RE: Business disruption2 Apr 2020 11:30
A patient in the hospital (just over a year ago) told me that Botswana's wealth from diamonds is so great that nobody in Botswana needs to work (except diamond miners? I neve asked).
He worked all over Africa and rated the Botswana Government extremely highly.
Needless to say, I told him about my interest in TLOU and he knocked me back by doubting the need for CBM power!
He said that Africa was heavily into hydro-electricity which was borne out by a link on here the other day!
I cannot recall the context but hydro was singled out to be excluded from the argument. But it gave the impression hydro was applicable way north of Serowe.
The patient was very old so I hoped hewas going back a few decades and was out of touch in his retirement in the UK.
If only the people who arrived from a trip round the world, (Thailand, UK and Botswana), have tested positive, I am confused why Pres. Massisi has come out of quarantine. It suggests there have been no new cases?
Surely he hasn't had it and is now regarded as 'safe' ?
Whizzer, I am starting to think you are Donk in disguise.
From that link yesterday, Botswana issued a PPA way back (before 2012) for CBM at Orapa (180Mw).
It has only ever used diesel since then.
Why would Eric's ministry doubt the claims there is abundant CBM in Botswana?
Why did Eric demand proof before he'd commit to an immediate ramping of CBM as the major source of power?
Orapa CBM is the obvious answer!
Having issued a PPA 8 years ago with sfa returns from it , does it seem likely they'll issue another one without proof?
Proof is nowhere near 8 years away - virus permitting, it could be this year - and was expected before now.
The temporary/intermediate PPA ,that has been side-lined due to the virus, that Mr Moagi ordered BPC to start on was a wonderful vote of confidence in CBM.
Flares show gas is flowing, the high volume water suggest there is a lot more gas to come , it all makes sense?
IG quote has been 1.511p for several days and ASX 3.9c ( 1.921p) looks very settled too.