Member Info for JustScott

Any thoughts on these guys?

Tender offers are invited for the provision of Owner’s Engineer for the development of a maximum of 100MW of Coal Bed Methane (CMB) fueled pilot power plants in Botswana by Independent Power Producers (IPP).

Closing date 30th July 2018

Tender offers are invited for the procurement of Transactional Support for the development of a maximum of 100MW of Coal Bed Methane (CBM) fueled pilot power plants in Botswana by Independent Power Producers (IPP).

Closing date 30th July 2018

Nps Brad thanks... In total agreement with you that the mentioned LNG imports are for the short term, atleast until SADC start to utilise there own reserves. The last minute or so of the interview was very positive, saying gas could be prioritised and locked in to the regions national energy plans.
August will be an interesting month when the draft is finalised and I for one will be looking forward to it.

Yesterday on unlocking Southern African gas, with Botswanas CBM getting mentioned.

Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the recent meeting between Southern African energy Ministers about Southern Africa's energy potential and how to unlock that potential.

Only 6 minutes long and definitely worth listening too.

http://www.engineeringnews.co.za/article/southern-africas-natural-gas-potential-2018-06-28/rep_id:4136

Mo. If you invested here in Tlou with a 3-4 year mindset (like myself) I think you will do very well.

Lol, know how you feel BTS. Nearly up to my neck here too and most definitely will be after my placing shares + extra are paid for, if I get the extra.
I was always under the impression that when the Retender was announced it would be roughly a 6 month delay which I dont mind. Just over 4 months now, so I would like to think news will come thick and fast in Q3 and Q4, well, hoping anyway..
More core holes drilled this year guaranteed, hopefully a 3 well production program depending on placement. Everything else is just possibilities which will at some point come to fruitation- RFP, Offtake etc..
I am content at the minute but believe me I will let you all know when I cant take any more lol...

Gl to you... and a prosperous H2 2018 for us all..

All the more for those who support the company and actually want them to succeed in drilling 3 production wells.

What for? To save a few percent? Taking your entitlement gives the company the money they need to progress and hopefully succeed. Buying them a fraction cheaper on the open market does diddly squat for the Co and will most likely lead to less than 3 wells being drilled..Think about it?..I think those who dont take it because they want to add cheaper are very foolish.

Australia-listed Strata-X Energy has submitted an environmental management plan as it looks to drill and test up to 20 wells at its Serowe coalbed methane project in Botswana.

Strat-X confirmed Tuesday(today) it had filed the environmental management plan with Botswana’s Department of Environmental Affairs, covering highgraded portions of its 100%-owned project.

It noted that some previously drilled wells flowed or bubbled fee gas from the targeted coal reservoirs within the highgraded area, which it said could only occur from 100% saturated coalbeds.

According to Strata-X, higher saturated coalbeds require less water drawdown and, therefore, usually produce initial gas flows more quickly than undersaturated coalbeds.

The company said it expected to receive regulatory approval for its environmental programme during the third quarter of the year.

This will clear the way for the appraisal programme which will focus on proving commercial completion methods and converting resources at the project to reserves.

Strata-X is looking to develop the 1.4 trillion cubic feet of prospective resources estimated to lie within the Serowe CBM project area, which spans 273,000 acres.

If Strata-x get these approvals it would give me confidence that the BG are still well up for backing CBM production, tho I think Strata are kidding themselves on thinking the BG will approve within 3 months lol..

Dan, Fundraiser bought in on the 1st placing at 6.5p, but only got half what he wanted, around £10k worth. Not bad money selling a couple of months later for 100% on his investment.

‘To a good outcome’

https://southerntimesafrica.com/site/news/sadc-races-against-the-clock-on-energy-projects

Heres a good outcome of the meeting this week.

Had a chuckle at that statement. Tells me once they're 80% rigged up they will notice that an important part has fell of the rig on its 1100Km journey and that they will have to wait 4-6 weeks for the new part to be shipped from China through customs.
Aimo of course

How is that possible Minor? According to the letter I got through Equiniti on the 7th June I have to do nothing until further notice which I assumed would be Wed or as Tom says Fri. I have 2 holdings with different brokers but the other - Halifax did not send anything.

The theory posted the other day about converting Morupule B into a gas powered station may just carry some weight if South Africa is anything to by. https://www.timeslive.co.za/news/south-africa/2018-06-15-cape-town-hopes-gas-will-help-it-bypass-eskom/ Not as far fetched as I thought now, and maybe more of a ‘watch this space’ moment. You never know lol :)

MrP has been quoting this will rise to 15p for the last 4 months. Hmmm

JTD, I have a theory as to why the article Tidd gave us a link to is good for Tlou. The Botswana Government now want to keep it, but instead of spending a fortune on making it generate 100% capacity using coal, which failed many times, they spend a fortune upgrading it to a Coal-Gas to power powerstation? With the mounting pressure on Africa to go green the environmentalists will lap it up, all the recent talk and hype by their energy ministers utilising their enormous untapped gas reserves asap and the fact that Tlou is only 100km away from Morupule B with proven reserves, about to embark on a surprise 3 well production campaign, prove up more reserves and fully funded to accomplish this in the near future it could be beneficial to Tlou? Now I don’t know much about Morupule but what I did find is this snippet from an article on the World Banks website on the Morupule B project. -The second component of the project is alternative energy development. This component will support diversification of Botswana's economy through a low-carbon growth strategy. Given Botswana's energy endowment, its cleaner fuel options are to develop coal-bed methane and to explore solar thermal, while examining prospects for carbon capture and storage as a means to mitigate climate change impacts- http://projects.worldbank.org/P112516/botswana-morupule-b-generation-transmission-project?lang=en Remember its Just a theory.

Good luck Tidd, you've joined at the right time. I've been here for well over a year now and looking forward to some good results next year. Atb

By the Southern Times today on why Southern African countries need to speed up the utilisation of their gas reserves. https://southerntimesafrica.com/site/news/sadc-must-move-with-speed-to-explore-natural-gas

Bye bye bye, lol good point CaptainStanley. I myself thought the cheeky, couldn't resist 50000 share top-ups that he claimed were showing in red were actual sells and not top-ups at all. Didnt take long to figure that one out as the sp slowly dropped 5-15% shortly after.

My lies MrP? I haven't lied. I'm not going to just going to pick some random poster then try to make them out to be liars! All what Ive written is the truth and you know it! You now have to pull the schoolboy tactic and reverse it making me out to be a liar? Haha Pathetic! You been caught with your hand in the cookie jar and cant admit it! Like I said before, delete your account before many more lies start catch up with U! Proof is out there!

You're welcome Bishand..

No no no Mrp. You stated you were out of Panr at 80p when in-fact that is impossible as you bought at least twice more in June adding 50000 shares to your holding and claiming �1 on its way yet 80p was never reached.. So in-fact you lied again on the panr board to boost your ego, yeah? Btw your exact words were- just added 50000 more! That means you already held shares before your top ups. So how can that be. To many lies MrP. Take a break for a fews days and reflect upon yourself. It'll do you the world of good!