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A VIRTUAL CERTAINTY that didnt happen - but i guess that is everybody else's fault except Saint Tony. He must be really lucky to always have a ready made excuse.
So no longer on filter. Another not surprise. Keep up the good work - talking yourself in ridiculous and childish circles.
Better still, contact the company to ask about the 169m shares, and then when they explain everything to you and ask you for how many shares you want to subscribe for - don't be surprised if it all goes silent at the other end. Maybe you can enlist Clooless to help place the shares; he seems to think everything is easy as well.
Match made in heaven.
PS - the more you keep posting your twaddle, the more ammo you give me to blast you back. Which stops anyone wanting to post anything remotely approaching common sense relating to Tlou. Will you ever learn .... or is it just so important you listen to your own fantasy musings....
Back on filter I guess will be your next post.
Why oh why did I think you might have agreed with me?
Should have known you'd be the same effingidiot you have always been.
How do you misconstrue ABSOLUTELY EVERYTHING?
TG did not makes us think we would be gifted those option - IT WAS A VIRTUAL CERTAINTY that the price would rise from over 5p within 2 years!!!
Brilliant reward for backing our company!
How many pandemics are we likely to see in the 21st Century - the lockdown lasted the whole 2 years - what were the chances of that? TG to his credit must have realised that placing was not a formality and dangled a carrot for the Donkey and his tiny minority of sceptics on here. World recession from that point and higher interest rates returning all contributed to placings being low on TLOU priority list for many of us.
Give Donkey an inch and the idiot takes a light year - so up himself.
TG read the market well - can you not see that Donkey? It was a brilliant option at the right time - give him credit ffs!!!!! Nobody else on here thinks those options were catch out people like me on the hop - maybe he was opening the door to further similar options - Covid killed them as well!!! The Doc entered stage right because he appreciates TG - that is why he owns most shares in TLOU and you my friend have SFA in your wallet or in your skull or in your portfolio that is worth talking about?
I should not have introduced your doubts about management! Green looks better than the reply from the smallest IQ in the country! Roll on confirmation that 169M will never be issued this time round. Filter is already back on - I was stupid to take it off - you were right there!
The reason for the options back then was to make shareholders think they were getting an extra freebie as enticement to subscribe in the underlying placement. For somebody so smart, you sure dont have much clue how fund raising in the market works.
As for who gets to play God - seriously! The man with money that, as a result of their own due diligence, decides to subscribe for shares is where any decision is made. Are you sure you actually live on planet Earth ?!
I considered contacting TLOU for the first time ever to see if I could get some 1.8p bargains. I have relied on news from MinorMiner? (MM !) and Thornback rather than bombarding the main office with queries with similar questions.
I am hoping the 169M are not going to be issued because that is compatible with the lack of news on what is going on.
Whoever decided that shareholders should not be fully aware of what they are entitled to apply for during April falls into Donkey's description of the board! I'd support a vote of confidence because we should be certain of what is going on.
Tlou shafted us on the 2 year options at 4.4p when the price had been 5p+
That was purely down to lockdown and TLOU and us came out of it disappointed but blameless.
The latest undersubscribed placing which was too expensive for anybody through December and January to have justified buying. Not for the first time , the pension fund paid the price having paid 11p years ago and 3.5c this time when the sp on the open market was already lower or about to dive to much lower levels.
I was willing to take a loss along with the pension fund but the Doc was too pragmatic to join in! The TLOU news made it clear to me that I could not participate because my shares are registered to my address in the UK!
But IG in London or Sydney or both made me believe I was entitled to participate when I was offered shares!!! I applied and asked for additional shares confident I would get every share I applied for!
I plagued this chatroom with ways to fund TLOU at limited cost by selling existing shares on the open market to pay those 3.5c or 1.8p prices one ASX ot LSE at a loss!!!
There were question marks about when I should fund my account and then I was able to recover most of my losses to date so I grabbed that opportunity and backed out of the offer entirely.
Since February the market price changed has been considerably higher than 3.5c and 1.8p and the placing is now very appealing to anybody with half a brain or more.
Who is going to play GOD and decide who gets these bargains?????
The 2 year option entitlements at 4.4p could be used to provide us all with a sutable proportion of those 169M bargains - that is what I'd have done if I was in charge.
Not entitled back in the 4.4p days? Then NONE of the 169M.
Otherwise your 4/11 entitlement from December and your 4.4p options entitlement can be used to calculate an entitlement (percentage) of 169M or a brand new target?
That would be fair on sharehoders and restore the good will that was definitely intended back in the day!
I wonder what predictions he is making now, or has he stopped after he got burnt bad on this one (it's been his only one)
"In short, this current fund raise from sources in Botswana is by no means going to be easy to arrange".
BOTS 28th Feb 2024
One post is as good as two Donks
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This message has been filtered, please adjust your filters to view
BPOPF 7.75% for USD; Doc is 10% for A$ - maybe the point is securing debt is easy when you are happy to pay debt at any price.
The Times headline today: "Mounting pressure on the £6.5 trillion private equity industry raises the risk of a crunch that could cause big losses for banks and a crisis that spills over into the real economy, the Bank of England has warned.
