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TLOU Tlou Energy Limited

2.30
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tlou Energy Limited LSE:TLOU London Ordinary Share AU000000TOU2 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.30 2.10 2.50 2.30 2.30 2.30 44,367 08:00:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Leather Tanning & Finishing 0 -4.24M -0.0039 -10.26 43.06M
Tlou Energy Limited is listed in the Leather Tanning & Finishing sector of the London Stock Exchange with ticker TLOU. The last closing price for Tlou Energy was 2.30p. Over the last year, Tlou Energy shares have traded in a share price range of 1.35p to 2.57p.

Tlou Energy currently has 1,076,536,717 shares in issue. The market capitalisation of Tlou Energy is £43.06 million. Tlou Energy has a price to earnings ratio (PE ratio) of -10.26.

Tlou Energy Share Discussion Threads

Showing 9176 to 9197 of 9800 messages
Chat Pages: Latest  368  367  366  365  364  363  362  361  360  359  358  357  Older
DateSubjectAuthorDiscuss
20/8/2020
09:22
1.99 in, hi
frankie83
18/8/2020
09:53
Excellent - you probably won’t post again then.

What I find weird though is that you think posters are here to read about your thoughts on bikes and personal titillation. Stop posting such complete and utter sh1te.

donkey40
18/8/2020
07:20
"Bots deposits are better than any he had worked with previously" ??????

I don't recall his ever saying that.

"The prospects are better" is what I remember. Less red tape and a price up to $30 instead of $10-$12, with much less competition made perfect sense.

Terrible night on ASX. Looks like 4 partial fills of one sell of 200k shares dragged the share price to 3.4c and then 3.3c after a buy at 2.19p and 2.2p in London yesterday and Monday.

I'm done with trying to stimulate the LSE board into activity - I found a website that has 3 Russians and a Romanian girl and they make me smile. Apart from a few 50p into a beer glass for dancers in Shoreditch pubs at lunchtime, I have never paid for titillation. The website takes 50% of subscriptions per token bought, so you pay 10p per token for the girl to get 5p of it. So to put 50p in the online beer glass costs double. I put in £50 in a few days which hurts on one hand, but feels stingy on the other.

It is happier than seeing Valentino Rossi get almost wiped off the earth in the weekend GP though. 2 bikes collide at 200mph, one stays upright and flies along the gravel trap before hitting an air bag which stopped it crossing the track with riders approaching! The other bike slid across the gravel and did cross the track millimetres behind Rossi's bike! And, within a fraction of the second, the first bike exploded on the air fence and flew across the track in two pieces missing Rossis head by a couple of feet!

I'm retiring from posting on here to until we have something from TLOU to discuss.

I'see if there is video of the crash in the meantime. I taped it but lost my recording when my BT recording box rebooted to factorysettings on Sunday night! I locked the race (assuming it stopped accidental deletion) for the first time. I don't know if that was responsible because the screen was blank.


OMG, there is loads of coverage how did the Morbidelli's bike get through the gap between Rossi and Vinales bike during a few milliseconds? See for yourselves if you're brave enough to watch. Nobody was injured badly -.......



Still photo of the bike between 2 riders ....... 8th wonder of the world imho

cherrylady
14/8/2020
23:41
Try taking off the rose tinted glasses;
Try waking up and smelling the coffee;
Try to realise the train wreck unfolding in front you in slow motion that is destroying your investment/savings;
Try realising the Aussies are out of their depth in Botswana and are likely going to leave with nothing other than bitter experience and a much thinner wallet;
Try get a proper night sleep instead of wasting your time wondering about ASX spread;
Try accepting you made a mistake, rather than deluding yourself it will all come good in the end.

donkey40
14/8/2020
21:35
It's all relative mate! Try reading Einstein.
cherrylady
14/8/2020
10:48
“ It is hardly rocket science.”

You really do think you are special, don’t you Brad.

donkey40
10/8/2020
08:53
According to documents before Parliament this week, government is proposing P14.5 billion for funding under a final version of the Economic Recovery and Transformation Plan (ERTP) and another P22 billion as the cumulative budget shortfall from 2020/21 to 2022/23.
Finance and Economic Development minister, Thapelo Matsheka is asking legislators to approve the new funding as part of the revised Mid-Term Review of NDP 11, with the ERTP as an addendum. The Mid-Term Review contains government’s planned projects and policies for the balance of NDP 11 to March 2023, with the ERTP essentially reprioritising and accelerating these. Members of Parliament (MPs) will on Monday debate the new proposals, which include a list of priority infrastructure projects and policy initiatives designed to promote export-led growth, improve the efficiency of government spending and financing, develop human capital and boost investment in infrastructure.

