Sedanca
04 Jan 2018
Is TLOU ready for success? I think that TLOU has managed the journey well so far and has every intention of providing the shareholders with significant returns.They have had a strategy and applied a structured approach to achieving their goal of being awarded the power station contract. When, not if, this is achieved I would expect to see the Share Price move up considerably. Then there would be a considerable time to wait for the project to be built and delivering profits. The younger shareholders will see the major up side of their investment in the years to come, but older members, like me, will probably be pleased to sell out at the spike after the contract has been awarded.GLA
hezhogg
03 Jan 2018
Re: All Time High Close... Thank you Penhome, really useful and very appreciated!
penhome
03 Jan 2018
Re: All Time High Close... Yes, agreed. A good day for TLOU and am monitoring this closely. I posted the following on AFE (general TA chat board) this morning:I've had a half position in TLOU for some time. It's now testing its November high again and I'm thinking about adding if/when I see some pick up in volume:Weekly chart:[link] shows it moving along the expanding upper band with rising MACD and decently aligned averages:[link] shows a small pullback today with a shooting star. 15.25p was the November intraday high, so I think I want to see this close above that level on higher volume before adding.[link] this is helpful. It's just my thoughts based on what I think the charts are suggesting. This is always a balance of probabilities so my opinion can be wrong and other analysts may have differing views.
hezhogg
03 Jan 2018
All Time High Close... News could be due at any moment. FOMO has clearly started to kick in. A significant Reserves Upgrade, which is expected, could see Tlou rerate to a completely new level. Remember 2P Reserves are considered as good as cash in the bank by the CBM industry. I'm expecting 2P to increase many times with the upgrade. Current value on 2P is circa 24p, with nothing else factored in. Very exciting times here. Best of luck to all for 2018 and beyond.Cheers, Hez
hezhogg
30 Dec 2017
Great article summarising Tlou [link] ENERGYBringing sustainable energy to Botswana Tlou Energy is developing one of the most advanced coalbed methane projects in Southern Africa with its Lesedi CBM project in Botswana. Over the last decade the CEO Tony Gilby has led the programme of proving up the project and the company has been the first to achieve many major milestones leading up to a crucial turning point as it enters the next year or two. Tlou was the first company to establish CBM gas reserves in Botswana, which were subsequently increased to 261 billion cubic feet (3P), the first company to be awarded an environmental impact assessment for a project of this type, produced the first gas-to-power from the site in 2017 and then in recent weeks was the first company in Botswana to receive a mining licence for a CBM project, now Tlou has received a request for the supply of up to 100MW of CBM from the government of Botswana. Despite there being complications from being the first mover on a project of this type, Gilby says with the support of the Botswana government the first mover advantage has enabled Tlou to establish itself as a major energy player in a country which currently relies on importing electricity (primarily from South Africa) and/or importing diesel to keep the lights on. “We’ve been able to establish ourselves as one of the major players in Botswana, even though we were the first to achieve these milestones,” notes Gilby. “The government has been very keen to advance the industry but nobody has been able to do it. We have survived long enough, done the hard work and we are finally starting to see the results.” The Australian company will be using a combination of lateral wells and a production well to draw gas from Lesedi’s Lower Morupule coalbed resting between 450-750m below surface. Moving forward with the project in terms of monetising the asset requires two primary objectives. Firstly, now the reserve is established the priority is to increase the reserve provision and secondly, where Tlou can realise serious value for its stakeholders, is to get into production. With the first reserve in place, a process which is technically challenging and expensive, the work is focused on expanding the reserve and Gilby anticipates that in the next two years that work programme will be successful. Gilby has over 30 years’ experience in the oil & gas industry and many years working in upstream operations and he therefore has the relevant expertise and experience of driving projects into production. The mining licence can be a major hurdle, which Tlou has achieved along with environmental approval – a stumbling block on so many projects. “The environmental approval allows us to continue drilling and hopefully the award of a power purchase agreement with the government as part of the current process will create a pathway to development, that puts us in a position between now and two years’ time to really achieve some bigger milestones for the company.” The first part of the increase reserve programme entails a 250km seismic survey which will commence in the next month or two, Tlou is hoping it will deliver increased contingent resources and possibly reserves. On the back of that the company is entering a fully-funded core hole programme again expected to increase contingent resources and reserves. Gilby predicts that both programmes will lead to high grade areas for additional gas flow drilling at a pre-development stage and is aiming to get underway with that early 2018 subject to securing funding. The diamond rich nation is crying out for secure, sustainable domestic energy supply and Gilby hopes Tlou’s project can provide it. “It is absolutely critical in any country, and Botswana is no different, to have indigenous sources of electricity generation. Traditionally, it has been coal in Africa but [the continent] i
hezhogg
23 Dec 2017
Coverage on This Is Money - Punt of the Week [link]
hezhogg
22 Dec 2017
Very significant TR1 So while we await the results of the tender process from the Botswana Government, the Botswana Public Officers Pension Fund increases their stake in #TLOU to 5.84% 🤔They provide the pensions for Botswana Government Public Officers![link]
buzzard stubble
13 Dec 2017
Re: BSE trading starts today Trading session hours: 10:30 - 13:30 (GMT+2)ch
hezhogg
12 Dec 2017
Re: Time to BUY ? Hi, it'll be great to see the people of Botswana profit from Tlou success. Botswana Government go on Christmas break on 15th December so much more likely to be Q1. However I'm more than happy to be wrong. With a potentially massive Reserves upgrade also due early Q1, and the SP consolidating nicely at this level, it could be a great time to buy for the next leg up.
coldascheese
12 Dec 2017
Time to BUY ? Once trading begins and local investors have a chance to fill their boots I expect the announcement that Tlou have won a significant contract, thus giving the locals some profit. Should be before Xmas. So time to invest if you have not done so.
buzzard stubble
12 Dec 2017
Botswana stock exchange The Botswana Stock Exchange (BSE), located in Gaborone, is the country's national stock exchange established in 1989 to operate and regulate the equities and fixed interest securities market. The BSE is one of Africa's best performing stock exchanges, averaging 24% aggregate return in the past decade, effectively making it the third largest stock exchange in Southern Africa in terms of market capitalization. The BSE, as a statutory body, puts in dedicated effort to maintain a fair and efficient market by means of its surveillance and compliance committees and the Botswana Stock Exchange Act No 11 of 1994 which ensures the operation of the exchange with the highest due regard to the public interest, protection of investors, and regulation of the affairs of its members.taken from this site ...[link]
hezhogg
12 Dec 2017
Re: BSE trading starts tomorrow This is excellent news and now gives Tlou access to cheap debt funding from various Botswanan Pension Funds. The Funds are restricted to providing debt for Botswanan companies, and Tlou will now meet the criteria.Cheers, Hez
buzzard stubble
12 Dec 2017
BSE trading starts tomorrow formal approval has been granted for the Company to list on the Botswana Stock Exchange ("BSE"
and 21,153,845 ordinary fully paid shares will be issued to investment funds managed by African Alliance Botswana Limited, a leading asset manager based in Botswana. · Allotment of shares will be made on 12 December 2017;· Trading on the BSE expected to commence on 13 December 2017;ch
hezhogg
03 Dec 2017
Good coverage in Botswana... [link]
ranger gb
30 Nov 2017
Re: Time to top up? forgot just to mention just my opinion based on chart and also the recent news of offering price to local investors at 11p - dyor of course ') good luck
