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https://www.londonstockexchange.com/stock/TLOU/tlou-energy-limited/company-page
How stupid are you poxy?
Your post shows 2.95, LSE shows 2.95, IG shows 2.95 and the stock exchange shows 2.95.
With the recent cold weather and travel complications due to Covic , I suppose you'd try to put up the prices of holidays due to the lack of demand? Paying for Covid tests until you are clear before being allowed to de-isolate would be the icing on the cold holiday that cost more than it would in good weather!
I guess a shareprice of 49p is in the 1p range, rather than the £1 range!
Your IQ is in the same range for certain!
Tlou have a problem with Danny - does he spend Xmas and New Year in Botswana or does he return home to Oz and risk being exiled from Botswana during Q1?
Fingers crossed the Omicron variant proved to be less alarming that feared at first. A scientist on TV thought we'd need 3 weeks to decide how dangerous it actually is.
2.85 pence closing. I bet nobody saw that coming a month ago. Was the omission of a comment in the Chairman’s Report about funding a signal.
Remember they said the funding terms were agreed and were waiting for signing….. Amateur hour yet again !!
And if funding news doesn’t materialise soon, are we headed to the 1 pence lucky bag range…..
Tony has it all covered; it’s part of the long term plan; …….
I seem to have a very fast "a" key strain and blaming.
The Guardian crossword today (Brendan) has a theme!
The top third of the solution uses just the keys from the first row of a Qwerty keyboard.
The bottom, just the last row of keys! And the rest from the middle row maybe?
As if the Friday puzzle is not hard enough already.Brilliant idea that I only knew after https://www.fifteensquared.net/
and Eileen pointed it out along with her solutions!
So you think I blame covid, and it’s mutations on Tlou. Are you really that stupid?!
Sit tight Brad - lots of news ahead.
Oh dear Moagi.
Shame TLK is not here to anticipate my reply to your hog wash!
1. You sent the link to the new starin of Covid and the BBC report on UK lockdown for that region!!! I was responding to you seemingly balming that on TLOU!!!
2. Your illiteracy is legend - I gave a possible reason for the delay - nothing to do with Covid directly! Indirectly it has drive up the price of energy whether petroleum or coal based !
3. I'll repeat it for you in the hope twice will be enough!!!
(a) The PPA fixed the price around 12 cents so we have signed up to that for 10MW.
(b) Gas prices have risen recently by up to 700% so 12 cents is a terrible price!
(not repeated)....
(c) TG moved on Botswana a decade ago because the price of diesel power was around 30 cents , whilst CBM in Australia was achieving 10-12 cents!!!! The potential price , undercutting diesel and improving on Aussie returns , had great possibilities. I expected 18 cents a unit but for 2MW we agreed to BPC's standard rate of 12c afaik!!!
(e) We await news what 10MW PPA was agreed at , though 12c looked almost certain from the evidence.
(f) After 10MW , I cannot believe we'll supply power at 12c ever again!!! Unless the price drops dramatically of course! Unlikely I fear? Solar may dictate the price of gas or CBM power but I don't know the going rate of Solar energy.
I bet you failed O-level English Language, and never took English Literature Moagi!
Smith you always have a reason for every delay. But suggesting the funding delay is linked to the new Covid variant is pure horse poop. Refer to what both GG and CC said 2-4 weeks back. The business world goes on; people work from home; people find a way - except Tlou management team. Either they cannot close a deal involving debt finance or, much worse, the debt providers do not like what they see when they look under the Tlou bonnet.
As of Tlou’s projects read and are presented really well to the market. But the market is not yet financing them - so the obvious question is Why not; Why the delay;
These are questions you have your own answer to - the few people looking in here now don’t need to keep reading your same old, same old. The Chairman had an opportunity to make comment on what many here consider is the most pressing matter for Tlou in terms of it being able to move ahead. He didn’t make any reference - Why?
And where is Tlou going to get 3m bucks to invest in Synmet IPO? Debt finance is typically project and cash flows based around cash flows. Not to invest in new ventures to help partially pay development costs of a prototype which may or may not work.
Anyways I am done talking here. There is nothing else to say here until funding news drops. And maybe when Sekaname announce their PPA - haha man would I wet my pants if that were to happen.
WTF? Channel 5 has just disappeared and a bloody advertising channel has cut in on channels 5 and 105?
Hair tongs!!!!
It is back again. Weird?
The user interface here is awful. My mouse slides and registers! I look at the keyboard rather than the screen so I am unaware that I am typing into a random part of the box! And that box gets resized so often, really annoying!
The point that got lost in that juggled post was that our funders may be unhappy to fund a company prepared to to accept 12 cents per unit when a much higher price could be justified?
I don't like to harp on, but the PPA you all insisted upon us pushing for is responsible for this!
TG was right to go for 2MW - we could be locked in to 12 cents for decades .... as Sekaname/KE would have been for 97MW !!!!!
I feel that SAPP will be involved in any extensions to to 10MW - and BPC are going to have to surrender or lose that power! I don't understand why TG is a God imho but is criticised by others.
He saw situations like this arising from the start. If the price of gas stabilises any time soon, then I expect funding to follow soon after. But that looks unlikely!
The price of diesel is horrendously high too - our saving grace perhaps?
Moagi , you say it is a habit here without considering the evidence that you provided in that post.
Are Tlou responsible for the new Covid variants? Or the likely lockdowns on folk travelling from Botswana? I don't blame TG for any of the hold ups over the last 5 years or those existing ones that seem destined to go into 2022.
He is not a highwayman - in fact he is the opposite, an honest guy trying to produce a leading energy company in Southern Africa and nearly everything is against him. Including you.
TG is trying to stand and deliver imho.
I do agree with you on Martin's message and the lack of news.
Danny Horne does not get a mention by name and there is little about what he has achieved in any sort of detail.
Funding got the same treatment. If it is as close as we are lead to believe, then what is the issue that is preventing it from happening?
It could be the increasing gas price world wide! Are Botswana trying to keep us to the 12 cents per unit agreed in the early days (years ago?) and Tlou should not prepared to honour that given ITV news headlines such as
"Gas prices had risen by 37% in 24 hours to trade at 400p per therm (the energy equivalent of burning 100 cubic feet of gas) - up from UK gas being at 60p per therm at the start of the year.".
Food for thought!
I thought this Chairman’s Address was pretty darned weak in terms of content, delivery and enthusiasm tbh.
Of course you could argue he had nothing new to say, so he just kept it brief and made sure enough of the right progress words were there.
BUT….
Funding package is the single most important news currently awaited, and he knows that and he decided to make no reference. And now this:
https://www.bbc.co.uk/news/uk-59424269
If funding isn’t announced by end next week, then sayonara until February or later imo. And shareholders have been spun yet another yarn about timelines and progress.
That has become quite the habit here
So what do people think of today’s messaging via our Chairman?
Is it all part of Tony’s great plan