RE: Strong buyyyyy1 Aug 2018 11:17
First post but I have followed TLOU for some months now.
For me the key is getting the CBM out of the ground - it's not worth anything without a market for it. IMHO this is why the upgrades post the last tender delay did little to affect share price.
For me the retender has underscored that the new Govt is serious about taking this forward and is a stable, forward facing administration that intends to deliver on the infrastructure support necessary to drive socio-economic improvement for its' citizens. The meeting in over a week will be constructive for all parties and is a very positive step for the Govt to take and in my view demonstrates a renewed integrity around the process.
Personally I tend to discount some of the hype/ self-assessment that they (TLOU) are the most advanced in Southern Africa etc. It may be (probably is) true but I strongly believe that the Bots Govt will not necessarily be looking for the most currently advanced. Rather, they will be looking for an authentic, credible company which is well run, transparent and accountable, which will contribute positively to Botswana and its' people. It is for these reasons that I believe in TLOU and find its proposition compelling.
I know much less about Sekaname but feel that a private company has a number of disadvantages over a public company and as such feel giving 100% to them could prove risky. I think a 50/50 or greater split in TLOU's favour is the objectively correct outcome for Botswana and it is why I am invested in, and fully support, TLOU. Whilst we would like to make money I would also like this to be in a stable and manifestly sustainable way for the people of Botswana in a way that as many, not few, people as possible can benefit, both share holders and citizens of Botswana, through employment or simply the opportunities a stable and cost effective power supply will bring.