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Pin to quick picksTlou Energy Share News (TLOU)

Share Price Information for Tlou Energy (TLOU)

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Share Price: 2.00
Bid: 1.90
Ask: 2.10
Change: -0.10 (-5.00%)
Spread: 0.20 (10.526%)
Open: 2.00
High: 1.90
Low: 1.90
Prev. Close: 1.90
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AIM WINNERS & LOSERS: Tlou Energy rises on project funding hopes

Mon, 01st Mar 2021 11:29

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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Tlou Energy, up 18% at 3.90 pence, 12-month range 1.22p-4.91p. Energy firm says in funding discussions for Lesedi power project in Botswana. Says advanced project finance discussions are currently with an unnamed "very reputable Botswana based entity".

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MyHealthChecked, up 17% at 3.82p, 12-month range 0.6p-4.9p. The healthcare company notes increase in its share price and says it has become aware of speculation over the weekend that a significant potential contract is in the pipeline. Says that while it is engaged in commercial discussions with a number of parties for the supply of Covid-19 testing kits, no contracts have been signed to date, nor is there any certainty that any of these discussions will result in commercial agreement.

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Lexington Gold, up 13% at 4.0p, 12-month range 1.0p-4.2p. The gold miner says that drilling operations have commenced at its Jones-Keystone-Loflin project within the Carolina Slate Belt.

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Prospex Energy, up 10% at 2.15p, 12-month range 1.4p-93.13p. The energy investor announces completion of acquisition of a 50% interest in El Romeral gas and power operation in Spain - includes three producing wells and 8.1 megawatt power station.

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AIM - LOSERS

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Lansdowne Oil & Gas, down 19% at 0.97p, 12-month range 0.2p-2.78p. Providence Resources, down 14% at 4.63p, 12-month range 1.0p-8.84p. The oil and gas firms say funding with SpotOn Energy has not so far been secured and Barryroe Partners have agreed to allow an extension of two months to April 30 for the funding to be put in place. Lansdowne and Providence had signed a farm out agreement with SpotOn in November in relation to farm out of standard exploration license 1/11. The standard exploration license 1/11 contains the Barryroe oil and gas field in which the Providence has an 80% stake and Lansdowne has a 20% stake.

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Physiomics, down 7.7% at 7.2%, 12-month range 1.3p-17.25p. The oncology consultancy posts fall in interim earnings. For half year to December 31, revenue down GBP363,000 from GBP343,000 prior year and pretax loss widens to GBP132,000 from GBP118,000.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
22 Aug 2019 14:02

Tlou Energy Announces Sustained Gas Flow Rates At Lasedi Pods 3 And 4

(Alliance News) - Tlou Energy Ltd on Thursday said sustained gas flow rates have been achieved at the Lasedi 3 and Lasedi 4 production pods in Botswana.The pods at Tlou's Lasedi coal an

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10 Jul 2019 11:28

Tlou Energy Encouraged By Lasedi 3 Flow Test; Nears Gas At Lasedi 4

(Alliance News) - Tlou Energy Ltd on Wednesday said the Lasedi 4 production pod in South Africa has achieved critical desorption pressure and testing of Lasedi 3 has produced positive is the at to

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19 Jun 2019 15:29

Tlou Energy Nears Gas At Lesedi 3 As Dewatering Process Continues

(Alliance News) - Tlou Energy Ltd said Wednesday its Lesedi 3 production pod, in South Africa, has successfully reached critical desorption pressure.CDP is the pressure gas begins to come a

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20 May 2019 14:36

Tlou Energy Named As Preferred Bidder For Botswana Power Plant Project

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it now has written confirmation from the government of Botswana that its has been selected as a preferred bidder for a coal bed methane in a

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1 May 2019 11:59

Tlou Energy Secures Botswana Environmental Approval For Lesedi Project

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday the Botswana government has approved the environmental impact statement for the downstream element of the Lesedi power project in the in at

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18 Apr 2019 18:09

FNB Nominees More Than Doubles Stake In Tlou Energy To 10.5% (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd said Thursday FNB Nominees Ltd more than doubled its stake in the company to 10.5%.Prior to Tuesday's transaction, FNB held a 4.7% stake. Now is

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16 Apr 2019 12:51

Tlou Energy Pleased After Raising Over GBP1.5 Million In Placing (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd has completed a placing totalling GBP1.6 million, it said Tuesday, including with a new investor in Botswana.Tlou placed the shares at approximately

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8 Apr 2019 11:55

Tlou Energy Raises GBP650,000 For Gas Flow Testing And Power Deals (ALLISS)

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it has completed a share placement to investors, totalling AUD1.2 million, about GBP650,000.The AIM-listed power project development

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1 Apr 2019 12:56

Tlou Energy Awarded New Prospecting Licence In Botswana

LONDON (Alliance News) - Tlou Energy Ltd said Monday it has been issued a new coal-bed methane prospecting licence by the government of Botswana.The licence, Boomslang, is located on-trend

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18 Mar 2019 13:50

Tlou Energy Progresses On-Field Operations At Lesedi CBM Project

LONDON (Alliance News) - Tlou Energy Ltd on Monday said it has completed two development pods at the Lesedi CBM project in Botswana, which it intends to de-water prior to commencing gas AIM-listed

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18 Mar 2019 11:17

Tlou Energy makes decent progress at Lesedi project

(Sharecast News) - Botswana and southern Africa-focussed power delivery company Tlou Energy updated the market on the status of field operations at the Lesedi coal-bed methane project in Botswana on Monday, confirming it had drilled all six wells which comprised the Lesedi 3 and Lesedi 4 development pods as part of its recent field drilling programme.

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13 Mar 2019 14:52

Tlou Energy Technical Proposal Passes, Focus On Financial Proposal

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday the confirmation of the technical stage of its request for proposal for the development of a coal bed methane plant in Botswana has a result

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26 Feb 2019 12:23

Tlou Energy Shares Rise As Interim Loss Narrows On Lower Expenses

LONDON (Alliance News) - Tlou Energy Ltd on Tuesday reported a narrowed interim loss on lower fees and expenses.Tlou Energy shares were trading up 10% at 5.80 pence each.For the six

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25 Feb 2019 15:20

Tlou Energy begins production testing at methane development pod

(Sharecast News) - Botswana-focussed coal bed methane developer Tlou Energy has started production testing at its Lesedi 3 development pod, it announced on Monday, adding that "excellent progress" was also being made on drilling operations at the second development pod, Lesedi 4.

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25 Feb 2019 14:36

Tlou Energy Starts Testing At Lesedi 3 And Makes Progress At Lesedi 4

LONDON (Alliance News) - Tlou Energy Ltd on Monday said that it started production testing at its Lesedi 3 development pod, as well as making "excellent progress" on operations at Lesedi

Read more

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