Member Info for DowntoEarth

It should be noted that the one Synergenmet unit can produce up to 1350kg of hydrogen per day, hydrogen is currently costs around £10 per kilo, that's a potential of around £5 million per annum from each unit plus the value of the solid carbon by products.
Obviously as the world becomes more green and more hydrogen is produced the cost of hydrogen will come down but also the economy of scales will up.
https://www.synergenmet.com/hydrogen-production

Looking at your recommendations for 'stronggg sellll' or 'stronggg buyyy', with the exception of MATD you seem to have called them ALL wrong!!!! Thank you! I'm starting to feel really confident now!

Whizzer, are you prepared to eat a massive slice of humble pie if he's proved to be right? I certainly think the SP will be much nearer 10p than 2p once the RNS for the 10MW PPA award drops, which could happen at any time. There should also be another significant rise in the SP once financing is agreed, assuming the level of dilution is not horrendous. That is completely ignoring the Orapa tender

If that’s your view, then best to sell now and buy back then, surely? A nice easy 20% in one week! Not to be sniffed at.

He doesn't hold any shares! - or if he does, it's no more than handful just so he can say he's a shareholder. No investor would go to such lengths to find the most tenuous news articles and present them in a negative way with regards to Tlou Energy.

'Because you, me and all the other muppets reading here do not influence the stock price.' That statement is a load rubbish too. It might apply to more traded stocks, but not with Tlou and the tiny volume changing hands every day. If I, or someone like me, became convinced by the negative narrative you write on here and decided to bail no matter what, the SP would be in the low 1's. This clown only needs to convince one decent shareholder to sell to make a difference.

More tweets from the company:

https://twitter.com/TlouEnergy/status/1415955846320754689
https://twitter.com/botswana_energy/status/1415658510348652545

I subscribe to Harry's Garage on Youtube. Harry Metcalfe is the former owner of Evo magazine and following a visit to the JCB factory, yesterday he uploaded an interesting video about the possibilities around hydrogen for internal combustion engines.

https://www.youtube.com/watch?v=19Q7nAYjAJY

Whizzer, you may be correct that TG would prefer Botswana based funding. However, I think he's smart enough not let them think that they have us over a barrel. Letting everybody know that there other options available is the best way to get a good a deal.

So Whizzer, if your average 'is not that high' and you thought the company was performing shyte when the price was near 10p, you must have been in profit then? Therefore the only reason you find yourself stuck here now is because of your own greed, should have followed your insticts.
Regarding the poles and wires, if you listen to Tony's last interview with proactive given about 6 weeks ago, at around 7:20 in connection with progress, he says 'we have the land holders progressing, there are only about half a dozen land holders, including the Land Board'
Clearly as yet they don't have all the permissions from the land owners to start the poles and wires.

mrmoagi,
Bit of self deprecation is fine, but don't be so hard on yourself.

Whizzer,
I’ve just had a quick look at your posting history – 700+ posts, 99% on Tlou, every single post since February 2018 is negative and pretty much says the same thing as you’re writing today - even though the price back then was nearly 10p! If you felt that way about this company back then, don't blame Tony that you're 'trapped' here, blame yourself. Clearly investing on AIM isn't for you.

‘ In that case, there should be substantial quantities of water - what is being done with this? Surely they are not just wasting it ? There could and should be a good story around excess water usage.’

Hydrogen perhaps? Although at present I think it’s being evaporated.

“Does anybody know how the dewatering is going or if they intend to increase or decrease the process? Does anybody know if we have commercial gas flow yet or if they expect to or not?”

I don’t even know what these questions are supposed to be asking! What I do know is that the two wells that were drilled and flared were not enough to lower the water level sufficiently low enough to produce enough gas for 2MW of electrical power. The two wells were located at different stratas of the same coal seam, One well has since been suspended (presumably the one located at lower strata level) and now they are flaring just from one well (presumably the higher well). They need to drill a lot more wells in order to pump out a lot more water thereby lowering the water level below the coal seam. Only then will the company issue flow rates. What the flow rates are right now is something of a moot point other than geologically confirming that the wells are in the right location. Clearly the company have gathered enough information to know that this is achievable otherwise they would be looking to drill at another area within their massive acreage.
This will all start to fall into place once the 10 MW PPA is awarded. The finance can be agreed and enough wells can then be drilled to lower the water to the correct level – the rest is just infrastructure.

https://www.spglobal.com/en/research-insights/featured/blue-hydrogen

Well, since Tony made that $500,000 investment, he’s taken a significantly reduced salary. Clearly he sees long term value.

I suppose you could classify TG as an 'entrepreneur'. What entrepreneur would sink an additional half a million dollars of their own money into a company without having the confidence of at least getting their money back? Every self made financially successful individual I've ever met has shown to be careful when it comes to money. I reckon TG is the same.

You could take that view about the gas flow rates with the limited information available. Alternatively you could take the view that following the initial flow rates (or more accurately the potential of the flow rates) has been established, the directors purchased $750,000 worth or shares. In fact Mr Gilbey bought an additional 12 million shares just for himself - at around today's SP. Clearly the people running this company know whether there are any likely issues with regards gas composition and flow rates and putting their money down, speaks volumes.
Some people here can't see the wood for the trees.......

Whizzer, My gut feeling on why the Poles and Wires have not started is this - Originally the company had agreed finance with their preferred lender for the 2MW PPA and as the they already have the PPA in place, it was considered a formality by the company. The cash raise was effectively the company’s contribution. During the due diligence process the preferred lender changed their criteria to having a 10 MW PPA in place as a requirement. Obviously if the company still would like to use this preferred lender, they’ll have to wait until they are awarded the 10 MW PPA or alternatively negotiate with another lender for the 2MW PPA. Tony’s comment about two potential lenders not requiring award of the 10MW PPA kind of supports this notion.
That’s my view, anyway. I think that good intensions abounded when the cash raised was announced and there wasn’t any kind of agenda to deceive shareholders. If what I think is accurate, It’s very difficult for the company to comment on this in way that appeases shareholders without potentially upsetting those with whom they are negotiating with.

Whizzer,
This is where I think you don’t see the big picture. With the 10MW PPA and financing sorted, there will be a route to market, all the red tape will be dealt with and we will be generating around $10 million PA. Not a massive amount of money admittedly, but it demonstrates the potential on offer. At that stage and considering the enormous assets we have, I think this will be a $150m+ company. So even with your assumed 1 billion shares issued to get to that stage, the SP would be at many multiples of today’s price. Also the company will then be a fantastic opportunity for a major energy company to buy 'off the shelf' and ready to be scaled up. The real company value will then be realised when they come sniffing around. What did Tony said before to achieve shareholder value, It’s all about joining up the dots He’s got form in this area, he’s done it twice before.

Mrmoagi, can I give you a bit of advice? If you're going to start posting as OldBallie under the pretence that you're not the same person, you're going need to change the way in which you write. The 'pair' of you pausing your sentences with '....' is a bit of dead giveaway!