Tlou Energy Share Discussion Threads

[cherrylady] 23/5/2020 01:35

I imagine the water is pretty useless considering it's source.
Granite might be good enough for breweries and bottled water but saturated coal?
The water goes into evaporation tanks for good reason - easy storage is one aspect a water company might prefer?

The gas is being flared so it is unlikely to be an issue because we want to burn it and it burns.

I'm repetitive because my stance backs the party line and it is very simple.
It looks totally believable and I topped up twice today to guarantee my frequent trader price of £3 per trade for June. My main worry is Covid lockdowns - if we cannot get the guys we need to progress the CBM wing , there will be plenty of redunadant workers in Botswana who'll be able to play with meccano sets on ground level and build a solar farm. I'm hoping you are right , that it will be poles rather than pylons, if CBM remains on hold long-term, because that sounds like manual labour. TG has every angle covered imho.

Solar and poles are both very suited to social spacing - I'll be shocked if lockdown applies to the wilderness of Lesedi and the route to Serowe.

TLOU energy must be the simplest company to get your head round - you just have to trust in the board! The mistrust stems from the fact that start-ups are renowned for failing before getting near their goal. That is fact , AVN, SXX , USOP and POS have all taught me that. Jim Glickenhaus , lost millions on SXX but that looks very complicated compared to TLOU. We hardly have any moving parts - just some stategically placed holes and channels to route the gas to generators , and some fixed wires to shift it to the grid.

I am convinced that TLOU will be the exception to the AIM rule of thumb failures.
I invested in 5 companies expecting at least 1 to come good. SXX and POS are history in my portfolio but the other 3 are not dead yet , 2 are delisted from the FTSE and need a miracle - TLOU need very little! Just Mr Moagi to keep his word on the PPA and BPC to honour their funding , as directed by M.

Once funding is in place for CBM we'll be in the groove for a long player, more wells , more power ad finitum for decades! I am still dubious on Solar because I don't understand why it is a new industry in countries like Botswana. The sun is hardly a new phenominum in Africa so why wasn't coal replaced by solar as soon as solar panels came out? Thre has to be a very good reason. We know it is a part-time solution so therefore coal or gas or wind is needed for the solar downtime hours - and if you have to build those then why not use them 24/7 as businesses? That makes sense to me. Thanks for being cool of late .... your opinions in this mood are worth considering but I won't be worrying until July passes and news is still not forthcoming from TLOU about funded progress. FG is still filtered and I dont care what he has to say after his foul-mouthed posts last week. Totally uncalled for imho.

[cherrylady] 22/5/2020 19:44

Delays? Lack of progress?

We have locked down the site to the minimum we can afford to run and need to resume operations from Australia and Ireland with no visits! We don't know how much expertise is available to GG in Botswana itself.

I'm hoping the shutdown hasn't affected the figures for the PPA that was tantalisingly close in Colm's view! If so, that just requires a date when we can actually deliver some power to Serowe, our first commercial power.

It is a fairly safe bet that poles and wires will be the final piece of that jigsaw.
If negotiations have been ongoing and the date is known,plus the volume and costs for producing power are not significantly altered, the PPA may be complete next week and Heil Gilby will become TLOU's new greeting :O)
We have stopped dewatering #3 so in truth I am expecting that to be reopened and improved to justify our figures in the draft PPA - I may be a dreamer but I'm also a realist - what business can survive a world pandemic with no irritations?
You'd written off 2020 and some or more of 2021 - I think 2020 still has a lot to offer. And your 1p share-price is even more unlikely if Covid behaves itself in Botswana - the threat has not disappeared that is the only certainty here!

[donkey40] 22/5/2020 00:08

It’s always all about you FG. Never about Tlou in your posts. Do you know what they do ....

[cherrylady] 21/5/2020 21:04

Many a true word is spoken in jest :O)

You could lose your virginity! Don Quixote was the answer to a question today.
The highest no. of copies sold. I think? Who'd have thought a book of fiction would be so popular?

[donkey40] 21/5/2020 19:59

Great. Fantastic news. There is now absolutely no reason or excuse for the PPA and funding to not get wrapped up in record quick time. Get out the bunting; garden parties are planned. Blue sky ahead and to Infinity and beyond.

Anyone want to hazard a guess at what the next reason things don’t get done will be ??!!

