Tlou Energy Share Discussion Threads

[npwharf] 08/9/2018 11:27

Mdalos1, hard to tell on this BB if people are being serious anymore or just come on to wind people up, but assuming your post is genuine I’d suggest you do some more research into what 1P, 2P and 3P actually mean as you’re fairly wide of the mark.

[donkey40] 08/9/2018 02:00

Oh man - this is fun.

[andrewsr] 07/9/2018 21:46

You need a basic understanding of probabilities and the meaning of 90%, 50% and 10% certainty of commercial extraction. If you want 100% certainty of what's there you would need to drill 1000's of holes in the ground, so instead they base their decisions on probabilities, why bother with 2P or 3P reserves, if it's of no value or use to anyone?

[blisters] 07/9/2018 18:07

You mean like this one sats from 15th May?

And let's not forget Whendy, that TLOU has no revenue. TLOU has no firm plan to achieve revenue. TLOU has no funding to achieve said firm plan to achieve said revenue. All this non-achieving after NINE YEARS of FAILING. What a PATHETIC state of affairs. And then there is the TLOU does not FRACK and TLOU does not cause EARTHQUAKES.
Boy you Gilby FANBOYS must have unlimited access to crystal meth. Then we have the Botswana Power Corporation who have stated on 3 seperate occasions that COAL and RENEWABLES are the sole sources of ALL of Botswana's future power needs. Why? because they employ thousands of Botswama citizens and CBM hee-haw. Then we have the number 1 MOU with GE - result? NOTHING. Then we have the number 2 MOU with GE - result? NOTHING. Then we have the certain valuation of your shares in TLOU - result? NOTHING.
This share is toxic.

Guess what NOTHING has changed - ha ha ha!!

[inthepub] 07/9/2018 16:28

Ive been on lots of BBs over the years and ive seen all sorts of posters rampers derampers very clever people and some who haven't got a clue.But this BB seems to have posters who are not invested have no intention of ever being but come on for some reason to trash the company and put fear into people who have hard earned money invested here.Ive no idea what people get out of it as its like bullying someone you don't even know.Strange how some people get their kicks.

[andrewsr] 07/9/2018 15:25

They were ready to start on a 10MW production facility nearly a year ago, so presumably they were taking a different view to the risks they were prepared to take to make a start. The other party don't have any reserves at all, so their risk management must be even more stretched.
1P is 90% certainty and 3P represents 10% certainty of commercial extraction, so if you add up all the probabilities, including 3P, that's about 59 BCF.

[andrewsr] 07/9/2018 15:08

2P reserves are 'probable', which equates to 50% certainty of commercial extraction, not 90% 'maybe', which is meaningless. I agree with the intention to convert 2P to 1P, but that doesn't mean they need every CF proven to proceed with the development. There will always be a calculated risk associated with proceeding to production as they've indicated in their latest presentation.

[the manini] 07/9/2018 13:00

eye aww the quantity I want necessitates buying above and below 6p I don't p1ss around with a couple of thousand shares. Often you see posters like yourself post all day long, worrying and fretting over every tenth of a penny movement and subsequently you find out they've got a couple of thousand or a couple of hundred invested! You post all day and apparently have nothing invested even funnier! Ive been trading and investing since you were a twinkle in ya old mans ball sack and I done pretty good so far so you keep reporting on elephants and ill stick to making money

[satsuma1] 07/9/2018 12:53

blisters, as ever your posts continue to lack any research, knowledge or usefulness. Don't agree with everything Donkey says but at least he shows knowledge and posts links and articles etc. You're like the kid that stands behind the bully at school shouting "yeah!" after anything the bully says

[mr.oz] 07/9/2018 12:47

It's a HOLD for me.
Not going to add yet but looking to do so as we move through the next weeks

[blisters] 07/9/2018 12:24

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

[andrewsr] 07/9/2018 11:22

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 10:09

Crikes that’s one hell of a poorly written sentence

[donkey40] 07/9/2018 08:06

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 05:52

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

[donkey40] 07/9/2018 05:36

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 22:59

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