Member Info for BradSmith

"http://www.kylesconverter.com/energy,-work,-and-heat/cubic-feet-of-natural-gas-to-megawatt-hours"
'http://www.kylesconverter.com/energy,-work,-and-heat/cubic-feet-of-natural-gas-to-megawatt-hours'
never seen a comma in a url before! select the whole string and it works if neither of the above comes out differently.

http://www.kylesconverter.com/energy,-work,-and-heat/cubic-feet-of-natural-gas-to-megawatt-hours

You have to remember there is gas , and then there is Tlou gas! Natural gas v Methane (CBM).
TLOU , probably the best gas in the world. Classical gas.

tbh I am confused - 20,000 cu ft of natural gas gives 5.86 Mwh according to that? We already have twice that and are targetting 2Mgwh? Doesn't add up.

But the gas is there 3.2 trillion cu ft of it is certified. Water is flowing in abundance. If water flows surely gas will too?
In my fantasy world, I wonder why the water is flowing? And I imagine it being pushed out by CBM - so what happens to the gas when the water is gone? I don't think hell is going to freeze over and the gas will become rock.

I just think of TG smiling, he couldn't contain himself, and further back the serious face .... and the potential news both good and bad being presented .... and now! It maybe the Sertraline tablets I'm on that makes me see no worries .... but until I see the smile disappear and TG says Great Expectations in now named Bleak House, I await the inevitable flow rates to peak.

No trades in Oz , price back to 10.5c in my portfolio.
Some would have you believe that nobody but me believes in TG .... it is tripe - there are many worried that the gas is not going to flow and he has made a genuine error but they know he makes sense.
Smoke and fire , water flow and cbm pressure - imho commonsense says yeah!

Chukkers read his post again.
At 60 (I'd say we'd have to wait even longer if #3 and #4 had not peaked, but) DTE is saying, more likely , we'd need a third well!
Well, well, well (pc plod?)

BTS, have you tried closing the window :O)

Same story as last night in Oz 9.1c to 9.9c and a £660 profit immediately becomes a £980 loss.
Quite dramatic but I'm used to it. Today it returned to 10.5c after no trades at close of play, and the profit reappeared.

Cannot be realised though, 10.5c on the sell won't be taken whilst AIM is still below ASX. Quite a few trades today though so AIM may improve one of these days, weeks or months.

BTS. it is not in my nature I assure you. But I am a mathematician which normally makes for scepticism?
Logic normally trips up liars. If TG says he expects something to happen, he is telling the truth - hwhat he is not saying is that it will happen! He leaves us to decide if he expects for good reason or not. As you say he is expectant quite often - so often, for me, to trip up if what he said was not from the heart.

You won't find me supporting other directors on these boards - but neither do I criticise them without good reason.
When it comes to TG, I become Pontius Pilate and can find no fault in him.
His timings are not spot on but since when did underground schedules become easy to predict?
Get rich merchants hold a grudge over timetables - they should have invested in HS2 !

Interesting figures Chukkers, do you know how much gas was present to produce those averages?
3.2 trillion feet is mind blowing big as a number.

And Mamba and the rest are expected to have 5 trillion+ cu ft - it sounds more difficult to miss it all than find it imho :O)
End of 2020 seems no time away - I wonder how long the pylons will take?

DTE, I know that is true (same block and royalties payable on both). If you are saying PL002/2004 is the smallest unit that can be transferred, I don't know. It is not ownership of the land itself, just ownership of mineral rights for a limited period. Whether they can be subdivided and sold , I bow to your knowledge if you are sure.

But if you are right, I don't think it will happen for Lesedi #3 and #4.
I am totally convinced they are in with a real chance of success.
Much has been made of 100 drills - surely so numerous to guarantee the best chance of success from subsequent horizontal wells and collection points. Until I see that CBM rarely produces gas after dewatering is complete I will believe that 3.2 trillion cu feet of CBM will take the course of least resistance and escape into our clutches. Nobody in this world seems able to predict how long it takes but TG is being blamed for being one of them!
I am blue in the face repeating that the drill is going to Mamba in 4 or 5 weeks because it is not needed for the next phase at Lesedi. Once the critical, vital or expected gas flows appear and the first generator is up and running they will have a decision whether to use it at Mamba or back at Lesedi! It would be good if Mamba betters Lesedi so we can circumvent royalties but nobody in this world knows that either! Except Don Quixote of course! Don Creosote more like, he darkens every door!

