"S73 App due to be determined at Planning Committee 16/11.
Not expecting delay or denial." Well that was the other day.
Myself and a few other Sirius holders are heavily in to Tlou Energy.
I believe it will bag before Christmas, and could 10-30 bag in 2 to 3 years. See you again in 5 years :-) Tlou Energy (TOU) are a natural gas/coal bed methane (CBM) company based in Botswana, and 100% owners of the most advanced gas project (Lesedi) in the country. TOU are 1 of only 2 companies that were offered to tender for a 100 megawatt CBM gas to power government project.
As currently understood, the second party participating in the tender has no gas reserves nor do they have the EIS (Environmental Impact Study) in place.
Provided Sirius are not inhibited from continuing at WSM this apparent delay to determine the S73 is not material. ')" target="_blank" rel="nofollow" Explorer/Generic/Std Details.aspx? PT=Planning Applications On-Line&TYPE=PL/Planning PK.xml&PARAM0=813427&XSLT=/Northgate/Planning Explorer/Site Files/Skins/North York Moors/xslt/PL/PLDetails.xslt&FT=Planning Application Details&PUBLIC=Y&XMLSIDE=/Northgate/Planning Explorer/Site Files/Skins/North York Moors/Menus/PL.xml&DAURI=PLANNING GK.Morupule power station has been plagued by problems for years due to design issues and isnt running anywhere near full capacity.Most of Botswanas power stations are powered by imported diesel, which is extremely expensive.But they were designed to also run on natural gas, so it will be easy for TOU to gain additional ways of selling their gas and also supply their gas at a premium price.Botswana relies on expensive imported power and diesel generation to deliver its requirements.