Tlou Energy Share Discussion Threads

[donkey40] 07/1/2019 08:55

The naive garbage posted by the armchair Buffets in days gone past really had no clue what was happening on the ground in-country:

‘The questionable transactions between the DIS bank account and the Serowe North Development Trust started after 2008 when president Khama ceased being area MP and ascended to the presidency.
The DCEC is also sitting on a docket against the Khama brothers which was put on mothball at the instance of the former president. Former DCEC Director General, Tymon Katlholo confided to colleagues that Lt Gen Ian Khama interfered in investigations by the graft buster involving his twin brothers Tshekedi and Anthony.
A Wikileaks report states: “Although the DCEC has taken appropriate steps to prevent and prosecute corruption, questions have emerged regarding the extent of its independence. During the August 8-10 conference of regional anti-corruption agencies, for example, DCEC director, Tymon Katlholo, acknowledged that Batswana often believe that the DCEC focuses on petty corruption and ignores corrupt practices by the wealthy and influential.’

And another article in local press there said over weekend:

‘ If we ever allow ourselves to come so close to the brink of a cliff, we may not survive it next time. Dictatorships have been born out of the most liberal democracies. And dictators have this in common; they always want to have a hold on the power controls. Botswana has become a fading shining example of democracy, and we need to recover from that negative aspect of ourselves. We are warned!‘

If anyone is smart enough to listen - nobody there is in any apparent rush to award the 100mw CBM RFP or even to rush on with the 100mw solar RFP for that matter either....

But meanwhile, over on the sunny side, Buzz and pals continue their merry kidology that drilling continues and news is just around the corner.... Inwonder if he has got over his Sunday meltdown drama... Poor fella, he is badly affected following this one .....

[money4me] 06/1/2019 22:18

How long a break were they having? Let's get this moving

[mr.oz] 06/1/2019 12:46

What a boring thread

[donkey40] 05/1/2019 13:46

Andrew - if those other opportunities are so easy to pursue, why allow the company to be hamstrung along by Govt and their ever-changing mood and approach to CBM power generation. Your post totally glosses over this point, making it sound like Tlou can simply pick and choose whatever use of their gas they fancy. That is so far from reality sadly.

And yes the market for energy is greater than all the CBM in Botswana could satisfy - has been for many many years. Yet the gas remains 500m stranded below the surface - the question is, as always, Why??

Gilby isn’t looking to supply gas to end market; he is looking to unlock the blockages preventing a viable and vibrant gas economy get going in Botswana first, and thereafter it will be for others to supply into the local Bots market and perhaps farther afield under the SAPP. All the fancy words in Tlou presentations, interviews, podcasts and news releases are simply that - fancy aspirations.

Reality is Govt and Ministry has CBM in a neck lock, with no way out for Tlou, Sekaname or Strata until such times as Govt is minded to allow. And sadly that could be a good while yet - BERA in under a cloud of scandal and poor governance; Owner Engineer and Transaction Advisor have not yet been appointed (and no sign thereof); RFP surely cannot be awarded without input from 1 or both of these Govt appointees; once they are appointed how many more months do they require to get settled; then RFP is awarded (finally); then the PPA needs to be negotiated with Govt support underpinning which will likely be a massive challenge as Govt will try to limit their commitment here and Lenders will say No Way (how many more months wrangling); then the money will flow to allow first power production project to kick off.... The amount of work ahead is substantial and mostly new to the people in Bots so it will take time time and more time....

And long before that, Tlou’s cash on hand currently will be long spent. The market is not stupid; probably neither is Tidd, Buzz and Windy; there are so many suckered retail punters in here now they will cling to any message of hope that things will soon come good.... They may come good, but probably not for a long time, and how many more shares will be in issue by then ...

Gilby and team are drawing their salaries at 100% or 75% or maybe even 50%. Tony, Solomon, Colm and a few more offshore plus GG, Danny and drill team onshore - progress here has been sooo damned slow, real meaningful progress I mean (not fancy Skype calls with Proactive Inv and news releases rehashing the same old story board) - I would be pretty sure Tony et al are starting to wish they had never come anywhere near Botswana and it’s CBM. There is still a long way to go - there has to come a point where they say do we continue putting in more good $$ after the bad.

