Member Info for Thechukkers

whizzer if after all the interviews you still have no clue whats going on then maybe its not the bod but you who is the problem here :)

how long botswana government takes its time*
sry.
also forgot to add we got mamba and boomslang as well :)

bythesea i see you are frustrated but your frustration prevents you from seeing the truth imo, you are letting your emotions get the better of you.
lots has happened in the few years
we got our mining license granted, environmental impact statements are in place for the commercialization of the project, pods were built and are producing gas currently. talks are ongoing regarding ppa and funding of the project, we got a penson fund invested here who agreed to not sell for 12months, its unfortunate but its not up to tlou to decide how long botswana. you can imagine the headwind if tlou seeked other ways, the botswan governemt could have made very difficult for us to the papers necessary for production, imo tlou has chosen the correct pathway

My guess is we will surpass the commercial flow rates given the latest interview

I hope commercial rates will not be peak rates have a look around for flow rates data over time it is different for cbm

Good stuff minor we in the market at the right time

Haha

the good thing here imo is the bdc being the most likely one to fund us, they are a government arm and the government itself has been very supportive of your project imo

i cant remember what that money was used for perhaps to buy equipment that is being used for mamba drilling now
minor is correct they are supposed to be fully funded til second half of 2020
currently we are waiting news on funding, flow rates and ppa
colm has said he expects flow rates to be higher than 100mcfd which is where the commercial threshold for us is essentially
if that does not happen then i assume we need more money for drilling and testing

you been invested here for half a year at least wasnt enough time for you ? XD

its funny to even read the annual report with a mindset like that XD

And btw my post was not to show my frustration but just to say that the lack of something factual is holding this back. But hopefully any day now

It's normal for cbm wells to be this way
What I didn't like is the lack of news between 20mcfd and commercial levels but am assuming it's got something to do with different technique

The flow rates were poor? Where do you get that from?

agree with you noeasy
i am saying we need it on an rns because thats the only thing that will make the sp move. i have no doubt the flow rates will be commercial as i dont believe colm would have done such an interview on the proactive otherwise

****ing hell
we need some info on those god damn wells, i know colm said he expects the flow rates to pass the 100mcfd, but i want to see it in the rns, something factual. september was the last update on them and i know plenty were expecting monthly updates on the flow rates...they can do the podcasts all they like but if nothing shows on the rns its no progress,

its a shame really, very much like the concept here, imagine this sort of thing going on in the emerging vr world or ar games, its gonna happen imo

sorry should be first national bank of botswana not the bank of botswana :(

also a fan of the americans here, great show must agree, recently started watching mr robot as well
btw that recent link i posted had pictures of the branch manager of bank of botswana(central bank) visiting tlou on the 30th november so i suspect we are getting very very close to finance being agreed

https://www.ft.com/content/27a525a4-1aa4-11ea-9186-7348c2f183af