Ann: Operations Update, page-3

Highlights of the interview for me are:

Clearly the most advanced CBM company in Bots;
Govt set up the tender primarily at our request to do a pilot power generation project;
We could be a very significant part of the process to fill energy gaps in the future;
One with the NEAREST term and cheapest source of capital is the tender process;
Our project in the early stages doesn’t require very significant funding;
Development stage the most likely point in time to bring in BDC via a financial instrument (not just equity);
GG role is very significant in terms of lobbying Govt and Minister level;
Still is clear as night and day that Govt will use Tlou CBM to help alleviate the power shortage incountry;
Production wells work starting hopes to ‘enhance our flow rate’

In summary, Shrek is nowhere near there yet !!