Member Info for tidd83

The only ramper/deramper comments on this B.B. at present is from yourself John. No offence but people are discussing the company and the opportunities and events as opposed to posting nonsense like 6p one minute 13p the next minute and bleating about entries and exits. At least have some consistency. If you are trading and your entitled to do so I haven’t seen an announcement of a perfectly timed one from yourself yet however I personally (and I’m sure others feelings are mutual) don’t care. Good luck.

Miner I think it would go without saying that MANY companies are interested in gas and or electricity, there is no questioning that.

Indeed goodboy. Solid little stock this one and 10 well program already underway fully funded so perhaps we’ll see 2000+bopd on completion.

Yes yes I know the stock you talk of, still awaiting news on the rigs but the clock on the blocks ticks on! And of course no hard feelings always enjoy a good debate! A company and it’s team are rated on how well they perform and address situations. We have had some points along the way here and paving a path for a new industry will always see the occasional points pop up here and there. Someone said “TG always has multiple plates spinning” and unquestionably this is the case here given the interviews and historic RNS releases. Plan A remains a go but plan B and C will run parralel. Meanwhile we have some gas reserve upgrades to come. SRK should be delivering these anytime following the significant work program thats been completed.

Adouble nice memoirs lol. As for the financing point, I answered this one earlier - export could be via external government or government backed entity. Given the SAPP is a viable export option I don’t see this as an issue whatsoever. Furthermore if it were an issue it would not have been touted as a serious route to market so much either now, later or in parralel to the RFP. So no I don’t consider it to be an issue whatsoever.

Or just apply limit orders on your stock so it can’t be touched.

Jackal as I said the fact they have requested a retender tells you all. They wouldn’t have issued one they’d have cancelled and that would have been the end of it, regardless who’s to blame it doesn’t matter. As you say, what happens next is what counts and the ministry have committed to a fresh RFP. If it helps and after today listen again to yesterday’s interview with colm. Can’t spell it out anymore clearer; https://audioboom.com/posts/6671773-tlou-energy-tlou-seeing-machines-see-and-condor-gold-cnr

Jackal they’ll respond to the ministry next week. We will be updated on progress in this regard as it becomes available. In the mean time the latest from the company is to request a route outside of RFP and also via export. I can’t see a comment from ministry being issued to settle the waters or them admitting to error they will show commitment by their own actions. Look at what we know, EIA was granted and so was the production license. They’ve renewed all Teniors for Tlous claims and other CBM runners also and despite the tender news this week they’ve requested to reapply if they didn’t want CBM why would they bother. I strongly believe that BERA as newly formed have stuck to book here. Initial leeway by the ministry may not have sat well on the terms of excluding various points in an RFP doc if they don’t apply. Perhaps before BERA they did and as shortcut the ministry issued docs to save time on producing news ones. If BERA are to live and die by the book that shortcut may have been stopped. All hypothetical but plausible none the less.

MrT not quite I do think if the tender is adjusted to allow companies who are in development stage and with no existing production to compete then they will run as before likely with minimal adjustments to submission documents and thus potentially an expedited process. If however they do not change this process and agree to satisfy the requirement by a pre-approval of a smaller 5-10mw process and offtake (outside of the RFP as now being requested) the documentation would not need to be adjusted and once Tlou had completed this stage would be available to fully retender under the existing RFP process. Two options for government to consider the latter being win win for both. In that scenario Sekaname or others would only be at a stage to participate in such a process if they had met and delivered the pilot. That would be perfect, since it is quick and easy and solves issues all round. Perhaps not so for Sekaname since they wouldn’t be able to even begin such a stage until the EIA and ML was granted so instantly they’d be at a huge time disadvantage since Tlou are ready to proceed and government know that. Let’s see what happens. In the mean time eyes on export opportunities too, a mere MOU or LOI would kick the ball here now since it’s a route to offtake which would boost market sentiment. All of the above isn’t even covering the main point here, the gas - the gas is the most important factor in the whole equation and if Tlou can increase reserves substantially with the recent Work program then it’s a huge boost again to bottom line value. I have no issue with current events, the market will corrrct itself the MMs play on volatility as has been said and the weak stumble. No worries whatsoever this end just the delay I mentioned which was confirmed today. We knew the delay Monday yet SP came back to 11p, we now have an answer as to why. Same delay, same assets so - same SP should follow if logic dictates.

Big emphasis on the words AND / OR and key mention that the export route is running parralel with local bots RFP

Shows exactly why these processes have been running in parralel for bots offtake and external discussions for export. 5mins 50secs and 10mins key mentions. This was made only weeks ago. To assume TG has not got this outcome or delay already factored in would be very naive. https://youtu.be/2sof-0SJhok

Lets look at it this way , Tlou have all the necessary approvals in place to go into production. They are the only ones who can get CBM producing in a realistic short timeframe, they have an enormous gas resource which is potentially about to be further sured up or increased. Given the chronic need of energy in the entire region if the only problem is finding a customer (for which there are potentially many) then i really don’t think we have too much to be concerned with just yet.

Joe I responded to that point yesterday. Other gov backed companies? No not necessarily however let’s not be ruling out bots just yet. Capex indeed pending an offtake but the gas as I stated yesterday is the same gas in place that was there last week when the SP was 14p so in this current climate that factor can be taken out of the equation meaning that does not form part of today’s debate.

Production license and all approvals in place. Now why would government award that? Looks like a stickler or perhaps jobsworth at BERA pulled rank here. It will be remediated imho, why would gov go to all the trouble they could just as easily say no.

Gods I think it’s been established that other routes will proceed alongside RFP like standalone project (similar to the 5mw solar in bots that did not require RFP). Other routes and externals will also be negotiated there are a few channels to run with which takes the need of “waiting” away. As for reserves yes Q1, mamba I believe is complete so gas desorption and analysis should be ongoing and that will add into the mix along side the rest of the studies with SRK. Usual aim emotion but this will all blow over when continued progress comes in. Those who wanted out are largely gone over the last few days and so money will return on development. That aside, plenty of cash in the bank and all approvals still in place just an oversite of gov for a new industry and a mere delay. That is exactly what it is.

KAspr please find the point in an RNS and come back to me not a journalist write up. It’s a pilot project in that it is a new industry but it is UPTO 100mw, therefore a pilot tender can equally be 1mw-100mw.

No sweat here John whatsoever. One delay on offtake makes no odds to me, gas reserves as you’ve been told are the key. Offtakes elsewhere to follow.

KAspr no it was not? It was UPTO 100mw and could be split between parties hence the tender. So, get your facts straight.

http://www.proactiveinvestors.co.uk/companies/news/191713/tlou-energy-updates-on-botswana-cbm-project-after-govt-meeting-191713.html

Debatable adouble however imho I do think the next priority move we will see here is a pilot scheme with bots outside of the RFP.