RE: Well, well, well16 Mar 2021 11:09
Mmm I still think this could be a possible option Brad, maybe I'm getting an answer of 5 on the 2 plus 2 question.
But what if Orapa Power Station can run off CBM bearing in mind it's run off 2 x 45MW gas turbines and is already connected to the grid.
If TLOU knew the gas was plentiful and all that was needed was a feed line, then this strategy would potentially allow the company to build with a reduced finance package from the lenders.
This strategy would also prove the reserves, which would also be favourable for TLOU's financing options.
In addition the Orapa Power Station is built within Debswana's Orapa diamond mine which is a fenced, leased area and is operated by the Botswana Power Corporation.
Here is an excerpt from the latest RNS; "Whereas the Company has already negotiated land access and leasing agreements with relevant landholders for the power generation facility and a new field operations camp"
Food for thought maybe..!