Solid update … funds in place ….. a plan going forward . …let’s go TG …give us something to brighten up this bleak period in the UK …… the sun might just be starting to shine over there in Botswana…… finally!
They really need to start banging the drum this year is hopefully the year that this project starts to pay for it self .. so let them tell all about what’s planned .. it’s all well and good dropping a few tweets about Tlou supplying green power to Botswana and beyond.. let here when and how ! please!!!
Judging by the votes for....... the Pension company voted in favour ....so TG must have put a good case for why at that cheap price. Whilst he may not have wanted to sell at that price to the Doc and according to Colm finance wasn't a problem in his last piece to camera so: a) what made it important to take it to the shareholders. b) why now after this long jogging along?
They had an operational up date 28th jan 2022 so may be next week . Given the very limited information to day in the RNS suggest something must become soon considering how much cash was raised
I agree there Brad.. But TG must need the cash now or i'm sure he wouldn't have sold at this low price ... in away all LTH have been paving the way for the DOC to get in at what to me is a great price. If i'd have waited till now to invest i would have 2-3 times as many shares.. And would be very happy with my position rather than 6 years down the line and under water.. but thats the game! i guess
Quite soon! I would think. Now this motion has been sanctioned the finance is in place ..So really no reason not to kick on at speed . Considering the share value these share have been sold at. One would think if they weren't going to get at and were going to go slowly they would have gone for finance in stages.
Yes .. it’s the quickest way to monetise the assets.. this project needs an injection of haste and these funds should enable this… it’s been funded by shareholder for far to long . It now needs to get to a point to repay this patience
Big week next week in terms of financing the next stage or 2 of the project .. even if the buy price is a little disappointing .. it is what is and this injection will allow things to move forward at speed (hopefully) every month delay is costing the business potential revenue come the end of the year ..
Have you notice how they don’t even try to pretend they are doing anything to develop the business any more . It’s all to easy… set the legal process in motion, bring in another director .. why another one ?… sit back and draw their salaries / fees . How can this be right. Why a CEO and an Executive chairman It’s basically the same job ? .. so 2 expensive executive’s in a company with no real business why?,,all IMHO
Yep i think anyone with any sense can see exactly what's going on here....... If they really believed their own spin they would have loaded up over time ...surely they'd be mad not to ........IMHO
SO well about two years on and nothing new on the horizon a load of cash wasted on excessive salaries of directors.. who are doing zilch... This isn't a business its a charity run to pay salaries,,,,,, IMHO
Not one person who post know’s when or how this share will do! Most of what is written is of no value what so ever …. But still they write! The big question is Why?
RE: Most interesting point from AGM29 Dec 2022 22:55
Putting sales in isolation of anything else and both the chairman and Budd should have been voted out. As no business can survive without income then they should have had to walk. It seems that they think they are running a charity and the donors are the mug shareholders. Who are given as little information on how things are going and are expected not to ask questions just sit and wait.
Think they’d have known about an offer in advance.. so not sure that’s why there’s a delay Diligent would have been required in advance one would think?
Progress and work plan for first half of. 202329 Dec 2022 08:27
This should be released in first few weeks of Jan . Then we can really see why they were so desperate to get the capital in a such low values. Hopefully they are not going to just sit on it because that would be just rub salt in the wounds! It really is time to get this project moving and paying for it self rather than dilution after dilution…..
Makes you laugh another director for company with no really business or potential business … has already a shed load of over paid directors doing zilch .. but they decided they Need another one .. who just happens to be in JP’s club or non performing characters . …couldn’t make it up—- IMHO .. THEY MUST THINK US INVESTORS ARE DAFT