hezhogg
29 Jan 2018
(Coal) Botswana power plant expansion plan stalls [link] Jan 29 (Reuters) - A planned $800 million expansion of a coal-fired power plant in Botswana by Japan’s Marubeni Corp and South Korea’s Posco Energy has been put on hold due to a disagreement over terms, the energy minister said on Monday.Marubeni and Posco Energy were due to start work in January last year on a project to add 300 megawatts to the current 600 megawatt Morupule B plant, which was built by the China National Electric Equipment Corp at a cost of $970 million.The power station has often broken down, leaving Botswana to rely on diesel generators and imports from South Africa.Energy Security Minister Sadique Kebonang told Reuters the government failed to agree with Marubeni and Posco Energy on a number of issues, notably a proposed $800 million state-backed guarantee to protect the companies’ investments.“The Power Purchase Agreement has now expired since the project failed to take off within a year from the date of signing as stipulated in the agreement,” Kebonang said.“It’s not only the guarantee that was the problem. They wanted many other things which we could not agree to. It’s a stalemate, each party will now review its options."
buzzard stubble
23 Jan 2018
activities / cash flow reports Highlights Seismic survey completed across the Lesedi and Mamba project areas with data of excellentquality obtained. Data from survey is being integrated with existing data with a view toexpanding the Lesedi and Mamba gas reserves and contingent resources Two new core-holes drilled at the Lesedi Project intersected gassy coals. Core samples arebeing analysed alongside seismic survey with initial results expected in early 2018 Operations on a third core-hole at the Mamba Project began pre-quarter end with completionexpected in late January 2018. This is the first core-hole to be drilled in the Mamba area Completed listing upon Botswana Stock Exchange as part of Company’s strategy to accesssignificant local investors focused upon the development of Botswana based projects Secured cornerstone Botswana investor raising P33 million (approx. £2.4 million or A$4.1million) through issuance of shares to African Alliance Botswana Limited, a leading assetmanager in Botswana[link]
hezhogg
15 Jan 2018
Re: Chart update Latest chart courtesy of VanAIM86 on twitter, all looking very good indeed![link]
hezhogg
11 Jan 2018
Re: Chart update Lots of interest being shown in Tlou on twitter:[link] feel the rerate will continue from here....
buzzard stubble
11 Jan 2018
Re: Chart update [link]
hezhogg
08 Jan 2018
Re: What a start to the Week! It really is a superb start to the year Sedanca. The contract award come at anytime in the next couple of months, but absolutely it could happen this week. The mining license was awarded very quickly after all... and then there's the Reserves Upgrade. Tlou have already said that this happen early Q1, we're in Q1 and it's early! Then again we may get a double whammy of news to propel Tlou to massive new heights 
Cheers, Hez
Sedanca
08 Jan 2018
What a start to the Week! With the SP moving in a positive direction on a daly basis over the last week and this morning's early rise, it leads me to believe that some news has been leaked somewhere and that we should get an RNS very shortly.Could it be the award of the contract to build the Power Station?
Eggbaconandbubble
06 Jan 2018
Re: Latest targets from Emergo 19.4/23.2... That's not a 'cup and handle'. It's a ladle formation!
buzzard stubble
05 Jan 2018
Re: Latest targets from Emergo 19.4/23.2... [link] opinionch
Dingley1
05 Jan 2018
Comet Ridge I note that Tony Gilby is a significant shareholder in and former director of Comet Ridge Ltd (listed on the Australian Exchange) which is also involved in coal seam gas.Does anyone have an opinion on whether this company has as much potential for value growth as Tlou? Its 273% up in the last 12 months. Is there scope for more?
buzzard stubble
05 Jan 2018
Re: Latest targets from Emergo 19.4/23.2p where charts are concerned emergo are the bestimolooking forward to the chart updatech
hezhogg
05 Jan 2018
Latest targets from Emergo 19.4/23.2p “#TLOU My triangulation and W3 setup from c10p has worked well so far, with the price again pushing towards all time high territory, as of close yesterday. My main targets remain c19.4 and 23.2p. I'll update the chart ASAP...” [link]
hezhogg
04 Jan 2018
New All Time High Close 15.13p Tlou have done their own modelling on the seismic results, using a similar methodology to SRK, and they have said they are really looking forward to SRKs results! I wonder why? News could land any day now!Cheers, hez
Sedanca
04 Jan 2018
Re: Is TLOU ready for success? Hezhogg, I had not forgotten Tony's previous successful track record or the Reserves and do take your comments on board.I still that there will be a spike on announcement of the contract award. It will be a massive achievement and will create an interest from a wide variety of investment. The word will get round very quickly!I not suggesting in any way that this will be a 'pump and dump', it is too good an opportunity and when the contract is awarded then I can see a healthy uplift in the share price.
hezhogg
04 Jan 2018
Re: Is TLOU ready for success? Sedanca, mostly agree with you, except you're missing the point on the importance of Reserves expansion. CBM is unlike any other play, the longer things are flowing, and to a point the more that is extracted increases the 2p Reserves. This is added straight to the bottom line. Tony Gilbys two other Billion Dollar companies were sold on Reserves alone. If you check the historical data for Sunshine Gas and Arrow Energy, there weren't any huge spikes, just a gradual increase until buy out. Those that have thoroughly researched Tlou and Tony's previous successes will hold for massive returns.Cheers, hez
