i think once both parties have enough data to assess whether the project will be commercial or not, it shouldnt be an issue to get financing and ppa done. certainly an element of risk is there its all about minimizing it imho kalahari energy's announcement over finance covered the ppa talks with the government as well
i have to say this is getting pretty ridiculous now. the one reason i bought in here and decided to hold is because the messages put froth by the bod etc finance, gas flows and ppa by end of last year they have not achieved any of those whether its due to their fault or not i dont really care. what i care about is how misleading their statements have been. whats worse is we have gone from gas flow rates looking promising to its gonna take considerable time and we need more wells. we are talking probably around 4 to 6 months AFTER the financing comes through...
https://www.asx.com.au/asxpdf/20200324/pdf/44gbg9lwwb330p.pdf this is quite annoying, we were supposed to have gas flows by end of last year, now its gone to "it will take considerable time" but i like what the bod is doing, showing they are aligned with shareholders, wish there was a better way to predict the outcome ...
hi minor yep, my guess is the number of cases is way higher than reported, this also means the fatality rates are way lower than what the official figures show.... i dont think the coronavirus itself is as dangerous as the attempt by the government to control which will cause economic uncertainty, so to see minor caps like tlou affected by it is absolute nonsense, but as the saying goes a rising tide lifts all boats the opposite must be true as well. i assume many of you have looked at the ftse all share index, i must say i cant find anywhere in the chart such a sharp drop
hi brad. i was not tested neither will most sick people be tested, i even called nhs 111 who advised me to go back to work. i did tell them my temperature was going but had a persistent cough... other than the cough i was only really sick for 2 days when i had a fever and a runny nose, must say i rarely get this sick. and i dont remember the last time i had a cough that lasted this long
the virus is wrecking havoc on every stock i own, whats worse is the mms make it harder to buy on certain stocks and mark them down with nearly no trades... i am currently in isolation myself, got sick a week ago and was told to stay at home till 20th the sickness is not as bad as the bloody isolation, i usually work around 60 hours a week, and there is only so much you can do in your home :(
hi minor, this is the positive i gathered as well when i looked up the advisor, i didnt know though they were the advisor as well for the lake kivu project this looks positive, thanks for the extra information excuse my irrational emotional remarks. humor is just my way of dealing with the horrible sp :P
it wouldnt surprise me to see an announcement of the transactional adviser appointing an adviser as well...who knows? sometimes i am getting paranoid and wonder if botswanas aim is to leech us out of money so a government company could buy this project from us for 1 pound lol
Mister Chairman, the Government took a decision to facilitate the development of a maximum of 100MW CBM Fuelled Pilot Power Plants in Botswana through Independent Power Producers (IPP), at IPP’s risk and cost. Requests for Proposals were issued to two firms - Sekaname (Pty) Ltd and Tlou Energy, to develop up to 100MW (combined) of CBM-fuelled power generation capacity at their own risk, with Government only guaranteeing an off-take. Due to the complexity of the project and being the first of its kind in Botswana, the Ministry is engaging Transactional Advisors (TA) from African Legal Support Facility (ALSF) to assist the Government to negotiate the Power Purchase Agreement (PPA). Negotiations are scheduled to start by March 2020. In addition, the TA will capacitate the Government negotiation team members and prepare toolkits for the CBM and recent announcement by the mmge i dont think we were in partnership with general electric, but a company that was closely tied with it, cant remember the name atm