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Come on Coco you have been caught out some many times is laughable. Posts deleted, divisive posts and negativity all for the benefit of the shareholders. What an absolute Devil In Clown Klothes.
I remember saying I was concerned elephants might trample over the solar panels and was shot down , by MM I think?
The nearest elephant in the wild was hundreds of miles away in the North from memory!
I think I said Lesedi was between a South African safari park, and the one in Botswana, and came up with some reason why they'd want to visit each other - a trunk call?
Just have to hope they don't hear Tlou has a lot of water - if their trunks will reach the depth of our water. Time to walk Poppy, not before time did I hear!
When it comes to the poles, I doubt very much that they'll start one end and eventually finish at the other. More likely they'll be 3 or 4 separate gangs spaced equidistant along the route. The contractor will be getting paid the same, so I would expect them to carry out the installation as quick as possible. I would also expect each gang to install at least 5 poles a day. So if the poles are 100 meters apart, 1.5KM per day would seem reasonable just to install the poles. Obviously it would get slower in more urban areas.
It's an interesting point about elephants, they seem to knock trees over for fun, I wonder if they'll feel the same way about a timber pole?
I’m glad that post made you smile as it was meant to be lighthearted sarcasm.
I think most of us LTH have developed it over the years. lol
Got ta go cos got physio.
If they manage 2KM a week, I'll eat my hat and buy more shares! Still smiling from the reply of smallfish. He must know the diverse wildlife of Botswana.
e minimum clearance distances o powerline are as specified:
Voltage (kV) Minimum Clearance Distance (ft)
Up to 50 10
>50 to 200 15
>200 to 350 20
* is not explained in
>350 to 500 25*
>500 to 750 35*
>750 to 1,000 45*
>1,000 determined by the utility/owner
Officially 12 months …. but they hinted it might be quicker.
OMG, does it ever end !!
MFM - say something new about me mate. Please.
Open and honest communication by management to shareholders is the first step in righting the good ship Tlou. They have bull-****ted us and the market for too long now. They need to restore credibility - and that can only begin with messaging.
The market has been let down by them too many times now. That is fact. Now start fixing it !
Maybe then we will start to make money. It really is that simple.
Line will be built at 1.75 meters high, allowing the giraffe's to foxtrot across it without loosing a step. As for Elephants, not sure, but assuming a number of Taco Bells will be built; let me double check with TG and revert back.
Thanks for the brilliant answer to a semi-serious question. I enjoyed your sense of humour. I trust the line will be high enough to let the giraffes walk under comfortably and the posts strong enough to deter any elephant gorging!
Officially 12 months but they've hinted likely to be quicker.
You’d be better off writing to the Bots Govt for an answer to that question. Just don’t expect a reply for 3 or 4 years as the response will have to go through the government due diligence process.
Any idea how long is envisaged to build the 100km transmission line?
Do you think any 'new investors' reading your last post would be encouraged to buy or discouraged Moagi?
To me at least the answer is obvious and I find that a very strange post from someone that a) purports to hold shares in the company b) has been locked in here for years and c) presumably as a holder wants the price to rise.
It is your posts not the managements rns releases that are seen as overwhelmingly disingenuous because no sane holder in their right mind would post so negatively about the company after being locked in for so many years and the price being at current bargain basement levels.
You can't trundle out the oft used excuse of 'warning others' I'm sorry that just doesn't wash in fact it's laughable mate.
Everyone who invests does so to make money not spend their entire lives keyboard bashing like some 21st century Robin Hood do-gooder!
No, you have an agenda here and have had for as long as I've been invested and apparently from several years before that.
Always downplaying the positives and highlighting and over-playing the negatives or trying to spin a positive into a negative. If you think anyone on here, even the most casual observer doesn't know what you're up to you're completely deluded.
It's obvious that you must work for or run a competitor company hence the bitterness and driven nature of a negative campaign that has lasted what now? 5 years? Maybe even longer. No one does that unless they have a serious axe to grind and perhaps still holds out the tiniest flicker of hope that their company too might one day get a piece of the Botswanan power pie.
I think you actually believe that TLOU has stolen what should rightfully be yours. I'm afraid that too is completely delusional but if that is the case then I suspect you will be here for the rest of your life typing through embittered fingers and dreaming of what might have been if only TLOU hadn't taken what should have been yours, reminds me of Gollum from Lord of the Rings and 'the precious' unfortunately it was never yours to begin with.
