RE: New era . moagi is dead long live Lefoko20 Aug 2021 19:56
Reading my own post again, I should have made more of TG's progress since 2003!
He made a fortune for his followers , twice , before taking up his position in Tlou during 2009 , 6 years behind Sekaname.
It took something like 5 years to produce electricity at Selemo , and in 2021 we are still using that power saving thousands of barrels of diesel previously need to supply Lesedi! I'd say that proved the potential that TLOU has.
Then , just as we were on the cusp of going into production from that development stage we found unexpected hurdles! The RFP fiasco now sorted perhaps (I'm not sure if the lack of a PPA for 10MW is related), expected excess water on a virgin site being extreme and ongoing , and then lockdown , ongoing globally, with no firm dates for their cessation.
That we are still in the ring , is amazing , thank you Tony!
We await several sources of news , progress on dewatering , increase of gas flows , the Orapa tender result , preparation of CBM power for Syn using existing resources for Hyrdrogen , Syn's response to that , poles and wires progress , news of a new PPA , the funding response to that news .....
Tlou is the place to be imho! How many companies will be reporting closures and sackings once the furlough agreements expire? For a startup to have survived the trials and tribulations that TLOU have , with no income , imo , is nothing short of astounding!