Tlou Energy Share Discussion Threads

[donkey40] 19/7/2018 22:11

Stop reading / replying then you stupid sheep !!

Keep thinking Tlou will be your latest and greatest investment play. FS never have I seen such a bunch of hypnotised zombies remain under a spell so long. Whacky Gabacky’s potion must have infiltrated their senses.

Still no word on retender. And when it does arrive, next there is some newbie transaction advisor to bring up to speed - I wonder what kind of hash he will make of the RFP next. This RFP was first issued early 2017 - 18 months ago, jeez and look where it is now. And King Tony recently said, our quickest route to market is via the RFP. Hello hello hello hello - is the penny lodged somewhere since nothing is registering in your brains. That much is obvious!!

[donkey40] 19/7/2018 19:46

Here comes Ba Ba Buzz bleating like the bore baby he his. Talk about the company pal, try it just once !

[satsuma1] 19/7/2018 15:14

officially lost the plot

[donkey40] 19/7/2018 14:33

Watch this one unfold - classic !!!

[wheniamfree] 19/7/2018 14:16

He’s probably talking to himself - nobody else gives him any airtime.

[satsuma1] 19/7/2018 13:51

Who the hell are you talking to? There isn't anyone called Sonic on here.

[money4me] 18/7/2018 15:33

i think you mean drill in ...ha ha ha

[donkey40] 18/7/2018 15:16

Operations Update:
“In advance of this planned work, long lead items have been ordered and drilling rig selection is progressing with drilling of the first of the pods scheduled to begin later this quarter. Note that the rig required for these pods is a larger unit than the core drilling rig mentioned earlier and therefore is being externally sourced.“

So they reckon they will source a larger rig than the recently arrived core rig, and that this will clear customs and be onsite and start drilling before end Sept. good luck with that then - seems their 8 years so far hasn’t taught them much yet about Africa time.

409m shares in issue - still no award, getting round to drilling and a long long long way from any finish line. Dig in boys, dig in.

[bountyhunter] 18/7/2018 14:52

don't think so

[ifthecapfits] 18/7/2018 14:41

Apologies if this has already been questioned/answered.

Will there be a payment for lapsed rights?

TIA

[bountyhunter] 18/7/2018 13:36

Core drilling rig has now arrived on site.

"Owning the core rig and gas testing equipment is expected to greatly reduce the cost of Tlou's core-hole drilling and allows the company more flexibility and control of proposed coring operations."

[donkey40] 18/7/2018 08:53

Is anyone seriously of the opinion the RFP retender has not been delayed?! Really !!!

Check the meaning of the word delusional - I posted it last week. FGS come on, get real

[money4me] 18/7/2018 07:40

yes correct. but if we dont hear anything and TLOU indicate it is not happening as soon as thought it will be perceived as a delay. TLOU say it is coming soon. so where is it. if the next update is just another "its on the post " statement that can only go on for so long. what will prop the share price up for the rest of the year until drilling results come though

[ginko3] 18/7/2018 07:28

money - how can it be delayed; we haven't been given a definite timeline for it?

[money4me] 18/7/2018 06:43

yes. TLOU need to monetise the asset or get interest in the reserves. otherwise they may as well dig a hole and chuck money in it

[donkey40] 17/7/2018 23:11

The RFP is already delayed. They presumably should be issuing the retender soon - however what if they give say 6 months to resubmit (even though Tlou say they don’t need so long) &/or then take another 4-6 months to review and award (given the tender to appoint OE and TA). Then the PPA needs to be negotiated and the project get properly funded before development work starts. That could be 18 more months from now before development starts and 30+ before first power. And power is only 10MW.
They got to keep spending on drilling and salaries and other overhead - maybe the Govt is simply hell bent on bleeding the life out of Tlou (and Sekaname) such that they can’t keep surviving for ever and a day.
I am not saying this is what will happen - just that it could happen. All this nonsense about supportive Govt and great relations etc sure has not been validated by events of the past 12 months now has it ?! Plenty of risk still here ahead ....

[money4me] 17/7/2018 20:18

the only downside i can see is if the RfP gets delayed or cancelled. certainly wouldn't inspire confidence lets get drilling

[billyboychrisd] 17/7/2018 15:49

Can't see the time stamp but looks like one big big buy went through today. Definitely hit the bottom in this share and now just waiting news to give us some impetus.

[speccy1] 16/7/2018 17:19

Great to see the open offer shares appear in my account today. There was no problem applying for excess, so I couldn't resist the opportunity to increase my holding by 30% at 5.75p. Bargain!

If the reserves continue to increase, the value of this resource will become clear. I don't care if we build a power station or not. The value to shareholders comes from the value of the reserves imo. Anything else is a bonus.