No scott, TOU :O)

DTE , could be Selemo which is in production of course. Makes it a no risk project for the buyer.
But who'd buy? Sekaname/KE or a new face?
It is abundantly clear they are anxious to avoid dilution of the current shares if possible.
Inviting competition is not great either.
I have been quoting from the Annual report in the RNS for a while now so it was not released at 7am today.

If Lesedi #3 and #4 finally dewater enough then the contingency plan will also be watered down?
They have not mentioned debt because it might be expensive until we have the security that Lesedi will hopefully provide.
But if the expected flows appear soon, TG quote below will resolve the potential issues.

"If everything goes according to plan, shareholders can look forward to further gas flow rate updates from Lesedi 3 & 4, drilling at the Mamba project area, finalisation of the PPA, agreement of a development financing package potentially from Botswana based investors or debt financiers, seismic acquisition, an anticipated gas Reserve upgrade and commencement of the downstream power generation development."

DTE, I'm glad you quoted what you did, if you get my meaning. Best not to go too far eh :O)

Nothing doing - no trades , spread 9.1c to 9.9c , price still showing as 9.1c

Nothing doing - no trades spread 9.1c to 10c , price still showing as 10.5c

Makes sense, why buy @ 5.7p equivalent when they could be 29% cheaper on AIM in 6.5 hours?
Annual report is out , directors are not paying themselves millions, unless fractions of millions counts!
And the twaddle about Seka getting 97% and us only 3% is just that. Both chairman andd CEO refer to the 20Mw or 20% we are allocated. Still fits well, the pieces are all squares in our jigsaw.
Going to get some shut eye, and rely on my body clock waking me at about 6:15

So far so good, Ross and co all lived happily ever after. Just need TOU prices to follow suit now :O)
Mrs would have been happy would have enjoyed the conclusion , let's hope it will be my turn later.

Chukkers, do you think they'd move the drill to Mamba if there was a chance of Lesedi needing more work?
It would be throwing everything away and starting again. Imho, not a chance in a million.

So many negative opinions across the boards usually.
Now the is a clear and present danger of an sp break through .... silence!
If this u-turns I hope we are not going to be inundated with gloomy I told you so messages!
You clearly did not tell us anything today - waiting for hindsight is hardly something to be proud of?

Let's hope the danger is still clear and present tomorrow at 8am and beyond.
I see to lose Freeview at this time of night on most channels.
Luckily I have a Humax recorder on my Sky dish and that defaults to Freesat which is ok.
Poldark and cricket highlights last night, were saved by Freesat. My son had Sky before he bought his flat. They have never had a penny off me. I guess Ross is going to die tonight, hope Tlou don't follow him in sympathy.
My wife loved Poldark so I have seen most of them. I'm bored!

Whizz we have another ASX session before London opens - so will the target be higher or lower and will there be a Brucey bonus from it all? GLA.

Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Tlou Energy Ltd 4.55 GBX -6.19 -
Tlou Energy Ltd 0.11 AUD 29.63 -

Share price data
Open High Low Change % Change
0.081 0.105 0.091 0.024 29.63

Phew, £28 gone too .... now £600 up on IG.
Glad you kept faith Chris, just hope it is not a flash in the pan - but share prices are not logical anymore.

My £2k deficit on my IG account has been wiped out overnight.
8.1c up to 10.5c (5.72p) means I am down £28 with more than that due in CBA dividends.
Westpac are still weeks away from ex-div and are responsible for my loss.
Commonsense is prevailing imho - the spread is showing as 9.9c to 10c on a dummy trade.
Only 5k shares showing across that tiny spread, with market about to close.
Will the Aussies try to get in early on the FTSE tomorrow?

Getting old is a pain G, we could now be related, I had 4 transfusions in February :O)
Don't bother about the Commodore, we enjoyed Jenkins and going back when they have Flacks Double as a guest ale sounds good. They let me sample the ale I had today because I did not know it. Still cannot think what is was!
On the shares front at least TLOU should be immune from the Brexit negotiations/outcome.