Tlou Energy Share Discussion Threads

[pyglet] 01/12/2016 14:28

Need Tony Gilbey to give an update, not CC.

[ftangftang] 01/12/2016 09:32

TLOU ENERGY TLOU 6.35 -0.52 -7.63%

Market Cap: £16.3m
Price: 7p
Spread: 6.5%

Some more news for Tlou this morning, an operational update on Lesedi and general field development. The price has fall sharply from the historic highs of 12p that it achieved a few months ago. Currently trading at 7p, the price seems to be settling. It has dipped its head below 7p a couple of times, but seldom stayed at those levels for long.

On Monday, the company announced that talks with GE had been extended by a further 3 months. However, despite the seemingly positive news, Tlou ended the day in the red.

This update give investors on where the company is at, which is useful. I prefer companies that are willing to keep investors informed. Typically, these companies have a more stable shareholder base.

The main focus for the company is to get the 10-50MW project up and running. This seems to be in a good place. Initial project plan is expected to be completed by the end of the year, so we are talking a matter of weeks. A little be of news flow there then.

Plenty discussions happening. The company are in talks with the Government of Botswana about off-take agreements for the project. Downstream development plans are continuing with specialist partners such as GE. In three months, we should get another update on the GE agreement. Reassuringly, the company looks well place financially. Tlou confirm they are assessing “various funding option, having been contacted by a range of parties”.

There is a lot going on here I feel and when all the bits fall into place, I can see the newsflow coming thick and fast, so I am more than happy to hold on to this one.



cheers
ft ft

[pyglet] 01/12/2016 08:32

I do hope they have Tony Gilbey in the podcast and not Colm

[money4me] 01/12/2016 08:01

at least it gives us indication of when some new info should be appearing, so we can check if they are actually delivering against their indicated timeframes. nothing to move the share price though so its going nowhere for now (hope I'm wrong)

[btfd] 01/12/2016 07:46

no don't think you have. same info as podcast interviews. hmm getting frustrated here, i'd rather they said nothin

[adorling] 01/12/2016 07:25

Struggling to find anything new in this RNS - have I missed something?

[effiert] 01/12/2016 07:24

Pretty solid update to be fair

"Assessing various funding options, having been contacted by a range of parties, for the development of the Project"

[ftangftang] 30/11/2016 23:53

Executive Director Gabaake Gabaake said, “This is an extremely exciting time for the Company. The Board and management are very busy as the Company focuses on getting the initial 10-50MW project up and running. As investors can see, there are a considerable number of parts to bring together to develop the project as we aim to get our first power to market and start generating revenue. In the near term we will be providing an update on our field development program, and our studies for the development of our scalable CBM to power plant, which are being advanced alongside specialist partners. In addition, we will keep the market up to date on progress of other items including the offtake agreement, conversion of the field operations to run on CBM and a future mining licence application.

exciting times indeed
cheers
ft ft

[ftangftang] 30/11/2016 23:43

1 December 2016
Tlou Energy Limited
(‘Tlou’ or ‘the Company’)
LESEDI PROJECT UPDATE AND FIELD DEVELOPMENT PROGRAM
Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (‘CBM’), is pleased to provide an update on progress at the Lesedi CBM Project (‘Lesedi’; or ‘the Project’) located in prospecting licence PL002/2004 in Botswana.
Highlights:
 First gas monetisation planned – gas produced by the Company will power the Project following completion of upgrades leading to ongoing cost savings
 Actively planning forthcoming field development program:
o SRK Consulting engaged to assist in recommendation of target development areas for the Project and further exploration.
o Flow testing at the Selemo wells is progressing well; providing vital data ahead of full field development and will be incorporated into Lesedi’s Feasibility Study
 Detailed activities being advanced relating to the phased development of a CBM to power project (10MW ramping up to 50MW), to commence following field development:
o Working with specialist engineers on a Field Development Plan. – Initial project plan is expected to be completed by the end of the year. This will also provide data ahead of a future mining licence application
o Advancing a study of power grid integration points and transmission line options (midstream development)
o Downstream development relating to the planning, design, and development of the power generation units is progressing alongside specialist partners
o Terms to be discussed with the Government of Botswana in relation to an off-take agreement for the approved 50MW power project
o Assessing various funding options, having been contacted by a range of parties, for the development of the Project

cheers
ft ft

[theunluckyone] 30/11/2016 10:43

Really frustrating to see that the t@ssers are still here selling their shares presumably from the placing - seems to be no end to the vermin

[theunluckyone] 30/11/2016 08:26

effiert - Well the dream was enjoyable whilst it lasted !!!

[effiert] 30/11/2016 08:23

get a live price for 1st 20 mins,, looks ready for a stampede,,, gas sales and revenue to look forwards to,

[theunluckyone] 30/11/2016 08:23

effiert - Does look hopeful at the moment !!!

[effiert] 30/11/2016 08:22

seller cleared. see a sharp move back to 15p+ here soon

[money4me] 29/11/2016 14:48

come on TLOU give us something

[ftangftang] 28/11/2016 08:57

TLOU ENERGY TLOU 6.68 -0.57 -7.85%

Market Cap: £17.25m
Price: 7.25p
Spread: 3.5%

Tlou released some an RNS about the much anticipated co-operation agreement with General Electric this morning.

The company rose to record highs a few months ago – breaking through 10p and tipping the 12p mark. However, since this rise, the shares have suffer a pretty sharp pull back. Currently at 7.25p. The shares fell below 7p last week.

This is a company I hold. The exact reason for this pullback is little uncertain. Some investors were undoubtedly getting a little uncertain about the expiry date of the General Electric agreement fast approaching. Tlou has an agreement in place with GE, which provides sharing infrastructure and technical support for the delivery of the 50MW power project, gas supply to to the existing 90MW Orapa power station and plans for a 300MW gas-fired power project to be developed by IK Holdings and GE.

A real coup for Tlou. Working with such a large corporation, General Electric, in the company’s early stages, is a real positive for the company. However, the above agreement was due to expire on Wednesday. Not much information had been give about a renewal, just that negotiations were ongoing. Today, the company announce that the agreement has been extended by 3 months. The agreement will now run until February 28 2017.

Great news for investors that were beginning to get a little edgy! The companies have additional to thrash out about next stages of development, so the three months is enough to tide them over while sorting these details. Nevertheless, it is still a positive sign that the agreement has been extended and still signals strong interest from GE.





cheers
ft ft

[2lb] 28/11/2016 08:41

Chart looks like CTAG now - not the sort of company you want to be keeping.........

No issue with the extension, better to get it right and get the deal sorted so benefit comes through in the years ahead.

My issue remains with the radio silence on general operations - that is what is driving people to sell up and move on.

I will give them another month personally and if no operational update is provided then I will cut and move on - I don't the fact they are happy to go on podcasts for fun telling us how everything is rosy but and great progress is being made but the won't formally update.

[dorset64] 28/11/2016 08:30

If they had done nothing as you suggest, do you honestly believe these two huge corporations would waste their time extending the deadline??

Jeeezzzzzzz

[croc8] 28/11/2016 08:25

I don't agree. These types of deal are hugely complicated and it is no surprise that negotiations are dragging on. If they were not making progress they wouldn't bother extending the dates. Yes we would all like a quick resolution, but the reality is that agreements like this often get drawn out. Patience all.

[money4me] 28/11/2016 07:45

still some life then