Tlou Energy Share Discussion Threads

[blisters] 07/9/2018 13:24

And when the share price = 1P, is that the time to sell?

[andrewsr] 07/9/2018 12:22

They've clearly stated 2P reserves are enough to get going, obviously with a small risk, which their financial backers will be OK with. The initial facility, according to their latest presentation, will be just 2 MW anyway, just to prove it's commercial, then it's a walk in the park to scale it up to 10 MW, 100 MW or whatever suits their 2P reserves, which will be increasing at the same time.
You can't develop energy resources with absolute certainty, i.e. 1P reserves, otherwise nothing would ever get off the ground.

[satsuma1] 07/9/2018 11:09

Crikes that’s one hell of a poorly written sentence

[donkey40] 07/9/2018 09:06

Good for you Parrot. Had you waited though you could pick some up under 6p. Still I can already tell you talk first and think later ( that part not immediately obvious though).

[the manini] 07/9/2018 06:52

I do think for myself eey aww that's why I'm buying when you're telling everyone to sell!

[donkey40] 07/9/2018 06:36

In previous interviews and podcasts, the company has said the fastest route to market is the 100mw RFP. So yes another delay there isn’t likely to be well received by the market. 4m traded in AIM post announcement, yet only 250/- traded today in ASX. The light trading on ASX is surprising - maybe then AIM oversold.

What continues to confuse though is the regularity of mixed messaging by the company. Eg 10 v 100, although this recently resolved;
Also RFP quickest route to market, yet when the speed bumps on this occur they are quick to emphasise other offtakes are imminent. They have been imminent since news of tender cancellation - and 7 months later .....

Maybe talk less, say more lessons can be learned now. Maybe living every step of the journey through RNS and with Justin Waite isn’t the best strategy. But the next VOX for sure will be fun - I wonder who from management gets to appear on this. And who’s fault will it be this time...

[the manini] 06/9/2018 23:59

Eee aww why you here? Saving us poor souls from our own stupidity? How very noble of you and for no financial gain whatsoever! You should get a job with UNICEF or OXFAM or maybe start your own charity SAVE THE ELEPHANTS

[andrewsr] 06/9/2018 22:53

28 BCF required for a 10 MW project over 25 years, so with 40 BCF 2P reserves, they have enough gas for a 10MW project as confirmed in recent interview with CFO and company presentation. Agreement with IPC to develop and finance the 100 MW project, so clearly 10 MW wouldn't be a problem to finance.

[donkey40] 06/9/2018 19:53

Do you actually understand the significance of elephants being shot like that in Botswana? Clearly not.

I suggest those of you invested in Tlou start paying a serious amount of attention to the politics going on there now. It is a problem and not one that will resolve quickly or without drama. If Khama can engineer a way back - write off your CBM investments.

So says a stupid olde donkey.

[donkey40] 06/9/2018 19:49

Apparently ham and cheese is really nice toasted, mr panini. Hope you choke.

[donkey40] 06/9/2018 18:51

Thankfully a few new posters out today.

The ‘sheep’ all seem to think Sekaname is the cause of the delay. FFS - don’t be stupid - they submitted along with Tlou last year so I would expect they are as good to go as Tlou.

Bythesea - given your comments today, no sympathy for you and your predicament. You listened to the wrong people; seems you still are. Good luck - hope it ends up ok for you. Be prepared for a Long wait.

Zippytrader - spot on.

Buzz - as usual, Clueless. Is he the FD perhaps ...

[the manini] 06/9/2018 18:11

The government extending the process for 4 weeks makes no sense to me and surely if that were the case tlou would have mentioned that in the RNS. If however the local company requested this extension (which makes far more sense given that the nature of the tender process had been altered and calrified) then tlou would not be at liberty to say.

[satsuma1] 06/9/2018 17:53

Well I mean you can make the possibility of success fluffy but the make the negatives sound like fact...

[andrewsr] 06/9/2018 17:34

They seem to be delaying to suit the other bidder. Tlou should just get on with a 10MW project and sell the power to whoever wants it and then fit in the RFP to suit their resources.

[money4me] 06/9/2018 17:05

pretty poor. must remember that the government have no real interest in TLOU share price or whether they need to raise cash.investing has risks and reward

[satsuma1] 06/9/2018 17:03

Not sure either way sadly but I’d lean more towards it being the gov at feult here

[wheniamfree] 06/9/2018 16:54

Perhaps gov, perhaps sekaname - would be good to get some clarity

[the manini] 06/9/2018 16:52

So you're suggesting that the Botswanan government have delayed the tender submission date by 4 weeks. For what purpose?

[satsuma1] 06/9/2018 16:14

not so sure. Both parties were ready for this a year ago. then delays etc etc. I don't believe the other party genuinely need more time. Not enough has changed to warrant either party needing to make any huge changes to the submission