Member Info for Thechukkers

dont know what tricks the mms are playing, marking the bid down and ask up. 13% spread just to make it seem like we are in the red :P

morning brad...*someone from a chatroom*
you make it sound like this chat room begets individuals and everything minor is, is somehow tied to this chat room. i am sure there is more to him than that lol. i myself have no reason to doubt him

also worth noting the government stated they expected the cbm powerplant to be operational by 2022 would fit perfectly with the 2 year grace period as well

if you look into their recent projects if i am correct they funded a company who was extracting methane from water

looks like afdb has already looked into coal bed methane as well
https://www.afdb.org/fileadmin/uploads/afdb/Documents/Project-and-Operations/Shale%20Gas%20and%20its%20Implications%20for%20Africa%20and%20the%20African%20Development%20Bank.pdf

you can see into history brad, now please make one where you can see into the future lol

kgotso gerald morei but he is from first national bank

minor remember the manager or whoever of this same bank came and visited us was it not so do you remember perhaps brad?
i should search it up again

thanks for the reassuring update minor

brad based on what i have read assessing how long should it take to dewater any given coal bed methane seam has been rather difficult in the past. the issue is the bod gave out information that indicated flow rates would be commercial by year end, i think that was a bit foolish of them..i assume many traders bought in on that in hopes of selling on a spike, after a few delays it is working against us now with those same traders selling. it is annoying but i dont think the bod should have ever given a timetable on possible commercial rates

i wonder how aware the bod was of dewatering *issues* although i wouldnt really call them issues, was it on hope they went and thought 2 pods would be enough? if they were aware and the birds were singing loudly enough in botswana would explain the selling here!? the problem now is the risk of no commercial flow rates yet is gonna be present for a longer time, i am pretty convinced they gonna need more wells, it seems unlikely they would put it in the rns otherwise i think. it irritates me a little as i had the thought this dewatering was gonna be all done by the end of 2019. its either the bod was being misleading or it is really that unpredictable if the later they should have never put out when they expect the flow rates reach commercial rates as i am sure a lot of traders/investors feel mistreated and it has damaged the bods integrity if only a little. i am still in here and till the end

brad if this keeps dropping soon we will be valued equal to strata x lol

https://hotcopper.com.au/threads/ann-power-purchase-agreement-update.5236558/

of course they are not going to replace coal anytime soon,its obvious , this does not mean they are not aiming to use coal bed methane.

i sort of understand where some are coming from talking about revenues yada yada, but i think with the products the company has to offer and the companys presence growing in multiple markets/regions 4mil market still remains a joke to me...
the poor market cap is not star bods fault imho there is a wider issue with the market, seeing many microcaps trading way below what they were trading at 2016/2017 despite significant progress being made. dont know why but there arent many buyers around atm.
what can you do but suffer through it

https://www.iol.co.za/news/politics/sona-2020-ramaphosa-promises-increased-eskom-capacity-to-deal-with-blackouts-42675328

great spot noeasy
its also annoying to see posts like that only appear when shareprice is dropping. clearly some people are looking for someone to say* well done you were correct...applause*

"The combination of GAS-TO-POWER and variable renewable energy provides reliable, stable, and dispatchable energy."
this whole sentence deserves the use of caps lock

just to reiterate
2p reserves of 41bcf would help power a 100mw powerplant for 3.7 years.
15 years if we take the 3p reserves of approx 400bcf and halve it with more reserve upgrades to come
with this in mind its definitely undervalued imho. the only thing putting any doubt to investors minds are the flow rates imho as should they not become commercial we must start all over
personally i have little doubt when it comes to flow rates. cc and tony may have overpromised on timelines but i dont think they would straight out lie on a podcast.

Moagi described Botswana’s 212 billion coal reserves as “God’s gift” and said the CTL project, as well as a 100 megawatt pilot coal bed methane project, were two projects Botswana would fast-track.
https://www.reuters.com/article/us-mining-indaba-botswana-idUSKBN1ZY20V