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'FCA have replied already and asked for further info.'

Got to be the quote of the day that one LB and there's been some belters. Even Dominic Cummings doesn't get a reply from the FCA for 3 months.

Interesting argument going on.........who is the best guesser. Simply not worth knowing the answer.

(Bottom line there hasn't been enough information given through a regulatory channel to reach an informed decision as to where we stand).

To be fair we don't know when any of those three are going to be released/agreed.

On the face of it we have everything just about ready (yes I believe the TG/CC et al ). No negative announcements regarding the ongoing work and they have been quick to tell us about needing bigger pumps etc in the past. That negativity could come but at the moment it's on the cards for a positive result here.

Bottom line, they mess up the dewatering and they mess up my investment.

Double negatives aren't quite as confusing as that interchange guys:-))

'Some ppl have been ever so loyal, and it is a shame for them, but they need to look at facts, not continue to be overly optimistic to what has been promised for so long.'

Not overly optimistic just very optimistic.

And if someone is going to tell others to look at facts it would perhaps be wise to recognise irony and confine their post to such rather than litter their post with 'I think's' 'in my view' 'I'm highly suspicious' etc. Lots of quite massive assumptions (no government fast tracking, will not be able to raise funds to stay afloat, gas flows are inadequate) based upon no shortage of evidence.

Clearly this project may or may not succeed but the irony of people not believing it will happen or not believing the interviews put out by the board should leave them in only one position and that is moving on with whatever amount they can salvage.

My reality it seems is very different to that of others. My best guess is that they are confusing the time it is taking with the chances of success.

They give us the information.

It's up to us what we make of it.

Go on Tony deliver the goods Sir.

Board has sprung to life with good posts based upon research. Been informative no matter the views attached, but they have been useful too, thanks.

I noted the timescales involved with Moagi relate to the 100MW project in its entirety including the involvement of Seskaname. This is borne out by the use of the plural 'power purchase agreements'.

As we know we are somewhat ahead of Seskaname and it is undoubtedly true that the resulting PPA for TLOU will not be exactly the same as that for Seskaname. TLOU will be a template agreement as the countries first CBM project and will form the basis of any further agreements in the CBM field. So for me I expect the company may still well be correct in stating their PPA is imminent but that as far as the overall 100MW project is concerned then Seskanames PPA is also hoped for by year end.

I would not be surprised if 2024 was a more realistic target for the full 100MW project given what I have seen of Botswana's bureaucracy and only then if Botswana's 'fast track' means what it should mean. In the meantime I expect TLOU will have worked with the government to get the ball rolling in the CBM space, that it will happen very soon and we will have our route into the grid.

Also, from yesterday, I noted BF's first post on the lack of senior management at the BPC, that isn't going to help matters but what interested me more was the reference to the funding of the BPC and its credit rating. Perhaps another good reason why we should have, and did, commit to a small amount of the 100MW RFP. We wouldn't want all our eggs in that one basket.

Whizzer just go onto the London Stock exchange site and hit 'news'.

No RNS and Oz is a blow in the wind exchange for TLOU. I have no problems if this goes the same way today I will be over the moon for all the right reasons as I will certainly be adding.

Of course there are differences between what TLOU want and what the government want both in terms of the PPA and also what their financial arm (BDC) wants in terms of the financing. They are in a period of negotiation. Negotiation is about settling differences. No differences no negotiation.

What I took from that part of the interview was not awkward but TG laying down that they had waited long enough and they weren't going to hang around getting mired in the bog now that the project was, '...very viable and should attract a very attractive form of funding for our shareholders'. This after reiterating the massive internal power deficit and the impact that any interruption to the 50% imported supply would have, it would see the country in serious trouble.

An interview informing us of the frustration around the time taken but equally one that informs the government that the TLOU board have publicly informed their shareholders to be prepared for alternatives other than what are currently on the table. Do they want this new generating capacity to come to them or go elsewhere? Here's our hand, we are positive we will have our gas flow so it's a strong one, indeed we are already running a parallel lower carbon power bond exercise to secure the right type of funding for our shareholders.

Over to you BG.

Hi MFM, My post was tongue in cheek. We are in a necessary state of stagnation here while we await our news. I have no problem with Brad filling that in with some random topics of chat. I balance that out with the timing (nothing happening), the fact that he provides some valuable research and comment and perhaps its really no big deal.

Brad, for me while its quiet, throw it in the mix mate, rather see that than a completely empty BB.

Well done Pawpawman, this is indeed a BB for TLOU.

Looking forward to at least thirteen people posting TLOU related stuff of interest, it would have been fourteen but MM has started the ball rolling.

Pawpawman how about your turn next?

'...a giant **** and balls..'

That'll be 4 and a half inches if mines anything to go by.

'.....doesn't even know anything about the company.' Unfortunately that is abundantly clear Berta.

Great to be given lessons in investing and I'm all for learning but I'm sure that somewhere in there investing is about knowing what you are investing in.

Perhaps, and who am I to say, that is the first rule of investing and not 'have a stop loss'.

MM, has the appointment definitely been done now? Cheers.

BTS, you posted something yesterday that got me thinking, 'The BG are a disgrace.I thought they had hired an advisor in October and now they are close too hiring one.'

My thoughts were exactly the same, here is a country that imports power at significant cost or generates power at significant cost, neither sources be reliable and having a significant impact on the countries productivity. Yet they are dragging their feet to address the situation.

But is it cost effective to hire a consultant to draw up a PPA that may never be needed? If we haven't got a stablised commercial gas flow then how can the government reasonably spend money to employ someone to draw up an agreement.

I suspect the BG are not the issue here but equally neither is the company. It is all down to the process ongoing underground that has not yet reached a conclusion. We can only wait and see but my money is still very much on a positive result here.

Does it really matter what views individuals have? Does it change where this business is in its timeline?

It's been going a long time and with some failures along the way. We don't yet have flow rates. Everything points to a successful outcome but that is not definite. Plenty of room for both sides of the story here guys.

Cheers Paris, saved me hunting for that.

There has always been a question mark over whether we are going to get commercial flow rates simply because we haven't achieved them to date, or not at a sustained level if we have we have. That is in the lap of the gods. The TLOU team have at every opportunity recently expressed how much of a balancing act the dewatering is and that it is technically complex particularly as they are first movers with no peers to measure progress or indeed techniques against.

We can keep on bringing up historic problems/failures in getting to this point but the reality is that we are at this point. It is a massive inflection point for the company and us as shareholders. We can all look back and whinge about something not to our liking in our progress but we are sitting on the edge of a decisive point here and instead of seeing it for what it is, a make or break for us and our investment, we seem to be intent on looking backwards. Plenty of time to spit the froth if this goes belly up. Let some positive rays in guys.

Good posts guys. Add to that Colm's opening words on the last interview, the gas flows are, 'going fantastically well...'

We'll see what TG's interview brings but I expect it ot be more of the same.

Cd - now why can't everyone post like you do!

ATB NE