Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Cat got your tongue Moagi?
Do you not realise all you do is quote irrelevant African news or talk about me? You never discuss anything sensibly.
I'm sorry you have thrown Kenmare money away, and bought very badly into TLOU.
I lost a fortune buying into Avanti comms at £7 a share expecting a successful Ariane launch to raise it to £9.
Ariane was 110% successful, the satellite used so little fuel to reach its orbit that its life was extended by 7 years!
AVN never saw £7 again, it halved, I even ploughed good money after bad at my idea of an all time low of £2.20 .
They went into administration a few months ago and my brokers say the debts are so high I'll get nothing!
At least your losses should be alive and kicking in a thriving company under a very different leader in TG.
When the price hit 17p he did not cash out £millions as David Williams ,AVN CEO, did! That was the catalyst for the drop to £3.50 . AVN were targetting Africa and surprise, surprise , could not find buyers of their bandwidth. Ariane and the satellite cost a fortune, was followed by more launches , and more debt. Technologically they were perfect , they could beam broadband to anywhere in Africa or the Middle East and parts of Europe , including the UK! I always said the UK had enough bleak areas that they should have built a business here! I like to think TG would , but cretinous Williams persevered in Africa. Debts of £850m eventually killed them.
Now do you see why I revere TG? He has kept us out of debt and technologically Africa has bitten him like Australia did not in his first 2 successes with CBM. How can Selemo be dewatered in a couple of months, yet Lesedi, a few miles from Selemo, is taking years?
How did the Govt insist on an impossibilty i.e. tenderers had to have a history of selling CBM powered electricity to BPC? And finally , why did Covid strike during those two delays?
TG's experience in Botswana is the total opposite to AVN with 3 or 4 satellites orbiting earth successfully.
Those satellites have a limited shelf life, Tlou's shelf life is at least 40 years, once dewatering comes to an end, we'll see progress. Then with some income to work with , TLOU can become the £billion industry I have expected to grow for several years.
Moagi, I hope you have some TLOU golden nuggets left, one day you'll worship Tony as well. And you'll be able to buy back into Kenmare and give any survivors here a rest from your incessant bleating! Silence of the lamb.
It is also pointless trying to try explaining anything to you Moagi.
You are incapable of understanding the most basic of ideas.
"SM, Dewatering,Crypto,New drills,increasing gas flows,hydrogen,extra wells,wires on poles, are all conceivable.
What is inconceivable is TLOU asking us for more money before one of the above "
TG is doing his best to restrict the number of shares issued - you on the other hand turn 600m into a billion - or count 600m as many more zeroes than 100m using your numb skull - and never admit how stupid both calculations are! Meanwhile TG gets no credit for keeping the shares low.
Sirius issued 8-10bn , Woodbois are around 2.5bn , TLOU 600m
Kenmare bought back how many to raise the price above your pocket money so you switched to TLOU?
And you used your piggy bank to buy into TLOU in double figures for sure!
Regrets? You have a few! I wonder how you did when you got out of Kenmare following their first repurchase?
Today's headline on Yahoo "Those who invested in Kenmare Resources (LON:KMR) three years ago are up 129%"
Meanwhile Moagi might have bought at 15p at TLOU and seen a 90% drop to 1.5p ?
A reason to be cheerful? Sure is!
=======================================================================
Yahoo quote this on Tlou, TG is managing things well it seems. Debt rather than dilution is his mission.
"Can Tlou Energy Raise More Cash Easily?
While we're comforted by the recent reduction evident from our analysis of Tlou Energy's cash burn, it is still worth considering how easily the company could raise more funds, if it wanted to accelerate spending to drive growth. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. One of the main advantages held by publicly listed companies is that they can sell shares to investors to raise cash and fund growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate).
Tlou Energy's cash burn of AU$2.7m is about 9.1% of its AU$30m market capitalisation. That's a low proportion, so we figure the company would be able to raise more cash to fund growth, with a little dilution, or even to simply borrow some money.
So, Should We Worry About Tlou Energy's Cash Burn?
Tlou Energy appears to be in pretty good health when it comes to its cash burn situation. Not only was its cash burn relative to its market cap quite good, but its cash burn reduction was a real positive. While we're the kind of investors who are always a bit concerned about the risks involved with cash burning companies, the metrics we have discussed in this article leave us relatively comfortable about Tlou Energy's situation. "
you are a prick - is that pointed enough?
More rambling then. Make a point you old fool.
1. We will get positive news via an RNS before there is a placing.
2. SM falling short is outside of TG's control!
3. Crypto may or may not have a future - some or most are definitely going to disappear!
4. When I say you are an idiot - that is fact!
5. When you say I am seriously brilliant - that is fiction!
If anybody want to have a fun bet on Rishi to win you can bet less than the minimum stake by laying the minimum of Liz Truss. e.g. I stand to win £6.89 if Rishi wins and will lose £2 is he loses!
