Tlou Energy Share Discussion Threads

[mgellie] 09/11/2017 17:15

Where's potter? On 2nd thoughts - who cares!!!

[adorling] 09/11/2017 16:08

BREAKOUT!!!

[wheniamfree] 09/11/2017 15:40

Looking very very good. Offtake news due, reserves upgrade announcement due, both are huge and then we have potentials of funding backing from pension funds, institutions, banks etc etc

This has a long way to go, it’s only just warming up.

[money4me] 09/11/2017 15:07

will get the sports car book out again for some Christmas shopping.

[ch1rp] 09/11/2017 15:03

Next stop 15p but ultimately multibagger:)

[adorling] 09/11/2017 14:59

Looks like we are about to take out the Sep 16 highs at 12.75p and enter a breakout guys with only blue sky above!

[ch1rp] 09/11/2017 10:23

Wonderful post ftangftang. This company is going places:)

[regandharry5] 09/11/2017 10:20

Mkt cap still under 40 mill.

[mgellie] 09/11/2017 09:54

Getting worried/desperate potty?!!!

[pottermagic2310] 09/11/2017 09:51

Has there ever been any more new News about the following:
"On the 12th April 2017 TOU released an announcement advising that its new JV partner, IPC, had formed a strategic partnership with African Investment Management and Project Management Firms. The partnership will form QG Power Africa, with QG Africa Mezzanine LP, a $250 million investment vehicle which is part of the Quantum Global Group, and Tomé International Limited, project management consulting firm, to jointly develop power assets in sub-Saharan Africa"

It's been 7 months but perhaps nothing more about that JV or the serious funding that could be required or made available ?

[bena1] 08/11/2017 17:17

I did today and yesterday, doubled my holding. I love how quiet it is around this share despite the great work the BoD is doing. One day the rampers will arrive, by which time I'll have hopefully even more shares.

I suspect we are in for an exciting time in the run up to year end.

[ifthecapfits] 08/11/2017 14:51

Great write up. Almost feel like buying some more, in fact I might do.....

[ftangftang] 08/11/2017 14:39

the story so far and what is to come
compiled by Grant

Tlou Energy (TOU) are a natural gas/coal bed methane (CBM) company based in Botswana, and 100% owners of the most advanced gas project (Lesedi) in the country. This gives them 1st mover advantage.

TOU are 1 of only 2 companies that were offered to tender for a 100 megawatt CBM gas to power government project. According to CEO Anthony Gilby, they’re expecting the award to be announced in Dec/Jan. The company has met all targets to date so far & is generally very conservative in their forecasts.
As currently understood, the second party participating in the tender has no gas reserves nor do they have the EIS (Environmental Impact Study) in place. This puts TLOU in pole position and years ahead of its only competitor, Sekaname.
TOU are the only company in the country with a mining licence, which is actually a pre-requisite to sell gas commercially.
The project will provide them with a way to get their gas to market + all important revenue estimated at up to $150mil/year.

TOU have a binding heads of agreement with UK based firm, Independent Power Corporation (IPC), to jointly develop the (up to 100MW) CBM gas to power project and will maintain 100% ownership of the upstream, including their gas fields & gas supply.
As part of entering into the agreement, IPC has received letters of interest for in‐principle funding support for the power and infrastructure requirements of the project. IPC will contribute to costs of the project under the agreement.
Botswana has a stable democratic government and ranks as one of the best credit risks of all African countries. It has the lowest African corruption ranking (including South Africa). Botswana is ranked 35 out of 176 countries worldwide, with 1 being the best and 176 the worst (for comparison, DRC is ranked 156, South Africa is ranked 64, Australia 13, China 79).

The country has an excellent economy with growth almost double of Australia’s at 6-7% of GDP. They have 5 huge diamond mines (4 of them are 50% owned by government, the other 50% is owned by Debswana/De Beers) and produce 25% of the world’s diamonds. It boasts the world’s largest diamond mine, Orapa, which is so big it actually has its own 100 bed hospital + pre-primary & primary schools for employees of the mine. It also boasts the world’s richest diamond mine, Jwaneng. Botswana also has large beef & tourism industries.
70% of Botswana’s electricity is imported from South Africa and 80% of domestic production is concentrated in one coal fired plant (Morupule). Morupule power station has been plagued by problems for years due to design issues and isn’t running anywhere near full capacity.
Most of Botswana’s power stations are powered by imported diesel, which is extremely expensive. But they were designed to also run on natural gas, so it will be easy for TOU to gain additional ways of selling their gas and also supply their gas at a premium price.
Botswana relies on expensive imported power and diesel generation to deliver its requirements. This is compounded by continued and still unsuccessful remedial work taking place at Botswana’s Morupule A and B coal fired power stations. Botswana and Southern Africa have massive power shortfalls that are expected to worsen over coming years.....so there is huge demand for power. Botswana’s energy demand is set to increase 37% to 1,017MW by 2025. Based on 2015 data, there will be a shortfall of 5,994MW of energy in Southern Africa alone

TOU have leases totaling 8300km2 and significant independently certified gas reserves of 261 billion cubic feet (3P) and maintain 100% ownership of the whole lot. They also have 3.2 trillion cubic feet of certified 3C gas resources.
250km of 2D seismic survey is currently underway, which will increase their reserves substantially. They began drilling core holes yesterday, to help complete the analysis.
Their gas reserves are relatively shallow (350-800m deep) and don’t require fracking.