Buzz and his mates will post and say anything that suits to get others to stay put or add to holdings, as they try to exit with funds intact or losses minimised.

As I have always maintained - sheep, cliff, fall. I challenge anyone to claim otherwise !!

Welcome to reality and HNY.

[andrewsr] 05/1/2019 11:22

We should see completion of the 3 gas production pods, a reserves/resources upgrade and the result of the RFP this quarter, so plenty going on to move the share price. Even if not successful with the RFP, it would free them to pursue opportunities where decisions take a lot less than 18 months. The market for energy in southern Africa must be far greater than TLOU and the other coal bed methane producer could ever hope to satisfy, so IMHO demand/supply in their favour for the foreseeable future.

[mr.oz] 05/1/2019 07:52

Give yourself a break donkey. The rest of Bots has.

[donkey40] 04/1/2019 22:08

Wiltshire - ignore the unnecessary noise.

Good news is not far away - care to elucidate..... It would be nice if somebody here actually posted something we could all discuss

[wiltshireram] 04/1/2019 18:11

My first check in here for months. I see this board is still monopolised by a bunch of silly, bickering children.

Good luck to all TLOU holders, good news is not far away.

[donkey40] 04/1/2019 16:58

Is that what you call it Buzzybins.... Keep IT up, maybe you will make someone happy.
Good to see you called the start of the uptick - nice couple of days up 4p to near 5p. Nice.. mind you, we have been here before eh. Is this our time ....
Good to see you and Windy/Dingdan still got your thing going on.... Seems you are inseparable - filter together, hibernate together, post together, unfiltered together, ... really sweet guys, sweet..

PS a bit of volume and price rise - and our 2 resident hecklers are still heckling a donkey. Cool.

[the manini] 04/1/2019 15:50

hello bit of life here after all...!

[wheniamfree] 04/1/2019 14:49

“He really is a good egg, and good to see he has finally found a purpose in life now in addition to his excellent work of ‘cut n paste’ interviews and links. Things generally work out in the end and people do find their level.”

As opposed to a silly beggar who spends 3 years of his life posting on various forums for a company he does not hold and doesn’t know much about.

I’d say you were speaking Irish but, well.. you know.

[donkey40] 04/1/2019 10:52

Good to see this new year starting strong - with price trending higher these past few trading days. Not much volume but surely that will come. Still will close today below 5p v this day last year at 16p. Oh dear, but let’s all look forward not back ...

On that, good to see Buzz working hard on HC keeping everyone informed on mindless matters as well. He really is a good egg, and good to see he has finally found a purpose in life now in addition to his excellent work of ‘cut n paste’ interviews and links. Things generally work out in the end and people do find their level.

Is it great - we might finish the week testing the 5p level.... Exciting times ahead

[donkey40] 03/1/2019 18:31

Tony better hurry up and issue some news or have yet another PI call as I can see our resident librarian is getting testy elsewhere. He clearly needs to cut and paste some words for everyone to read.

Windy - I am done with you now, as I found someone even more stupid than you to pick on.

[donkey40] 02/1/2019 19:23

Toilet roll has more useful purposes that what you post here! Post something relevant about Tlou - just once ...

[wheniamfree] 02/1/2019 16:48

The level of irony in that post is comical, let’s begin at paragraph 1.

[wheniamfree] 31/12/2018 09:24

Donks - the share price will do what it wants to do. The story is still the same and will shortly likely be a hell of a lot stronger. So let me remind you, a small cap can rise just as fast as it has fallen.

In the mean time many of us have been making a killing elsewhere in the market, leaving Tlou to simmer whilst focusing on other stocks.

You have spent your whole time here preaching rubbish to others and regurgitating dross whilst your precious beloved KMR has fallen through the floor. Guess Tidd knows what he’s doing after all..

Pre-consolidation levels now so actually back sub 1p in old money.

No issues with my research thanks, kept me in the game this long and just pulled another 150% elsewhere whilst you’ve been moaning.

[wheniamfree] 30/12/2018 09:53

Festive period and it’s still on here.

I sympathise for the wife and kids, still I suppose it’s self declared “lifes work” is never done.