Botswana has a large natural CBM resource and someone through entrepreneurship and tenacity will exploit it but it won't be Sekaname or Kalahari Energy not in my lifetime...
100 per cent MFM. They also could quite easily have said in the upfront summary ‘upon successful negotiation of the PPA’. Did they?
Despite the one dimensional noise from the noisy children, reality is pretty much all announcements are over-amping, over-emphasising all aspects of the project potential. Even the Hudrogen Syngen development was written in a way to make it sound like a done deal - fund raise via their IPO, prototype on site and in production next year.
IPOs take a while and are seldom easy;
Building a prototype is new tech and takes a while;
Getting new tech to work properly often takes a while;
Getting something done, built or delivered in Botswana takes a while;
Establishing a new product in a fledgling market takes a while;
Getting a PPA had to the point of the last fund raise taken a long while, yet the point was relegated to the after thought disclaimer paragraph;
In short, everything in Botswana has taken a while, continues to take a while, but Tlou wanted money there and then and quickly … and it didn’t want to draw attention to the ‘takes a while’ reality.
As I say often - disingenuous behaviour. It is there in multiple examples in black and white.
And comments by the MD in his report yday were a continued example of how he views his messaging to shareholders !!
Great post mfm, though I honestly have not read Moron's latest posts.
LSE share news showed a counter of 1 yesterday, gone this morning! I expected to see a a simple statement that TLOU had issed an RNS. but was pleasantly surprised to find this .... sums up my understanding of the important points very well, imho....
(Alliance News) - Tlou Energy Ltd on Friday said it is developing a hydrogen strategy to complement its Lesedi gas-to-power project in Serowe, Botswana.
The southern Africa-focused exploration and development company said it is well-positioned to produce hydrogen from different methods. Methane for carbon and hydrogen, readily available water for hydrogen and oxygen, and solar power to drive the process, Tlou said.
In addition, the company said it is in ongoing discussions with a number of parties in relation to a USD10 million project finance package for the initial phase of the Lesedi project which includes construction of transmission lines and sub-stations.
Once a project finance package is in place and it is commercially prudent, work on the transmission lines and sub-station can be conducted, Tlou said.
Tlou Energy shares were trading 3.7% higher in London on Friday at 2.70 pence each.
By Evelina Grecenko; firstname.lastname@example.org
Copyright 2021 Alliance News Limited. All Rights Reserved.
Ha-ha moagi, you really are a Far Superior Being to the rest of us;
"I wonder who will be man enough to apologise"
You conveniently forgot to add the heavily caveated section of the RNS which has been stated a few times now.
I'm sure you're sat there laughing whilst typing and thinking to yourself this will wind people up, you must be.
If you're not then get out and get some air in your lungs FSB
You're right Moagi but so are the other side. The same rns you allude to goes on to say...
"The above is a statement of the Board's current intentions as at the date of this announcement. However, Shareholders should note that, as with any budget, the allocation of funds set out above may change depending on a number of factors, including the outcome of operational and development activities, regulatory developments, market and general economic conditions and environmental factors. In light of this, the Board reserves the right to alter the way the funds are applied."
It is there in black and white. Not receiving the full PPA award can definitely come under that definition. We didn't get it so the board decided to hold fire on construction of the poles and wires. Yes it smarts a bit because we all thought we were off to the races but you can't argue with a clause that is clearly there and leaves the door open to pretty much do with the funds as they pleased. We never took too much notice at the time because we latched onto the idea that they would just crack on without considering that they may be a bit canny with the money should the situation warrant it.
Most seem to think the situation did warrant a change of course and I have to agree. It seems the sensible thing to wait and put the onus and pressure back on the government whilst consolidating our cash position during a very turbulent time.
Either way it seems a bit of a stretch to say the management were disengenuous to me. They put the clause in presumably just in case such a situation arose. They obviously have learnt to anticipate delays now just like you keep telling us, so maybe you should be applauding there foresight?
Anyway hopefully all this is just academic now as the PPA seems tantalisingly close ;)
Use of Funds:
The net proceeds of the Placing, along with existing cash, will mainly be applied by Tlou towards:
· Construction of a 66kV transmission line from the Company's Lesedi project to the existing electricity grid at Serowe, Botswana; and
· Field operating costs and ancillary equipment
The Company plans to commence work as soon as possible on the transmission line following award of tenders for the construction of overhead transmission lines and sub-stations. The Environmental and Social Impact Assessment for the line has been completed as well as route alignment and associated surveys.
That settles that then!
I wonder who will be man enough to apologise.