By laying Liz at 1.1 I win £8.89 or lose £2.20 so I have bet 20p at 9/1 on a Rishi win.
Items 4 has been proved over and over again!
and 5 will never be said for certain. Too thick to see it!
6. SM or Crypto progress can bring in money before the Poles/Wires will allow us to earn from the electricity.
7. Crypto demand is going to be so low until , or if, it recovers creditability.
8. SM might be near to completing their prototype of course. We (anyone outside of SM) do not know the chances!
9. People in 8 are no to blame - we know not why it has failed to materialise so far this year. It may be minor or major problems.
The Hustings appear to make it obvious Rishi has the support! Forget the polls and shows of hands - listen to Hughie Green's ancient clapometer and tell me the majority are clapping someone loudly because they support the opponent!
Truss supporters merely want to oppose a weak candidate at the next leadership election! Ben Wallace, my original favourite, is either stupid or crooked? Nadine Dorris is both. And even I can say honestly that I have laid Liz Truss at a cost of 20p!
Read your ramble a few times to see if I could make any sense - as usual, I failed.
So TG has a clear vision, knows what he is doing, has a plan and is executing as he best sees fit. Yet you are disappointed with SM over-optimism, crypto is questionable, is inconceivable Tlou approaching existing shareholders for yet more money, ….
Yet the company is still a year away from first revenues.
The absolutely one thing that Tlou will need to do is - tap the shareholders for yet more cash. That isn’t a debatable question; that is reality.
Possibly your most confusing ever rambling Smith - care to clarify
Like 99.9% of members here, I am simply waiting for Tlou to post news of progress.
Meanwhile the 0.1% needs correction in case he puts off potential new investors but the 99.9% know that already!
You ask because you are this song https://www.youtube.com/watch?v=0nGsXJf8rjo
SM, Dewatering,Crypto,New drills,increasing gas flows,hydrogen,extra wells,wires on poles, are all conceivable.
What is inconceivable is TLOU asking us for more money before one of the above which is why I have faith in the boss who has keep TLOU alive without any income yet.
I am disappointed with Synergen Met's over optimism (at least) , wonder if Crypto has a future, doubt Crypto need us urgently, so we are left with Whizzer's ambitions for CBM power unless things perk up with Crypto or SM?
Meanwhile my football team is riding high in the Premier League, against all the odds, but with Man City (SM), Arsenal (Dewatering) and Liverpool (Crypto) I await news of those results too! The affluence of the football club and TLOU is poles apart! In the first game at Dean Court in the high sun and soaring heat - they had the floodlights on, before, during and after the match ????? No way would TG waste money like that!
Just wondering what you are doing with yourself these days Brad, given you are not preaching the Tlou gospel from the soap box so often?
I thought your reply below lacked any real conviction. Are you seeing the light yet perhaps …. Or realising your Next Great Thing isn’t the thing of beauty you tried make everyone believe.
Not much fun when reality kicks you in the chops, eh.
Cases overview
From Our World in Data and JHU CSSE COVID-19 Data · (Last updated: 1 day ago)
Botswana Total cases 326K Deaths 2,772
Worldwide Total cases 586M (+818K) Deaths 6.42M (+2,204)
United Kingdom Total cases 23.5M Deaths 185K
Similar populations (2m-3m)
Namibia Total cases 169K Deaths 4,072
The Gambia Total cases 12,197 Deaths 368
Lesotho Total cases 34,206 Deaths 704
Gabon Total cases 48,511 Deaths 306
Moldova Total cases 542K Deaths 11,630
Lithuania Total cases 1.19M Deaths 9,223
Africa seems to be less risky than Europe?
Botswana and Namibia may use a better abacus than the other African countries?
Moagi, one politician who has been released is a disaster? A 9yr old girl being stabbed to death in the street in the UK last week is as tragic? 185k covid deaths here compared to Botswana's 2772 (without vaccines for an extended period ) looks less disastrous than than you claim - but we don't expect anything else from you!
Singling out Botswana is nonsensical in this world!
https://en.wikipedia.org/wiki/List_of_ongoing_armed_conflicts
Spot Botswana on the map!
The country is distraught at the death of a young child taken in a ritual killing. Former Finance Minister was detained for 3 days for suspected involvement, released yesterday. Another MP also detained. And 2 tribal doctors were unceremoniously dragged from their lair just inside Namibian border. This is a terrible tragedy that now the country is up in arms about.
And of course the Finance Minister is running from BDP to Ian Khama side (BDP and BPF) for protection.
They have to protect him as he knows too much about the stealing when under Khama as President.
He should be worried and careful what he eats - he is probably a political liability now.
Botswana is really struggling to function effectively at moment sadly. This doesn’t help. And the jockeying ahead of primaries for 2024 elections has kicked off recently.
Why can’t Elected Govt just focus on governing - little wonder fack all squared ever gets done on the important things.
Disaster of a country currently.