Tlou Energy Share Discussion Threads

[wheniamfree] 23/3/2018 08:27

Donkey, you really are as stubborn as a mule.

Instead of being so pig-headed, perhaps it best you ask your master to remove your blinkers before you sprout a curly tail.

The above post shows your clear lack of understanding. You don’t have a handle of all aspects so until you do perhaps it be wise to pipe down before you embarrass yourself further.

Not sure your response really summarises your inability to grasp the company fundamentals. All your jumping and shouting about misleading and things being disengenous and false - when as I stated, it is you who clearly has no idea what you are talking about.

Out of your depth from an investment perspective and and a fundamental perspective. I feel embarrassed for you.

I assume my post above answers your questions and you accept you were wrong? Next time - ask before being so arrogant.

[donkey40] 23/3/2018 08:01

Tidd - you are holding a busted flush

[wheniamfree] 23/3/2018 05:47

Blisters, speccy already answered your points and made it perfectly clear that you were a liar.

I know you keep repeating yourself but I don’t need to go back and repaste his post do I?

Get some new material maybe?

[wheniamfree] 23/3/2018 05:32

Wow looks like blisters/donkey under their multiple accounts have had a crisis overnight?

Donkey - still out of your depth and still claiming ambiguity and disengenous yada yada. I thought you knew everything about Tlou? Instead of getting on your high horse let me show you how stupid you are.

The EIA dated in the RNS from September which you keep quoting is in relation to the upstream. I advised you previously that no Company can even drill an exploration or development well without seeking such approvals and as usual you weren’t aware. That EIA takes around 18-24 months to complete hence another reason why it puts the nearest competitor so far behind because they must seek all the approvals before they can even begin to put wells in place and dewater/flow test etc. Following that they can perhaps seek to book reserves and then apply for the production license etc. So 3-5 years total perhaps?

The points in Q1 are in relation to the mid and downstream EIAs. The upstream was the first of its kind in that there has never been an EIA completed for CBM hence why it will have taken longer and is a significant achievement.
The EIAs for midstream and downstream are probably ten a penny since there are plants and transmission lines all over Bots and all would have had to go through the same approval process.
Q1 and it’s point of waiting for confirmation of well placement would undoubtedly be related to understanding where the plant will be located precisely and therefore where the transmission lines will be run. A plant located close to the production wells will of course reduce capex further since less trunking will be needed. Now until the time of well placement is confirmed how can you define where the plant and transmission lines are placed as of course, they could be subject to change.

Now no ambiguity nor is anything disengenous as you claim. To summarise - you haven’t got the first clue about the project and you are out of your depth.

I have no issue providing you with clarity if you ask the questions but no, instead you tell everybody it’s all wrong and everyone is at fault and only you know best etc etc. My how stupid you must feel, yet another example of where I have had to put you right.

[donkey40] 23/3/2018 03:46

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.

[donkey40] 23/3/2018 03:44

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] 23/3/2018 03:41

You are right BabyBoy - we are too stupid to see your baby strategy. As Long as you are happy I suppose

[blisters] 23/3/2018 01:11

Tlou Energy is finished. Buzzy boy just lost all his money. Ha ha ha.

FanBoy hell.

[donkey40] 22/3/2018 23:54

Busboy - must be near closing time for you. Finish your work please and get off social media !

[donkey40] 22/3/2018 23:44

As usual, blinkered, unbalanced and biased posting from our resident self proclaimed superhero.

Yes BusBoy - best you DYOR. Then again yours never was any more that repeating what you read in the Beano. That seems to be all you remember.

Keep up the good work - not many people have your propensity for coming across so clearly as a clown

[blisters] 22/3/2018 23:30

So finally stunning light at the end of the tunnel. The Q&A has been proven to be unadulterated drivel. But let's cut to the chase and revisit the words and facts delivered by the CEO of the Botswana Power Corporation only 2 day ago:

Botswana Daily News 20th March 2018: "Chief executive officer of Botswana Power Corporation (BPC) Dr Stefan Schwarzfischer says, BPC needs to work on the right energy mix, coal plus renewable energy. BPC will step into joint ventures for the establishment of new power plants. It will not cater for small power plants but will leave that for independent power producers. Government and BPC need to establish a subsidy framework for small power plants as they are not commercially viable,” There you have it. The latest factual and relevant information on the future strategy for Botswana energy needs. No mention of CBM. No mention of Gas off takes. Plenty mention of Coal. Plenty mention of renewables.

There is no chance whatsoever of the Bots Government ever investing in CBM. It is all there in black and white. In my honest opinion only, investors invested here should sell now before you lose your money and potential investors should go elsewhere for real returns.

[blisters] 22/3/2018 23:15

So in summary, using Tidd's own words:

"The EIA process cant be started.
The RFP was cancelled
TG and GG are working hard in Botswana.
A 5-10MW Offtake direct with BPC".. who have no interest in CBM whatsoever and whose sole priorities are COAL and RENEWABLES.


So Tlou Energy is stuck. Nothing will happen for months and really, in my honest opinion, hard earned savings and pensions are far, far better invested elsewhere. No good returns here anytime ever.

[blisters] 22/3/2018 22:36

Can you think for yourself Mr. Oz? Or are you just another Gilby Fanboy, like noBrain Buzz and WhenIamSkintoid ?

[mr.oz] 22/3/2018 22:22

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[donkey40] 22/3/2018 22:16

Ftang ftang - the self proclaimed ‘special one’. Definition of ftang is ....

‘The sound that is made by a superhero when strikes at a villain’.

Man does this guy love himself.