Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
All makes good reading but it included a sentence I never thought I would read "I Questioned the company after the Orapa tender was announced and got the insight that Tlou were expecting the tender to come but were very surprised by its RAPIDITY.
I'll get back to Sudoko, I'm up to 50% are quicker than but guessing really is not the way o solve them. 50% chances are nearly always wrong!
This is the proof of what I claimed to have thought.
"BradSmith
Posted in: TLOU
Posts: 4,488
Price: 3.50
No Opinion
RE: Strata X Energy. 14 Apr 2021 19:12
Imvho, the timing of the tendering process reflects Orapa's opinion of when CBM might be available in Botswana?
How did they form that opinion? Well they have been using generators that could have requested CBM for years but they stayed with diesel, for obvious reasons! Somebody has tipped them off that the times they are a changing and it was not Bob Dylan! I have a list of two or three, unless Orapa have appointed a new employee who has inside information?
Most likely they have been following the news of the two preferred bidders and decided one or both can meet their schedule."
This too:
'The Orapa Diamond Mine is seeking cleaner gas to displace its over-reliance on high carbon producing diesel to supply their 90MW of electricity needs. Tlou will play an integral part in this process and will allow the country’s main export earner to shift towards a lower CO2 footprint.' Tony Gilby
TG is picking up directly off this statement from Tlou in February 2020:
'Discussions on supplying gas to Orapa (owned by Debswana) have recently recommenced as part of another broader growth strategy. This is to supplement their cleaner power generation (including solar) objectives.'
I questioned the company after the Orapa tender was announced and got the insight that Tlou were expecting the tender to come but were very surprised by its rapidity. Seemingly the pressure came on from both Bots Gov looking for shovel-ready post COVID as well as from Anglo American (via De Beers) looking to green their operations. Both save a fortune in diesel as well.
I have a strong hunch that Tlou were able to take a prepacked tender off the shelf.
And then this to finish:
'Tlou’s largest shareholder is the Botswana Public Officers Pension Fund (BPOPF) and therefore the pensioners of Botswana will benefit most from Tlou’s advances.'
Remember this is a direct quote into Botswana through one of their major papers. Will have been read by the BPOPF decision makers and the fund's beneficiaries. Something of a 'What are we waiting for?!' from Tony Gilby.
If we cast our minds back to the maps released in the tweets, there was a planned dashed line to Orapa. I think one map was from an Orapa source, and we also showed the same from our side.
I thought then that Orapa had been waiting for us to get close before releasing the tender documents. It also suggested we might be more advanced on dewatering than we were being lead to believe.
'The Orapa Diamond Mine is seeking cleaner gas to displace its over-reliance on high carbon producing diesel to supply their 90MW of electricity needs. Tlou will play an integral part in this process..............'
When Tony refers to 'this process' does he mean being part of the 'seeking' - i.e. the tender - or the actual gas supply? If it's the latter, I think he's jumped the gun as that would be major news and before the closing date of the tender.
I was just about to post this MM. Yes very bullish, surprised to read the comments about Orapa before the tender has been awarded, maybe they've already been given the nod privately...
TLOU ENERGY ADVANCES CLEAN ENERGY MEGA-PROJECTS
PAULINE DIKUELO Friday, May 07, 2021
The country’s most advanced coal bed methane (CBM) developer, Tlou Energy, is leading the shift towards a cleaner energy future for Botswana and the region, as it advances solar and hydrogen production at its 10 licences.
Tlou Energy’s flagship Lesedi project has a verified 252 billion cubic feet of CBM near Lephephe, capable of generating 100 megawatts of electricity over 25 years. The project already has a mining licence and Tlou is finalising off-take arrangements with the Botswana Power Corporation as well as financial transactions with funders. The company, however, is broadening its scope to create a clean energy district in Central Botswana over its prospecting licences which cover nearly 10,000 square metres.
MD, Tony Gilby told BusinessWeek that Tlou Energy is pioneering the development of hydrogen as a clean energy fuel at the Lesedi Power Plant site. He said Lesedi is ideally located to be a regional hydrogen production and distribution hub noting that hydrogen can be produced at Lesedi using solar and water, which could be a fully renewable energy source for transportation purposes. “Hydrogen, when burned in a vehicle, produces zero greenhouse gas emissions and will allow the country to be a regional pioneer in this revolutionary form of clean energy transport,” he said, in response to emailed questions. Carbon neutral biodiesel is also being investigated and the Tlou site offers many advantages for this proven process that can increase employment opportunities plus reduce the reliance on imported hydrocarbons, Gilby said. Clean cooking fuels are another potential benefit to society.
“The Orapa Diamond Mine is seeking cleaner gas to displace its over-reliance on high carbon producing diesel to supply their 90MW of electricity needs. Tlou will play an integral part in this process and will allow the country’s main export earner to shift towards a lower CO2 footprint.'
Gilby added Tlou Energy is also advancing a solar project at Lesedi which will allow the company to initially power its wellsite and field operations. The company will then expand to supply power into the national grid and therefore meet some of the country’s clean energy objectives. He said the government has been very encouraging and has been quick to adopt policies supporting leading clean energy practices, pointing out that the private industry has to take lead, particularly Tlou Energy, to make this happen. Tlou Energy still needs to raise additional capital to expand and further develop the Lesedi project. This comes after the company successfully raised P24 million to fund and meet working capital requirements towards the country’s first CBM project. “Tlou’s largest shareholder is the Botswana Public Officers Pension Fund (BPOPF) and therefore the pensioners of Botswana will benefit most from Tlou’s advances.'
https://www.mmegi.bw/index.php?aid=89772&dir=2021/may/07