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Like to add not a surprising development. For all those who considered Sekaname as no competition think again boys. Govt seem tobe bending over backwards to make sure they are in this process. Any rational person/govt would hv told them to do one by now
BTS you keep talking about how under it you are with this share, but yet added during the raise. Uv bn rumbled by the Mrs and things not looking good for u right now, however I have seen u on this board for a while now and assume your in @ sub 10p. If so I’m pretty confident this will back to double digits by Xmas (fingers crossed) so just sell out and relax. Or are U still holding for a big multi bagger?? If so u definitely need to sit back and relax cz that may take a while.....I’m confident this will be a £200million firm at some point but whether I (or u) are in it when it reaches that level only time will tell. GL
Having been burnt by the Bots govt once before I’d think 8 weeks is being a tad optimistic. I’d be happy with a result before Xmas. If the Bots really are serious about the CBM industry however, a turn around of 8 weeks could well happen. Need more on what’s going on with potential offtakers...and why one cannot be secured. However RNS recently talked about joining the SAPP, and well that really could change the game for Tlou. Ability to access a massive market with massive reserves will see Tlou comfortably being worth £200 million +. Exciting times ahead....GL all
Chin up BTS, most of us here been shafted here. Count urself lucky that ur probably in for sub 10p....think of the poor investors who got in at 14p odd. Getting 10 Mw will only nudge the SP IMO, and most will just sell after news anywAy. No sign of a PPA....bn 6 months they have talked about it but nothing. Any chance someone from the board can clarify whats goin on there?? Preferably Solomon as at least he was refreshingly open on today’s podcast. 10p by Xmas is my prediction here....at least il be in prOfit if it reaches that and the way this year has gone I’d take that. Longer term this is a hold until at least 2022...lots goin on but all happening rather slowly. Too slowly for most. This time last year we had many posters predicting valuations, talking takeovers etc etc. Anyone care to predict a longer term value now?? Tidd, Buzz?? Come on guys what do u think 10 MW will do to the short term SP?? Where do u guys see us by Xmas?? BTS - anymore raises and then we rly are diluted to high hell. Don’t think that will happen personally....but what do I knw....every time I think we have turned a corner and then bang smacked right in the face. Just hold till 2022 if u can...we will all be ok by then
Caposoka Yes I have seen the presentation and agree with the 10MW approach. However with 100MW on offer and considering all the time tlou have spent in Botswana, only tendering for 10MW would be massively disappointing. My assumption was that they want to start small and move from there, and so even if they tendered for the whole 100Mw they would stage it over time starting with 10MW. Also if Tlou are way ahead of the competition (as the board and many posters here have stated) how could they offer anything more than 10MW either?? Clarification from the board is required on this point
This is why the board need to clarify what they are tendering for. Olda is right, 10 MW is too small scale to tender for, and althgh it gets us into the grid, wouldn’t sit right. As Tidd said we have to wait and see, but these are the details the board need to clarify post Thursdays meeting with the govt. 10MW with options on the a chunk of the rest - happy with that scenario.....but only tendering for 10MW would be hugely disappointing. If so this slow burn will get slower.....GL all
Agree that talk of 100Mw is premature. None of us knw what Sekaname rly hv to offer....if they are way behind Tlou and then a large award (75mw+) to Tlou would b welcome, albeit delivered in a staged approach. However I would be looking to an award of 50Mw as a success for reasons stated by Tidd and Brad.
Purely stating a fact old chum and that leads to another stupid post from u. u rly do like acting like a clown buzZ. My post was not nervous and jittery at all but I can bet ur bottom dollar many investors are bcz of (1) the slump in share price this year and (2) the nonsense posters like u buzz have come along with, setting unrealistic expectations and ramping the share to high hell. I am content will my holding and that long term it should bear fruit. Olda elections are a year away and this govt will have to get things moving in projects such as this to show the electorate what they can deliver going forward. IMO this should run “smoothly” from here and delays due to elections not realistic.
Lots of selling this morning. Was hoping to test 8p this week....not a good start but we should pick up ground towards end of week. Definitely need an RNS to update on the tender meeting with the govt which will take place on Thursday
Ok thanks for the sensible reply Tidd. Would be good to hear the company actually say they want a 100 and will doit in stages. I honestly don’t feel the board have been clear in that message; I don’t think I have ever heard the board clearly say we want a 100mw. Would be good to hear that in an RNS at some point (preferably after next weeks meeting.)
Ok if tlou only want a firm 10MW they need to communicate this appropriately to investors. I can see a scenario whereby Tlou get 10MW and market doesn’t react at all well to it considering 100mw is up for grabs. Only going for a firm 10MW is disappointing tbh. But gets us into the grid