Regulators are stepping up scrutiny of the private equity market amid worries that sharp rises in interest rates in the past two years are creating problems for an industry that is heavily reliant on debt."
Come on Brad - tell us how high interest and huge dilution is TG being parsimonious again.
Sweet jaysus, he wonders what i posted - because he doesnt want to read my posts. Then posts that pile of absolute shoite saying what i think, know, and rubbishes everything i say (which he hasnt read) and then posts what he knows by way of reply.
FFS Brad catch yourself on. Cease and desist - i feel like you are stalking me now.
I wonder what carp our green poster has now dragged up on Tidds and GG?
Another example of his reverse criticism? How often has he said I live inthe past and need to move on? And he finds Tidds newsworthy 10 years after he walked away from this board when TLOU was on a different mission entirely?
As for GG , is he another in a line of black Botswanans he says are stupid, lazy and bent because Donkey imitates a rascist whilst supporting Ian Kharma , mixed race with a white mother?
They all struggle with the English language as a second language (Eric, Lefoko , Massisi and GG) but I understand their English better than their native language for sure! Imho Eric and Lefoko were/are always pro-TLOU! With sceptics doubting TG's claims without any evidence , they had to listen to their counterparts or risk their careers. The underlying truth was they wanted TLOU to succeed and Sekaname's presence hindered us without a shadow of doubt. Until they surfaced TLOU's progress was seemingly superb! Hence the RFP clause not being challenged on the entry process? That put us back back many years and introduced belt and braces approaches after the laissez faire initial period!!! And a share price of 8p - 10p!
Mutual trust evaporated. A very sad event and then unexpected dewatering delays added doubts before Covid put TLOU's future in doubt. TG kept us in one piece throughout and GG may have been invaluable during lockdown? Single handedly managing a telephone to Australia/Ireland and everything in Botswna?
GG does not support TLOU as much as the other directors moneywise (i.e. failed to accept salary decreases (was he invited to?) and does not put his hand in his pocket at placings either (Is he allowed to?) ) but ,during the pandemic , TG gave him much credit for his presence in Bots during lockdown. I got the impression GG kept things rolling so perhaps his increased workload justified his full salary whilst the others were hamstrung? Perhaps GG helped to get us where we are today with the pension fund and the Govt and BPC?
If Donkey is critical then GG is almost certainly a hero!
Bot’s fancy quoting Tidd’s .. thought you said he was part of the big con and a huge ramper … or is that only when it suits you! Any new industry will need a few people with local cred to help smooth / move things a long! I have no idea if GG helped do this .. But the fact he’s still there suggests he has had some useful input … And a part from the Time scale neither do you! But don’t let any of this get in the way of you trying diss things again
That is one perspective of the contributions of the Board members Brad - and is fair enough. How about this for another.
GG has been on the Board for many years now. I remember one specific post by Tidd on his unofficial site bigging GG up by saying he was the man to deal with local issues. It is hard to see what he has managed to fix or accelerate for Tlou. And turning to Linda, and absolutely not wishing to speak ill of the dead, it is hard for me to see what her key achievements for Tlou were. She did not have any/many shares. She did not have any input into getting CBM added to the energy Integrated Resources Plan. Tlou was already a preferred bidder to the initial Gas to Power 100MW concept tender. Doesnt seem that she or GG had any great ability to accelerate the award and construction of the 100kn transmission line. Or pushing to get the sub-stations built any quicker.
So both had great titles when joining Tlou - GG being Permanent Secretary to Minister of Mines & Energy (I think), and Linda the former Governor of BoB. If they used their influence to accelerate matters and decisions, then that just shows how badly TG and team read the local politics in Botswana.
Everybody is getting very excited about connection to grid happening soon. Fair enough. But please stay true to the long and painful journey to get here; I dont know of anyone that comes out with credit in this journey taking so long to complete.
But nobody is likely to agree with me. But then - I hope none of you think I care.
Well said Winni, the board has been really stable for over a decade - and it took a pandemic to separate the one who left us, bless her.
2 June 2021
Botswana Daily News (Gaborone)
By Pako Lebanna
Gaborone — The University of Botswana (UB) has confirmed the passing away yesterday of its chancellor, former Bank of Botswana (BoB) governor, Ms Linah Mohohlo, 69.
Ms Mohohlo was UB's first woman executive head following in the footsteps of previous chancellors former presidents Sir Ketumile Masire and Dr Festus Mogae as well as current head of state, President Dr Mokgweetsi Masisi.
----------------------
In June 2021, it was with great sadness that we announced the passing of the Company’s Non-executive Director, Mrs Linah Mohohlo. Mrs Mohohlo joined the board in 2017 bringing a wealth of knowledge and experience to the board. Our thoughts continue to be with Mrs Mohohlo’s family and friends.
-----------------
Why was an obvious powerhouse, Linah, aligned with TG and Co?
The clues have been there for a long time - clear as day! TLOU has always been a hot AIM share! TG does not want his shares to be diluted unless there is no other option! Same for Doc and the pension fund. The pension fund are not relying on the SP rising to pay their pensioners - they want perpetual dividends - and the SP helps heir credit rating, their country and reputations on a personal level.
