Last checked at 4 Nov 2022 11:11
Tlou Energy secures funding for development of Lesedi power project
(Alliance News) - Tlou Energy Ltd on Friday said it raised AUD2 million, around GBP1.1 million, through a share placement.
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1.90
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Don't have an account? Click here to register.Tlou Energy makes good progress in Botswana
Fri, 11th Mar 2016 16:45
(ShareCast News) - Tlou Energy updated the market on its operations over the last six months on Friday, making good progress with a number of its ongoing developments in Botswana.The AIM-traded company said it achieved a range of milestones towards delivering is 10MW gas-to-power pilot plant in to serve the constrained regional energy market during the period.It also completed an expanded drilling programme at the Lesedi project, and finished de-watering.Tlou Energy said gas flow testing had commenced there post-period end, and was focused on enabling the company to book independently certified reserves."It has been a very busy few months for the company with significant progress made at the Lesedi CBM Project specifically, developing the gas field, progressing our environmental approvals, and continuing negotiations with potential off-take partners," said Tlou managing director Gabaake Gabaake.Gabaake said the company was well-positioned to achieve its planned near-term goals, achieve sustained economic gas glows at the Lesedi project, obtain independently certified gas reserves and move the project from exploration and appraisal to the development phase."Listing on AIM was a significant achievement, opening up the company to the UK market which has a strong appetite for African focused projects like Tlou's. This has set the foundation for further growth and I look forward to reporting our positive progress to both our Australian and UK investors alike," he concluded.
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26 Oct 2022 16:28
Tlou Energy shuts in well at Lesedi project to save additional costs
(Alliance News) - Tlou Energy Ltd on Wednesday said it has shut in one of its wells at Lesedi to reduce production costs while work continues elsewhere on the project.
Read more11 Oct 2022 15:37
UK shareholder meetings calendar - next 7 days
| Wednesday 12 October | |
| Fletcher King PLC | AGM |
| Mobeus Income & Growth VCT PLC | GM fundraising update |
| Polymetal International PLC | GM share purchase |
| Thursday 13 October | |
| Artemis Alpha Trust PLC | AGM |
| Feedback PLC | AGM |
| Galileo Resources PLC | AGM |
| Greencoat Renewables PLC | EGM aircraft purchase |
| Mothercare PLC | AGM |
| Rank Group PLC | AGM |
| Scirocco Energy PLC | GM share price performance |
| Friday 14 October | |
| Ashmore Group PLC | AGM |
| Loungers PLC | AGM |
| Monday 17 October | |
| Arcontech Group PLC | AGM |
| Barratt Developments PLC | AGM |
| Eight Capital Partners PLC | GM re IWEP loan conversion to equity |
| Tuesday 18 October | |
| Accrol Group Holdings PLC | AGM |
| Diverse Income Trust | AGM |
| Dolphin Capital Investors Ltd | AGM |
| Pantheon International PLC | AGM |
| Tlou Energy Ltd | AGM |
| Copyright 2022 Alliance News Limited. All Rights Reserved. | |
20 Sep 2022 11:38
Tlou Energy shares fall as annual loss doubles; touts project progress
(Alliance News) - Tlou Energy Ltd on Tuesday said it aims to achieve first revenue in 2023 through energy generation in Botswana, as it posted a doubled annual loss.
Read more20 Sep 2022 10:57
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(Alliance News) - Tlou Energy Ltd shares dived on Friday as it is under investigation in Australia by the country's company & financial services regulator.
Read more25 Jul 2022 21:08
IN BRIEF: Tlou Energy continues work on Lesedi transmission line
Tlou Energy Ltd - Brisbane, Australia-based power company focused on sub-Saharan Africa - Currently plans for first revenue in the second half of 2023.
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