Tlou Energy Share Discussion Threads

[donkey40] 28/7/2018 14:10

Agree. So then my second point - Sekaname stay engaged in the process wasting their time and Govt time if they have no gas?!

Duh

[satsuma1] 28/7/2018 13:32

I mean to be fair Donkey, the government did invite 2 companies to bid that they knew didn’t meet the criteria required and thus killed the first bid process... not the brightest

[donkey40] 28/7/2018 10:39

“Except Sekaname have no gas”

What a stupid fool. The Govt knowingly invite a company to tender for a gas to power contract knowing one of the 2 invitees has no gas. Or if the Govt doesn’t knows this, the company itself stays engaged in the process but it has no gas.

It is hard to find a more stupid comment than this anywhere. A wonderful example of the idiotic followers of this company.

[donkey40] 27/7/2018 21:51

Buzz - how about you post something of relevance. Just once. And just to say the obvious, pretty much all of us have migrated into the digital era; no longer a need for mailman to deliver links to RNS, announcements, podcasts and Vox to our Inbox. These already come by default. Check it out sometime.
Hope this helps.

[wheniamfree] 27/7/2018 21:17

Excellent day today and now a rise back towards recent highs.

Work program for 6 production wells all funded and a short deadline for RFP submission.

As has been the aired here many times, it always was a delay and just a matter of “when” not “if”.

[pauliewonder] 27/7/2018 19:11

Good to see today's RNS after what was a very positive podcast on VOX. Ready for another top up in a couple of weeks when money clears. Feeling very positive. Good luck all holders.

[donkey40] 27/7/2018 18:06

Here is hoping we will get some clarity on the parts of the original tender which are now removed. Anyone got any ideas on this aspect?

I assume top of list is no longer the required for either invitee to be an existing CBM producer. That probably pkays into credit rating requirement somehow - good coz a qualified audit report on basis of material uncertainty means a low (or no) rating outcome.

Since the 100MW is a pilot project, this surely means approvals and licences can follow at a later date, given the purpose is to prove that Botswana has can be extracted and used commercially to generate power.

The abbreviated submission date of 12th September also suggests the technical aspects are largely unchanged.

Let’s hope Govt makes progress appointing the OE and TA, otherwise the bids will sit in an Intray until that human being is in situ.

Still plenty of potential for further delays, but at least things are moving again.

[donkey40] 27/7/2018 18:06

Here is hoping we will get some clarity on the parts of the original tender which are now removed. Anyone got any ideas on this aspect?

I assume top of list is no longer the required for either invitee to be an existing CBM producer. That probably pkays into credit rating requirement somehow - good coz a qualified audit report on basis of material uncertainty means a low (or no) rating outcome.

Since the 100MW is a pilot project, this surely means approvals and licences can follow at a later date, given the purpose is to prove that Botswana has can be extracted and used commercially to generate power.

The abbreviated submission date of 12th September also suggests the technical aspects are largely unchanged.

Let’s hope Govt makes progress appointing the OE and TA, otherwise the bids will sit in an Intray until that human being is in situ.

Still plenty of potential for further delays, but at least things are moving again.

[donkey40] 27/7/2018 15:57

Em, all that happened today was the retender document was issued - 5 and half months after they first announced (saying then - in a few weeks).
Happy that everyone has had their spirits lifted. Roll on 12th September 2018; remembering the original tender was submitted 21st September 2017 (after 2 delays).
Anyway, I think we are on for an award announcement pre-Xmas. Hope so anyways !!

[donkey40] 27/7/2018 15:52

Always on the money Windy ! It is amazing how clever you are

[donkey40] 27/7/2018 14:07

Great that the retender moving again. Can anyone point out where Tlou have said they are applying for anything different than the 10MW as per first time around? Please surprise me here - I will be happy to be wrong on this.

Also don’t forget Sekaname get 12.5% of Tlou has sold at well head. That is a 25% delta assuming they both get 50 each (except Tlou ain’t applying for 50, so how could they be awarded 50...).

Who else am I supposed to be now? Y’all continue to amuse me.

[ginko3] 27/7/2018 13:57

I'm surprised by the muted share price response to the news though.

[ginko3] 27/7/2018 11:23

but that is nothing new and something that TLOU has had to deal with all through its existence. The BOD must have a very good understating of this and while that doesn't mitigate the risk . .it should be well understood and estimable / quantifiable.

[ftangftang] 27/7/2018 09:54

Botswana was the 33rd lowest out of 178 countries in terms of how corrupt its public sector was perceived to be. Botswana has the highest score in Africa

[cezary] 27/7/2018 09:23

Depends on how much bribes they have to pay to corrupt African gov officials!

[ftangftang] 27/7/2018 09:14

when
fyi
i wrote my post without seeing yours
cheers
ft ft

[money4me] 27/7/2018 09:12

almost anything that results in selling gas is a winner. but if they are so far ahead then thry should be getting the better deal. employment of locals etc

[ftangftang] 27/7/2018 09:10

a 50/50 split would be just fine
and fair ...
give each company an equal chance to deliver
no problem
cheers
ft ft

[wheniamfree] 27/7/2018 09:09

Supercity even if they are awarded 50mw that is fine, originally the tender award was a 50/50 split.

The reason for the consolidation to 100mw in my opinion was to give the opportunity to split the award fairly for example give Tlou 70 and sekaname 30 since they are so far ahead.

We shall see, it isn’t just one or the other imho.

[supercity] 27/7/2018 09:03

Let's not get too excited just yet - those that were holders last year know these deadlines are likely to be extended and then the process seemed to take forever.I don't like the fact that the second company is local - mate of a mate kind of thing, I really hope not but I have a niggly feeling the locals are going to be looked after here whether they have the best tender or not