RE: LOOK OUT6 Jul 2024 08:10
The price was higher years ago because everyone was pulling together to get new industry into business!
The mission was simply get the gas into containers and deliver them! Amd a period of 18 months looked likely to se that coe to fruition! TG had a Fiat 500 , Colm had a smart car to deliver the gas and Dell boys Reliant was being bought to boost deliveries? And them we had the fisaco over the RFP , and that 18 months became a totally different beast!
Mistrust , KE wasting everyone's time on an unrealistic plan, it all went to pot!
The mission became much more ambitious with TLOU plan to become a power house delivering electricity to homes and businesses via the Botswana National Grid. KE followed suit until they ran out of cards!
That left the joker in the pack - blooming Covid!
We are back to expecting to be earning some revenues within 18 month ate the outside. The mission is so much better with the whole of Southern Africa being connected to little ole TLOU - and people wonder why I think the price ought to match the 8p-10p of those early days??? The power house should be worth double those truck loads of cylinders - plain as day! 18 months might be reduced to Xmas 2024 when the next RNS appears. With money coming , frugal Tony will be able to make hay!!! Keeping costs to a minimum to stop too much dilution will be over! Tony and Colm will be able to make plans for a live business not an AIM start-up with an 80% chance of failure of failure!!! The source of Donkey's faeces - go with the odds! Without any justification from TLOU , he invented Civil War , Kharma coups, methane that won't burn , etc etc etc to build that 80% risk into 99% risk in his own tiny mind!!! Ignoring the fact TG had never failed in building CBM powered lectricity in Australia which reduceed the risk to maybe 25% before Covid! Suring Covid 80%+ risk was plain to see- and why I revere TG as a saint! I think he worked miracles to keep us afloat with just the Pension Fund, the Doc and a few stalwarts amongst the shareholders , who had already invested their life savings , behind him!!
If they have have knighthoods in Australia or Botswana then one is due to TG.
Arise Sir Anthony , Arise the share price , Arise the Donkey and leave your thoughts on the floor beneath you!
Ask the Doc what the risk is now! With his financial backing - I reckon somewhere north of zero % - without it - I cannot think about that option. Perhaps he should get a touch of the sword from King Charles as well?