Published 15 days ago
TLOU Energy (TLOU) was once one of those AIM companies that was hugely popular with PIs and was attracting a lot of attention and hype. Now that has now subsided, I can see real potential with this company going forward given the track record of those who are running it.
Published 497 days ago
Aussie-listed Tlou Energy (TOU) is coming to AIM with a fund raising of up to £1.5 million at a premium price of 6.5p or 14 Australian cents to help develop its Lesedi coalbed methane-to-power project in the mineral-rich but electricity-hungry southern African state of Botswana. The Brisbane-based company, whose shares have fallen from a 32 cents 12-month high Down Under to 11 cents now, has chosen accountancy group Grant Thornton as AIM nominated adviser and Brandon Hill as broker, says funding is already committed to the tune of £1.2 million and suggests the AIM launch proceeds will secure its programme for the coming 18 months to two years.