BSE pre-listing statement, page-4

Brief response for now but in summary and to quote Tony Gilby “The model which worked very well for Sunshine Gas and I’m bringing to Tlou”


Prove the concept
Book the Reserves
Expand the Reserves
Sell the company

I’ve said the same thing all along and THAT is where the big valuation will come in. Large full scale production can be left to a major, in the mean time they progress as though they are aiming to acheive that goal and, if they do it themselves well - that’s not bad thing is it?