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I recall an article which showed the trees in a wood/forest that would be our poles. Wasn't it linked to one of the two contractors though? I'd expect TLOU to get a quote for the supply and installation tbh, but maybe we would source the stuff ourselves as you say.
Our one off deal is unlikely to get the discounts a regular contractor can get for future business? Especially with our board in Australia and Ireland awaiting the all clear to visit Botswana for whatever reason that is?
Whizz, you are in danger of repeating equally stupid Bradesque views. You can source all the materials you want but if you don’t pay for them, via deposit or some agreed promissory note, then you haven’t really sourced anything. And the prices quoted a year or more ago - are those prices still likely to hold today? It really is about time a lot of Brad’s nonsense is binned.
Brad, colm said that they had sourced the long lead items in an interview along time ago, I’m sure it was from another job that didn’t happen. If I am mistaken on that fact then the company have had all of last year and half of this year to source the materials needed because they have done little else in that time, so the materials and prices should have been sorted way before the came looking for the funds IMO! And once work starts on the poles and wires they have gg in country to manage it while restrictions continue! Please stop using COVID as an excuse for the company’s poor performance!
Smith, I suspect you are the only human being in the world (never mind this message board) that thinks TG isn’t bringing in funding because he doesn’t want to spend it yet or pay the interest in it yet.
If such funding had indeed been secured, do you not think they would have announced that a facility had been agreed and was available for draw down at a later date (ie when TG wants to start spending it).
Please use some of your experience in life gained over what I assume are a considerable number of years and apply them to the real world. Not this imaginary world you live in with TG as your best friend and idol.
WHIZZ,the money is still there afaik, and if there was a benefit in spending it now I am sure TLOU would. They have not spent it on getting the poles/wires installed or they'd have told us, but I guess there are costs in negotiating prices for the physical poles , wires and sbstations materials directly or indirectly through the chosen contractors which may have been paid?
The delta variety of Coronavirus gas lockeddown Australia so sending supervisors/inspectors to oversee the work we anticipated is not possible! And I somehow doubt they'd be allowed into Botswana if they could leave! When are you going to realise how serious Covid is? We have lost a director and they are renowned for being miles behind the front line!
A wounded copper was sat on the kerb holding his wounded head during the riots in London years ago! A very senior officer spotted him and went over to console him! The copper saw him coming, jumped up, put on his helmet and before a word was said , said "Sorry, sir, I hadn't realised how far back from the front line I am".
It’s a worry when the bod are feeding us what they want us to hear, so you then think right we are off again things are looking up, but in reality the opposite happened! For me that raise was definitely to secure money to pay the wages for longer, maybe not all of it but definitely some of it, which is not how they sold it to us all by any stretch of the imagination!!!!
It's a requirement of their market listing as opposed to company registration Brad - for AIM at least, not sure about ASX. However, I think they only have to update every 6 months, which is too infrequent imo
I think an RNS is obligatory for company house equivalents, but I don't see a list of directors mentioned below, or principle holders Appi.
"Displaying your Company Registration Information
by David Fowler | Sep 18, 2015 | Uncategorized An update on what you are legally required to include on your website and emails.
Since 2007, the Companies Act has stated that registered companies must display certain information on their website and in their emails or they will be in breach of the act.
Not doing so will mean you risk a fine. If you are a registered company, you should be aware that you need to display the following:
name, geographic address and email address of the service provider. The name of the organisation with which the customer is contracting must be given. This might differ from the trading name. Any such difference should be explained as “ABC.com is the trading name of ABC Enterprises Limited” the registration number and the place of registration should be stated (e.g. “ABC Enterprises Limited is a company registered in England and Wales with company number 1234567”) if your business is a member of a trade or professional association, membership details, including any registration number, should be provided if you have a VAT number, it should be stated – even if your website is not being used for e-commerce transactions it is not sufficient to include a ‘contact us’ form without also providing an email address and geographic address."
Took a look to see which site you meant TB and found this - dated towards the end of May - the month! 28th perhaps? It'll be nice for the board to see that Alliance News considers them to be a Winner.
AIM - WINNERS
Kodal Minerals PLC, up 9.9% at 0.26 pence, 12-month range 0.032p-0.36p. The firm kicks off aircore drilling to find gold mineralisation at the Nielle project in northern Ivory Coast. The exploration firm says the 5,000 metres programme is expected to take two weeks to complete. Also in Ivory Coast, is Kodal's Dabakala project. An infill sampling programme there has been sealed all samples have been submitted for analysis.
Tlou Energy Ltd, up 3.7% at 2.70p, 12-month range 1.42p-5.50p. Announces it is developing a hydrogen strategy to complement its gas-to-power project. The company is seeking to use gas and solar to alleviate some of the chronic power shortage in Botswana and southern Africa. Tlou says the hydrogen economy presents "additional business opportunities". It adds it is "well-positioned" to produce hydrogen.