Tlou Energy Share Discussion Threads

[ftangftang] 10/1/2017 15:34

Vox link to submit questions for Tony Gilby's podcast tomorrow

cheers
ft ft

[pyglet] 10/1/2017 15:17

Tony Gilbey on the podcast tomorrow. Excellent news.

[ginko3] 10/1/2017 10:11

Positive news but a bit short on detail around the financial benefits - lets just hope this doesn't prompt another round of fund raising / dilution.

[fission453] 10/1/2017 09:21

Only trouble is effiert is that you will have sold out at 9p and will then start your deramps!

You cannot be trusted as you are so unreliable!

See previous posts!

[effiert] 10/1/2017 09:03

Tidy without doubt this is going to get rerated in the coming weeks/months. 20p+ my target.

Tony Gilby is back in charge and raring to go. That is the CEO's own words.

[money4me] 10/1/2017 09:01

that is the key. being able to wait a few years

[ftangftang] 10/1/2017 09:00

Tony Gilby once said "I see much more potential with TLOU, much more than I did with both Arrow and Sunshine."

Arrow and Sunshine ended up being billion dollar companies

happy to hold for a few years here to see how this plays out

cheers
ft ft

[tidy 2] 10/1/2017 08:53

independently-certified gas reserves and significant contingent gas resources of 3.3 trillion cubic feetMcap only £19m

[effiert] 10/1/2017 08:46

market looks ahead. this should be well into double figures on this news.

[fission453] 10/1/2017 08:40

Wow effiert, you have cracked it on this one!

Well done my mate!

[effiert] 10/1/2017 07:49

thats 10x the original off take from 10MW to 100MW

[pyglet] 10/1/2017 07:38

I wonder whi the other one is that would be interesting to find out. TLOU must be confident of winning having GG onboard but nevertheless it isnt a guaranteed 100% shoe in at the moment. Another 6 months wait until the closin date, and then a couple of months until decision I suppose. If on podcast maybe Justin could push this side of the argument.

[mr.oz] 10/1/2017 07:15

No 2LB, it's formal request to take part part in Tender process
Proposal needs to be clearly set out and submitted according to government governance model
Tlou is one of the two invited to do so

[someuwin] 10/1/2017 07:14

10 January 2017

Tlou Energy Limited

('Tlou' or 'the Company')

REQUEST FOR PROPOSAL RECEIVED FROM BOTSWANA GOVERNMENT FOR UP TO 100MW OF CBM

Tlou Energy Limited, an AIM and ASX listed company focused on delivering power in Botswana and Southern Africa through the development of coal bed methane ('CBM') at its Lesedi CBM project, is pleased to announce it has received a detailed Request for Proposal ("RFP") from the Government of Botswana to develop up to 100MW of CBM power in Botswana.

HIGHLIGHTS

-- Tlou receives request for proposal from Botswanan Government to provide up to 100MW of CBM power from its Lesedi project

-- Follows Government of Botswana's announcement in June 2016 that the delivery of 100MW of CBM power be incorporated into its future generation supply plans

-- Tlou owns 100% of the most advanced CBM project in Botswana - achieved first independently certified CBM gas reserves and Environmental Impact Statement approval in 2016

-- Field development plan currently being worked on to progress a scalable CBM to power plant at Lesedi

Tlou's Managing Director Tony Gilby said, "We are pleased to receive the RFP from the Botswana Government and look forward to providing them with a detailed, compelling and compliant tender for our pilot power generation project at Lesedi.

"This is the next step in the path to a binding offtake agreement and is testament to the fact that the Botswana Government remains committed to see CBM power projects developed in Botswana so that CBM can become a long term indigenous source of cleaner energy for the country. Lesedi is a scalable project and being the first company in Botswana to achieve independently certified CBM gas reserves in 2016 as well as the first to receive Environmental Impact Statement approval we are clearly well placed to deliver on our objectives. We look forward to updating the market in due course as we make progress towards fulfilling our vision to become a significant provider of energy in Botswana and the wider region."

