I have ended the volatility by sticking in a limit bid.
Price was jumping either side of 8p until then!
Oh good got my 8p price in memory of Fram as I write.
Used my new IG account so it stands out. I'll regret not putting them into my ISA one day , I HOPE!
BTS I posted this on the other board just now.
It is the podcast that moved me from a punter to an investor.
The message could be broadcast again today, little has changed, and is why I have so much trust in Tony.
It might bolster your belief in TLOU , and perhaps your wife would understand your stance if she copped and earful too :O)
TLOU is from 90 seconds in to 13.5 minutes.
After "your excellent Saturday 08:49" I used my fingertip Sat Nav - gee, what a lot of posts yesterday!
Should have known what I was going to find .... Tuckupp's version is the longest I have seen, but maybe the best :O)
Blimey, does a few weeks delay in selling some bonds offset everything that has been achieved and is ongoing?
No wonder the divorce rate is high nowadays. One unhappy event is all it takes to offset a lifetime of happy events.
We don't really know what is happening, it is uncomfortable but judge CF/TS once we do - not before!
Without Amec's treachery, and the consequent delays, the finances might well have been done and dusted by now.
They retrieved the company from those dark days so why lose hope now? Imho, everything looks so good the Govt would not be taking much of a risk if they provided some guarantees. They found money for DUP support and look where that got them.
I wonder what Nigel Farage thinks of this - I am expecting him to have a lot to say after the next election. Another poxy wait?
Dadean, Scotty and I go back many years before I lost my cherry :O)
We have never exchanged our email addresses because we'd be giving it out to unknown readers of these pages.
Scotty had no joy with that address.
"Your message wasn't delivered to siriouslyscotty?gmail?com because the address couldn't be found or is unable to receive email. " @ and .
Have been pondering - if CF had sold 400m of the 500m bonds as he stated in the link - are we struggling to find buyers for the last 100M or could some or all of the 400M buyers reneged on their offer to buy?
I can understand the upbeat response from Customer Relations if it is the former.
Why waste time and effort if the market is deadly quiet, if it is sensible to expect the final 100M to be bought soon after the holidays without much effort?
Somebody on another board talked about CF making a cringing statement yesterday? I cannot find one and the poster is a right charlie, so I won't ask him where he saw it and suffer his dough baked answer cos he is filtered!
Look forward to seeing you back BTS, maybe that bottle of beer will appear in RHB, or more likely, hopefully, the sp will have doubled after flow rates exceed expectations. After Sirius taking so long to get where it is (out of cash in a few weeks), TLOU seems relatively quick. You haven't been helped by the get rich quick brigade who are so impatient and want everything yesterday.
Looking on the bright side, we believe the cbm is present and is measured in the trillions. It has been trapped there forever and we are trying to help it to escape ..... it seems like a question of time before it happens in sufficient quantities?
The fissures in the coal, suggested by the dewatering process , sounded very promising. Water is very dense compared to gas, so why wouldn't gas get through? We have to trust in Tony - I do completely which makes it easier for me.
Too many Thomases exist - doubters undermine investors who are frightened of no news, bad news and even good news.
Good luch BTS, hope to see you back 'soon'.
Whizzer - we do not have a business until we have a reliable gas supply.
It is an agonising wait for that news but no news is better than bad news - look at Sirius !
We are all hopeful of good news 'soon' - whatever that means!
Very good news could be a game changer - planning on 2Mw then another 2Mw is more achievable than going for 100Mw from scratch with unknown flows!
But, if the flows support it , what is to stop 2Mw being followed by a 50Mw generator?
Compared to Sirius this project is an express train compared with a barge! Sirius know they can complete in time, given the cash, we don't YET, but be happy thst our shares won't bnumber 9 or 10 billion, and our lead time will be much shorter.
Do people really think Tony will sell if there is a bidder?
At 58 yrs I expect him to make this his final project, and his future is open ended.
I can see pros and cons for both options, but TLOU could feel like the achievement of a lifetime?
It is OK Btw, I understand where you are coming from if others don't.
I have been criticised on two boards for boring people who need not read my posts!
My bike posts were primarily to Scot, but putting his name on them all felt uncomfortable. And the RHB and Jim joined in , so it would have been rude.
The IG stuff was to a poster whom I had a rapport with. We both left II brokers and I was giving him info on X-O which I believe he joined. Then LSE removed him for some reason - I must have missed whatever the reason was! I assumed he was still reading so my IG was to him!
Hope that clarifies a few things.
BTS, you don't need to ask, you know the answer I think.
Tony does not want to sign any contracts that fix the price at today's rate whilst demand and prices will increase in the future.
It is why we are staging production bit by bit - each more lucrative than the last (if he is right).
South Africa provides Botswana with electricity at a premium price to what S.A. pays - AND S.A. HAS A SHORTAGE ITSELF!
The demand is not under question, we can sell it all to Botswana iho.
But why sell to B if the other countries are willing to pay more?
I honestly believe everything Tony says , but if TLOU pays off it will be my first LTH to do it!
I believed Fox at HMV and that cost me loads! But Tony is the only one who warns of sensible hurdles, until recently!
I think he feels we are just confirmation of commercial gas flows away from success. I stress imho!!!!!!
His plans make perfect sense , and he openly admits there is room for for both Sekaname and us AND OTHERS in the market.
Finding buyers looks easier than fighting them off! I hope we deal with Botswana because getting paid by African countries is my main worry. Apart from the 4p price!
Yesterday, Avanti (Hylas #3 satellite launch) and Ariane kept up their 100% success rate of getting 4 out 4 into orbit.
I am so proud of them! And the sp has reached a penny from 7 squids!
SXX and Avanti are as opposite as it gets!
One does everything brilliantly , but cannot get sales.
T'other has masses of buyers and no potash.
If we were storing radioactive waste in Doves Nest - I think I'd visit it! I wonder how SL is?
Skier have you ever predicted a rise in your life?
One glimpse of your history screams pessimist at me. Everything is junk , even Grant Thornton solicitors?
Don't think I know who is our solicitor - he might be a busy chap suing for libel and slander if the proportion of negatives posts on here is representative of Yorkshire. I have renamed all my shares Xmas! It never comes? Cannot believe that 4 out of 4 shares are all taking so long to ripen. Even my blue chip is suffering because of US interest rates falling. At least I have an ex-div date of mid August, and they are paying a divi of $2.31
By now I was hoping to trade SXX and TLOU to buy CBA for the divi!
Out of the window, both are so low I cannot risk a rapid reversal of form. Spreading risk doesn't work for me.
I believe in the missions on all my shares, but I must be crazy to do that?
Whizzer, we aren't selling gas!
We are using the gas to power electricity generators and we will sell the electricity.
Once connected to Serowe we have 4 or 5 countries waiting to buy it.
Tony said he doesn't need an order from Botswana to survive. That is why he cracked on with the podding while Botswana procrastinated over tenders from companies with a track history in their country of supplying cbm driven electricity.
I always thought they cut and pasted a previous tender document which insisted on that history because it was relevant.
As nobody has generated electricity from cbm in Botswana, it was a pure waste of time for all concerned. But TLOU did not lose out that much except for the production of new tender documents and the bumf surrounding what was needed! Clarifications by the tonne I reckon?