Member Info for Thornback

Hiya Brad, yes I thought the pipeline to supply gas directly would have been the preferred option, the pipeline used to be clearly marked up on the map if you remember.

Anyway reading between the lines it appears that supplying electricity into the grid rather than building and maintaining a pipeline is the preffered option and maybe this option gets us back in contention for providing power to Orapa. Orapa only uses the expensive diesel when they can't get power from the grid.

Going this way will probably mean dealing with the BPC again (maybe another reason we could still be involved) but if it gets us back in contention then it's worth it in my eyes.

Whilst we wait.

Don't disappear yet Brad, let's hypothesise about the Project instead.

I've been thinking about Orapa of late, it was part of our intended scope back in Jan but dismissed in April's Quarterly Activity report with the line "The Company's proposal was not successful"

I thought back then, and still think it may come back into the fold and if you look at the Company Website it still shows Orapa and the 220 kV lines that run to it on all presentations and also details the mine under the main Projects page.

It states "Further expansion is anticipated via the supply of power to the Orapa Diamond Mine which requires up to 90MW of cleaner power to replace their current heavy reliance on coal and diesel generation. Virtually unlimited power demand exists in the region via the southern African power pool."

I contacted the company and it certainly wasn't dismissed.

I was thinking that Mamba could be the source of powering Orapa as Mamba is further north than Lesedi and as the quarterly reports always state "In the event of successful drilling results at Mamba, it is envisioned that this area would be developed as a separate project from Lesedi.

We've been told the plan is to get Lesedi to the Initial 10MW and immediately increase up to 25MW. I think Lesedi could be growing as a new 220 kV connection to Orapa was being made, OK it sounds easy but it's possible and we've been told that if we can produce the gas we definitely have takers for the power which is quite obvious.

I was also informed that there is already a substation at Letlhakane so that would mean just transmission lines being required.

A bit of food for thought maybe.

Hi Brad, yeah I'm a bit disappointed at the gas flow news and video response too.

I'm not sure what's going to push this up, maybe positive gas flow news. Hopefully we'll soon see

Good luck all

Nice to see some tangible progress.

Https://twitter.com/TlouEnergy/status/1730169292031697184

I'm sure someone will find some negatives in the rns lol

Agreed Winni, I believe news on gas flows is to be released in the coming weeks. Let's hope they're positive, and based on the support I'm expecting them to be good.

Haha, same here JD76 but don't forget Peter Dunne's (probably Larkin's) words from the 14th Nov RNS...

"I have thoroughly enjoyed my time at United working alongside such a strong team that is dedicated to executing United's strategy and delivering value to shareholders.

What a joke of a company this has turned into.

FFS......here we go again

I'm flabberghasted by Peter Dunne's 1st paragraph in his comments but I suppose I shouldn't be.

The same old spin and probably Larkin's words.

Well most saw this coming but it will be entertaining to see what blarney Larkin spins on this one.

So it's now either Jamaica or game over.....Well done Larkin and Co, you're doing a terrific job lol

Hi Brad, where do you get the suggestions it was Stephen Hemsley & Co?

I'm struggling to find anything that could indicate him.

Thanks Brad

Good post BOTS.

Thanks

Hi BOTS, just wondered if you missed my post 2nd Sept 17:31, apologies if you did but just wondered if you could clarify?

Have you posted on here under a different name?

Thank you

I'm expecting an extension of the Sept Quattro deal which has already been stated in the RNS dated 8th of August for drop in SP

Good evening BOTS, have you posted on this board before under a different name?

You remind me of a poster who was here a while back who was knowledgeable the company and Botswana and wondered if you were him?

Thanks

I feel your frustrations too Glow/Whizz, I really do.

I'm honestly hoping that if we get good gas flows then they will be the catalyst for some upward movement even tho I thought that about the PPA and funding from the Doc but they haven't.

I'd suggest the vast majority have tired of the story hence the lack of take up of the offer and subsequent drop in SP.

Good luck mate.

I agree the Project should have been promoted more Glowlight.

However, what I would say is that we are now at a very important stage of the Project as we await gas flow news.

If the flow rates are strong then we may well see more wanting to get invested in this Company and a lot more noise.

In terms of the length of time in getting up and running, I think the BOD have had their hands tied tbf, yes I think they could've done things better but I'm also positive they've been fed up to the back teeth with the 'powers that be' at times during this journey.

Also they have received reduced salaries along the way, I'm sure they want success here as much as us little guys, after all TG and co have a fair bit to gain should this be a successful Company.

My gut feeling on the next news, with nothing at all to back it up is an RNS with the BPOPF agreeing further funding.

Hope I'm right

Correct TDF, they told us this in the 18th of May RNS so I'd suggest this announcement is just formality.

I'm a bit surprised at the selling based on this RNS tbh