Tlou Energy Share Discussion Threads

[donkey40] 11/6/2018 16:55

By the Southern Times today on why Southern African countries need to speed up the utilisation of their gas reserves.

Before last week, that would have been replied to as Great find, great opportunity, supportive Govt, great great great.

Now maybe finally there is some reality being recognised by the punters here.

A gazillion giga joules of gas /energy in southern africa and it will take Govt intent and policy first and foremost, then players with the $$$$ willing to invest, and partnering up with Tlou and such like. Maybe Tlou will be one of the first to get cracking on with delivering the gas, hopefully so. But surely to goodness you all now realise it could be a real long haul. Especially if the big players don’t come knocking to land grab the gas supply side.

[ifthecapfits] 11/6/2018 16:38

Anyone else received their offer document? Good to see directors taking the rights up.

[donkey40] 10/6/2018 20:55

Well the obvious points are 1. He wrote it (not me). He wrote it after getting fed up reading the sh1te you have been posting. 2. Why did you come over and childishly Attack another company. Oh yes, just to get back at me is why. So mate, you copied me then. Surprise surprise, people are increasingly realising I am right on Tlou, so thanks for inadvertently giving another company free exposure. 3. You nailed it - Tlou are a pre-revenue company and have been since first listing on ASX in 2009 - how many years is that now. Any sign of it changing? 4. Invested / not invested - really you only have a 50 / 50 chance to get this wrong and guess what, as usual you pick the loser in a 2 horse race. 5. A 2 horse race - interesting. Where else is there a 2 horse race underway? How many shortlisted and invited to tender for the RFP ?? Oh dear, surely not. Suuuuuurely not again olde Windy ....

[wheniamfree] 10/6/2018 20:14

You mean your mate murray wrote that, a fellow KMR holder? Not biased though, honest.

As for LSE a third party site and will be the same for most pre-revenue companies.

Good job you aren’t invested despite lying and saying you were.

[donkey40] 10/6/2018 19:38

From elsewhere on ADVFN talking about Tlou:
“we are in for a period of range bound trading with previous support forming current resistance"

WTF are these guys drinking; straight out of the TA handbook for dummies. Likelyhood is that the offer price will be punched and unless there is any sort of news in the next few months TLOU will be kissing 3p after raising funds close to 6p. That's what happens when you raise money and don't get results.”

And then a follow up post - the distant drums sound a lot closer now me’thinks:

“Not sure. AIM exists almost exclusively for the purposes of taking money from idiots. This has been a rinse and repeat business for decades. Like all casinos, they have to allow winners from time to time just to assure people that winners are possible. Even the likes of Gilby has to be a patsy before he goes out to grass just to give the masses the appearance of respectability; the price you pay for prior successes and a decent pension. The industry in the mean time is taking the other side of your bet, because they know more than you do. They don't need to short against you; all they need to do is hold all longs margin positions un-hedged and then make the inevitable happen. Stacked deck. Bad news is coming. gov.bw will be looking for something significantly different the next time they publish paper and my guess that is going to make life a challenge for any of the original bidders.

Read the above two paragraphs again very carefully because they are VERY IMPORTANT for people who don't know what they are doing.

TLOU 329m shares in issue for an MC of £29m. You go to the 'fundamentals' page on LSE and you don't get much better than 404 Page Not Found. I wouldn't be holding TLOU at 6.5p if there is a 4p or 3p opportunity around the corner and even then, NOTHING is guaranteed. This is 100% punt.”

A few more disgruntled voices appearing ...

[donkey40] 10/6/2018 19:33

Thanks Sats. Actually I don’t think I called this RI since I was very surprised by it. But yes I have been saying all along they will need to raise money to get this across the line.

Maybe people should start wondering what the great ‘partners̵7; are there for, coz I have yet to see any help.

Great partners, great BOD, great prospects, great fundamentals, great opportunity... oh don’t get me started again ...

So far all it is is a great big jackanory. It is surely about time more people came out and said so, and instead of singing the praises of Tony et al, they started applying some pressure on them to get measurable results (not just more options and possibilities in the future) and get something nailed. The whole PR spin of the past 18 months is exclusively for retail shareholder base, as this isn’t needed for IIs. So obviously they want to court and pal up to retail punters - well that was done, now turn the screw back on them for taking your/ our money.
Business is a results driven business....

[satsuma1] 10/6/2018 19:09

Watching quietly while on holiday. Fair play to Donkey for calling the placing. Blister still just shouting and posting nothing relevant

[wheniamfree] 10/6/2018 17:22

Yep, standard 12 months.

Couple that with drilling wells, dewatering and proving flow tests another 6-9months all in.

Then you have to complete a feasibility study and submit along with the EIA with other supporting documentation to push for a mining license, another 6 months.

Not far off 3 years then.

[donkey40] 10/6/2018 16:41

Looks like maybe Tlou are not the 3-5 years ahead of the opposition as they have regularly been claiming over the past couple years. Another one where hindsight is going to slap them hard !

"It is our belief that the proposed amendments to these legislative instruments will improve the ease of doing business," said Molale.

Miners have complained about the red tapes that Botswana's mining industry has faced, despite the sector's huge potential.

