Member Info for Superjim

To emphasise the point even more, we were at and then above the current SP level in Aug/Sept 16!! Way before all the progress we have made to date.

To see the Governments response to us going back with replies and the proposal of the pilot scheme. I would not be surprised it is indeed just a major Government cock up to see things try to be rectified quickly and some sort of expedited process to be put in place (certainly for the pilot scheme). Perhaps that's wishful thinking but I don't think it's outside of the realms of possibility. Remember that we were at our current SP back in July 17 well before we even submitted the original tender docs and since then we have seen the mining licence granted, our seismic survey operations commence and be completed and are close to results, core holes being drilled, listing on Botswana stock exchange, secured a cornerstone investor and had a major investment in shares from the Botswana Gov pension fund. Are we further along the road than we were back then? Certainly. Are all the opportunities available that were available back then? It certainly looks like they will be and in cases outside of the RFP we are further along with regards to looking into offtakes. Could end up being totally wrong I believe the business case for buying into TLOU at this stage at the same price is a lot stronger and hence a bit of a no brainer.

"Diabolical loss for many here" Including yourself I assume seeing as you were at pains to tell us you were a shareholder again and looking to average down if the SP went south. Unless of course, everything you say is total rubbish and you're not worth listening to, which certainly seems like the case.

Obviously the market disagrees with me but to me it is looking like a delay and nothing more.

Positive update IMO especially if the Government decide to go ahead with the 10MW pilot which is what we were proposing to start with anyway. Seems really frustrating though that they would have known that neither of the companies were in commercial operation yet when they received the tenders so why it has taken so long to let them know they were non-compliant is totally puzzling. Pleased overall though, tender still in operation and by the time they re-tender for the full 100MW we could well be in commercial operation.

I would expect to see some news this afternoon with regards to the debrief as Botswana are 2 hours ahead of us so will give TLOU some time to get the news out before the market closes. Very interested to see the reason for the re-tender request and I hope we get a definitive answer rather than something vague. Fingers crossed.

Agree it is an unusually large difference which is why I'm expecting (and hoping) to see it close into the afternoon.

Pretty sure that the shares are fungible, however, I think the key point here is that there is no point where both markets are open at the same time and so either market can open up or down to close the gap and prevent arbitrage. Hence why I think we will see either the SP rise throughout the day to better match the asx market or we will see their opening price be marked down. All just my own interpretation btw.

Will look forward to this, hopefully will provide a little bit more clarity before tomorrow. Will be interesting to know if TLOU know a bit more about the retender request than they are letting on and if there was any hint of a reason given to TLOU rather than just being told they would be debriefed tomorrow.

Whilst this is mostly true, 2 and a half hours into the trading day, which is what we are now asx was showing 0.18 which is just over 10p so not too far apart in the relative stage I guess. Hopefully we will rally up in the same way they did down under.

Huge disparity at the moment between here and asx.

To get my head around this one. Very frustrating, I think DowntoEarth is probably spot on in that they don't like the look of either tender in terms of what it would cost. I'm still in this for the long term and will be very interested to see what feedback comes on Wednesday (or maybe Thursday by the time we get the news) and whether it's something that we can amend easily in the re-tender process or if it means that we look to other external offtakes as our main priority. There are many parts of this that I'm confused by including the granting of the mining licence and the big chunk taken by the Government pension pot only then to take a big hit on it seems strange. Fingers crossed for more clarity after the update but for now it's a shocker and certainly not an outcome I'd even considered.

Certainly hope you're right Dizyboy, just made my last top up (promised myself no more) prior to news. Fingers crossed.

Showing great resilience on a day where it seems the majority are taking a big hit. Fingers crossed that this is just a dip in the global markets and nothing that is going to scupper our SP progress going forward.

Definitely due to global market. Currently being quoted 15.3 to buy on IG...

Got a very strong gut feeling that tomorrow will be the day for news. The usual quarterly report is due any day as well which might give us some additional update on the reserves upgrade timescale if we don't have the RNS beforehand.

CSR1, I really wouldn't worry about the slight intraday movements here, we can't expect a rise every single day. Big news is imminent and we are building up to being a company that realises it's huge potential. The small fall will soon fall into insignificance.

Nearly �12k buy there at 13.90. Nice bit of position building going on.

Not sure whether it was tradable today or not? The BSE doesn't seem like the most active exchange in the world to say the least, 51 transactions across the whole exchange in the day. Wonder if we might see a few TLOU trades there tomorrow.

Having a similar problem Lekka, not sure that the site shows live prices, looks as if it only updates daily after the market closes.