Member Info for npwharf

Before the end of this month for L6 spud. Not sure how long it'll take to finish though and get preliminary results. I was planning on going back through the RNSs when I have time and look at L3 and L4 spudding to initial results to get an idea.

Completely agree about the potential. NPV of the 10 MW PPA has been estimated at circa £7 million, but because it's a nascent industry Tlou are being hit with a very high cost of capital due to the risk. However, if the core hole provides Tlou with the additional information they need , and therefore they can get L6 flowing at anywhere near 250 MCFD then cost of capital going forward will fall improving NPV on other projects. Imagine the NPV of Orapa's 90 MW.
For me personnally, if the gas flows commercially then everything else is just down to raising finances to drill more wells and time, and raising capital won't be an issue given they're sitting on an esatimated 1 billion USD of 2P and 2 PC.

Not getting ahead of myself though as AIM is full of shares that are on the cusp of becoming a mid cap, but very, very few ever get there. Here's hoping L6 comes good !

Direct quote from TG in the presentation: 'very, very close - a matter of months - to convert the gas that we know is in the ground into electricity'.

I've also been sure that the gas is there, but nervous about whether it can be extracted commercially. Obviously from TG statement the balance of probability now suggests it can.

Connect to grid, build substation, extract gas. If they achieve that by Q1 24 then the days of sub 20 million market cap will be long gone.

Welcome to the club Brad. Anyone suckered into this stock eventually comes to the realisation that years and years go by with very little progress other than more empty promises, missed deadlines and dilution. I came across an interview with CC from 2018 a few days ago and had a listen - same old waffle as his recent one. They don't even bother to say they've missed deadlines now, they just create new ones. Remember we were contecting to the grid this year, now substations won't be built until next year. Only thing I guarentee this year will be more dilution so it just gets harder and harder for LTH to get back to breakeven let alone any profit.

A few of the sells are buys as well - I've just picked up two lots of 5k, both shown as sells

Hi Brad, fairly positive interview with CC, much better than his normal attempts. I think the main issue is that it's always
mañana with TLOU, they set their own deadlines and then consistently go on to miss them. They'd said previously in Nov 22 that they'd raised the extra cash to get into development by end of 2023, but from what CC was saying regarding the substation you can see Q1 or Q2 24 much more likely. I fully understand the difficulties in what they're doing, but just for once it'd be great if they delivered per plan. Saying all that I was a generally positive call.
Re Proactive, TLOU pay them for the interview hence the easy questions and zero challenges.

Spot on jacklevi - ludicrous ramping by BrokerManDan, with his old pal James Parsons in on the act, sounds like a total rerun of SOU - its only aim is to take cash off punters and give it to JP and his acolytes.

Sorry Brad, you're right - i worked it out to 41% in sticky hand and therefore 59% in other hands - but when I wrote the message put it the wrong way round. Maybe more coffee for me and back to bed.......

I'll give you my Tlou shares when you pry it from my cold, dead hands.
Apologies to Charlton Heston.

Yeah, I'm going nowhere until they either connect to the grid, get bought out or go belly up - been here too many years like many LTHs.

Wish Zak would stop talking about Tlou tbh, he's normally the kiss of death on any stock.

Interesting that with the good Drs buy in (IC Australia (No.2) Pty. Ltd.) 59% of shares are now in very sticky hands (Mangement team, the Dr, BPOPF etc). Once you add in LTH - many of whom have a reasonable holding, myself included, the free float here can't be great, which on good news would propel the share price.

lol, I actually wrote that town name in full. I can't believe they've just stared out the actual name of a town !!!

Four letter derogatory word I assume. God help LSE is someone talks about S****horpe......

Before the drilling starts theyre going to need to sort the financing out first. Thought the mention of extending to Orapa was interesting - wonder if TG knows something about the tender that we dont... yet.

If by progress you mean a rerating of the SP, I think few things need to land - finance has to be settled as I'd imagine many want to see the blend of equity vs debt, with the former being the key issue; more holes drilled leading to commercial flow rates and connection to the grid. As for timescales I've no idea, but personally I'm looking at this time next year.

I'm in agreement Appi, storm in a tea cup with no impact on operations or demand for energy. Obviously given the dire SP performance, as well as market confidence in the company to deliver, we could have done without this though. Talked to TG a couple of weeks ago and he was very comfortable with operational progress, flow rates etc and was focusing on achieving cheapest cost of capital for the financing required. Looking like an investigation into some of the green statements made, but that just speculation on my part.

Have to agree with Appi, that no matter how excited Tlou get over crypto and Hydrogen they are merely sideshows as far as the SP and wider market are concerned. Saying that, I know from discussions with TG that he believes they have real revenue potential until the gas is sold so hopefully I've just called this wrong. As for the languishing SP, I think it'll continue to drift until the funding is sorted, with people waiting to see the equity vs debt blend.

Anyone can join the Tory party, you just have to pay a £25 annual membership. However, you're not allowed to vote in the first three months of membership, so no point joining if you wanted to participate in the Sunak / Truss vote, which will be early August.

Video did make me smile - not even sure TG and Andrew were really talking to each other as answers didn't quite line up. Anyhow, key take away from me was flow from L3 and L4. TG quote that ...... we have no doubt the gas is proven, gas can flow and it's really a matter of just how big the reserves can ultimately be ...... was the key take away.

Brad, just to echo Winni's comments, no one responds to Donks because most of us have him filtered. You should do the same, then he can just spends the days talking to himself.

All but 2 of the last 30 messages filtered. Really wish Brad and Donks would pack it in but guess I just need to accept that any serious investors are long gone from this board. Pity.