[cherrylady] 21/5/2020 15:52

Nothing a tap on the neck won't solve Donk.

The time for action is nigh .....


COVID-19 Pandemic
Botswana Ends 7-Week Lockdown
By VOA News
May 21, 2020 07:26 AM

Botswana’s 48-day lockdown ended at midnight Wednesday after gradually relaxing restrictions aimed at slowing the spread of the coronavirus in the diamond rich southern African country.

All businesses and schools are now cleared to reopen under government guidelines, including individual temperature checks, use of face masks and regular sanitizing.

COVID-19 Task Force Coordinator Dr. Kereng Masupu said in a news briefing that depending on the coronavirus disease pattern, a return to lockdown will remain an option.

Meantime, people returning home to Botswana will undergo mandatory quarantine and the ban of foreign visitors remains in place.

Botswana confirmed 29 COVID-19 infections and one death.

Reuter’s news agency said the Botswana's government set aside more than $400 million to help absorb the economic impact of businesses suspending operations, including the prized diamond industry, which had no buyers coming into the country because of travel restrictions.

[donkey40] 21/5/2020 10:57

Only poster scaring them away is you - reading your endless fantasy whilst all the while nothing happens.

Btw, I was right about dilution. Several times. And more ahead. I was right about share price. It will trade again below 2p.

[cherrylady] 21/5/2020 10:39

Ginko, he definitely frightens people off posting!
At least he has in the past - he has been quite the gentleman of late - but he won't enjoy being described as such.

And he is not alone of course. TG supporters must be too gentile to post , there must be hundreds on here who have enough commonsense to hold or buy more because they believe in TG.

Being described as a paid ramper or cheat for trying to manipulate prices for personal gain should be abhorrent to any decent shareholder. Better to stay out of it for most?

[cherrylady] 21/5/2020 07:40

Share price is down because of people like you saying there is going to be civil war, Khama is going to have a coup, our gas won't burn, TG never actually made $4BN for his shareholders in his two previous ventures, that TLOU are not the leading CBM force in Botswana, Sekaname, Anglo, Strata, were all to to beat us at various times in your nightmare, that dilution is coming , that other bodies are not willing to consider funding us, that the price is going to be 1p or less, that Colm is clueless, Tony is no saint , et al ..... all brilliant research - NOT!

Unfortunately TLOU shareholders include some who believed your twaddle and others who persistently undermine TG's authority by any means. And then there are those who believe the other extreme spouted my MM. The vast majority are frightened to show their faesces (mistyped faces but the cap fits!, so left it in) in case they are ridiculed.

My stance has been to defend the board against unfair criticism, and anybody else come to that. The delays (instead of a quick buck) are bound to unsettle shareholders. Watching your stake disappear even moreso.

If you'd been in TG's shoes. I'd like to know how you'd have realistically have improved upon TG's performance. Either he is a brilliant con man or he is absolutely trustworthy. Brilliant either way imho? He says he does not want to dilute the share price further, so he is going to rely upon debt , relatively small debt because of his phased approach. And ever reducing repayment rates as each phase reduces the risk to lenders. It is fairly obvious he wants to keep his building of the company in Botswanan hands. I have little doubt that funding is close from neighbouring countries but just dealing with Botswana has been arduous enough - so full marks for keeping it in house. Mr Moagi has gone beyond his brief to put things right for us, after his apology for his country's mistakes under the earlier minister, roll on June!

Aussies will be more familiar with the man than us - the main reason the ASX price is always higher than the London price - they wouldn't take less that 8.3c last night (4.471p) - so no trades overnight.

Closed at 5.9c (3.178p) a few minutes ago , in line with London.

[donkey40] 21/5/2020 05:40

Share price 3p, down over 50% from 2017 when the Govt first invited Tlou and Sekaname to respond to the 100mw tender. Fact!!

[cherrylady] 21/5/2020 01:37

Of course it is!

I listen to Tony, I listen to Colm, I listen to Moagi, I listen to Masisi , and I listen to you!

Four of those speakers make perfect sense and the five of us, I suspect, discount your and Whizzer's version as completely wrong!

Gee , would the Govt apologise to a company if it was all the company's fault?
Get real - quote facts instead of factoids and I might think you are worth a response.
Currently, you are not!

