Tlou Energy Share Discussion Threads

[donkey40] 21/3/2019 20:07

Nah, tomoro will come and go and not a word will be spoke. Just like the last 1, 2, almost 3 years since CBM was gazetted by Parliament. An already slow process is moving even slower thanks to politics being the main game in town currently.

Khamexit is their equivalent of Brexit. And he hasn’t yet started to negotiate his ‘deal’, so that has a ways to run as well. Early April for the Kang Congress - we won’t hear until at least 2 weeks after that. Probably longer....

[liartidd] 21/3/2019 19:36

Big day tomorrow. Disappointed that some think I'm related to donkey. Very big.

[wheniamfree] 21/3/2019 11:03

Why are you talking to yourself?

We all know you are one in the same.

Get help.

[donkey40] 21/3/2019 08:35

Don’t be stupid LiarTidd. It has always been a one horse race. In the bag. Throw the dog a bone. Blue sky ahead time.

[liartidd] 21/3/2019 08:19

Smell a big rat here. Not having it we put the application in wrong. TG is to smart for that. I think somebody in the gov was giving the opposition time to get a bid together. TG was very diplomatic about it on YouTube smart. Here's hoping but that smell is pretty strong.

[coley15] 20/3/2019 17:21

You think what you like lad.

[liartidd] 20/3/2019 16:22

I see we have a comedian on this board. I'd like to think of you more as D/H.

[coley15] 20/3/2019 15:11

No. Jog on

[liartidd] 20/3/2019 15:00

Has liartidd and buzzy change their names on lse?If so can somebody tell me the new names please. I would like to monitor that pair of low life's. Thanks

[money4me] 20/3/2019 14:05

Boom upwards we go

[donkey40] 20/3/2019 13:54

I think you should enter Mastermind Windy, and I can be your specialist subject. You would do really really well since your research on me is as impeccable as your research on Tlou.

Even my wife is warming to you since you like paying her special attention. Keep up the good work!!

[donkey40] 19/3/2019 23:54

How very kind of you. Yup very chirpy these days, thanks. For a variety of reasons; none of which you and your mates are astute enough to fathom. GLTA and most importantly of all, remember DYOR !!

[mgellie] 19/3/2019 22:10

Donkey, are you happy with life pal? You always seem so down and miserable. Feel for you, really I do

[donkey40] 19/3/2019 18:12

Have we not been watching it for over 3 years .... I love the way Tony reassured everyone that the Financials will be ok - at the Govt price for electricity. Is that the ex-gate Morupule price, which runs at a substantial loss. Or the price paid to purchase from SA, which is higher again? Electricity is massively subsidised in Bots, but hey let’s gloss over that for now since all that matters is getting an award for ‘up to 10mw’, pull in $15m Capex, build and power up. Easy !!

[ftangftang] 19/3/2019 10:16

A good catch up this morning with Tony at Tlou .... a busy Q2 ahead
*VIDEO - TONY GILBY*
#TLOU @TlouEnergy

Q2 'the one to watch' for Tlou Energy as it approaches key milestones

[donkey40] 19/3/2019 09:51

Windy - I am sure you are reading Lekka posts on LSE about the 2015 tender for Orapa gas conversion.
Remember when you and your chums accused me of lying about Orapa? So if I was lying now then, I assume you will challenge Lekka now and put the record straight. (I can post a copy of who said what back in 2017....just in case you have short term memory loss)

[donkey40] 18/3/2019 18:05

Strong gas indications were observed while drilling;
Initial water flow is similarly very encouraging;
Drilling program carried out efficiently and safely as a result of the excellent work of the field personnel;
Intersected a grassier trend based on an extensive geological review of ....;
It is a significant achievement to ... drill using own equipment...;
Very importantly... a significant amount of gas was observed bubbling from the production wells;
This may be very significant for future drilling campaigns and .... may provide the key to unlocking significant amounts of new gas reserves;
Furthermore the good initial water flow .... is potentially indicative of good permeability and therefore potentially good gas flows in this geologically high-graded area;

And then the sentence that matters:

The wells will continue to de-water over the coming weeks with first indications of controlled gas pressure increasing anticipated in 2Q19.

All the preamble of could, would, may, potentially, is the usual disingenuity they try to spin in every utterance.

[money4me] 18/3/2019 08:33

Progress appears to be fine. But no real value to be added yet. We need the tender agreed and gas upgrade so we can see where money is going to be made

[wheniamfree] 18/3/2019 06:43

Thanks ftang for sharing. Early insite into the RNS from ASX.

Donkeys response - classic as ever “I don’t have an agenda, honest!”

[donkey40] 18/3/2019 02:06

Hahaha Buzz / Ftang / Stubble
Who do you think u r kidding ...
Are you really suggesting, after 2 years of pumping, that we should believe the tosh you just posted, we should believe you.
Man that is sooo lame and sooo sad!!

But good to know I am on semi-filter.

You useless waste of space !!!!

[ftangftang] 18/3/2019 00:18

Tlou Energy Limited, the ASX, AIM and BSE listed company focused on delivering power in Botswana
and southern Africa through the development of coal bed methane (“CBM”) is pleased to provide an
update on the status of field operations at the Lesedi CBM Project (“Lesedi”;) in Botswana.

Highlights
 The two development pods (comprising three wells in each pod) have been completed and are
de‐watering prior to controlled gas being produced;
 Strong gas indications were observed while drilling and initial water flow is similarly very
encouraging;
 All wells in the current program have now been drilled with expenditure to date in line with
budget.

Field Operations
Tlou Energy has drilled all six wells which comprise the Lesedi 3 and Lesedi 4 development pods (each
pod comprising one vertical production well and two lateral wells) as part of the recent field drilling
program. The drilling program was carried out efficiently and safely as a result of the excellent work of
the field personnel. The Lesedi 3 and 4 development pods are located adjacent to the Company’s
proposed central gas gathering and power generation facility. This is in a geological region that has
intersected a gassier trend based on an extensive geological review of the sub‐surface using all
available geological and production data to date.*
Prior to starting the program, the Company purchased a significant amount of drilling equipment
which enabled Tlou to control costs and timing of the program. The net result is that the drilling
program was completed on time and in line with budget. This is a significant achievement and
demonstrates the Company’s ability to deliver a cost effective and timely program in the Kalahari
Desert.
Very importantly, when the lateral wells intersected the vertical production wells, a significant amount
of gas was observed bubbling from the production wells. This occurred on both the Lesedi 3P and 4P
intersects but particularly on Lesedi 4P. In the Lesedi 4 development pod, the Company targeted the
upper portion of the coal seam. This may be very significant for future drilling campaigns and, when
combined with recently evaluated structural trends, may provide the key to unlocking significant
amounts of new gas reserves.

Tony Gilby, Tlou’s Managing Director, said “I am very encouraged by the recently completed drilling
program and in particular the strong gas indications observed to date. Furthermore, the good initial
water flow, which is higher than that previously observed at Selemo, is potentially indicative of good
permeability and therefore potentially good gas flows in this geologically high‐graded area.
Completing the wells in a timely manner and on budget was a great effort by the field staff and they
are to be commended for their achievements.”
The wells will continue to de‐water over the coming weeks with first indications of controlled gas
pressure increasing anticipated in 2Q19.