Tlou Energy Share Discussion Threads

[fishguts] 07/4/2020 00:04

Techtrend

Lol, is it a case of great minds think alike or fools seldom differ.

You and I appear to be on the same page on this one.

[techtrend] 06/4/2020 23:58

Nearly 20M shares changed hands in the last 2 days, that's a serious volume for this share. Given that has come off record lows in the share price it is very significant going forward.

Having game changing news off these low levels means buyers will be happy to buy up to levels much higher than 2.7p. Infact in AUS they were already paying the equiv of 3.2p yesterday.

When financing lands with hopefully minimal dilution these should really shift. Given the CEO holds 20M+ shares from much higher levels I don't see him doing a dilutive deal. Thats why he's been pushing for a 2MW pilot to get connected to the grid. Once the electricity is flowing into the grid, financing for the following 8MW will be cheaper - hence less dilution.

I don't think many people realize what a dire situation Eskom are in and that Botswana's power comes from two sources - dirty and expensive diesel generation in country and imported coal fired energy from a rapidly failing power company called Eskom in South Africa.

Read this to start with

How long will they have energy to export to BW?

[fishguts] 06/4/2020 23:58

Perhaps its a question of price.

Throughout my life it has always amazed me how much supply appears when the price is right.

Are you observing the machinations of Eskom?

The long run of selling power below the cost of production seems likely to end sooner rather than later.

[donkey40] 06/4/2020 18:51

Fish guts - I have little doubt the finance will arrive from somewhere, sometime. Mgmt credibility is firmly on the line now though given how they have bigged up finance from BDC (primarily) or elsewhere. In what time frame though is the 64m dollar question.

What I reckon some people are not critiquing or challenging is the ‘poles and wires’ needed to evacuate the power generated.

The distance from Lesedi to Serowe is 100km apparently. So 2,000 poles if 50m apart. How quickly can that all be put in place?

But everyone seems to focus on getting connected to the grid - for 2mw of power. Is that all??

AT WHAT COST ?

[fishguts] 06/4/2020 18:02

Well surely that just comes down to whether finance for poles and wires arrives in the next little while. If yes well were off to the races?

[techtrend] 06/4/2020 14:33

Tlou Energy's Tony Gilby interview on interim power purchase agreement

[donkey40] 06/4/2020 11:44

Wonderful that some consider a 2p, 3p or even 4p a share some sort of victory.

And as Tony so eloquently said on Proactive - the temporary PPA SHOULD ......

Best wait and see whether it DOES ...., as we have all been up that path many times before.

So Lesedi 3 is a disaster and Lesedi 4 continues doing whatever it is doing. Expensive mistake.

[cherrylady] 06/4/2020 11:30

New podcast

[cherrylady] 06/4/2020 08:28

Donk, our battle and war is over.

Please return my arrow when you get it out of your eye.


Only one of us is credible here - 10 hours from the obvious you still spout the most bigotted tripe ever uttered by any moron in this world. Whizzer is now on board I feel and you are a hopeless cause.

Good luck getting your penny shares!

[donkey40] 05/4/2020 20:46

BradSmith = Nugacity = Cherrylady = one rather deranged, delirious and delusional idiot who seems to have a love affair (in his own mind) with Tony Gilby. He posts endless stupidity mostly about personal life stuff and occasionally something on Tlou. If he read it on the internet, then it is gospel. If it paints TG or Tlou in a positive light, it is gospel. He gets most of his information from the hired hands that exist in the Tlou Twitter group. This group includes persons paid to promote Tlou over these past 4+ years, and members include MinorMiner, Tidd_83 (had personal problems develop at exactly same time share price collapsed from 18p in early 2018), Buzzardstubble, Tomcorvid, hejhog, Andyforster, thechukkers, and numerous others).

BradSmith is fixated that flow rates from Lesedi 3 and 4 wells, currently dewatering (as informed by Mgmt) must produce commercial rates of gas Before the Govt /Ministey will fully engage with Tlou on the PPA supporting the RFP for the 100MW of power generation tender that was issued in January 2017 and which had progressed incredibly slowly since.

There was no mention by Tlou in the past 3 years 3 months of the need for Tlou to demonstrate any amount, commercial or otherwise, of gas flows. Yet BradSmith, in his charming pig-headed and mullish manner maintains his position - Govt are waiting for Tlou to demonstrate commercial gas flows....

As if Govt would have any clue on what is or is not commercial flows of gas...

The following 3 points are relevant in response to this issue:

1. If Govt needed demonstration of commercial gas flows, then why invite Tlou and Sekaname to tender to the RFP?

2. If demonstration of commercial gas flows was a Govt requirement of the RFP, then Tony would have said this very clearly and very explicitly long before now.

3. If demonstration of commercial gas flows was a Govt requirement, then the Minister of Minerals would have said so in his recent Supply Speech.

Anybody that knows anything about how Independent Power Producers operate in practise know that Govt issues a tender and agrees the commercial Terms of the tender and leaves the How to the IPP. And if the IPP cannot fulfil the terms of the agreed contract, well then ... that can be an expensive lesson they learn.

[cherrylady] 05/4/2020 20:02

blisters
2 Apr '20 - 21:25 - 8254 of 8263

A very fine and balanced post Donks.

Is Wacky Gabakke and Colm Clueless still signing on for big pay cheques in order to achieve precisely nothing?

Does Gilby still claim that "flow tests do not matter" as he stated 3 years ago?

How long before this company goes bust and investors holdings are valued at precisely nothing?

Your guess is better than mine.

Farewell Donks. You have played a blinder utilising nothing more than the facts and the truth.

Me? I am 5 days into self-isolating. Very mild symptoms thus bored and thought I'd just check in here for the last time.

Life is too short to be posting on these Boards.

Dontcha think - Donks?

[cherrylady] 05/4/2020 13:49

I've been to a vicars and tarts party .... not quite the same apart from the booze.
I'm back on the beer after my experience with rum earlier this week! I've always avoided drinking spirits because they don't come with toilet breaks tthat interruppt the booze. Starting with all my medicines (7 tablets a day) was not smart?

[fishguts] 05/4/2020 11:19

Lol, not familiar with gurning, if eccys were a thing in my youth no doubt it would be but alas booze and custard tarts is the extent of my sin now days.

[cherrylady] 05/4/2020 09:21

Ticked your post fishguts, but I had to look this up first :O)

5. get a guernsey Austral to be selected or gain recognition for something

and from there confirmed what looked very likely to be this ...

Austral.
1. Australia.
2. Australian.

I guess it means 'replace an ordinary cow with a guernsey cow'?
Once Tony says, "let them eat cake" , we'll have clotted cream for our scones?

The concept of negative interest has always blown my mind , but I fully expect BPC to fund us and the PPA will be be geared around a compromise that suits us and the govt.

I always thought the govt kept Sekaname in the race to keep us real.
These other funders are there as a reality for sure, but I suspect TG is using them to to reciprocate.
This project belongs in Botswana and I hope it is kept totally within their borders.
Dealing with one African country is more than enough to cope with imho.

Fishguts, are your familiar with gurning - I thought your post was referring to that originally.
It is what I am doing to donk at the moment :O)

[donkey40] 05/4/2020 08:58

Yes - correct FG. And I first read something along those lines in the 2009 ASX listing document.

[fishguts] 05/4/2020 01:37

I presume with so much stimulus money being launched across the planet and interest rates turning negative, I expect any project with even the slightest chance of an above average return to be able to get a gurnsey now.

Back that with the near certainty of ESKOM demise, I expect things should be ok for Tlou.

I think the line stating that potential funders have been waiting for this is of some import, otherwise why state it.