Ann: Tlou Energy Quarterly Activities Report, page-13

Article yday on Creamer that Sinosteel planning a 400MW CBM fuelled power station ahead. Presumably this was the same party to the proposed $700m CBM Investment.

Must admit, I don’t see how the capital markets or development banks will fund a project of this size. But great if they do - and if they do, does that make it easier or tougher for Tlou to fund its expansion plans I wonder.

One aspect of Tlou that continues to concern/frustrate is why their first ‘splash’ is only for 10MW. Much more would be relatively easily funded imo, and achieve far better economies of scale that a rather piddly up to 10MW. Having waited and worked so long, it is time to get on with development quickly and with decent scale. 10MW given the apparent shortage is nowhere near decent scale - begs the question why they stick with such a small approach.