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The green poster was bound to come on here if the sp dropped below 2p even 0.0000001p would prove him right all the way along and Sekaname will be overtaking despite driving in reverse hear the wrong way round the track?
ASX are LSE are not far apart - that is the important factor. Nothing will convince me this share won't be 5p+ in 2024 and hopefully before FALL (Autumn).
Looks like an all Manchester FA Cup final -so cmon TG , get my mind off football.
Colm is bound to be right one day using my philosophy? I am expecting a UK consortium to come up with the funds before long. They will know a good thing when see it.
Judging by the green portions on my page, the Far Superior Being is still chirping away.
Come on guys, why even engage with him, he is only interested in his own diatribe.
Having a good day are you Winni?
After how many years of bullish and postive sentiment expressed by the managment, and endless tweets on 'making great progress', here we are 10 plus years later, short of the final cash but hopefully they find a way to get what they need, yada yada yada ..... Did it ever occur to you / any of you that you have been spun a story for however many years.... Is it because you have me to focus your anger against that completely and utterly clouds your minds to what has been going on here ?!
Look back over the years and work out how much drilling was done, the great stories about coals and dewatering and well communication - and now today, they like to tell us they are 'more and more confident'.
Sometimes I cannot believe how dumb folks her actually are !!!!
Not your finest Winni, by a long way.
what are they meant to say..we haven't learned anything in the time we have been drilling and extracting! nitpicking is what i call all that you say..bots... not constructive criticism .. but one sided *******s! lets see how your lot get on ..with their drilling programme and extraction methods.
So the company is saying it is becoming more and more confident with the in-house knowledge gained from RECENT DRILLING, extracting more and more gas out of the coal will become progressively simpler and .....
I will be as usual accused of looking for a negative or worse - but this simply does not gel with the words put out to the market previously. And for sure it does not gel with Brad's long held view they have been mining, extracting and using gas on site for years and years to provide camp power etc. Then again, Brad is never wrong.
The Lesedi 4P & 6P production wells are continuing to flow gas
#TLOU is confident that with the in-house knowledge gained from recent drilling, extracting more & more #Gas out of the coal reservoir will become progressively simpler & more cost effective due to economies of scale
Correct, he made that mistake a few years ago. As we know a lot of people have pumped cash in here.
We are nearly there, I'd be astounded if we didn't connect to the grid but the terms make a big difference.
Colm's message won't get him in trouble either way. He used the word 'hope' ! But refuse to believe at this stage TG and the Doc will let their investments go the wall!
At face value, that sounds very interesting, so fingers crossed something comes out soon. But we all know Colm's "very soon" has been found wanting in the past. Just thought I'd post that before the usual negativo's get it in.
Colleague recieved reply from Tlou today.
Just seen my email reply from Colm ..
Hi Anthony.
Thanks for getting in touch.
It is good to see the uplift in the SP. We're still massively undervalued in my opinion.
I'm not able to say much regarding funding until it's announced to the market, however Tony and I have been finalising negotiations here in Botswana and expect to be able to announce something very soon.
Kind regards,
Colm*
Precisely, so those blaming Tlou for our project taking so long could be off the mark somewhat. That said if (big IF) that's operational by 2027, I don't think 15 years is hugely excessive from feasibility to switch on. I certainly don't think UK would be much quicker. Just my thoughts.
I guess it's all about that last bit of funding now and becoming a company that's generating revenue.
Yeah saw that free, just a stones throw away and another small part of the puzzle completed.
Has anyone seen the video of the last pole on the transmission line being connected to the Serowe substation? Tlou Energy posted it on their twitter account today.
They mentioned the Lesedi project is no longer isolated from Botswana's Electricity market & is now connected to the broader Southern African Power Pool.
Https://www.mmegi.bw/business/govt-extends-bidding-for-200mw-tender/news
An example of how long something can take in Botswana .....
"The 200MW CSP project dates back to a feasibility study from 2012 which was done as part of the conditions for funding the Morupule B Power Station and represented a firm commitment by government to move away from fossil fuel dependence and towards 'green growth'. "
They really are quite hopeless at allowing projects to get moving. This is all so contradictory to the press saying Best in Africa for business, low corruption etc..
Now now Winni. Please check back to who said the 2023 fund raise was rather at risk if the Doc or Pension Fund did not subscribe. Remind me - did they ?
Good that TB appreciates they are working hard on a deal. About time they worked hard on something dont you think .... I mean, so many years working on so many different options and here we are, ground hog day .....
Nervous - well only the stupid ones are not nervous. Right Brad ?!
Oh ..Bots your a one! … not nervous… just highlighting and then discussing the subject. Mean while your reading the Botswana version of the Beano, whilst sucking on a lemon……. as usual!
Winni - suppose I argued that we have reached current progress earlier than they expected.
Borrowing money too early would not have been sensible unless we could use it.
I thought the Eastern Block placing, without London , looked very rushed, so it is possible.
Or did they expect the Doc to support either or both that placing or actual funding?
He did neither afaik, so was that his choice or was it TLOU's concern that he was getting ever cioser to 51% and overall control , or some other reason?
GG hardly sets an example by never putting any of his money into TLOU. Does that worry Bots' nationals including the Pension Fund? And maybe the Govt itself? If he does not see the potential then how can outsiders.
Oohhhhh sounds like the lads here are getting a tad nervous about 'sealing the deal'. Everyone except Brad of course.
That's the spirit Winni lol.
We've come a long way and a lot of money has already been pumped in, I'm sure the company are working hard on a deal.
Ok i agreed the playing field may have moved since he said that... and i guess getting finance at the right rate has to be better than just getting the deal done! And then not being able to benefit from it! because it has cost to much in interest! .. lets see how this plays out. we'll know soon enough
Agreed Brad, most of us have been here for a number of years and we've had some disappointments along the way but give them time.
If they get the funding on good terms the outlook is bright, they haven't failed yet, keep the faith.
Just shows the type of person you are hoping that someone loses money because they don’t share your optimism! Shame on you!
Tlou should have had this money worry sorted along time ago and not left it to to last second!
Sum’s colm clueless up
Brad surely it should have been full costed and funds in Place well before this time! Yes I know in the idea world it would have been . But it does weaken any bargaining power when one is going cap in hand to any potential investors .. They will or have done due diligence and will see the weak financial Tlou are in.. Just in time .. is great in production manufacturing.. but not so good in finance ..
Whizzer, you have never supported TLOU 100% but I hope you have taken your money out too early!
Hopefully you'll be buying back those shares soon at a higher price! Or I buy some of your cheap shares in the near future.
We all know that energy prices are dictated by the price struck well in advance - I wonder if there will be forward markets we can sell into once we satisfy BPC's initial order. Or will BPC partake themselves?
That could avoid debt and dilution if they will pay in advance! But that is impractical until we start delivering and flow rates are commercial +.