Past year: ▼ 83%(0.30c – 1.80c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
31 July 2026quarterly activities report● Neutral
June 2026 quarter Appendix 5B: cash was A$128k, up from A$117k, after an A$897k financing inflow. Operating outflow was A$444k. ILC facility A$6.506m drawn of A$10m; about 4.3 quarters of funding stated.
31 July 2026quarterly activities report● Neutral
June 2026 quarter: Kala completed its first full quarter of operation, with modest revenue. A pipeline to connect Lesedi 6 is being planned subject to funding, and the substation stays about 90% complete. ILC loan A$6.5m drawn of A$10m; cash about A$128k.
29 June 2026director officer appointment▼ BadMajor
Interim Managing Director and CFO Colm Cloonan resigned immediately as a director, and will advise on transition. Ian Campbell becomes Executive Chairman while a CEO is recruited. The registered office is planned to move from Brisbane to Sydney.
25 June 2026regulatory community update▼ Bad
Operational update: Lesedi 4 gas feeds Kala, while Lesedi 6 gas is flared. Water in both wells may be linked to an underlying sandstone, so significant drilling is held back pending study. Substation needs about three months and roughly US$600,000 to finish.
25 June 2026other● Neutral
Chairman's letter to shareholders acknowledges frustration and repeats the 25 June update: gas is flowing, water ingress from a possible sandstone link is being studied, and the substation is about 90% complete. Funding is the main near-term aim. No new results.
24 Apr 2026quarterly activities report● Neutral
March 2026 quarter: Kala is generating modest initial revenue, and substation work stays deferred at about 90% complete. The ILC loan facility was raised to A$10m, A$5.6m drawn. Cash was about A$117k.
24 Apr 2026quarterly activities report● Neutral
March 2026 quarter Appendix 5B: cash fell to A$117k from A$323k. Operating outflow A$267k; financing inflow A$565k. ILC facility is A$10m with A$5.607m drawn, leaving A$4.393m; about 6.2 quarters of funding stated.
16 Mar 2026half year report▼ BadMajor
Half-year to 31 December 2025 shows a A$60.5m loss, including a A$58.6m impairment of exploration assets tied to a decision to focus on core Lesedi assets. Excluding impairment the loss was A$1.9m. Further development depends on new funding.
19 Feb 2026production update▲ GoodMajor
The Kala Data Centre was commissioned and began generating initial revenue from Lesedi 4 gas, the first commercial use of Tlou's coalbed methane in Botswana, though only at modest proof-of-concept scale. Substation completion and grid connection for power sales were still outstanding and subject to funding.
28 Jan 2026other▼ BadMajor
After ASX queries, directors say the company is solvent, relying on continued near-term funding support from largest shareholder ILC (controlled by Chairman Ian Campbell). It is also discussing funding with others and progressing an equity raising, after the 0.3-quarter funding figure.
27 Jan 2026quarterly activities report▼ Bad
December 2025 quarter Appendix 5B: cash fell to A$323k from A$937k. Operating outflow was A$546k and exploration investing outflow A$744k, against A$703k financing inflow. ILC BC facility A$5m fully drawn; about 0.3 quarters of funding stated.
27 Jan 2026quarterly activities report▼ Bad
December quarter: two 250kV generators arrived and are in place at the Kala data centre, with gas line and electrical work still to finish. Substation completion is pushed back until funds are in place. Dewatering of Lesedi 4 and 6 remains unresolved. A 5MW solar plan is proposed, with no funding or power purchase agreement yet.
30 Dec 2025director officer appointment● Neutral
Non-Executive Director Dr Allan Sullivan resigns from 1 January 2026 for personal reasons, having joined the board in March 2025. He is open to advisory work. The company intends to appoint a replacement in due course.
9 Dec 2025joint venture update▲ Good
The Kala data centre generator has reached Botswana after shipping delays and is being trucked to Lesedi. Revenue is expected almost immediately once it is installed and commissioned, which would be the first monetisation of coalbed methane in Botswana. Earlier text referred to two generators.