Request for Proposal for CBM Power Project

Tlou has received a Request for Proposal from the Government of Botswana for the development of up to 100MW of power using CBM. This indicates the Government's commitment to facilitate the development of a CBM industry in Botswana. The proposed Government power purchase agreement ("PPA") will assist in fast-tracking the development of the gas industry in the country and creates a new market for Tlou's independently-certified gas reserves and significant contingent gas resources of 3.3 trillion cubic feet (3C).

As previously announced in July 2016, Tlou is one of two companies selected to bid for the development of up to 100MW of power using CBM in Botswana as an Independent Power Producer. The Company has now received a detailed Request for Proposal ("RFP") from the Ministry of Mineral Resources, Green Technology and Energy Security. The closing date for this tender is 12 July 2017. The RFP requires details of the proposed field development, the installation of power generation facilities and supply of power into the grid in Botswana.

The Botswana Government has developed this initiative to allow companies such as Tlou to develop pilot plants and facilitate the development of their CBM resource to levels which may lead to the supply of gas to the Government owned 90MW Orapa Power Plant, which is situated approximately 150km to the north of Tlou's Lesedi CBM Project.

It is a requirement of the RFP that all matters are kept confidential. However, the Company will update the market where possible and specifically in relation to completion and submission of the required documentation.

Tony Gilby

Managing Director

Tlou Energy Limited

[2lb] 10/1/2017 01:41

RNS 7am on government take up proposal it would seem

[money4me] 09/1/2017 13:02

hopefully or there seems little point in continually telling us they are progressing well. we need actual results of progress

[2lb] 09/1/2017 12:36

TLOU lined up for another VOX podcast this week, hopefully with the CEO this time.

May possibly be linked to timing with some sort of update

[snickerdog] 06/1/2017 19:59

The unlucky one, I asked about this when I met with the company in December, their answer made quite a bit of sense to me in that they did not wish to be locked into long contracts with any other EPCM contractor in order to both provide some optionality to the company and also to keep the other party (in this case GE) honest or motivated. Motivation applying to GE's work on the Power Plant design and Feasibility work. If GE don't perform or even look like they don't wish to come and play upon say a Construction Finance basis then there in no lock-in where they cannot work with say Siemens, Mitsubishi or another Chinese EPCM.

[theunluckyone] 06/1/2017 16:48

rogerbirds - Yes I know what nominee companies are and how they work.However the figures do not lie in that around 64 million shares that were held in nominee companies names in August 2016 were not held in those nominee companies names around three months later.I understand that far greater turnover is seen in this country than in Australia and I am astonished that none of the top UK based nominee companies are listed as significant shareholders.Regarding phone conversations with the Company I think we both know it is against Stock Market Regulations - not that they are enforced of course - for the Company to tell any individual any information that is not already in the public domain.This is why I do not expect to be told anything of any relevance by the Company when replying to my letter.

GLA

[rogerbirds] 06/1/2017 16:29

FYI - A nominee company is a custodian charged with the safekeeping of investors’ securities. Investments are held for investors in a nominee account. This means that while the nominee is the legal owner of the securities, the investor retains actual ownership as the beneficiary.

Therefore, the big “institutional” holders haven’t dumped any shares, as they aren’t the actual owners. Moreover, it’s the continual and repetitious sell-off by impatient small holders who held said shares through the nominee institutions.

Regarding the “co-operation agreement” we’ll find out next month, but I have a sizeable holding here and having been in contact with the company again last week, continue to be encouraged with what's happening behind the scenes.

DYOR etc.

Just sayin’

RB

[theunluckyone] 06/1/2017 16:23

Dorset64 - Already done but I am not holding my breath waiting for a reply !! If they do reply I will report their comments on here

[theunluckyone] 06/1/2017 16:23

Second time ADVFN have duplicated my post !!!

[billyboychrisd] 06/1/2017 15:54

I'm not selling unless I get a feeling things are being worryingly delayed.BoD know what they are doing here, Botswana was not built in a day. All the best.

[dorset64] 06/1/2017 15:35

Good research but you're far better off sending an email to the BoD's asking for a reply, than waiting for an answer here.

I'm invested but am disappointed to date with the level of progress but have not sold anything, so will wait till end of 1st Q-ish and then re-evaluate.