According to the documents before MPs, the ERTP will require P500 million to be spent this year, followed by P7 billion in 2021/22 and another P7 billion in 2022/23. The Finance Ministry estimates that the budget, meanwhile, will suffer deficits of P13.1 billion this year, P8 billion in 2021/22 and P446 million in 2022/23.

Spending in the period to 2022/23 will be focussed on economic clusters such as agriculture/beef, tourism, financial, business and information technology services. Projects have been identified in digital transition, SME development, health and education as well as productive infrastructure.

Projects include infrastructure and utilities in the area around one of the dams in the north-east Botswana to attract horticulture farmers and livestock feed producers, resuscitating the Zambezi Integrated Agro-Commercial Development Project, tourism facilities around dams such as Gaborone Dam, funding commissioned creative work and supporting manufacturing.

Other projects include maintenance of major roads supporting economic activity, upgrade of Gaborone roads, establishment of dry ports within the country and boosting renewable energy.

Government will limit withdrawals from the foreign reserves in order to maintain their use as a fiscal buffer. Funding from external financiers such as the IMF, World Bank and AfDB will be used as a last resort, according to the documents in Parliament.

donkey40
05/8/2020
04:45
Tou showing 3.2 cents on ASX.

M/miner - what do they know that we on AIM don’t? With all those fabulous names associated here with Tlou, how can the market be so stupid and allow such a prolonged suppressed share price?

It’s only a matter of time until everyone sees the light - right?

Wrong !!

donkey40
04/8/2020
12:37
Wrong again Miner - Mott Mac issued or were included in a Tlou presentation in 2018 on state of electricity shortage in Bots and wider region.

Come on lad - I expect better from you ! And please keep up with latest developments (if you want to impress folks ):

100% black women-owned and -managed civil and structural engineering consulting firm Malani Padayachee & Associates (MPA) and investment holding company Motseng Women Investments have acquired 100% equity of Mott MacDonald Africa, the South African engineering entity of Mott MacDonald.

donkey40
03/8/2020
11:33
Gabs back on 2-week strict lockdown. SA Covid starting to escalate out of
Control. Govts globally starting to speak about second wave in Sept/Oct. No progress on BPC 2mw interim PPA. No progress on appointment of ALSF to negotiate the 100mw tender PPA. No progress on BDC funding (no point mentioning the other parties, since they don’t exist).

The only other constant in our lives is puppy dog Brad still posting to justify Tony’s lack of progress....

donkey40
02/8/2020
11:53
I remember the days when Covid meant a podcast with Andrew Scott .... Covid-20 will be very different to Covid-19 I hope. Andrew will have a script about funding being granted and paid , or will that be Covid-21? Perish the thought.
cherrylady
30/7/2020
16:22
GG either has or can be given authority to act /sign on behalf of the relevant company.

In any event, the company said they were waiting on BPC for a meeting.

Soon be game set match Brad. Hard lines old boy!

donkey40
30/7/2020
14:22
"Power Purchase Agreement (PPA)

During the quarter, the Company agreed an interim 2MW CBM Pilot PPA with Botswana Power Corporation (BPC) which is viewed by the Company as a major step forward. Regulatory approvals have been completed and the Company is awaiting a meeting with BPC to sign the PPA."

"The headline says they have an agreement; the detail says not yet."

Not imo Donk!

"Rachel Riley

I would marry Rachel Riley like a shot".

No way does that say she would, far less has done the evil deed (bigamy) , marry me , and I don't see any difference in the contexts!


Back in the real world, I wonder if an agreement can be signed and witnessed in Australia, and separately in Botswana? GG might be able to sign on behalf of TLOU maybe?

Going back to marriage, I think the signing of the register is the only thing that officially marries two people?
So both partners, the registrar and witnesses have to present themselves where the register is.

cherrylady
30/7/2020
10:55
My thoughts from a very unsatisfactory report:

“The company agreed an interim 2MW CBM pilot PPA with BPC” …..and …. “the company is awaiting a meeting with BPC to sign the PPA“. The headline says they have an agreement; the detail says not yet. Not the first time they report like this.

