Member Info for Thornback

Morning smallfish.
Maybe we can take some comfort out of the BPOPF position whilst we await any news..!

Fair play robrin.
I've been in this for 4 years now and am currently, slightly down.
I have never held a share that has performed so poorly off the amount of positive news.
Let's hope it turns around for the PI's who have helped this company grow.
The rest have already done pretty well off it already IMO.
Good luck mate

Well robrin, there are some key milestones coming up, let's see how the market receives them.
I know there are some on here that think Larkin is a demi God but I don't think that their admiration is based on their return of investment.
I have reservations personally,
I have 4 decisions/actions that the BOD have taken which have forced me to question how much he values us PI's if any.
Time will tell......

But not one bit like the SP

***getting the PPA is.

And I think they will but it's been an appaling advertisement for investing in Africa, never again

I wouldn't let that concern you smallfish.
Sirius were after circa £2b financing we need $30m.
Also Tlou could just sit on this project for as long as they have licences, there is no pressure to sell at rock bottom prices as their are no real tangible assets as yet and no large scale workforce. Anyway if it came to that why should TLOU give a hoot about a local workforce, their own government don't appear to be too concerned.
Financing isn't the issue, getting the PPA.
Look at it this way if AA came looking for TLOU's gas they'd have to pay well above today's SP.

Another Tweet.

https://mobile.twitter.com/TlouEnergy/status/1437304812824104965

No probs updo, I totally understand the points you make.
Take care mate.

Fair play updo but as I've said before each to their own.
I've been here for 6 years and am still well under water, I bought in for a return on my investment.
I believe you have been here much longer and bought into the project (at least in part) and not just for the best return possible.
That's fine, like I say each to their own. If it means i'm short sighted and the potential hasn't dawned on me then that's fine too.
Anyway good luck going forward.

I thought the interview was very good from crux as always.
I'm still hoping one of the blue chips wants to buy us out.

Thanks for the reply GH, I'll stick with my original thoughts that these were buy minus trades that have been placed and then cancelled because the conditions (probably a reasonable reduction in the SP) hasn't been met.
I'll check tomorrow to see if the 6,000,000 has been cancelled as I expect it will.

Agree with you there Greeno, however I'd like to see some positive SP movement if the drills are successful..!
Let's see what happens.

Thanks Bebeto, I understand they are cancelled trades but I'm trying to understand it, for example, if the SP dropped by say 2% from when the trade was made would the trade have gone through as a buy and if the SP didn't change or increased then the trade is cancelled..?
It could give an indication that we have reached the bottom which could be valuable.

Oh dear DtE I hope that isn't necessary.
Every time I've watched him I feel uneasy, TG always appears to have to realign him with either interjecting or with a death stare.
It's like he's an inexperienced schoolboy lol

I forgot to add, the trade is matched with another trade which is equal but negative.

There are some very large trades showing since the bad news.
Can I ask our more experienced members if these are buy minus trades..?
Is someone trying to buy a large number of shares if certain market/price conditions are met..?
Thanks in advance.

Morning smallfish what reasons would there be for TLOU not to progress this as much as possible prior to a take over..?
Surely the more mature the project the higher the company value..?
I can't think of a reason why TLOU would be dragging their heals..!

I also pray that TLOU is "the one"

One line nobody can argue with is "Slow government support as facilitator and operator"

I thought their 1st tranche was at 2.8p but I'm probably wrong on that robrin.
Oh well hopefully we have hit the bottom and can start to rise from here.
GLA

Just to add I'm not saying the alternatives are non starters but I believe they are future scopes of work.