Tlou Energy Ltd. (AU:TOU) has released an update.
Tlou Energy is nearing completion of its electrical substation at Lesedi, with the arrival of a crucial 5MVA transformer marking a significant milestone. Gas production from Lesedi’s wells shows promise despite challenges, aiming for consistent flow to support power generation. The company holds substantial gas reserves, supporting its long-term energy projects.
For further insights into AU:TOU stock, check out TipRanks’ Stock Analysis page.