davetxu
07 Jun 2018
Re: Somethings afoot! Agree with you WTG. I wasn't planning on spending more cash on TLOU at the moment, but at the same time, I recently topped up because I believe in their future growth plans, so I don't want to be diluted now. In for a penny...
waytogo333
06 Jun 2018
Re: Somethings afoot! Hmmm....not overly impressed by the discount to closing..28%. But, glad the offer is open to existing shareholders. I wasn't planning on adding any more as TLOU is currently around 7% of portfolio. With the dilution I'm going to have to partake in the open offer, even if it raises my pf % to a level I'm not overly comfortable with.The big plus from this is that they are forging ahead with preparations to produce, which would seem foolish if they weren't very positive on the current discussions.It is AIM after all, so fingers (and toes) crossed.
Noblenoggs
06 Jun 2018
Re: Somethings afoot! Well you guessed that right WTG.
Noblenoggs
06 Jun 2018
Great Wonderful😨😨😨😨
buzzard stubble
17 May 2018
presentation [link]
waytogo333
16 May 2018
Re: Somethings afoot! Yes, nearly 1.5 mill volume now. Definitely something pushing this, here's hoping for some news in the next day or 2.
financiallychallenged
16 May 2018
Somethings afoot! Over 1 million shares traded today and up 0.6p Definitely something positive in the wings ?fingers firmly crossed best to allSteveM
buzzard stubble
26 Apr 2018
Q & A with Tony today [link]
davetxu
24 Apr 2018
Re: Any News? I agree. In the circumstances, that RNS comes across as pretty positive to me. Not sure what the market didn't like. I'm going to buy a few more, and hope that this is a dip.
Noblenoggs
23 Apr 2018
Re: Any News? I emailed them last week But no response. Today however there is an RNS which although positive seems to have gone down like a lead balloon.
alfa-spider
18 Apr 2018
Any News? Hi - Anybody got any idea when we will get the next update? Last time website updated was mid February. All gone too quiet.
buzzard stubble
01 Apr 2018
Masisi Inauguration Speech Masisi Inauguration Speech[link] 22. “In order to give concrete effect to our economic diversification aspirations, Government will prioritise the implementation of Cluster Development across various sectors, particularly the prioritized sectors of diamond beneficiation, tourism, beef, mining and financial services. Government will also expedite the implementation of the Special Economic Zones which will contribute immensely to the socio economic development of this country.”Special Economic Zones (SEZThe Special Economic Zones (SEZ) policy adopted by the Government of Botswana has been designed to attract world class domestic and foreign investors by offering them developed infrastructure, state of the art technology, beneficial inter-sectoral linkages, improvements in economies of scale, specially trained skilled labour force and targeted economic incentives. Botswana’s SEZ policy seeks to:Coordinate, promote and facilitate SEZ investmentsIdentify locations for establishing SEZsEnsure basic infrastructure and utilities are in placeNational and international programmes promoting SEZsLicence SEZ investorsAt a broader level SEZs are intended to achieve the following
iversify the economic and export base of Botswana beyond the diamond mining sectorProvide a hassle free business environment offering investors a competitive edge in world marketsEstablish a one stop, full service business environment catering to the needs businesses located within the SEZCreate business development opportunities for small, medium and micro-enterprise suppliers who meet the logistical and ancillary needs of SEZ enterprisesDevelop a portfolio of public sector, private sector, and public-private partnerships (PPPs) with the SEZ as the market indicatesDevelop SEZs, which are integrated with domestic, regional and international marketsCategorise and coordinate business development within SEZs to promote inter-sectoral economies of scaleProvide SEZ incentive packages consistent with Botswana’s domestic and international trade obligationsDevelop SEZ labour laws consistent with the ILO standardsCreate employment through the countrywide development of SEZs[link]
buzzard stubble
27 Mar 2018
interview with TG [link] a listen re ; re tenderch
alfa-spider
25 Mar 2018
Quiet Is there any news out there about progress with government?
buzzard stubble
05 Mar 2018
SP fair value 30p Maintaining the momentumHot on the heels of an impressive reserves upgrade, Tlou released interim results (forthe six months to December 2017) on 22nd February, reiterating strong progress andproviding some great colour on the forward strategy. Tlou has successfully establisheditself as the most advanced gas-to-power developer in Botswana and, with a significantincrease in 2P reserves now in the bag, it appears clear that recent seismic dataacquisition and core-hole drilling activities have been most successful. We see excellentscope for further reserve upgrades as work continues and, despite the Botswanangovernment’s planned re-tender to RFP bidders, Tlou has outlined a clear roadmap forthis year, including additional core-hole drilling and seismic data acquisition, the activepursuit of grid connection options and the targeted commencement of developmentdrilling in mid-2018. Ahead of news on offtake arrangements and development financing,we believe it is important to recognise the continued operational momentum at Lesediand Mamba, and upgrade our fair value estimate to 30p/share (25p/share previously).Upgraded reserves comfortably exceed initial commercial threshold: On 20thFebruary, Tlou released what was, in our opinion, a cracking reserves upgrade, confirminga 944% increase in 2P reserves to circa 41bcf. We believe that this latest independentreserves assessment is of particular importance, as it now seems clear that Tlou hassufficient 2P reserves to underpin first phase commercial development (we had previouslyassumed that 20bcf would be required to support an initial 10MW gas-to-power scheme).Actively pursuing grid connection options: Despite the Botswanan government’splanned re-tender process, Tlou reports that its grid connection plans are well advanced,with the company evaluating various offtake routes including possible electricity sales intothe SAPP network. We note that Tlou continues to target the commencement ofdevelopment drilling later this year so, whilst there will have been some slippage, we seegood scope for first power in early CY2020 (versus our prior expectation of late CY2019).Fair value estimate upgraded to 30p/share: We continue to believe that a reservesbasedapproach is appropriate at this stage and have upgraded our fair value estimate to30p/share (25p/share previously). Our latest assessment incorporates Tlou’s substantiallyupgraded 2P reserves, partly offset by currency movements and placing-related dilution.Ahead of the confirmation of offtake and financing arrangements, we believe it is importantto recognise the value of Tlou’s strategically-important and growing reserves base.[link]
