TOU 0.00% 1.7¢ tlou energy limited

Ann: Tender Technical Stage Decision Approved, page-18

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  1. GtP
    367 Posts.
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    Africa Alliance made the decision to invest they money they manage on behalf of Pension Fund in Tlou. That is a very different statement v that the Pension Fund invested directly in Tlou. I guess that is why retail investors tend to get sucked in to fledgling companies such as Tlou.
    I wonder how many more shares they will end up being asked to invest in, given Tony said they would write the $15m cheque from a Botswana source. Of
    course the other party could be BDC but they are typically debt providers. So if it is then, they will need to be satisfied by the cashflows from the 2mw up to 10mw
    investment case. I wonder at what price for how many years that would need in order to breakeven.
    Still we are getting inexorably closer to the sharp end. Will it be blue sky or free fall or another lap of the Grand National course ahead
 
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