Re: up in OZ With a 14% uplift in SP there must be an RNS with some exciting news around the corner.
up in OZ looks like we are about to mover into double figures GLAch
Gabaake Gabaake inverveiw [link]
IG Colm Interview (Tlou FD) Here's the link:[link] have a listen if you are interested in a company with a massive growth opportunity in the near term.Cheers, hez
latest podcast [link]
RNS ,, mining licence terms Mining Licence TermsAs announced on 21 August 2017, the Company would make a further announcement on the MiningLicence once it had been reviewed. The material terms and information included in the MiningLicence are: The Mining Licence has been issued in terms of Section 41 of the Mines and Minerals Act ofBotswana; The licence grants the holder the right to produce CBM natural gas in the approved MiningLicence area for a term of 25 years commencing on 21 August 2017 and ending on 20 August2042; The Mining Licence was granted in full across the area applied for, which was previouslyknown as Prospecting Licence PL002/2004; The licence area is approximately 900Km2; An annual licence fee is payable to the office of the Director of Mines of approximatelyUSD$9,000; The Government has decided not to exercise its option to take up a shareholding in theproject as provided for under Section 40 of the Mines and Minerals Act; Project development can commence at any time with no minimum spend stipulated; Royalties are payable to the Government of Botswana in accordance with Section 66 of theMines and Minerals Act. Royalties are currently payable at a rate of 3% of gross market value.Gross market value is defined as the sale value receivable at the mine gate in an arms lengthtransaction without discounts, commissions or deductions for the mineral or mineral producton disposal.excellentch
comment [link]
Re: video ... update Could be the oposite and the other bidder having difficulty coming up with a sensible offer.However from latest Vox Blog MD said that the amount of electrical power the country wants from the bidders could well come from more than one company as it is a lot and they would be more than happy with just a chunk of it.
Re: video ... update Wonder if the other bidder is the preferred bidder? Otherwise, as they have missed the deadline for their submission why were they not just disqualified? I very much hope I am not smelling a rat here!!!HoG
video ... update [link] other company- the only possible competition didn't submit their bid, it wasn't ready and asked for more time- the CEO of TLOU confirmed himself - watch the video- he states that the delay is due to a request by the other bidder who asked for more time.ch
podcast "Once were into the Grid we can expand rapidly"[link]
Re: comment All looking very promising for contract award,I added some more friday so just in before todays rise.Results of their contract bid probably a month or so away,however better to be in now before leaving it too late.
Re: comment and so it begins.....
Mining Licence awarded 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", has been advised that a Mining Licence for the Lesedi CBM project has been granted by Botswanas Department of Mines in the Ministry of Mineral Resources, Green Technology and Energy Security (the Ministry.Key points➢ Tlou has been successful in attaining its Mining Licence for the Lesedi CBM project;➢ The Mining Licence covers an area of approximately 900Km2, which is the area previously designated as prospecting licence PL002/2004;➢ Mining Licence gives security of tenure over the project area;➢ Progresses Tlous activities from CBM exploration and appraisal to development.Tlou's Managing Director Tony Gilby said, "The Mining Licence for the Lesedi CBM Project was the first application of its kind to be lodged in Botswana. The awarding of the Mining Licence by the Ministry is a major milestone for the Company, further de-risks the project, and is an important prerequisite to developing the first commercial gas-to-power project in the country. The issue of a Mining Licence will pioneer the development of a new and exciting natural CBM gas industry in Botswana, an industry that will lead to a new indigenous source of energy, income and employment for the country. I would like to thank the team at Tlou and our consultants for putting together such a comprehensive application and the Ministry for the positive assessment of the application. Having been granted a Mining Licence will also further enhance our proposal for the Botswana Government sanctioned CBM fuelled pilot power project which is due to be submitted later in the week.looking very goodch
Chart Chart since inception looking good on 200dma