RE: Tony Gilby will save the day20 Jun 2022 22:08
Before expanding rapidly - I have heard that before so where ….
Go to Kalahari website. They claim 10 something TCF and that doesn’t seem to be doing them a whole pile of good now, does it.
But of course, I forgot. Tlou are the only ones that have gas in Botswana so everyone else can be ignored. Because Tony did it previously with Arrow and Sunshine.
But wait, the Lesedi leases were first worked by Kalahari back in the day (when maybe you had hair and teeth) and then flicked on a couple of times until a smooth aussie operator decided to bundle up leases in a loosely regulated /controlled jurisdiction in the hope of spinning a story and extracted shareholders dollars long before they realised getting the gas out of the cleats might prove more difficult that the Prospectus blurb led prospective punters to believe.
And the rest is history. A great idea that was born in the pre-GFC boom times, that traversed that market meltdown and bumbled along because the story was still fresh enough to raise more and more dollars from the ‘sheep’ and other new lambs.
Sheep and lambs tend to get slaughtered - usually in a short space of time. This one is all the more painful because it’s a death by 1,000 cuts.
Is amazing Smith that your opinions have now become totally accepting of the still very long lead time this project will take before any meaningful revenues are earned. Most switched on investors I know usually complain when a company’s strategy keep getting push further and further out.
Not you mate, not you. You have peddled the Tony is our Hero BS for so long now that you backed yourself into the corner with no way out for years and years.
The real question though is - have you yet realised the outcome of your years and years of preaching allegiance.
I don’t think you do. And if and when you do, you are such a stubborn old dolt you would never admit you were wrong .
Happy eulogising !
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