Tlou Energy Share Discussion Threads

[sdavis] 15/2/2017 16:01

I am sure you will revise that target upwards as more news is released.

[bena1] 15/2/2017 15:59

Thanks for flagging the podcast on here, well worth a listen. I have upgraded my target here to 20p following that and doing a few sums :)

[andrewsr] 15/2/2017 15:48

Another up-beat podcast from the finance director, Cloonan.
It was helpful to have the gas quantity required for a 50 MW plant - 80-90 BCF for 20 years. So 4-4.5 BCF/year for a 50 MW plant. Previous estimate here was 11.2 BCF/year for a 100 MW plant.

[moonwizz] 15/2/2017 14:22

Looking good here

[someuwin] 15/2/2017 13:26

Nice move up.

[wheniamfree] 15/2/2017 12:56

Podcast out on Vox wow!

[mikeroot5] 15/2/2017 10:59

A very good breakdown of what the RNS today means here

Expecting this to move more than we have seen today.

[dr jekyll] 15/2/2017 08:31

No mention of time frames though which is disappointing.

[sdavis] 15/2/2017 07:51

Is the gas there - yes. More following this RNS.Is the technology available - yes. GE contract by end of month?Is demand there - yesIs the government on side - yesDo the finances add up - I think soIs finance available - looking more likely given all the above, via a SPV.

[wheniamfree] 15/2/2017 07:50

Coley it's been rising for a few days interest has returned as has sentiment especially since it's a news Rich period. Doubtful of a leak just more the fact this is peanuts to buy and it's just getting better.

[regandharry5] 15/2/2017 07:46

Time to top up I think, This little company looks less risky with each RNS.

[temmujin] 15/2/2017 07:29

nothing to see here...move along

[sdavis] 15/2/2017 07:09

Nice RNS. Wonder what impact it will have on SP? I reckon we may go past 10p.

[coley15] 15/2/2017 06:56

Leaky leaky. Explains the late jump late yesterday.....

[wheniamfree] 15/2/2017 05:54

RNS out on ASX significant reserve upgrades. This is from no more drilling and bodes extremely well. I think this is going to be the real deal and a fantastic company to be involved in.

[ftangftang] 15/2/2017 02:04

Tlou achieves significant increase in Gas Reserves

Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and
southern Africa through the development of coal bed methane (“CBM”) is pleased to announce a
significant upgrade of Reserves for the Lesedi CBM Project (“Lesedi”;) and initial Reserves for the
Mamba Project in Botswana. This latest Reserves assessment has been independently certified by Dr
Bruce McConachie of SRK Consulting (Australasia) Pty Ltd (“SRK”).
Highlights:
 44% increase in 2P (Proved and Probable) Gas Reserves to 3.9 billion cubic feet (BCF)
 390% increase in 3P (Proved, Probable and Possible) Gas Reserves to 261 BCF
 The increases comprise:
 additional certified Reserves in the Lesedi Project area (PL 002) based on a
southern extension of the Selemo pilot area; and
 initial certified Reserves in the Mamba Project area (PL’s 238 and 240) based
on a western extension of the Selemo pilot area.
Tlou Managing Director Tony Gilby said, “This significant upgrade in Reserves reinforces the
commerciality of the Lesedi Gas Project. The success of the Selemo pilot in producing sustained gas
flows for a substantial period suggests that there is significant gas production potential for the area.
Our ongoing work to assess this continues in tandem with our planning for the staged delivery of a
commercial CBM power facility, for which we have received a detailed Request for Proposal from the
Government of Botswana.
We are very pleased to have received the first gas Reserves in the Mamba Project area, which
demonstrates the upside available within our portfolio. Together, we believe that the Lesedi and
Mamba projects will continue to develop into a valuable resource for Tlou shareholders as we work
towards increasing the certified gas Reserves in both areas. Furthermore, the Company is on track to
become the first gas to power producer in Botswana.”

cheers
ft ft

[money4me] 14/2/2017 19:42

some late movement today. be nice to get an uptrend rather than the constant drip down

[ftangftang] 13/2/2017 07:44

cheers
ft ft

[wheniamfree] 12/2/2017 17:14

There's a site being batted around social media this evening. I thought I would share it here.

hxxp://tlouenergy.wordpress.com

[royalalbert] 12/2/2017 06:33

The bod know how to run the company, setting targets that high should tell all investors good news is on its way. On another note we are all here to make money, supposed intellectuals are we, if so cut the language please.

[wheniamfree] 11/2/2017 21:45

I think we wil be more than ok, should see a lot of news in the near term all of which should hopefully cement key milestones and be transformational for the company.