Lots of action on the company twitter page tonight.
https://mobile.twitter.com/TlouEnergy?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
That's a fair post whizz.
I'm hoping that the PPA and Financing are both favourable deals.
A lot of peeps might be waiting to see if there's a placing IAW the finance deal if not the finance deal itself being signed.
I'm still hopeful of being well north of the option share strike price come the end date but time will tell.
Good luck
Well one thing we do know is that the terms have already been agreed and the legal docs are being prepared by the financiers.
As with the PPA timescales are out of aTlou's control but I'm expecting this before Christmas.
Clearly the financiers are well up to speed with the project.
Hopefully it's a case of producing the docs, some DD by both parties and more signatures.
Agreed EB, it looks like the market wants more than the agreed PPA.
Hopefully we will get some detail on the PPA soon.
Then we need to get the Finance signed off.
We need to understand what the finance conditions are too, I'm guessing there will be a reasonable amount of equity and the rest straight debt. If it's BPOPF (which is my guess) I'm sure they'll want to increase their holding..! If so what will the placing price be.
Anyone got any thoughts..?
Well done to all the TLOU Team.
I'm certain they've been as frustrated as the shareholders at the way this has dragged out but they deserve credit for getting this over the line.
I'm sure there's a few on here who wont be offering any praise tho....
I wasn't guided by anyone at the company either, I topped up the day before receiving the email.
The PPA hasn't been agreed until it's been signed as far as I'm concerned. I never said I'd been told it had been agreed pending final signatures.
Would you be surprised if this fell at the final hurdle..?
If not then maybe you can add more on Monday, the same as everyone else...!
No names, no pack drill.
I did actually ask if it was ok to share the info I recieved and was told it wasn't a problem.
I'm not going to get into a "he said she said game" moagi, either believe what I've said I've been told or don't.
Hi Bts, i have been told that the documents are complete apart from the signatures. Complete meaning they have passed through the various departments required.
Obviously until the document has wet ink signatures there is nothing to announce.
Reading between the lines, I'm expecting an announcement in the next couple of weeks.
I've got everything is crossed.
Well whizz I think the PPA is closer than ever.
Tlou's bullish tweets,
Fund managers gathering on the 28th, MMGE updated Facebook page and emails from the company have convinced me that it is "tantalisingly close"