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Mr Mo it’s not because I disagree with your views that makes me think your (slightly) unhinged. It’s the way you go out and troll through African based press to try and find any little snippets of information that goes against Tlou plan or process. I can see from your rhetoric you are definitely on at least 3 different chat sites spouting chapter and verse... very much like a Born again Christian ... whom has found god after years of loneliness.
"Clever work by TG to maintain his philosophy of ‘grid connection’ is more important than revenue."
MFM's question, what is the author's alternative to having a grid connection, is just about as straight forward as it could possibly be. And the guy who thinks he has been spot on (in his own little world) for several years does not have an answer?
Solar and CBM powered electricity are immediately out of the window, unless he can bottle electricity , which leaves raw CBM as our sole earner? So he's back to 2016, and KE's plans to bottle it for a virtual pipeline , or perhaps build a real pipeline? Using the initial argument , producing a 149Km pipeline before earning revenue is also clearly ruled out, AND they'd be better off or less in debt , to build the TX lines over only 100Km?
He might eve advocate Vertical wells - they might be enough to fill a few bottles? Or why not dig out the coal and sell it in sacks? I still believe KE sold a coal mine but TLOU bought a CBM source with the same transaction.
KE then saw sense and decided to follow our lead by bidding for up to 100MW - because they think they will be able to learn to run before they learn to crawl (like their loyal supporters?).
Bournemouth maintained their record of 5 wins in their last 5 league games tonight against the champions elect away from home! Only Port Vale currently match that out of the 92 league teams. A really good day today.
Mrmoagi all of what you said may or may not be true .. but you didn’t answer the question asked ... your beef with Tlou is more about how they promote what are trying to achieve... most successful and unsuccessful businesses like to say they are the forerunners ... it’s just what businesses do! Your bitterness to prove them wrong takes up most of your postings .... and give the impression of a slightly unhinged character... people are well aware of the risks in getting this to market and the fact it still has a long way to go.. but they have a reason for this investment and that is that they hope it will be successful and profitable, after all that’s why we are all here .. I would think
MFM - your question highlights my beef with Tlou. I am 100% sold on the opportunity here; I always have been (some will be surprised by that no doubt). My beef is the way TG and team have sold the opportunity to shareholders. They have tried to frontrun every single aspect of the opportunity, to the extent of (near enough) misleading shareholders in how they present and articulate their progress. If you are first to flare gas (which they weren’t), or first reserves, or environmental approvals, or first mining licence - then why do they as first movers advantage only want to connect to the grid.... All the achievements which are loudly broadcast and yet the primary ambition is to connect to the grid and to move slowly forward. CBM is not new; it is not new technology; nothing about it is new - yet Tlou just want to connect to the grid (masked with mgmt speak on risk and cost of capital nonsense) .... There is the total contradiction I have with Tlou.
OB, 2017 was 220m shares in issue; now is 600m; more are necessary. MM is going to have to work hard before he gets to part 2 of his strategy. Clever work by TG to maintain his philosophy of ‘grid connection’ is more important than revenue.
It’s very unlikely that Brad is or has been under TG wing .. TG is to shrew to have somebody so all over the place shouting the Tlou mantra . Brad is a one off and is alone Ranger.. very driven to prove his point .. I have no problem with that and he has kept the chat room lights on for long periods when nobody else had any interest.
mmoagi, On your 00:37 post below... "Penny has dropped - Tony Gilby is also Mr Smith since they sing from the same song sheet.... And amazing how they both endlessly drone on ...." An interesting idea hey, but I don't think Honest Tony and Brad Smith are one and the same person. Tony is an Aussie as we all know. I've got 10 pound saying Brad is British. Probably officially retired. Ex-soccer hooligan maybe. My guess is that he is in Tony's part-time employ with a simple mission - pump the share! Hence the relentless praise-singing and love letters. Mostly harmless though me thinks. If you're looking for an alter-ego for Tony, my money would be on MinorMiner. There is clearly a direct line into the company and his behaviour makes one think of an Aussie cricketer well versed in the not-so subtle art of sledging and taking sand-paper to the ball.
Big spread innthe Weekend Post news rag - Tlou Energy awards Lesedi project tender to Zismo.
... Tlou Eneegy this week announced a major landmark in their development of the Lesedi gas-to-power project....
Wooden poles fitted with overhead 66kV transmission line....; the proposed transmission line is the key to unlocking independently certified gas reserves and contingent resources as well as our solar potential; Tlou’s projects aim to be a significant supplier over time; measured approach to minimise risk and cost of capital; modular and Low risk expansion is the objective; ... this next one is interesting ..... Prior to the Govt support for Tlou’s power CBM projects......
Penny has dropped - Tony Gilby is also Mr Smith since they sing from the same song sheet.... And amazing how they both endlessly drone on .... repeating themselves .....