Time to top up? I'm expecting the SP will bounce soon, a good time to top up I think. [link]
Re: Operations Update Agreed, it's all about how large the Reserves upgrade is, and if Tlou get an award from the tender. IMO the latter is as close to a dead cert as possible. As for the Reserves I believe with all the new data available Tlou will add very significantly to it's book value. It's just a waiting game now...
Re: Operations Update Looked like very good news but it did not exactly put the SP into overdrive.
Re: Operations Update A very sound update from Tlou. Both Tony and Colm hinted in recent interviews that they may struggle to get the Reserves Upgrade in before the Christmas break. What would be excellent is that if we get an award from the RFP before the upgrade, it would add to the data set for SRK that the gas in the ground is commercial, with customers waiting. Very happy with the company progression here, 2018 is going to be absolutely transformational.Cheers, Hez
podcast with Colm[link]
Re: Chart update next stop 23p ... after a little consolidation around this level[link]
Re: RNS Cornerstone Investor - BOOM! sorry Hez .... didn't see your postworth repeating thoch
RNS institutional backing Tlou's Managing Director, Mr Tony Gilby commented, "Securing African Alliance managed funds as strategic long term and committed local shareholders in Botswana and listing on the BSE is a significant milestone for the Company.� Having local shareholders on our register confirms the support for the project from within the Botswana investment community and becoming a Botswana listed entity opens further development funding options to the Company.� Tlou is focussed on building a new industry within Botswana, which will create new employment to support local communities."The proceeds of the Subscription, along with existing cash, will be applied by Tlou to complete the current seismic and core hole appraisal program, commence first phase development dual lateral production pod drilling at the Lesedi project, fund the costs of the BSE listing and Subscription and for working capital purposes.ch
Investor Call Afternoon chaps,Here is a link to the Tlou investor call that happened on Friday:[link] worth a listen. I personally feel the "up to 100MW" has caused a little confusion with investors, however, it is very clear to me that Tony knows exactly what he is doing and is focussed on maximising shareholder returns, with minimum dilution to the current holders. If his route to this is by initial expansion to 10MW, and then options on any further domestic sales, coupled with unlimited access to the SAPP, then I 100% back him. He is better placed than anyone else to steer Tlou to vast returns for investors. His vision just needs to be clearly and precisely expressed to all in any "Award" RNS. The two remaining risks are being addressed by the Reserves Upgrade and the RFP award. The chances of Tlou picking the only gas bearing coal at Selemo is microscopic in my opinion, and although uniformity cannot be guaranteed, it is inconceivable that there is no gas elsewhere when you consider the historical drills and current knowledge of the coal formation. Its then down to the Botswana Government whether they deem Tlou worthy of a 10MW award. I haven't sold a bean. Have a great weekend.Cheers, Hez
Re: Looking good. The more I look at this company, the more I like it. I did trade it a bit last year, but now trying just to top up, as looking like significant re-rate is not far away. Tony Gilby at the helm reassures me a lot too.
Re: Looking good. Thanks for sharing trend friend, very interesting Reading!
Looking good. Just some quick charts here, i like this stock, and i think it's got the potential to go some way higher still imvho....tlou daily.[link] term triangle breakout......which led to rally to about 11p, then we got a bull flag, broke out to around 15p.....looks like another bull flag forming atm.....and it should by all intents and purposes break higher from this imho....So what are theupside targets here?? this chart here, shows the possible targets.... [link] broadening triangles in play atm.....short term (red triangle) shows a 20p target.The longer term blue triangle gives a long term 30p area best case target.....lets see and good luck if your holding these, i bought with a average of about 8p....atb, wdik, dyor,trendfriend
Re: New week You're welcome alfa-spider, looks to be consolidating nicely at this sp. News could land anytime. Best of luck to all!
Re: research for new investors Didn't feel that comfortable cross posting, but felt it was definitely worth sharing. Welcome aboard!
New week Just bought in so now, the kiss of death, hopefully this won't drop. Looked at this last week and unfortunately wasn't in position to get in Thursday or Friday. Now I hope to leave this with my SXX on the top shelf and wait. Thanks Hezhogg - this looks like it has potential.