Tlou Energy Share Discussion Threads

[donkey40] 22/3/2018 22:11

So 18 months ago the company publish an RNS saying the Environmental Impact Statement is Approved.

And 18 months later, the company’s finance director (in a clearly choreographed Q&A PR effort to retail shareholders) says the EIA process cannot be completed until X Y and Z are completed. And then goes on to say that X Y and Z have recently been completed.

Seems clear enough to me. Come on Fanboys - show everyone just how biased you both are now (again) ......

[donkey40] 22/3/2018 22:02

100% bizzbob - really enjoy and always look forward to your contributions. They, like you, are instantly forgettable.

[donkey40] 22/3/2018 21:49

Yup, you are right Whendy. The only people that totally understand and get what is going on here is you and Buzz.

Ambiguity - read my post you absolute stupid pr*ck. You 2 Bizzbobbie. Better still - ring Colm or IR for another party political broadcast - Gosh your inability to think for yourselves knows no boundaries.

The ambiguity is obvious to anyone with a semblance of a brain. And when you get that, what next?! Has the company been deliberately misleading in RNS ....

This one has a ways to run....

[blisters] 22/3/2018 21:33

As, expected, WhenIamSectioned has no idea how much the rig will cost or the impact to the company and shareholders in any eventuality. I could ask nicely for you to ask your pal Colm Clueless but he wont have a clue either. Still, your words: "a future secured revenue stream debt based funding" means a secured loan on the assets of TLOU at penal rates. After that, well its all downhill rapid and that is even if you can get the loan. I think Donkey is right, everything in that silly Q&A is just blue sky, maybe this maybe that drivel structured in a way to placate the Fanboys. Oh, and LiarTidd is also correct, there was price sensitive detail in that mince if believed and I am sure that LiarTidd will copy and paste a copy to the FCA for their perusal.

[wheniamfree] 22/3/2018 21:04

Blisters DYOR maybe? First point to add - I’d forget about finance house, think more to development funding. A new industry gives job creation, debt financing can be realised on favourable terms since the in country beneficiary’s will be the people themselves. Not only by career prospects but also by the diversification into cleaner and cheaper energy. You do realise that with a PPA and a future secured revenue stream debt based funding of this type is favourable? No - guess not?

Donkey where is the ambiguity? You mean you don’t understand what is happening? Not sure what part your struggling to grasp if I’m honest as I understand the points perfectly.

I think it is just you - like I said, out of your depth.

[donkey40] 22/3/2018 20:56

Whendy / Tidd - you read the RNS. There is unbelievable ambiguity here. And if you don’t see it understand this, more fool you !

[blisters] 22/3/2018 20:51

Whendy, I want to know the Capex for the new rig. Then I want to know the Opex for the new rig over a period of 2 years. I want the Opex numbers broken down into the following components: Operations, Maintenance, Logistics and Well Services. Then I want you to provide me with a list of finance outlets willing to cover above costs for a company, TLOU, which has no/zero revenue streams with attendant penal interest incorporated in a compound basis. After that, I want you to calculate from your findings (in the likely probability that no finance house will touch this disaster with anyone's barge pole), how many shares and at what price the placing will be to fund this strategy, and lastly provide the percentage dilution incurred to existing shareholders in terms of the fall in share price and resultant negative impact on existing shareholder value.

Thanks in advance.

[wheniamfree] 22/3/2018 20:28

I knew it, I sat thinking blisters would be next to post.

When either are shown to be wrong or drowning, a quick log out and log back in and it’s all forgotten.

Your getting to be so predictable.

[blisters] 22/3/2018 20:07

How much is a drilling rig Whendy?

[wheniamfree] 22/3/2018 19:15

Donkey read the full extent of the RNS.

Nothing ambiguous or disengenous whatsoever - just because YOU don’t understand things doesn’t make it so. For someone who knows so much about Tlou, by your own merits you clearly don’t.

As i said, your out of your depth and it’s clearly showing.

[donkey40] 22/3/2018 18:21

Something seems ambiguous or disingenuous with the answer to Q1 on the EIA.

The answer says the EIA process can’t be started until the precise known locations of wells have been agreed .... and approvals need to be in place following applications to sub land and regional land authorities.

So that says more work still to be done on the EIA process.

The company’s RNS dated 29 Sept 2016 EIS Approved says DEA has approved EIS (S being Statement, not A being Assessment) submitted for its Lesedi CBM Project following a public review. Authorisation is for all the specified project activities in the application. DEA confirmed the EIS has been approved and adequately identified and assessed anticipated impacts associated with the proposed activity.

So the way this is written does not suggest to me there is any further EI work or activity still to be done. Or certainly not much more.

And certainly nothing of the order suggested in the answer to Q1.

As I frequently have said, details in Tlou announcements and interviews are often disingenuous - and here is a classic example of that!!

And dare I say this - so disingenuous that it is to the point of being misleading.

Now please those of you with a brain, think this through properly before ‘shooting the messenger’. There is potentially a very serious matter lurking within all this. Very serious !!

[coley15] 22/3/2018 15:12

Wouldn't you be better placed spending your money on your medication Potts?

[blisters] 22/3/2018 12:38

How much is a drilling rig Whendy?

[wheniamfree] 22/3/2018 12:32

There are flaws with each and every one of your points above donkey but let me ask, how are IPC not great in lending circles?

Quantum Global comes to mind.

Not sure how I am Tidd unless I dial myself and talk to an echo? I thought I was crumpet too earlier this week?

[donkey40] 22/3/2018 12:08

You also say everything in the Q&A is in the public domain - really. For the life of me I can’t find any public info that references the detail in answer to Q1 and 2. Q3 is general aspirational stuff, and I suspect the inclusion of Zimbabwe is just flavour of the month BS. Q4 on mining Licence is disingenuous - ML are awarded against specific business plans and I have never understood how Tlou has this encompassing an entire lease area. That goes against the terms of the Mines & Minerals Act. Q5 - I have never doubted there is lots of gas there, with lots more reserves to be announced. I am sure on that - but reserves are useless without commercial markets to buy the gas. Q6 why isn’t Mitchell putting his rigs to work in Botswana? Q7 IPC - there in name only. I do see them as having added any value and anyway their name isn’t so great in lending circles. Q8 nothing new there then and all of it will take years to fruition.

In short, yet more general aspirational tosh with the simple purpose of keeping pulling the wool over the retail mug punters. The company is years away from anything substantial - fact !!

[donkey40] 22/3/2018 11:26

Ok Tidd - Glad you cleared that up for me.

[wheniamfree] 22/3/2018 10:22

YOu guys are so hell bent on the negative. Here is a thought, why don’t you contact the company yourselves?

Or are you telling me that companies and IR are only allowed to talk to institutions and all that is different?

[wheniamfree] 22/3/2018 10:05

Investors can talk to the company and in fact any company.

No information listed above is not already in the public domain.

What do you think investor relations are for? To answer questions lol.

Do you guys not do any research on companies for which you invest in? I know I do and have spoken to the company myself on a number of occasions.

[donkey40] 22/3/2018 10:02

Whendy - you posted this earlier - what are you saying?

“totally different kettle of fish a bit like how Orapa is operated by KS Energy for its 2x 45mw turbine‘