LON:TOM
TomCo Energy Plc
BLOCKED - NOT ACTIONABLEMethodology gate: denylistCheck
Position levels
Currenttoday
0.02p
Buy <=wait / entry
0.01p
Trim >=take some off
0.01p
Thesis breakA confirmed failure to meet a licence or working-capital obligation resulting in...
-
Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 16% | 100 / 100 | 16.0 |
| Base case | 48% | 62 / 100 | 29.8 |
| Bear case | 36% | 10 / 100 | 3.6 |
| Weighted conviction | 29 / 100 - AVOID | ||
Top risks
- Funding risk: TomCo has no self-sustaining revenues and is entirely dependent on periodic equity capital raises that dilute shareholders
- Binary exploration risk: A single unsuccessful well can permanently impair the investment case with no margin of safety
- Regulatory and licence risk: Oil and gas exploration licences carry material work programme commitments that can result in revocation if unmet