Tlou Energy Share Discussion Threads

[wheniamfree] 20/4/2017 15:24

Ignore potter he talks utter trash and is hung up on flow rates.

The same flow rates which have been used to calculate the above reserves as commercial. The reason for non disclosure is simply that a price for gas sale has yet to be agreed and as such one keeps their cards close to their chest until the agreement of sale price is made.

The flow rates are clearly good enough (as per point above) plus the fact other parties are now backing the project including IPC with access to $250milliojn of funding via their partners.

Potter is the resident clown here who can't seem to move on until the egg can clearly be seen dropping from his face whilst gnawing his own hat.

Plenty of news to come, drilling and 2D seismic for additional reserves via cash already raised. Submission of RFP to government for upto 100mw, details of the deal with IPC those are short term. They also have mining license application too.

The Peter Earl called this project a showcase, he was also keen to fast track the project and get the transmission lines in place as quickly as possible to start injecting power into the grid before the 100mw offtake and IPA was agreed. Those power lines will be capable of supplying 250MW so plenty of room for expansion.

The geology is similar to that in the Bowen Basin which is now being targetted in Australia for production. The difference with Botswana is, the costs both for capital and operational are cheaper whilst the energy prices will be much higher. If they can do it in the Bowen they can do it in Botswana and it will likely be much more profitable.

[kmann] 20/4/2017 14:45

I see Gary Newman has tipped this, he likes a management with a good track record. It looks like the project will succeed.

Some big name players involved. If it falls back i might take a few, but looks like might be hard to buy at 6p again.

[pottermagic2310] 20/4/2017 14:12

They won't be drilling at all anytime soon - there aren't any viable, sustainable Gas Flow Rates available, as per the Business's own News releases.
The reserves don't appear to be there either, to sustain many years supply to the Plant visualised, as the volumes/rate required in the grand scheme of things.
The only new News anybody needs to be concerned with is the formal, detailed response they have to provide (with Partners) by July.
The response is the only current Obstacle to a) any worthwhile next steps and b) an actual Project to develop an actual Plant & infrastructure with Energy production definitely in mind.
Take a gamble and buy low ahead of July, it's all about RISK for reward right now.

[kmann] 20/4/2017 13:44

Is this the NEXT hot stock? I can see the potential here.

Doesn't seem to be any barriers in the way if it starts to gain momentum.

[oilandgas1] 20/4/2017 10:39

Hi guys,

Other than the placing ( now extended), and RFp in jul17, what news is due for TLOu after the share placing complete and trades on 27apr?

Any drilling Plans for Lesedi and mamba ?

Reserves look good:

Ø 44% increase in 2P (Proved and Probable) Gas Reserves to 3.9 billion cubic feet (BCF)

Ø 390% increase in 3P (Proved, Probable and Possible) Gas Reserves to 261 BCF

Ø 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.

[ftangftang] 20/4/2017 06:58

i will be attending the Oil Capital Conference event in London on the 11th of May



TLOU are expected to present ... although haven't confirmed yet
will keep you posted

cheers
ft ft

[coley15] 19/4/2017 08:18

That's better Potty ;0)

[pottermagic2310] 18/4/2017 16:50

How's your investment in Churchill doing Old-king=Coal.ey ?
There's nothing wrong with forming a personal opinion of a Business's short to medium-term outlook based on diligent research... you should try it yourself sometime, you might not back so many Losers like Churchill

[money4me] 18/4/2017 11:31

up time as we move closer to ITT submission

[coley15] 16/4/2017 11:46

Yep. Old Pottymouth churns out the same codsh1t time after time.

[wheniamfree] 14/4/2017 18:23

Potter, same old sad story - move on fella.

[pottermagic2310] 13/4/2017 11:39

That Chart above looks like a series of ever descending Ms to me, with a possibility of another significant drop down to the right imminent... it's all about perspectives... and how 'pure' your Crystal Ball might be... LOLs
;-)

[wheniamfree] 13/4/2017 07:56

hxxp://www. proactive investors .co.uk/companies/news/176386/tlou-energy-s-partner-in-joint-venture-with-civil-engineering-heavyweights-176386.html

[wheniamfree] 13/4/2017 07:55

Heavyweight

[...]

[someuwin] 12/4/2017 22:19

free stock charts from uk.advfn.com

[tidy 2] 12/4/2017 15:15

Confirming partnership IPC and Quantum Global. £250m

[ftangftang] 12/4/2017 14:42

Tlou Managing Director, Tony Gilby said, "This joint venture, which includes significant investors in Africa, validates our decision to choose IPC as our power development partner for the IPP Project. We are delighted to see that these experienced parties have identified the opportunities available to bring power to constrained energy environments in sub-Saharan Africa. We look forward to working closely with IPC to develop our IPP Project in Botswana into commercial operation and to developing discussions with QG Power Africa on this as an investment opportunity for them."

cheers
ft ft

[tidy 2] 12/4/2017 14:27

RNS Tlou Energy Ltd IPC Partnership with African Investment Management£250m

[someuwin] 12/4/2017 11:34

Big "W" formation showing on the chart.

Completion of the right hand side would take this back over 12p.

[ginko3] 12/4/2017 11:03

Me too, have a base holding and will top up further when I feel more confident.

[cezary2] 12/4/2017 09:39

I am in for the long term...was just making an observation thats all....and it looks like i was wrong!

[wheniamfree] 12/4/2017 07:43

Again in the news.