RE: ISA5 Nov 2024 10:44
Your thoughts are pathetic Donkey - good to see you agreeing with us all at last!
Pump and Dump is rubbish! The case for TLOU as a lone bidder was very good , TG had made 1Bn and 3.5bn from his first two CBM projects, and the risks looked negligible! Loads of gas, loads of demand , a proven Leader and no opposition!
But the Govt put the mockers on all of that by entertaining Sekanames' demands in their desire to have competition. BIG BIG MISTAKE , they presumably thought TG would have them over a barrel and could dictate the prices profits etc etc.
Tony had already said there was plenty of scope between the 10-12AUD prices in Oz , and the 30 dollars Botswana were paying Eskom for S.A. imports for both parties to prosper!!!
I have little doubt we'd have delivered gas or electricity with 5 years if they'd trusted him!
Instead we lost 2 years and all momentum because the tender documents for us and Seka were flawed and the whole process went back to square 1 with mistrust between all 3 parties.
Eventually we were back on course , and Covid struck! In that irritating period , TLOU upgraded the mission to providing turn key electricity in Serowe , the scale rose miles from filling calor gas containers and shipping them on lorries and trolls started appearing on here and ADVFN because , no doubt , they got in at the peak price before BPC pandered to Seka's demand for a huge PPA that TG did not want , preferring to start at 2MW before expanding production for 4 decades or more. The main troll expected Seka to overtake TLOU due to the economy of scale for 97MW , and TG's pedestrian ideas for a couple of MW.
He still thinks he was right I suppose , the Civil war will resurrect Sekaname's ambitions now they have sold their drilling gear? Miracles happen in his tiny mind.