Member Info for myfirstmillion

You might be lucky DC! I really thought last week this was ready to move but as yet we're just consolidating further. A good opportunity.for those able to take advantage like yourself.

Many many companies use social media nowadays it is far from uncommon. Your perception is negative because you only see the hype side of organised gangs of rempers tweeting nonsense to inflate the shareprice. I'm invested in 5 companies and only one doesn't use twitter.

Maybe you're of an age that is not used to social media but believe me it will and is playing an increasingly important role in the way companies interact and communicate with their shareholders and I don't think there is anything inherently wrong with that. It can fill the gaps between official rns and keeps investors informed as to what is going on.

I think you've intentionally misinterpreted those recent tweets. They only just raised money in the market and have said they're expecting to raise cash from a Botswana entity this quarter. If you wanted to raise more cash from PI's you wouldn't tweet about the company and then leave it for weeks, twitter works on a much faster timeframe. Those tweets are already forgotten by most!

To me they seemed like a genuine release of frustration in finally knowing that they now had the means to get this project up and running and to want to communicate this to their longstanding shareholders but the cynic will always try and spin it another way.

Well thats probably the first time you've attempted to answer a question so I guess that's progress however you failed to give an alternative to connecting to the grid to produce revenue, so I guess you do actually agree with the strategy but are just not happy with the amount of energy and the time it's taken which is a different thing to what you were saying the other day.

Fwiw I think once the transmission line is in place scaling up will be easy, everything is modular so it's just a case of purchasing additional units and hooking them up or hooking up solar panels. The hard bit was getting to that point.

On my second question you've at least tried to answer it but haven't really give any specifics other than the usual 'it's Botswana it takes longer' we'll we don't really know how long it takes to begin with but from what I've seen and read I think the timescale is doable even in Botswana. As I said the other day all the delay has mostly been government related and that's pretty much the same in any country nothing unique to Botwana. I read that getting a new power line connection installed typically takes around 10 years from initial idea inception to full completion including all the red tape, regulatory and environmental hurdles (in first world countries) so by that measure TG hasn't done too badly.

Private contractors will have clauses that set out expectations of time to completion and possibly penalties for overruns drawn into their contract awards. The only possible hurdle I'll concede is the money running out before we get the money from our backer but once they begin work the prospect of the funder dragging their heel further, risking delaying the connection seems very remote to me. Most times once a project begins and starts to gather momentum it has a snowball effect. The closer the end goal gets (when people can actually see dollar revenues close) the more it tends to focus attentions! Indeed I actually expect the financing to be announced before work on the line begins, ie. this quarter.

Donk I've asked you two simple questions over the last couple of days, namely how else are tlou supposed to derive revenue if not through getting connected to the grid at Serowe and what specific problems do you see holding up this phase of work actually connecting us to the grid?

Neither of these simple questions have you been able or willing to answer so therefore I have to assume that you have nothing worth listening to. You can't make cheap points and expect people to respect and listen to those points when you yourself can't explain them or back them up! Answer the questions posed and we can have a proper debate or don't answer and continue to receive zero credibility for your views.

Joe stick me on ya spreadsheet if you don't have me down. I've made my holding public many months ago anyway so makes no odds. I've got 10 million shares.

I've actually ticked one of Brad's posts, probably need to get my temperature checked ASAP.

Donk I don't see why you're still so negative unless you just enjoy being negative for no particular reason. I can definitely see this next stage being finished within a year. 5 + poles per day seems entirely doable if not 10 as Brad says and as Winnie says another gang will be following on rigging the cables. The substations and any intermediate stations will be installed at the same time by the other company so I really don't see how you can be so negative. I'm sure by now we have enough CBM flowing to supply the initial 2 MW and we have the interim power purchase agreement in place so literally as soon as we're connected we can start getting paid.

If you want to be negative thats fine but please explain specifically why and which part of this phase you believe will be a problem?

https://twitter.com/Trader__007/status/1384387287820218369?s=19

I'll be completely honest donk I don't know how long it takes to construct 100km of poles and wires and I'd wager neither do you. The company however believes first sales are possible within a year and I'm sure they have a far better understanding than you or I. With modern excavating equipment I wouldn't imagine it takes long at all but I'm sure the company will give guidance once the contracts are finalised. The hold ups here have been down to government, this next phase is private contracted companies that will have to give assurances on time lines and presumably pay penalties for overruns, so yes I'm fairly optimistic that this next phase should proceed fairly smoothly and at a decent pace.

Not yet although I'm sure TLOU will press upon the two tender winners that expediency is important after the company tweeted the other day a proactive interview where they claimed first sales 'within a year' were possible.

Goldman have predicted a possible all time high for Copper by 2025 of $15,000 a tonne.

So you're choosing to ignore the money raised in the placing and all the money raised when folks have taken up their warrants at various times. That's quite convenient.

What is the cash position Steven?

Mr moagi what is your alternative proposal to get revenue without a grid connection?

The times I've witnessed major corporate events the companies involved have had total news blackouts.

FWIW I've believed for some time that something 'corporate' is going on hence the radio silence around drilling.

Well he certainly sounds bullish, I know we've been here before but for me at least, the situation has changed. Raising that cash to kick-start the tender process for the transmission line and sub stations was a big step and seems to have given the whole project a new energy (if you'll pardon the pun) and impetus.

They've wasted no time in awarding the tenders and I don't think they'll hang about with the fine details of the contracts.

Of course we still need the rest of the $10 million funding and the 10 MW PPA although we do have for now the interim 2 MW PPA which is enough to begin selling electricity but I wouldn't be surprised if the Botswanan element now picks up the pace having seen that we're pushing ahead.

Finally going for the Orapa tender really shows the ambition here alongside Solar and Hydrogen aspirations. As such I'm now marking this as a strong buy rec.

Feeling much more confident now I've seen some concrete progress which was all I and others ever wanted. Getting the interim PPA, raising the cash and awarding the transmission line tenders has delivered that good progress, hopefully the Botswanan element can deliver for us this quarter too.

Direct Proactive link with pic of cbm process

https://www.proactiveinvestors.co.uk/companies/news/946691/tlou-energy-making-significant-progress-towards-becoming-botswana-s-first-gas-to-power-supplier-946691.html

Here's the direct link to the proactive interview for anyone not on twitter, also includes pic of cbm process

https://www.proactiveinvestors.co.uk/companies/news/946691/tlou-energy-making-significant-progress-towards-becoming-botswana-s-first-gas-to-power-supplier-946691.html

https://twitter.com/proactive_UK/status/1382661498116452357?s=19

The tender for Orapa closes in May so Strata X are a complete non-runner imo.