“The interim PPA facilitates connection to the power grid and first revenue for the company“ - fine. But what happened to all those other Offtakes talked about over the years….

“A pathway to revenue generation is key for the company“ - no sh1t sherlock.

“With a PPA agreed and a generation licence, the Lesedi project has been largely de-risked“ - what about gas flows rates? These seem to be being ignored when making this assertion about project risk ……

Transmission line way leave application - we were told this was approved and agreed previously but in today’s quarterly report that the line is still “(subject to compensation agreements)”. Call me stupid, but how can you claim something is agreed when compensation amounts for use over the land have not yet been agreed, never mind paid. Begs the question - how much are these likely to add up to. Not forgetting Management would have us believe the project is “largely de-risked “ …..

10MW tender - no mention at all about appointment of ALSF. Instead a new variable introduced today saying “the tender is currently being assessed by the Attorney General’s Chambers in Gaborone” and “adjudication of this tender may be delayed due to covid“ and “the company has not been provided with an expected timeline for when final award of the tender will be confirmed“. First, has the Transaction Advisor ALSF been appointed, and if not, why not, and when will they be and when will they start their work? Second, why are the legal eyes of the AG looking at the 10MW tender? Third, what is being adjudicated upon? Tlou were awarded Preferred Bidder status for their 2mw, or 10mw, Bid in June 2019. So either there is more to the award of the 100mw tender process that we have not been told about or management are just clueless on the various approval steps and processes. We were told it had been awarded; not I don’t know what to make of what we have been told ....

Lesedi 3 & 4 “have now produced gas for many months with sustained gas flow rates having been achieved” - yet no mention on the detail. If the wells were delivering anywhere economic flow rates, knowing this Management like to share good news, the detail of this would have been released. Yet many months later they still prefer to not disclose such detail - Why might that be ?

“It is anticipated the drilling of additional wells in the area will facilitate the dewatering process“ - so they have introduced the need /likelihood that additional wells will be needed for the 10mw PPA. Or, more scarily, are they saying more wells are going to be needed for the 2MW PPA ??

Lesedi 4 - "Bringing a pod back on-line should not take too long given the current understanding of the production process gleaned from the comprehensive data base acquired.” This is childish waffle…...

Covid - previously, everyone in Govt and Ministry was busy working. Today, they are “operating at reduced capacity”. Make up your minds please.

Transmission line - “once connected to the grid and generation assets are in place……. Tlou can ….. deliver first revenue from electricity sales”. We are now being told the "detailed design and engineering" work will take "a number of months to complete” and then Tlou will invite "short-listing bidders to tender for Construction” of the line. Forgive me, but the words spoken pre the A$3.0m fund raise implied this work was far far far more advanced than the detail provided here in today’s quarterly report.

Project finance - no comment to make on this just now. Principally because I dont believe a word anymore the management team here speak.

Why provide the detail of 513m shares in issue + options at 4 cents + Lesedi /Mamba + Boomslang leases - as usual, just padding out the published report to make them look bigger than they actually are. Lucky they are awaiting environmental approval for Boomslang, since they will have to spendIng money there once the exploration plan is approved.

After so many years of talking things up, maybe the elephants are not the only thing mysteriously dying in Botswana…̷0;. Total shambles imo.

donkey40
30/7/2020
09:38
No, might have to revise that to 1.3p :-)
ginko3
30/7/2020
08:47
M/Miner on LSE says - “ I don't think the bank managers care whether we earn the money during the day or during the night, frankly.”

Miner, me old chump, the bank manager does worry that ‘we earn the money’ sometime......

Ginko - did you expect your chance as soon as this morning....


For those smart enough to figure out the trilema facing Govt of Bots. Trying to extricate itself from being a ‘captured state’ is going to take a long time, and frankly it is by no means certain they can pull it off.

donkey40
30/7/2020
08:00
No significant moves towards commercialisation can be expected for the rest of this year then, I predict another opportunity to buy in at 1.75 p will present itself in due course. . . and all the while the number of shares in issue climbs . . .now half a BILLION
ginko3
30/7/2020
07:03
Here come the chickens coming home to roost. Let’s see how the LSE lads explain away this morass of jumbled up waffle.

Sub-1p here we come.

donkey40
29/7/2020
23:41
If Botswana capital markets require that the private sector pays the cost of the Govt development agency due diligence costs, then truly that is at complete odds with the mature, ethical part of the world. And Bots will struggle to attract any serious FDI going forward.

