please?

Even better, with the sulphur level low, I think (some will know better than me) that we are classed at heavy sweet crude which is in massive demand.

See this article on imo2020

https://oilprice.com/Energy/Energy-General/Heavy-Sweet-Crude-Is-Heading-For-A-Supply-Crisis.html

I am trying to get confirmation of the api and sulphur level.

I think the oil produced is classed as heavy crude oil which has a big market but sells for slightly less than light oil. All good stuff. Sellable around $3 under wti, and if they use MSAR which I am now thinking they may it attract a premium.

Still digging into it.

Salinger, total deramper, no matter what anyone says, you will rubbish it. Green bin for you.

By the way I went with $40 but it is actually around $43

https://atdmco.com/wiki-bitumen+price+per+barrel-376.html

So if we go off the very negative posters prices of $40 per barrel of bitumen and $47 per ton of sand, and 1.5 tons of sand per barrel of oil produced then we get too $110 per barrel equivalent , still massive profits. It is clear to me the derampers are now moving their position to just argue on quality of product now, trouble is there is still big profit even in the silly low prices.

Despite the differences in opinion on the use of msar, are we all in agreement that production of the oil/bitumen product and sand means the plant is now a profit producing machine?