Surprise surprise I broadly agree with you Winni. In amongst my many critical posts, it is forgotten that I have often asked why are the powers that be in Botswana making it so difficult for the CBM industry to gain acceptance. The gas is found in Botswana coals and belongs to Botswana; generating power from CBM is globally established and understood; so why why why does Govt / Ministry / BPC make it soo incredibly difficult for a local industry that would bring huge economic benefits to the country get established.
Normal profit minded people would think the road opens up beautifully and is hopefully with a downhill slope. The trajectory for many years has been pushing problems always uphill. But Tlou and CBM industry needs the doubters in-country to change their attitudes and get behind the players. I still doubt those doubters have the capacity to change their positions. Sadly.
The wind of change is coming! The years of slow or no activity or progress are behind Tlou! Moving from an exploration company only to power producer to is close.
Whatever Bots has to say this is a great achievement in its self. I don’t believe for one moment TG or any of the Sophisticated investors and especially the BOPF see this as an opportunity to lose cash in the mid to long term . They will have plenty more information available to them than ordinary PI’s and have shown they believe this opportunity offers good returns or why else would they commit relatively large sums of capital into this company. This together with the fact that board have put in their own cash over the years are a good indication of the future Prosperity going forward.
No business can be built without either dilution or debt it’s how you structure this that is important and how you manage the use of this capital that matters.
Time will tell how profitable it will be and whether it has been worthwhile for all the stakeholders. But I for one am looking forward to ride a head!
Let's deal in FACT.15.12.23 - RI announced for 380m shares;
8.1.24 - RI extended to 31.1.24;
5.2.24 - RI results announced with 33m / 8.5 per cent taken up, meaning 91.5 per cent not taken up;
26.3.24 - shortfall shares 178m / 47 per cent placed meaning now 211m / 55.5 per cent placed;
Balance NOT YET placed - 170m or 45 per cent.
The more the 'pump & dump' brigade post here, the more pathetic they become! So sad; so totally lost and utterly clueless they sound.
Have a good weekend everyone, remember live laugh love! Let's start the weekend off with a laugh
"In short, this current fund raise from sources in Botswana is by no means going to be easy to arrange".
BOTS 28th Feb 2024
So that filter didnt last long.
What do you think Brad - is achieving 55 per cent placement of available shares, after 4 months effort, deemed to be easy? Deemed to be a success? Come on - spin this one in your own indomitable style so that Saint TG comes out smelling of roses.
BTS - good to see your news - I was scared to asked about your Mrs.
ASX closed at 4.3c (2.21p) - so I am still in profit there and LSE is 2.1p to 2.23p on the Fixed price quotes. Stable prices before the horse bolts USAINly out of the 2p range and into 3p and upwards towards the 11p that the pension fund deserve to see again.
Lesedi #6 will get us to 6p , Lesedi #4 will extend it to 10p , and Solar will achieve the 11p in my mind. Positive dewatering news stands in the way. TLOU are more knowledgeable about channeling water away from the coals in #6 and #4. Once the transmission lines and generation kit are commissioned , I am expecting all hands on deck to complete the first dewatering. That first one is all important and subsequent ones are traditionally easier for obvios reasons. Loch TLOU awaits us?
Success looks like 55.5 per cent of shares placed after 4 months trying. Quality effort!!
This time next year Bythesea!
"In short, this current fund raise from sources in Botswana is by no means going to be easy to arrange".
BOTS 28th Feb 2024
For Clooless, success looks like this:
15.12.23 - RI announced for 380m shares;
8.1.24 - RI extended to 31.1.24;
5.2.24 - RI results announced with 33m / 8.5 per cent taken up, meaning 91.5 per cent not taken up;
26.3.24 - shortfall shares 178m / 47 per cent placed meaning now 211m / 55.5 per cent placed;
Balance NOT YET placed - 170m or 45 per cent.
Yet again, a Tlou long termer looks but simply refuses to see what is Plain & Obvious.
Hello Oldbut I am still married but dont see much of her as I am retired over 8 years now and she is still working.Someone has to keep me ha.I still have a million shares and over 50% down so a good rise will retire the wife.Maybe I should be careful what I wish for ha.
With the likelihood of the BPC not paying their PPA , the likelihood of civil war kicking off in country ... the gas being of poor quality a long with no further funding available ... i can't see this share price holding up anywhere near what it currently is.... Hang on a minute I'm not BOT'S..
For me, it's well undervalued currently and will up around or above the 5p mark with a good head wind when first gas and power is put into the grid!
HB, bots made a prediction didn't even last a full month before it was wrong horribly wrong..
"In short, this current fund raise from sources in Botswana is by no means going to be easy to arrange".
BOTS 28th Feb 2024
Long time no see, By the sea! Has she divorced you yet?!! Well not too long to go before Botswana nationalises Tlou and we all have a nice long court case to see us all in our respective coffins! Only joking - I hope. I did sell a third to reinvest but still got half a million. Who knows? Keep smiling.