Member Info for Winnimandala

Whizzer —- unless you are party to information that confirms it’s Tlou whom have caused the extension .. then please STF up with your negativity! Is tiresome for all but yourself …. just sell up and move on. For everyone’s sake including your own mental health

According to IG the pay date is extended.. but not the deadline date .. which is quite annoying .. administration reason the quote .. sounds a total nonsense to me .. they should be able to extend both surely

Wonder why?

Executive Directors here are the modern day snake oil salesmen…. Or equivalent….IMHO

Another pie in the sky strategy that will come to nothing . Along with South American focus and the South African investors .. Parson’s doing what parsons does .. you got it …..nothing….! Imho

Was going to sell some of mine and buy them back through the offer so the company gets the extra capital. But I’m concerned about the settlement time for funds from the iG states 3 days so no good for Monday

I agree that the 17p price wasn’t realistic considering where it was and what needed to be done.. And yes the ducks haven’t aligned yet .. so I guess we are where we are because we haven’t proven anything yet …other than there is gas ( but how much and at what pressure) and we have got the poles and wires being installed … so all to play for going forward the future could and should be bright especially if they get the funds for on the offer in full..

My first Tlou share purchase was done at 8p per share back in 2016.. one would think that the closer they came to first revenues the price would rise due to the de risking etc .. But not on the AIM it does the opposite.. will never understand this ! I know dilution plays it’s part but still .. this share price shouldn’t be this low ? Or should it?

That old devil called 'hindsight;...........or his mate 'if only'

Got to be a good move to get rid of anything that Parson's has a link to ..... He's the 'grim reaper 'of a share price IMHO

Here’s the thing if everybody pulls their weight RE: the offer and with the Doc underwriting almost half of it .. it should achieve the magic number. But if most buy outside the offer because of the lower share price and the total is not achieved then .. as shareholder we are laid open to anyway Tlou can get the cash in.. which could mean an even lower share price for longer and even more dilution. The project is close to first revenues but won’t get there with out capital.. I’m not preach just stating the obvious

Yes ..it really is the most important and valuable part to the share price . Reading the offer doc I get the feeling that they must think or have reason to believe the gas is there with a good flow or they would be drilling 7 straight after .. after all if it wasn’t’t for the gas Tlou wouldn’t be there in the first place. I just think the Doc is party to more quality information than us or would he put in the type of cash on a wing and a prayer. I think not ... As they say the more you’ve got the more you want to keep. So I have no doubt gas will be in … They will know a lot of information from the core drills they have done.

anything parsons is involved in turns to ****! ast, coro , corcel and echo all in more or less the same position. the only thing that is guaranteed is the executives and directors will get their over inflated salaries month in month out whilst the shareholder are given hope with little happening in reality. imho

Led by Executive Chairman James Parsons, a former CEO of Sound Energy and currently Chairman of Corcel, Coro Energy and Echo Energy, and CEO Andrew Dennan, a former CFO at Coro, AST looks for opportunities to generate high capital growth returns through counter cyclical acquisitions.

Yeah and look how well all of those companies are doing.. It's just hot air whilst they draw massive part time salaries and nothing much else happens .. IMHO

When the Doc got the so called mates rates everyone was moaning. Now given the opportunity at the same rate to push the business forward .. Some are not happy and some are even indignant about it. So from where i sit TG is damned if he does and damned if he doesn't .... everyone has a choice ... but the business needs capital to move forward and this is one way of getting it. If this fails to achieve the required sums then existing shareholder can't moan about how they get it in the future

It was more to show you there is info out there.. the offer document is on their website in the report section. If you read it, you’ll have a better idea of what’s going.. rather than moaning about the lack of information out there .. all the best to you !

Whizzer : didn't put that up to get you to take part .. thats totally up to you

How quickly they can up scale the power plant will obviously be dependent on funds available. Here’s the thing, this will take considerable capital to set up. But once achieved, production will be for decades not years with minimum running costs. Although it will need constant wells drilling to satisfy the expansion and running of the power plant. Make no bones this a big project … but there is a market for whatever power you can produced and will be for the forceable future!

Here’s an extract

Drilling campaign, gas flow rates and impact on economics

A new drilling campaign is underway, aiming to utilize improved drilling methods to increase the existing gas flow rates and hence, improve project economics. Each new pod (starting with Lesedi 6) is planned to consist of three wells: one vertical production well intersected by two lateral wells that are drilled for a distance of about seven hundred metres each.

The Lesedi 4 pod has been operating for 3 years. The Company has identified blockages where water has accumulated in the low points of the lateral wells, restricting the amount of gas able to be accessed. Tlou has assessed the length of the lateral wells that is contributing to the gas flow in Lesedi 4 and intends to deploy improved methods to drill straighter lateral wells (starting with Lesedi 6) and in this way, aims to reduce water accumulations that can restrict gas flow.

The new drilling campaign that Tlou is embarking on will comprise a series of production wells from which the initial goal is to generate at least 2MW of electricity in aggregate. The number of wells required will depend on the gas flow rate achieved from the new wells.

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Whizzer …have you read the offer document?