Botala quarterly and strategy update - on their website30 Apr 2025 12:11
Go read these 2 documents. Their leases are sandwiched between Sekaname leases, which they reference several times throughout both documents. it looks like Botala purchased Sekaname plant and equipment, given that it could only have been theirs or Tlou's. And I doubt Tlou have sold any of their kit.
They are building their business model on supplying gas to S Africa under 2 large Offtakers plus probably looking to sell some sort of power to BPC (not sure if it is gas of solar feedstock) - SCAW and Novo Energy. So they recognise the folly of dependency on Bots Govt and insolvent BPC - good for them. They may end up being the ones to finally establish a gas market in Botswana - Sekaname and Tlou, you had the pitch all to yourselves and you couldnt deliver. hang your heads in shame .....
Mind you - I aint saying Botala will crack CBM in Botswana - not yet anyways.