Tlou Energy Share Discussion Threads

[wheniamfree] 24/2/2017 16:25

Next week should be interesting.

[ftangftang] 23/2/2017 09:12

'Tlou have been inundated with requests from various parties wishing to fund and develop the project following the RFP from government for 100mw.'



should hear about possible funding / partenership soon
imo

cheers
ft ft

[money4me] 21/2/2017 16:17

longer term winner. Hope i can get some money to buy more below 10p

[billyboychrisd] 21/2/2017 08:51

Trades picking up again for the day, ask creeping in the right direction.

[effiert] 21/2/2017 08:07

Posts: 9,055
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Price: 9.25
JV / SPVToday 07:56One week until the cooperation with GE/IKH ends.

Tlou have been inundated with requests from various parties wishing to fund and develop the project following the RFP from government for 100mw.

Are we going to see a partnership agreement signed in the next week?

Still very cheap here, remember - 100mw will generate huge revenues of $100-150million per annum. Tlou have reserves, environmental approvement, years ahead of the competition and have only last week upgraded their reserves to 261BCF! The most advanced gas company and in a prime position to satisfy the chronic need of energy in the region, low opex and high energy prices make this a perfect recipe. MCAP is still only £22m and very much in a news Rich period. 261bcf has been acheived just by ground assessment and a 3 well pilot at selemo, just wait until they start developing the area. This figure has the potential to increase exponentially.

[ftangftang] 20/2/2017 15:29

its just a comment on tlou

take it or leave it ....

cheers
ft ft

[coley15] 20/2/2017 15:20

Thanks ft.

Is this TraderTim for real? Sounds like something a GSCE student would knock up for an end of term project? Does it carry any credence with the heavyweight investing community?

[ftangftang] 20/2/2017 15:16

By StockMarketWire | Mon, 20th February 2017 - 07:42

Tlou Energy has narrowed its H1 pretax loss to $1.15m, from a year-earlier loss of $1.99m. The comparative period was dragged lower due to $0.8m of share-issue costs, versus nil in the just-finished half.

cheers
ft ft

[ftangftang] 20/2/2017 14:47

yep
Tim'S comment

Tlou announce a significant upgrade of Reserves for the Lesedi CBM Project and initial Reserves for the Mamba Project in Botswana. A very positive update, which patient investors will be keen to see. The share price has drifted significantly in the last few months. After tipping new highs at 13p, it fell as low at 5.75p last week. At the time of writing, the price is 8.75p – only up 4.5% today.

It’s a long RNS with plenty of detail about the project and status of the operation, but I will not be delving into that level of detail. As always, I have linked to the RNS, so you can read the detail for yourself. It’s reassuring when a company is willing to give more detail, rather than less. It puts on more of the company’s plans, strategy and outlook on the record making them more accountable to future delivery.

Background

A brief overview for those not familiar, Tlou operate in Botswana. Botswana has a severe energy shortage and is currently relying on expensive imported power and diesel generation to deliver its requirements. Tlou has 100% ownership of the Lesedi Coal Bed Methane Project, an advance gas project in Botswana.

1P, 2P and 3P Estimates

For an oil or gas deposit to be considered a “Reserve”;, the company need to prove commercial and technological capability of extraction. Tlou has done this already. The reserves will then be categorised in one of three categories – 1P, 2P or 3P. 1P means Proved Reserves, 2P means Proved plus Probable Reserves and 3P means Proved lis Probable plus Possible Reserves.

A 2P measure is very common in the industry, so the latest assessment conducted by Dr Bruce McConachie of SRK Consulting indicating an increase of 44% in 2P Gas Reserves to 3.9 billion cubic feet is extremely significant for the company.

3P estimates are less common and more speculative. However, for small companies, like Tlou, who don’t want to waste excessive funds on onerous exploration, 3P measures are more common. They are useful to understand at a high level the potential of a project. Therefore, a 390% increase in 3P Gas Reserves to billion cubic feet is very significant, though a little more speculative. It still represents a 5x in estimate of Gas Reserves previously thought to be available.

Also, not mentioned in the highlights, but worth mention there has also been an increase significant increase in the amount of 1P Gas estimated in percentage terms. 1P meaning that the estimates carry a 90% confidence, so naturally in the world of oil and gas this figure is always smaller than 2P and 3P. The increase equates to 70 million cubic feet.

This significant upgrade in Reserves reinforces the commerciality of the Lesedi Gas Project. The success of the Selemo pilot in producing sustained gas flows for a substantial period suggests that there is significant gas production potential for the area … We are very pleased to have received the first gas Reserves in the Mamba Project area, which demonstrates the upside available within our portfolio.

cheers
ft ft

[andrbea] 20/2/2017 13:00

TLOU discussed

[mr.oz] 20/2/2017 12:55

Anyone concerned about the GE expiration?

[mikeroot5] 20/2/2017 11:58

Good RNS today - we await an update on GE agreement 8 days and counting. We should be double digits before too long.

[regandharry5] 20/2/2017 11:49

Glad I managed to top up last Thursday,,K40 at 8.75.

[effiert] 20/2/2017 10:12

Making a strong move up. lots of news in pipeline and directors options set at around 16p recently bodes well for the share price. Not much stock around at these levels neither

[temmujin] 20/2/2017 07:27

Outlook

Tlou's vision is to provide a gas to power solution for Botswana initially and thereafter, in the regional market. 2017 may prove to be a transformational year for the Company as we look to agree terms with a project partner for the delivery of up to 100MW of power, finalise a power purchase agreement with the Botswana government and conclude plans for implementation of the first phase of the gas to power project. In addition, the Company will continue planning further exploration and evaluation across the licence areas held. The coming period is shaping up to be a very exciting time for the Company and we look forward to delivering on our plans.

[sdavis] 18/2/2017 08:00

Next week should see an updare on GE. Other news items also in pipeline.

[x54v] 18/2/2017 07:55

Just a slight pullback after the recent strong rise.

With any luck the next surge up will take price much closer to the all time highs.

[coley15] 17/2/2017 14:26

Disappointing follow through from this week's earlier share price promises. T traders off to chase the next rainbow?

[ch1rp] 16/2/2017 12:55

Justin Waite, Vox Markets is a big fan too. 711 - Tlou Energy #TLOU and newly listed Emmerson Plc #EML

[mikeroot5] 16/2/2017 11:39

Interesting application of Mike Evans' criteria of what is required to make a great junior producer to Tlou Energy. Think he must hold Tlou.

[wheniamfree] 15/2/2017 21:34

The ink isn't far away I believe. As colm stated on the podcast they have been inundated with offers to partner and fund the project. I can see something more binding tied up before the end of the month before the cooperation agreement ends. Watch this space, an SPV with cash injection and a big partner will do wonders here. Mid 20p range.

[regandharry5] 15/2/2017 18:32

Good podcast..80BCM per 20 years.Wow.Looks like they will be in for the long haul. Just need the ink on the contract.