Tlou Energy Share Discussion Threads

[donkey40] 07/1/2019 18:24

Did you get IT up Buzz

This may surprise you Windbag - the only people making this about Tlou v KMR is you and Buzz. Waldorf and Statler that is.... I will post my comments on KMR on that board, and those on tlou on this board.

Delighted there is some interest at long last - it means the punters are getting excited again which is good. Whether it means the RFP is imminent is an entirely different matter - my eye is fixed on the macro politics unfolding there currently.

And I can promise you this - if the Courts decide this week or next that Khama has not in fact resigned as President, then watch the proverbial hit the fan..... coz that will end up being unbelievably messy and basically a lost cause of a terrific country.

[ftangftang] 07/1/2019 16:31

Well....that was fun Cheers Ft ft

[msufi77] 07/1/2019 15:58

went short ouch

[wheniamfree] 07/1/2019 15:53

Like KMR hey Donks.. destruction of 98% loss down to 1p, consolidation of 200-1 and now back below 1p again.

You stick with your convictions well all stick with ours.

[msufi77] 07/1/2019 15:51

cant buy any nt trade only p thry want wats going on here

[money4me] 07/1/2019 14:51

Problem is the value of these companies can go up and down 50% with no real change occurring

[donkey40] 07/1/2019 14:43

As usual, when one starts, the other isn’t far behind. And these words of wisdom from Windy - the guy reporting a serial liar to FCA, Interpol, and Office of President.

‘The only people angry at you for speaking the truth are those invested in the lie’

As for everybody getting hard again - it is testing 5p level FFS. It used to trade 10p and above - yet here you all are back whimpering like pups in a litter. FFS wait for something meaningful to develop and baseline itself.

[wheniamfree] 07/1/2019 14:25

“Ginko- this is not about my ego. This is about revenge on the cheerleaders“

You mean people talking about their investment - forgive us.

Get over yourself and move on, your wasting your time and everyone is laughing at you. As you said, let’s talk about Tlou - don’t want to contradict yourself AGAIN do you.

[thebigbadone] 07/1/2019 13:06

Momentum building nicely over the last fews sessions. Was wildly oversold in my opinion (although low ball raise didnt help matters of course!). Look forward to the tender result of the RFP being announced any day/week now, which will of course be in our favour. I'm quietly confident we'll see double figures by end Q1. It gets banded around a fair bit we are definitely approaching a news rich period here.

[donkey40] 07/1/2019 12:25

Great article - but pretty much irrelevant to getting CBM going in Botswana.

And if gas in Bots is to be used for LNG, then Tlou are behind Kalahari Energy in this race per the December 2017 article. In fact, when LNG was first mooted in Bots, Tony was asked on a Friday pm conference call with retail investors when he was in London - and his answer showed he knew nothing about it. If Tlou had anything concrete, like even a Letter of Intent to supply their gas, you can be sure that would have been stated in a news release. Since it hasn’t, fair to think they are either not at the races on this one or are well behind in the queue.

Keep IT up.

[ftangftang] 07/1/2019 09:48

The Mozambique LNG project sells out

The co-venture participants in the Mozambique Area 4 project have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, said downstream plant operator ExxonMobil



interesting
cheers
ft ft

[ginko3] 07/1/2019 09:34

YOU ALL HAVE A CHOICE . . . . USE THE FILTER BUTTON BUT FFS STOP MOANING ABOUT DONK IT JUST FEEDS INTO ITS EGO

[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.