Tlou Energy Share Discussion Threads

[adorling] 11/10/2018 06:11

donkey 😂😂😂 such a sociopath!

[the manini] 11/10/2018 05:46

It's not my 'interpretation' it's in black and white in the RNS the bid is for a coal bed methane power plant UP TO 100MW. So they'll start small and gradually ramp up production as/when needed/required. Factors that affect that scale up will include (but not be limited to), demand, cost of infrastructure, market price of the fuel, reserves/flow rates, time, political will, etc. etc. but the most important thing is winning this first contract and getting connected to the grid for the huge potential benefits of the power sharing agreement across southern African nations.

[donkey40] 11/10/2018 00:06

So your interpretation of this is Tlou are bidding for how many MW ?

[the manini] 10/10/2018 22:49

Tlou Energy Limited... has submitted its response to the Request for Proposal ("RFP") from Botswana's Ministry of Mineral Resources...for the development of UP TO 100MW of CBM fuelled pilot power plants in Botswana.UPTO 100WW it's there in black and white!Tlou's proposal involves the development of a CBM Gas-to-Power project in stages with an INITIAL development of up to 10MWAn INITIAL development of up to 10MW is planned. This will start with the first 2MW of power which can be expanded as further drilling is conducted and additional gas becomes available.Are you not reading this EY AW? Or just trying to spin it in a negative manner for your own ends?No information is available about the other bid so we don't know what their plans involve and they don't even have the relevant licences let alone a credible plan/means to fund!

[donkey40] 10/10/2018 22:22

Usual quality from Buzz and McGoo - zero, nada zip about Tlou.

I see no reason for 2mw to turbo-boost the share price

[donkey40] 10/10/2018 22:19

Sats - they have listed on 3 exchanges now and spent most of that cash raised. I don’t believe they pay themselves unreasonable salaries - but now that you ask, I will look through Annual Reports for a sense of the % of cash raised spent on Management salaries over the years.

But as answer to your first part question - of course they don’t exist just to pay employees salary. But looking back and because of the delays, so much of the money raised has been spent on salaries.

As to my suspected reasoning - everyone generally starts with good intentions, Tlou included, of making returns for shareholders. Progress was much slower than no doubt planned - costs money. But their messaging has imo consistently been over-hyped and disingenuous. And once started, it’s tough to back track.

By way of example - they claim to be most advanced CBM player. Yet Sekaname are bidding apparently for full 100mw and Tlou initially 2mw. They got to have some skills, capability, resources, etc. 2mw bid is inconsistent with their oft stated dominant position. Only reason Tlou claim most advanced is coz they make a big thing of EIA and ML. If Sekaname don’t yet have this, maybe it isn’t so necessary so early in project delivery... Just a thought.

[mgellie] 10/10/2018 21:56

When backed into a corner best send blisters in!! Eeeawww

[blisters] 10/10/2018 20:09

Fair Do's Sats. You are, of course, correct.

[satsuma1] 10/10/2018 20:04

Blister i know it was you, if you read things properly you'd know i never said Donks asked me the question. And again, you yourself said it was a rhetorical question for me to ponder so i had no reason to respond. Is english not your first language?

[the manini] 10/10/2018 19:26

It's a bit of a pity the news landed on a day when the AIM index as a whole fell 3.33% otherwise I think we could have moved up considerably more. I'm sure we will do going forward as the general market improves. Anyone know if we will hear if the other bidder gets a proposal in?

[blisters] 10/10/2018 19:20

Naughty Sats. It was me that asked the question: What is the worst thing that could happen to Tlou Energy? And you still haven't answered the question. So, now that you have asked yourself that question and had ample time to ponder the possible worst case scenarios - what is your answer Sats?

[satsuma1] 10/10/2018 18:35

Donkey having berated me for not answering a question a week or so back (even though it had been a rhetorical one), can you not follow your own rules and answer my question?

[mr.oz] 10/10/2018 17:33

Too much energy and board time expended on this tool.

[mgellie] 10/10/2018 17:25

So why are you still interested? If it is that bad why don't you just elsewhere. Would love to know why you would expend so much energy on a company you see so many failings in.

[donkey40] 10/10/2018 17:04

Well why don’t you guys tell me why Tlou, after 9 years of presence, is bidding for 2mw now and growing this to 10mw.

That says a lot about its strategy to me. Yet to get to this place in time, the company is listed on 3 stock exchanges, raised and spent how many $’m of shareholder funds? And how much of that is paid out as salaries - not too hard to work out if you can be bothered investigating.

400m shares issued now; likely be closer to 1 billion before they have any project of any consequence tomshow for it. Either you see it - or you are sheep bleating on-message like all the other sheep....

[satsuma1] 10/10/2018 16:26

Donks in your opinion does the company just exist to make the employees some salary money before disappearing? Or what is your suspected reasoning for all this if you believe there’s no chance of success and targets too small etc?

[donkey40] 10/10/2018 16:07

Forget CNG, LNG, fertiliser, and all the other woffle - the main game in town here is Orapa 90mw switch from diesel to gas.

To deliver 2mw of power to Serowe will require a 100km transmission line. Anyone have a clue how much that will cost?

You guys will believe and swallow pretty much anything.

[mr.oz] 10/10/2018 15:22

Plenty of discussion, PR opportunities and newsflow to come, now.

[ifthecapfits] 10/10/2018 14:05

and thinking about other ways to monetise the asset - albeit early days::

"In addition to selling power through the RFP process, should that be successful; the Company is also in discussions with groups in Europe and China with interests in developing Compressed Natural Gas or mini-LNG facilities. The development of a fertilizer plant using Tlou's gas has also been proposed. These discussions and proposals are at an early stage so the viability of these potential projects is uncertain at present."