Business as usual is expected to be restored by end of May in Botswana.
If we are included, June will be busting out all over imho! I'll reconsider your opinion if nothing progresses in June, but I reckon loads will be happening!

PPA signed, funds found , work resumed , solar panels feasibility follow ups.
I am expecting you to see TLOU in a new light!

[donkey40] 21/5/2020 00:56

You are not countering anything. You are just posting the fantasy running round your head.

Listening is not your strong point!

[cherrylady] 21/5/2020 00:33

Except I am countering your and Whizzer's factoids?


You both claim TLOU has misled us on the imminent PPA and funding and refuse to budge from that rubbish. TLOU believed the Govt were tantalisingly close to signing because they were! Covid put a stop to the Govt signing , Govt will re-open the possibility of them signing.

1. TLOU are dependent on the Govt relaxing lockdown to be able to resume their plans.
2. TLOU are dependent on the Govt signing the interim PPA for BDC to release the funds and enable their plans.
3. TLOU need to revise their anticipated delivery date for connectivity once point 1 completes.
4. TLOU need to revise their anticipated volumes and prices after point 2 completes.
5. The Govt can then sign the PPA.
6. BDC can issue the loan depending on point 4.
7. Lucky 7! We are back in business!

Currently the the ball is in the Govt's court! It is as plain as the rain in Spain!

[donkey40] 20/5/2020 22:38

Bored reading your personal opinions and ramblings Brad. Really bored! Just not interested - sorry. You just don’t add anything to the conversation.

[cherrylady] 20/5/2020 08:08

OMG, Donk and Whizzer are so alike!
TLOU say it how it is - it was perfectly true - we were virtually there!
Interim PPA very close with the funding to follow.

The price, volumes and dates were needed for the PPA to be signed imho.

I reckon the volume and price was a little bit tricky because of the fluctuating gas flows but there was a will to get it done - and I'd hope they could have worded the PPA to allow for the range of power we are capable of producing.

And then Covid struck, forcing us to shut down operations to the minimum because funds would run out.
Directors took pay cuts and they got our finances to stretch to 3 quarters (9 month) to keep ASX happy - a serious danger sidelined for a few months.

We have done all we can to secure the PPA , and so have the Govt.

Nobody in their right mind would expect BPC to agree to a deal with us in our current state of lockdown. Dewatering continues at a slower rate but is hopefully improving.

Once lockdown is eased TLOU plan to increase the number of pods to speed up dewatering and to put in the poles and wires, with the full PPA in mind no doubt.

The interim PPA can be completed with the estimated date to complete the poles and wires. The installation of a generator or two will be sooner judging by Selemo.
The state of dewatering is more or less immaterial for the interim PPA because it very existence allows for whatever power we can produce.

THEN AND ONLY THEN can the PPA be signed?

[allinforabigprofit] 19/5/2020 17:07

Should Tlou, just take control BPC? Solve a lot of problems privatise the company.

[donkey40] 19/5/2020 01:49

Your imho is wrong - look at the facts / reality / history. Moagi told BPC to get on with the PPA HOW MANY weeks ago ?? If he had the kudos you grant him, there would not be this delay. Guess what - there is a delay.

[cherrylady] 19/5/2020 01:26

Company Background
​​​;​​̴3;Botswana Power Corporation, a parastatal utility which was formed in 1970 by an Act of Parliament is responsible for the generation, transmission and distribution of electricity within Botswana to areas approved by the Ministry of Minerals Resources, Green Technology and Energy Security.


parastatal
Also found in: Financial, Wikipedia.
par·a·stat·al (păr′<1;-stāt′l)
adj.
Owned or controlled wholly or partly by the government: a parastatal mining corporation.
n.
A company or agency owned or controlled wholly or partly by the government.


When I say govt I include cabinet, the Ministry , BDC and BPC et al.

Mr Moagi TOLD BPC to get on with the PPA.
They have reached the end imho - just need a start date and some simple arithmetic to reach an end date. TLOU are very much in cahoots with the Govt and I think all sides are raring to go. Just need lockdown to ease and they'll have a better idea of timetable according to the new rules of lockdown.

This is not new ... insufficient gas flows , revised RFP and now lockdown are responsible for the delays , not the personnel involved, all imho of course!