Skiboy10, why do you keep repeatedly ramping this message across many threads, it starting to look as bad as hashbrown pushing Pele under his various aliases....you have will have zero credibility left at this rate...plus ADVFN are likely to ban you
Sorry for the Off topic guys but this is really worth a look....NCS...reverse takeover looks very interesting....placing details and contact here.....placing closes Friday so I'd be quick....
Both Howard Crosby and John Ryan have superb track records in the natural resources sector in the USA with their latest company [NASDAQ listed Cadence Resources] for example being a serious multi bagger [MKT CAP went from under $500K to $450M within 5 years before being taken over although it should be pointed out that $40M or so was raised on the way].
The placing is at a price of 2.5p.Therefore net of cash raised the MKT CAP will only be circa £9M. This values the oil shale at less than 8 cents a barrel with the proven skills and track record of Howard Crosby and John Ryan [NASDAQ listed Cadence Resources] thrown in for free!
A significant proportion of the new funds raised will be put to work mostly for the purposes of buying oil production. As with Cadence Resources the returns should be very attractive!
Based on the experience gained from Cadence Resources more oil than gas production will be purchased due to the much quicker pay back time.
I would think that Crosby and Ryan will be looking to grow TomCo to at least the same size as Cadence over the next few years.....$450M = roughly £250M = a very nice share price!!