Member Info for DowntoEarth

From what I can deduce 56000 cubic feet of gas (our current daily production) is equivalent to about 17 Mwh. I suppose a lot depends on the efficiency of the generators to determine the amount of power that will produce.

Good to see the company clarify a 3.2p floor price of the conversion, we can now move away from the 1’s

I wish I bought more today rather than a couple of weeks ago. It really doesn't make sense that 4 years ago the market cap was 5x what it is today when we were tendering for a share of the PPA.

I bought 400,000 more shares a couple of weeks ago thinking 2.3p was the bottom, but I agree 2p is ridiculously cheap. We are currently valued at £12 million for the assets, the ppa, the red tape that’s been cleared, never mind the financial partner and the cash in the bank. I think it’s difficult not to make any money buying in at this level.

Personally, I think that once we are connected to the grid and selling power to BPC, this company will be worth at least $150 million. If we assume 1 billion shares are in issue at that time, we’ll probably be worth around 12 p per share. Simple logic, but I think it’s sensible. The big pay day should come when TG decides it’s time to find new owners.

That’s because you’re a tool moagi.
It wasn’t difficult to judge, I got out at around 5p as soon as the company started alluding to drilling more wells and then covid happened.I bought into ARS at just over 1p when they got into bed with Aeturnum Energy and sold at nearly 3p and also made good gains on NSF and NCYT. All the while knowing nothing significant was going to happen with TLOU until 2021. The price was going down and I bought back in again at around 2.7p average. The fact that I put my stake back in here shows I have confidence going forward.

Honest reply. It’s presented me with the opportunity to quadruple my shareholding at no additional cost. So ‘yes’ I am very happy with the way the SP has performed over the last two and a half years. Hopefully we’ve now hit the bottom and roll on the upward trajectory for the next two years.
There’s your honest answer. You had the same opportunity if you didn’t do anything with it, maybe stick your money in FTSE100?

And after writing that assessment of the company, you are still invested!! (I assume)......... Bizarre!

Yep, it looks like we’re going to endure your whinging for a while yet. On the plus side it looks to me like the company read this forum and have spelled out a 12 month schedule for those that need their hand held.

These crypto farms are often out in the middle of of nowhere, so there's nothing weird about the prospect of setting one up at lesedi.
Reading this article, it's easy to see why Tlou are having discussions to supply electricity for a crypto farm.

https://datacenterfrontier.com/the-greening-of-cryptocurrency-early-players-in-sustainable-blockchain/

'Lack of a clear plan' Did you read the RNS? They have a 10MW PPA and they have a finance partner to achieve that goal, clearly it will take some time time to connect and supply the grid so in the short term they are evaluating other revenue streams outside of the PPA.
Having said that, my gut feeling is we will be sold once we achieve the 2MW into the grid.

Well this news story would suggest South Africa wants little to do with him. Reads to me like a former president that has legged it, is running out out of friends and has become an embarrassment.

https://www.dailymaverick.co.za/article/2021-11-28-former-botswana-president-ian-khama-denies-fleeing-the-country/

Perhaps it’s time for you to cut your losses and move on?

'Merry Xmas and see you in late Jan.'

Does that mean we're not going to hear from you for another 6 weeks?..... Excellent!

Morning TB, would be nice to get some more ii involvement. Right now though, the SP is an absolute bargain and a few Director buys would also do a lot for positive sentiment.

I wouldn't be surprised to see the SP walked down for a few big buy orders go through only for it then to be walked back up again.

Totally bizarre SP reaction to what has to be really good news and certainly not what I expected. We have a perfect partner with low interest rate, the fact that the pension fund are already heavily invested would suggest to me that they are unlikely to convert any of the loan at a low price, they'll be undermining their own investment if they do. I think this is one of those situations where the SP immediately declines after good expected news and then steadily grows as more long term investors get on board.

Thornback - 'Perfect Timing'
Are you referring to the subject of funding or the perfectly timed RNS to put egg on Mrmoagi's face. Couldn't have been timed any better.

Personally I think it’s because that 3p is the price of the equity that’s been agreed as part of an overall finance package. I think we’ll bounce around 3p until the package gets announced.

Clearly the reason why TG wants to participate in Synergen Met’s forthcoming IPO is that he believes there is some unique intellectual property worth being part of. If they list with a value $120 million, our $3 million will buy 2.5% of the company. If we help Synergen Met demonstrate the value of their technology at a time when world scrambling to go green, our $3 million could be worth way more in a very short space of time.

TG is clearly very business savvy and this could be another very shrewd move by him.