"Botswana's Environment Impact Assessment (EIA) is hostile to investment in this country," said Andre Boje, Chief Executive Officer of Minergy, a coal miner, adding that it has taken the company more than the standard 12 months to get their EIA approved, ahead of getting license.

[wheniamfree] 10/6/2018 09:58

“Your life’s goal” - what a Martyr.

You need help, from an outsider looking in everyone and anyone will see you have mental issues.

If I didn’t laugh at you I’d almost feel sorry for you.

[donkey40] 10/6/2018 01:38

Which I sincerely doubt, based on past performance !!

[donkey40] 10/6/2018 00:20

Well said Whendy !!!!

Now who do you think you have convinced ??

Answers on the back of a postage stamp, if u can stretch it that far.

Hopeless, useless, irrelevant, mindless, stupid, ....

[wheniamfree] 09/6/2018 21:06

Yes and a bullish counter.

[wheniamfree] 09/6/2018 21:03

Lol what have I got wrong? You speak as though it’s all over when infact it’s quite the opposite, I agree the placing was badly handled however as an investor it is the long term I am interested in and always have been interested in.

Are they drilling development wells? Yes.
Do they have funds to drill? Yes.
Is the the PPA routes and RFP still being worked on? Yes.
Do they have substantial reserves in place? Yes.
Do they have EIA approval and the only ones in country to do so for CBM? Yes.
Have they been flow testing pilot wells for over 18 months successfully? Yes.
Do they have a mining license in place for 25 years, again the only CBM mining license in place? Yes.
Are they the only ones with gas reserves independently certified in an entire country? Yes.
Is there a chronic need for power in the region? Yes.
Do Tlou have a tier 1 BOD with past experience and 2x successful ventures along with strong partnerships in place? Yes.
Do they have the ability to cater for renewables successfully? Yes.
Are they running through multiple processes for midstream and downstream EIA as we speak? Yes.

One placing to raise cash to move right through in to development stage is a minor inconvenience in the scheme of things. Do I like it? Not really however the silver lining means they can press on with well development and dewatering. Timelines remain on track for first power in 2019.

Now, we get you don’t like it. We get you have a vendetta, we get you lie and we get you don’t understand the business and continually have to be corrected.

You’ve added the fact that you can’t honour your debt to charity (sad man) and you spend your life trolling the board because it’s your self proclaimed “life’s goal” - not sure who is the embarrassment but keep telling yourself it’s me.

Sorrrryyyyy.

[donkey40] 09/6/2018 20:30

Very interesting chart.

[donkey40] 09/6/2018 19:15

Are you anywhere nearer to proving I am wrong. Like I said, ask people in-country since you won’t take my word for it.

Stop being a stupid obstinate prat. You can’t help having got all else pretty much wrong about this company - and it is never too late to live and learn and admit. Honestly, you are simply embarrassing yourself with such defensive posting and tittle tattle all the time.....

They had a RI last week at 25% discount that nobody saw coming and even the Mgmt had said funds not needed for quite some time. Stop swallowing every piece of krap they tell you about the project. Anyone can see it is going to be the Long haul, and given their lack of ambition to go for nearer 100, as opposed to being happy at 2, 5 or 10 it just sums this company up.

It is so friggin obvious FFS !!!!!

[wheniamfree] 09/6/2018 16:23

You any closer to providing evidence of BPC not realising payments?

Other than what your “make believe” friends told you in Bots?

Or was that another lie being swept under the carpet.

[donkey40] 09/6/2018 16:21

Yawn - more about me again. Honestly is that all you have got! A BS bet out of a scam artist who is pig- headed and so stupid he didn’t even realise the PPA for the RFP was with BPC. And says I know nothing ....

Mate, please stop posting. You are an embarrassment.

[donkey40] 09/6/2018 16:18

Yes yes yes - well spotted Tomcorvid. Cheapshares is Kenmore, Kenner, Blisters, Donkey in disguise.

As is everyone who posts on LSE criticising ....... Honestly you and your mates are biggest clump of chumps imagineable. Be prepared for lots more - they just had a deeply discounted rights issue that has taken everyone by surprise you know. Focus on the drama unfolding in the company, half truths, misrepresented optimism, and start asking questions about how much money is actually going to be needed here and when will some sensible revenues and cash flows start. Answer - a lot more and in at least 3 and probably 4 years time. Oh goodness, can we all keep up this BS posting for that long ....

[wheniamfree] 09/6/2018 15:59

How stupid do you have to be to spend two years posting on a company you know nothing about?

Posting lies and trolling statements whilst telling us you yourself are invested?

Any news on the donation for the charity bet you lost? Perhaps I will pledge it to the walk TW and Daniel Levi are doing, maybe they could name and shame you for not honouring your side?

Played the big man, lost and now won’t pay his dues. What a guy.

[donkey40] 09/6/2018 15:31

Usual starry eyed, blinkered krap. TG has achieved nothing this year so is putting his 75% salary back in as equity in a rights issue done at a deep discount.

Jeez how stupid do you have to be before you actually twig the game here.

[donkey40] 09/6/2018 13:20

You stupid prat - the PPA for the RFP will be with BPC.