BSE pre-listing statement, page-8

The award of any size allows a route to market and connectivity into the grid. To scale up post connection is much simpler since it is merely a reliance on infrastructure scaling, gas production and offtake. Once you are given the keys and prove the concept the limits should theoretically be endless since there are multiple opportunities and parties to sell to. Most approvals are already in place to wield power into the SAPP GTP, you are free to digest the documentation online so nobody stating as such is an idiot let’s be clear.

Additionally whilst it has not been formally announced the company have alluded on interview that the government response will be forthcoming before the end of Q1. Whilst no formal RNS has been issued I have no reason to question the window (it will come when it comes). Of course governments are slow but the country and business does not ground to a halt on the back of an election. The government have already included 100mw of power from CBM into their forward energy mix. They also awarded a mining/production license to Tlou based on the feasability study for such a project.

One has to ask, why award an ML and issue an RFP for the proposed CBM power plant If you have no appetite for it? Time will tell..