25th Jul 2023 20:47
Tlou Energy Ltd - Botswana and Southern Africa-focused energy company - Reports production pod drilling completion at Lesedi 6 in Botswana, as part of its gas-to-power-focused Lesedi project. Meanwhile, cash as at June 30 is AUD6.85 million, up sharply from AUD3.5 million at March 31. Further, a 66 volts overhead transmission line is around 79% complete, up from 11% in September 2022. The transmission line aims to connect a power generation plant at Lesedi to the Botswana Power Corp grid at Serowe.
Current stock price: 1.55 pence, down 6.1% on Tuesday
12-month change: up 27%
By Tom Budszus, Alliance News reporter
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