Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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Nugacity
17 Feb '20 - 06:28 - 8026 of 8038
ASX is closed already (before 6am) these clock changes are a nuisance.
Just read your 8025 post and you have omitted Solar which Mr Moagi lumped in with CBM , and which TG supported.
The mix makes logical sense. Solar is fine during the day when they need power for businesses , air conditioning on hot days and refridgeration.
But at night , no sun, no solar power, country cools down , it is dark , everyone is home and domestic requirements soar for heating, cooking and lighting etc so they need to be able to store power or generate it from non-solar, CBM fits in well.
We'll never agree on this, you persist with the idea an agreement can be made for non existent power figures. I just don't see it!
Without the knowledge that comes from gas flows TLOU cannot tell what production costs will be, far less what price they need to negotiate for survival/thriv(e)(al).
And that is why the share price is low .... nobody knows where this is going until we settle on flows.
As you know, the gas is present and is coming out of the coal. Water is slowing its progress. Remove the water and get more gas. TG has told us that time and again and is criticised for telling us black is black and white is white.
3 trillion cu ft of gas is certified - why oh why would it not take the path of least resistance and flow?
TG has quoted a 100% figure.Cannot remember the precise context, but the BG and Tlou and PIs just have to wait for the water to subside. I cannot see why so many are scared - this has been the same story since the summer - and it makes sense. More water flowing == more gas will flow. That is the norm. the delay will ultimately be good news.
Thanks MM , I quite like Donk in this sort of mood.
He tries to make me see it his way, I have to argue, and it makes up my mind even more than before.
I wonder if he realises that what TG is doing now is actually setting the standard for the whole of Botswana and maybe the whole of Africa and beyond?
Lesedi #3 and #4 will be the definitive study in how CBM extraction is likely to perform for our rivals.
If I was a rival and thought Tlou were making a mistake, I am sure I'd tell them so they can put it right and show the consequences. It strikes me as free research?
My panic attack was induced because of TG's sudden switch to talking about Solar, compoundeing my anti-cbm mood.
It looks to have taken a back seat since, but may have needed us to comment after the minister's speech at the time.
CBM power will be for 24/7 hrs - once there is some money coming in , it may well be better spent on boosting daytime supplies for industry with relatively simple solar panels. It is probably more labour intensive than CBM production, which will help unemployment in Botswana.
I'm feeling happier than for some time - this is a better bet than Cyrname, conqueror of Altior , my favourite horse , at the weekend.
Greed let me down again. Had £30 on it to win £12.90 at level weights. The worry was he'd not be interested as per the King George chase on Boxing day.
He set off quite enthusiastically, the odds tumbled, and I was able to lay him for a certain £5.80 profit if he won, losing nothing if he lost!
For the sake of an extra £7.10 I let the bet run. He was a beaten horse at the last when he fell and did not get up!
It took a while, 15 minutes?, but he was only winded and then looked as right as rain.
So I lost £30 when I could have won £5.80 .... I'm letting a lot more run on TLOU ... if TLOU wins it'll replace Altior!
Beating Altior took its toll on Cyrname for sure - he's been retired for the rest of the season. Altior looked lacklustre in his comeback race , so may have suffered too, but he jumped the last level with others and then sprinted away from them like the brilliant horse he is.
MM please copy whatever you feel like from that Nugacity idiot , £35.80 is a major loss on betting for him, I am sure :O)
Brad - nice post of yours on ADVFN. You should copy across.
Blooming computers - I an certain I typed two nots in the post about shorting, and if not is, and since not sing over on ADVFN (where you can edit such things).
Anyway, the 6.7c was the only price in town as no more trades after those 5.
Let's hope London catches up with their price. Donk has written some excellent stuff over the weekend btw!
Has been cool, calm and collected - 3 c's instead of 1 - though a new poster has irritated both of us a little bit.
For those who don't know what site I'm talking about , here is the link, with spaces in com to disguise it.
"uk.advfn.c o m/cmn/fbb/thread.php3?id=40191539" which LSE might redact if they recognise it.
Opened 6.7c - 6.9c but 5 trades including one single share again?
Spread is now 6.7c to 7c - I still think ASX will react to gas flow news before London whichever way it goes.
7c is currently 3.6p (6.7c is 3.338p).