TOU are the only company in the country with an approved Environmental Impact Statement for upstream gas services.
The government has indicated a desire to move away from coal generated power and move toward cleaner sustainable and renewable power generation.
The Botswana government have declared publicly that they want to not only meet their current power shortfall, but also become an exporter of power into the Southern African Power Pool.
TOU has been flaring gas for 2 years and are already running generators directly from their own gas fields.

CEO, Tony Gilby has extensive experience in natural gas projects. He was instrumental in establishing successful Coal Seam Methane at Arrow Energy & also Sunshine Gas in Qld, Australia. He transformed both companies into takeover targets of more than $1B bringing massive returns for investors.

TOU’s BOD includes the ex-Botswana Bank Governor (also a member of the Africa Progress Panel), the ex-Botswana Minister for Mining (also former director of Debswana/De Beers) + former General Manager of Mitchell Group.

TOU have announced they are currently in negotiations with both GE and IK Holdings. The agreement will provide the framework for co-operation between the parties in relation to sharing of infrastructure and technical support for the delivery of a number of operations such as the Orapa 90MW power station conversion from Diesel to Gas and the 300MW Greenfield gas project.

On the 12th April 2017 TOU released an announcement advising that its new JV partner, IPC, had formed a strategic partnership with African Investment Management and Project Management Firms. The partnership will form QG Power Africa, with QG Africa Mezzanine LP, a $250 million investment vehicle which is part of the Quantum Global Group, and Tomé International Limited, project management consulting firm, to jointly develop power assets in sub-Saharan Africa. This has potential positive implications for the future funding of the proposed (up to) 100MW CBM gas to power project which is being jointly developed by IPC and TLOU.

thanks Grant

cheers
ft ft

[wheniamfree] 08/11/2017 13:44

Every company always has a pleb who can’t stand a bit of blue.

I’m sure miserable potter will have his nose swiftly put out when a couple of left and right hooks are dropped on reserve upgrades and offtake agreements.

[pottermagic2310] 08/11/2017 10:47

Steady @ 11p and almost back to the 2016 12.75p high !!!
Looks like 15 months concerted efforts might eventually provide evidence & support for that original valuation of approaching £40m.

[ftangftang] 07/11/2017 15:04

World Coal

Tlou Energy progresses seismic programme and core-hole drilling at Lesedi
Save to read list Published by Claire Cuddihy, Editorial Assistant
World Coal, Tuesday, 07 November 2017 11:16

Tlou Energy Ltd, the AIM and ASX listed company focussed on delivering power in Botswana and southern Africa through the development of coalbed methane (CBM), has provided an update on the progress of the 2D seismic programme and commencement of core-hole drilling at the company's Lesedi CBM project in Botswana.

Tlou's Managing Director Tony Gilby said: "The seismic survey is progressing very well and the analysis of the data to date has provided sufficient information for the commencement of core-hole drilling at the Lesedi CBM project. The information from the seismic programme along with the core-hole data will be key to the expansion of the company's existing gas reserves and contingent resources, which through provision of increased confidence in the project could add significantly to the inherent value of the company's assets and provide vital data for the commencement of development activities in 2018."


The seismic survey comprises the acquisition of new data over approximately 250 km of the company's CBM acreage. It is being conducted by Velseis Pty Ltd, an Australian seismic acquisition and processing company that provides a fully integrated range of seismic technologies.

The acquisition of data is expected to be completed later this month with final analysis of the data to be prepared thereafter. The acquisition involves specially designed vehicles that are fitted with a vibrating plate that transmit acoustic signals into the ground at specified locations. According to Tlou Energy, the quality of the data to date appears to be good, with clear imaging of the coal target section being achieved.

The data is a key input for the company's reserve certifier, SRK Consulting Pty Ltd to gain increased confidence in target coal distribution within Tlou's Lesedi and Mamba permit areas. SRK will use the new seismic data and integrate this with existing aeromagnetic data to provide a clearer picture of the sub-surface geology. The integrated data set will assist in the expansion of gas reserves and contingent resources, and has already identified the first area for core-hole drilling in advance of the first phase of project development.

The company planned a core-hole drilling programme following the acquisition of seismic data from the ongoing seismic survey over the company's Lesedi and Mamba projects. From the data already acquired, the company, in consultation with SRK, has been able to identify an ideal location in the Lesedi project area for an initial core-hole, with drilling of this core-hole now in progress.

Not only will the drilling of core-holes confirm the coal quality including gas content, it could also provide further useful information for the expansion of the company’s gas reserves and contingent resources. The drilling of core-holes could also provide data over the areas where initial project development is expected to occur.

Project development is planned to commence in 2018, subject to the results of the company's application to the government of Botswana to develop up to 100 MW of CBM power plant.



cheers
ft ft

[billyboychrisd] 07/11/2017 09:50

Not me! This one's a long term keeper.Great management, sound business plan, supportive government.Buy and hold (imo), even if it's just for two months to await the rfp decision and reserves upgrade.

[ch1rp] 07/11/2017 08:07

Who in their right mind would sell this share on the brink of production and profit?