Tlou Energy Share Discussion Threads

[the manini] 11/4/2022 23:16

I think it's pretty clear you're not actually looking to find out anything about tlou. Just here to bash, hence no further engagement.

[nugacity] 11/4/2022 18:19

SupeA your numbers need some research as Manini suggests. You don't have far to go!


"Gas production from the Lesedi 3P and Lesedi 4P wells for January 2022 amounted to 1,413 Mcf (thousand cubic feet) equivalent to (~250 BOE). Average daily production is approximately 56 Mcf (~10 BOE). These wells are dewatering in isolation and gas flow rates are expected to continue to increase, potentially significantly, when part of a full field development. We plan further production and exploration drilling in due course aimed at expanding gas production and to increase our gas reserves even further. Our current 2P gas reserves stand at approximately 41 billion cubic feet (~7.2m BOE). "


January 2022 amounted to 1,413 Mcf (thousand cubic feet)
++++++++++++++++++++++++++++++++++++++++++++++++++++++++

That is 1.4 MILLION in January alone!
56,000 per day is 20.44 Million cu ft per annum.

Those figures are from wells that have yet to be fully dewatered. Further wells will dewater more quickly if Lesedi follows the normal pattern (which it did not on #3 #4 and #5 compared with Selemo which dewatered in a few months).

Trillions of cu ft with Boomslang and Mamba to come at some stage.


"Tlou has the only independently certified CBM gas reserves in Botswana, with 252 Billion Cubic Feet (BCF) of 3P gas Reserves certified in the Lesedi project area. In addition, the 3C Contingent Gas Resources are approximately 3 Trillion Cubic Feet (TCF). "

[the manini] 11/4/2022 16:22

It's 10MW per annum gas to power via the Serowe power station connection. Once connected we have access to the Southern African Power Pool where we can sell much more energy, to various other countries that make up SAPP. This is all completely seperate from the production of green Hydrogen which is a jv initiative between us and Synergen Met (shortly to list on the ASX exchange). Which if succesful will further expand and diversify our gas options. Go back and read the last 2 years of rns's to get a full understanding of what's going on.

[the manini] 11/4/2022 10:35

They're not waiting on any decision! Everything has been agreed and signed with regards gas to power. All they have to do now is connect to the grid, work starting on that this month. Have you been living in a cave?

[stupidme] 11/4/2022 09:27

You get absolute beauties on here like T M (what decision) eh when's breakfast. Try not to filter people but anymore stupid questions you're history.

[the manini] 11/4/2022 05:26

wow I've read some stupid comments in these boards but this must rank up there with the best of 'em lol

[the manini] 10/4/2022 16:33

Too long for what decision?

[ginko3] 06/4/2022 12:13

This never was a get rich quick share and like you I'm well underwater. I have a 5 year outlook on this( which is when I retire) and fully expect it to be a 10 bagger from my 4.8 p asp by then

[stupidme] 29/3/2022 11:04

Just have to pray and hope someone honest will decide our future in Botswana. Otherwise we're never going to get a contract

[cherrylady] 13/1/2022 14:30

Sorry to interrupt the silence, I know it is golden when Donkey shuts his trap!

I posted this on LSE after the resident doom and gloom merchant, Whizzer , resumed his criticism of the board. Donkey , of course , claimed in his round about, non-commital manner, that it is fantasy! The guy should definitely be committed but I guess there is no madhouse in the country that will take him?


That post...
"Whizzer, in December of 2020 , the BOD started the tendering process for poles and wires , and proposed raising 2.6M in good faith in Q1 of 2021 and the cash was forth-coming from UK investors. They got a preferential price to compensate them for not getting any options for those shares , and for the speed , perhaps!

It was bad news for the price because 5p reduced to their 3.5p price , and less thereafter!!!!

The tenders were awarded for poles and wires so all on course for pole, wires, and, potentially extra wells, to improve dewatering. All of this is fact , documented in various RNS.

What has interrupted that plan?????? To some of us , but not all clearly , the partnership with SM, and some interaction with Pure Hydrogen, came out of the blue. The timings are not easy to prove, so there is a 1% chance the 2.6M was raised in the knowledge that it was not going to happen as planned. IMHO it is 99.999% certain the BOD was intent on spending the money as planned.

Precious few of us, commented on the brilliant prospects of using the flared gas with a Hydrogen prototype to start earning cash in 2022 at not much more than zero expense for TLOU! SM require electricity as well as the gas , and TLOU are responsible for the supply of that. Bringing in Solar electricity classifies the Hydrogen as GREEN, and is in future plans, so the timetable for Solar would simply need to be fragmented to introduce enough panels for SM a bit earlier, and funds will need to be found!

To clear the way for SM , work will be necessary on both the gas and electricity supplies, so adding wells locally (for dewatering) might not be helpful?

We await news from Brisbane on SM's progress with the prototype before we know what to do at Lesedi!!!!!
Is that too difficult to comprehend???

My gardening is on hold until the Autumn, that was clearly too difficult for some to understand it seems! Time .... it features everywhere!

Just seen DTE post, HNY DTE, taking his post further, I want to ask Whizzer what price he would accept for his whole shareholding?

Having decided upon his price, I'd then ask him what difference it makes to him if the price is lower? If he won't sell, does it matter what the price is whilst it is below his selling target? That is why the price is immaterial. We will all have different selling prices, and I assume they are all above todays price. "

[purple11] 02/12/2021 06:13

Death spiral financing.

AVOID

[ginko3] 01/12/2021 10:35

Right, c'mon TLOU, where's your plan, you've had long enough to pull one together, something we can measure progress against.

[bena1] 30/11/2021 17:02

It's also worth noting that the repayments on the loan are deferred until revenue should be coming in from the Hydrogen project, in 18 months time, so cash should be plenty until then.

[ginko3] 30/11/2021 13:40

and at a cracking interest rate!!