So, in short, No I do not for 1 second expect Tlou to have to pay for BDC cost of due diligence.

So why are Tlou mgmt saying what they say ....?

The other recent change they made is adding engineering to the ‘detailed engineering and design’ of the 66kv transmission line. Whereas at launch of the fund raising it was just the detailed design of the 66kv line.

These aussie pirates are a tricky bunch !

donkey40
29/7/2020
21:15
"what costs (other than salaries for mgmt team) will be incurred whilst BDC conduct their due diligence ?"

Well, I may be reading this wrongly (I hope I am!) but does this mean Tlou are liable for the BDC's due diligence costs? (from the Entitlement Offer RNS):

"Once the term sheet is signed, due diligence covering commercial, technical, legal, reputational, environmental, social and governance can be completed. The costs of this will be borne by Tlou."

py494
29/7/2020
12:38
More compelling evidence that Tony, M/Miner and LSE loons don’t have a clue about life in sub-Saharan africa. Taken from a Moody’s recent report:

The outbreak will trigger a recession in Africa that could have long-lasting negative economic and social consequences

We have significantly reduced our growth forecasts for the African sovereigns that we rate in response to the coronavirus crisis (see Exhibit 1). Botswana (A2 negative), Namibia (Ba2 negative), South Africa (Ba1 negative) and Mauritius (Baa1 negative) face the sharpest declines in real GDP growth because the impact of domestic restrictions on economic activity and the impact of a fall in global demand on key sectors such as tourism and mining.

For almost all African sovereigns, the border closures and broader lockdown measures have significantly slowed small-scale trade across Africa, which is a crucial source of income and employment on the continent. With 86% of the population employed informally, the scope for government intervention to protect jobs1 and incomes is limited.

The fall in commodity prices and ……weak global growth is weakening demand for diamonds, with production cuts to support prices resulting in a significant slowdown in Botswana's diamond sector. A decline in international demand will also weigh on Namibia's mining-dependent economy.

Growth is set to resume later this year in concert with the rest of the world, with a further uptick in growth in 2021 as lockdowns ease. However, consistent with our expectations globally, the recovery will be slow. Moreover, there are risks that the economic crisis leaves a longer-lasting negative mark on Sub-Saharan Africa's economies than we currently assume. Low incomes and wealth, and shallow safety nets may deprive households of the capacity to absorb income shocks to a greater extent than we currently assess. Meanwhile, small banking systems may present an even greater constraint to the supply of credit that would support companies' cash flow. Overall, the pandemic raises the risk of deep and sustained financial distress that constrains growth for many years.

The significant downturn in economic activity is having sizeable consequences for the already limited amount of revenue African governments generate from their economies. At the same time, fiscal stimulus and other policy measures are increasing deficits, although the scale of these packages has been small given limited fiscal room for manoeuvre.

Some governments have increased capital expenditure, as a means to provide stimulus to keeping infrastructure and other construction projects running during lockdowns. While this will support growth and continue expanding the provision of much-needed infrastructure in Africa, it will widen fiscal deficits and increase fiscal pressures.We expect financial deficits will be widest in Mauritius, while South Africa, Zambia, Namibia, eSwatini, Botswana, and Egypt will also post significant deficits around 10% of nominal GDP.

The coronavirus shock has led to a financial squeeze in emerging markets and in particular frontier markets. The effects of this change in conditions are worsened by the need to borrow even more than usual to finance growing fiscal deficits. Among our rated African sovereigns, seven will witness a greater than 5pps increase in gross borrowing requirements: Mauritius (14.4pps), Namibia (9.1pps), Gabon (7pps), Botswana (6.4 pps), Mozambique (5.9 pps), Republic of the Congo (5.4 pps).

donkey40
29/7/2020
09:11
Interesting and subtle change in proposed use of funds raised:

Additional details: To fund detailed engineering and design of the proposed 66kV transmission line to connect the Lesedi project to the electricity grid; due diligence costs in relation to the provision of development funding for the Lesedi project; field operations; and general working capital.

Anyone care to hazard a guess at how much will be used to pay salaries? And whilst we are guessing, what costs (other than salaries for mgmt team) will be incurred whilst BDC conduct their due diligence ? Will this endless disingenuity in their messaging ever end...!

donkey40
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