Member Info for Lekka

Brad, although I didn't always understand your financial 'doings'! Your life comments were a welcome relief from concerns about TLOU and without them this board would be a wasteland.

Please continue ;>)

Guess RNS x 2 to follow:
? The Lesedi 3 & 4 pods continue to dewater and produce gas from the coal as the Company aims
to confirm commercial gas flow rates, with further updates to be provided in near term;
? Progress in the gas-to-power tender has led to Tlou successfully going through the technical and
financial evaluation stages, and is now at the final stage, being the negotiation of a Power
Purchase Agreement;
? Downstream environmental approval has been secured. The authorisation is valid for 30 years
and includes development of CBM power generation, including the drilling of up to 200
production pods and installation of transmission lines.

All from new announcements to Australian Market, hope helpful.

Further info:
During the quarter, the Company successfully passed the technical and financial evaluation
stages of the gas-to-power tender. The process is now at the negotiations stage, aimed at
agreeing a Power Purchase Agreement. These negotiations are confidential and are being led
by the government of Botswana. Further progress will be announced by the government in
due course.

Latest news:
In October 2018 the Company submitted a comprehensive response to the Request for
Proposal (RFP) for the Development of a Maximum of 100MW of Coal Bed Methane Fuelled
Power Plants in Botswana.
During the quarter, the Company successfully passed the technical and financial evaluation
stages of the gas-to-power tender. The process is now at the negotiations stage, aimed at
agreeing a Power Purchase Agreement. These negotiations are confidential and are being led
by the government of Botswana. Further progress will be announced by the government in
due course.

"Silence speaks volumes"

I'm with you Toze!

If only there was a financial Cornish Knocker?

Thanks Troajan for an overdue update from TG
The result when issued should clarify important numbers and allow a re-rating of TLOU SP

........I'm wrong.

Tlou was confirmed (along with another) as a preferred bidder, I took that to mean that both companies would enter negotiations with the Botswana Government to decide the price, time, amount of MW to be generated etc.
These negotiations could take time but how long and am I right in my assumptions?
TIA

Will stop now!

ENERGY SECTOR OVERVIEW
Botswana currently generates the bulk of its power from coal, and sits on large coal reserves of around 200 billion tons. Botswana also has coal bed methane reserves of 0.15 – 3.2 trillion cubic feet (tcf) at the Lesedi field. The country also has significant solar potential, with 3,200 hours of sunshine per year, and irradiance of 6640 Wh/m2/day. Only a portion (450 MW) of installed capacity is available to produce power, and additional demand is met through electricity imports, primarily from South Africa.

GENERATION CAPACITY

Installed Capacity: 730 MW
Diesel: 730 mw
Power Africa New MW to Date Reached Financial Close: N/A
Power Africa 2020 Pipeline: 100 mw
CONNECTIONS

Current Access Rate: 60%
Rural: 54% Urban: 65%
People without Power: 211,000
Target: 100% Access by 2030
Power Africa New Connections: N/A

Couldn't help myself and figures from 2015.

3.64 billion kWh of electric energy per year.

Per capita this is an average of 1,587 kWh

Midnight plus 10 mins, surely!

....the dearth of news/action smells of negotiations taking place.

Wait for clarification.

When the two weeks starts from together with the time differential (if Arizona is where the bank account is?) could mean earliest RNS would be Tuesday 7am.

Of course, I'd prefer earlier!

Bit of research;

Galvin Investment Company, LLC (GIC), a Colorado Limited Liability Company, was formed on June 1st, 2005 for the main purpose of managing, acquiring and refining concentrated metals to extract precious metals via a process using a new plasma arc technology. This new endeavor captures and separates highly valued precious metals from hazardous trash while cleaning it up at no cost to the tax payer and creating substantial wealth and income in the US. This innovation has proven successful in its "closed-loop technology" which creates energy while cleaning up Super Fund type projects on the global stage.

...infected.

I'll return when cleansed!

Oh dear, someone talking out of their backside again!

Note the agreement with IPC from 2017;

*Tlou and IPC to jointly develop an initial 10 MW CBM to power project (IPP Project)
* IPC funding partners have provided letters of interest for in-principle funding support for the
downstream requirements of the IPP Project
*Funding partners plan to facilitate the building of power generation and network access assets
* IPC to project manage the installation of the downstream components of the IPP project
*Tlou retains 100% of the Lesedi CBM Project, including current and future gas Reserves
*Tlou to fund and develop the gas field post offtake agreement
*Tlou retains the right to be a meaningful equity participant (up to 50%) in the power generation
assets

80 million or one embarrassed investor!

typo '180'

aandi, think the leach pads full production begins toward end of this year/beginning 2020. Total available for production from existing piles is 150-189 tonnes of copper in cement.

Believe Cobre is currently the main source of revenue.

Suggest NoEasy, that The Ministry of Minerals Resources, Green Technology and Energy Security would be the negotiating body.

As mentioned in the RNS.