25 Nov 2025agm notice● Neutral
All resolutions, including a special resolution, passed at the 25 November 2025 AGM. Individual vote counts are in an attached schedule not provided.
30 Oct 2025quarterly activities report▼ Bad
September 2025 quarter Appendix 5B: cash rose to A$937k from A$210k after A$2.37m financing inflow. Operating outflow A$567k. ILC BC facility now A$4.33m drawn of A$5m, leaving A$672k; about 1.0 quarter of funding stated.
30 Oct 2025quarterly activities report● Neutral
September quarter: Kala's first unit is on site, but the generators slipped to November after shipping delays, so first production is now around late November. Substation stays about 90% complete. Cash A$937k, with A$672k undrawn on the ILC facility.
30 Sept 2025annual report● Neutral
Appendix 4G corporate governance checklist lodged with the annual report, pointing to the governance statement on pages 67 to 79. Administrative filing with no new information.
30 Sept 2025annual report● Neutral
Annual report for year to 30 June 2025. The Chairman describes the move toward first revenue from the Kala data centre and notes early work on solar. Only the front section was provided, so no financial figures can be reported.
25 Sept 2025agm notice● Neutral
Tlou set its Annual General Meeting for 10:00am Sydney time on 25 November 2025, to be held as a physical meeting with the venue to follow in the Notice of Meeting. Director nominations close at 5pm on 2 October 2025.
24 Sept 2025joint venture update▲ Good
Kala data centre site works and gas gathering line are complete and the first module is installed. Revenue is expected shortly after two gas generators, still in transit, arrive and are commissioned. This slips the earlier August/September target for first electricity.
30 July 2025quarterly activities report● Neutral
June 2025 quarter Appendix 5B: cash rose to A$210k from A$163k, helped by A$695k of exploration VAT refunds and A$501k of other investing receipts. Operating outflow was A$557k. ILC BC facility A$5m, A$2.47m drawn; about 2.5 quarters of funding stated.
30 July 2025quarterly activities report● Neutral
June quarter: Lesedi 4 and 6 are still being assessed for gas output, with an independent review planned before any new drilling. Kala data centre fabrication has started, with operations targeted for Q3 2025. Cash was about A$210k, with A$2.53m undrawn.
21 July 2025director officer appointment● Neutral
Onalenna Martin Gabobake, nominated by major shareholder BPOPF, joins the board as a Non-Executive Director. Hugh Swire and Martin McIver retire from the board, and Wedu Mbayi replaces Colm Cloonan as Company Secretary.
1 July 2025listing compliance notice● Neutral
Tlou explained to ASX that the Appendix 3Z for departed MD Tony Gilby was lodged late, on 11 June instead of by 30 May, because the company secretary wrongly believed it had 28 days. No change to Gilby's holdings; internal process to be reviewed.
11 June 2025joint venture update▲ Good
Kala data centre at Lesedi is progressing: first electricity to Kala is expected Aug/Sept 2025 using Lesedi 4 and 6 gas, though those wells have not reached expected flows. One 1MW container is paid for, with delivery mid-August; site works have started.
23 May 2025director officer appointment▼ BadMajor
Managing Director and CEO Tony Gilby, who led Tlou for about a decade, stepped down immediately for personal reasons and will advise. Finance Director Colm Cloonan is Interim Managing Director while a permanent replacement is sought.
9 May 2025admin correction● Neutral
Administrative notice that the share registry MUFG Corporate Markets moved its Sydney office from 14 April 2025. No business substance.
28 Apr 2025quarterly activities report● Neutral
March quarter: well clean-outs aimed at higher gas flow from Lesedi 4 and 6, but more wells need funding. Murray and Roberts, building the over-90%-complete substation, is being exited by settlement, with subcontractors to finish; no significant delay is expected. Kala deal signed.
28 Apr 2025quarterly activities report▼ Bad
Appendix 5B for March 2025 quarter: cash fell to A$163k from A$499k. Operating outflow A$400k, investing outflow A$534k, financing inflow A$570k. ILC BC facility A$5m with A$2.47m drawn; the report shows about 3.0 quarters of funding including undrawn facility.
