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Throughout all the years of Donkeys negative Donkeys . He has failed to understand that most if not all that have invested here are aware of :
A) The risks involved with investing in a start up
B) Investing on the AIM
C). Investing in a company trying to establish a new industry in an African country.
D) That dilution will be the name of the game until the company is establish and is producing
E) There will be many ups and downs to enjoy/ suffer
F) It could totally fail
The Aim is littered with failures ..but there are some indications that help along the way .. And for me Tlou has had a quite a few .. So here’s hoping !
Lol bit creepy, why is your first thought in the morning how I slept.
Anyway back to the topic at hand
1) So you don't have any reference to where you answered my questions several times, on how you got it so wrong as to how hard it would be for the company to get funding from investors in Botswana! I thought you had knowledge on the ground? Or is it in fact you don't have a clue....
2) So I didn't miss anything useful in your last post? Was just full of drivel as per? Thanks for keeping this one shorter, try and drop the drivel though...
3) How is teaching yourself how to read a balance sheet to give Brad his teach in? When can we expect it? Or as always was it just unsubstantiaed BS and there will be no teach in as you yourself don't have a clue...
Hope you slept well Clooless
Zooombie, zooombie eh eh eh eh in your ......
Also it wasn't a question but apparently you have answered my question which wasn't a question several times, god you are thick hahahaha
HB I'm not actually expecting him to answer, he won't (as basically admitting he doesn'thave a clue).. I like to remind him what he said though and will continue to do so after every post he makes
Apologies if I missed an answer several times please point me in the direction of the post you answered it? I wont hold my breath
It wasnt a question. And it was answered several times. Aimless and clooless
Got to be fair, clueless, I think you need to be moving on from that question. If you haven't had an answer by now, it ain't gonna happen.
I'm asking questions babes, was it you that said this back in Feb one month prior to the BPOF trebling their holding? "In short, this current fund raise from sources in Botswana is by no means going to be easy to arrange". Its a reasonable comment but you got it so wrong and I am asking why? And why were you the only one to get it so wrong?
I'm only asking as you tried to show how you were such an oracle of everything about Botswana because you knew (I assume, as you didn't answer your own question) what countries boarder Botswana.. So someone who thinks so highly of themselves I would have thought yoy would have been the last one to get it wrong, but you were the first and only one..
Also you say I have nothing to add what useful snippets did I miss skimming through your last long boring post... enlighten me
brad - i will humour you and show you how to calculate the very difficult maths on equity issued arising from conversion. in a day or 2 when i have time. but your post concerns me on a number of other points.
you were a director of a plc yet you dont know how to read a balance sheet. perhaps this explains why you think dilution is unimportant.
you put your faith in your accountant thereafter - do you think your super hero tg puts all his faith in his accountant.
of course when i present my sums on note conversion to equity you wont give this any credibility. you have already decided i know jack s, and you know everything about everything.....
and just to prove this point - you are sooooooo locked on 20th, when everyone else knows 2 is close to 3 on the keyboard.
clueless - will tell you again, i said back in 2023 what if the doc and bpopf did not subscribe to the then rights issue. they didnt. i think it was a more than reasonable comment to suggest that raising money from them thereafter might be difficult. you, like your dad, seem to have bi-polar or add traits - or is this really the very best you can find with any of my high quality posts ...... i mean man, have you anything to say here - or are you just a sad heckler sitting up on the balcony chirping like a ****** .....
I steer clear of balance sheets since my days as director of my my own plc.
I generated the content and never understood my own figures by the time my accountant had turned them into accountant's speak!
The first thing I wanted to do was to buy my car from myself.
My bank manager said he could not advance the money to my company because it had no assets for security on the loan. Understood!
He said a personal loan to me was a formality.
He agreed to me repaying the loan from my plc bank account.
It went ahead - mission accomplished I thought.
Some time later, loan paid off, I part exchanged my car for a new car.
My accountant prepared my accounts, with me thinking my company owned my original car having paid off the loan for me.
But no - my company apparently owed me the part exchange value of the car???
I will never understand it, partly because I did not want to. If the tax man queried it, I wanted to be able to truthfully tell him I did not comprehend it and my accountant needed to explain it to him.
Accounts went through fine so I put my faith in my accountant thereafter.
Anyway, I have never challenged Donk's claims on what these convertible notes would mean in terms of dilution and his claim of 2Bn shares, Today I thought I would change that!
It was too complicated for me - just deciding whether a number is GBP, USD or AUD does my head in, always has! And then I see the Doc has a fixed price of 3.5 cents (AUD) - simples?
But elsewhere that price is up to 6 cents (USD or AUD?) or 10% below the prevailing weighted average of the sp and I am lost! Weighted averages I am fine with, we used them all the time at BP Finance. But what happens to the 3.5c? The documents are in unreadable columns which makes it even harder.
I know how stupid Donks is on the simplest facts, just this week, 20th April invented for a factual 30th April close , and how additional shares to an earlier placing from the pension fund was not a wonderful result for him?
I cannot think there ia a snowballs chance in hell that his arithmetic on convertible notes are remotely right?
Here is you chance to shine Donk! Explain the numbers in plain English for me showing the currency in question. You have never defended yourself on any issue in a decade so I do not expect a positive response here. The filter is back in place but if you succeed in this mission I think the gasps from other shareholders will tell me I need to unfilter your posts and I'll have some numbers to crunch (in all senses ofthe word) because they are 100% certain to be massively wrong imho.
Was it BOTs that said funding from parties in Botswana would be tough to raise, less than a month before Botswana Officers Pension Fund trebled their holding?
That's almost... almost a fair comment, donk, but not quite. I'll leave you to filling the gaps.
Come on HB. If you are going to rag me for worthless posts, then please do the same for others.
It is April , and Donks is the April Fool, not for a day but all 366 - a giant leap for an ass.
I was asked to fund my credit card by my bank because I passed 90% of my credit limit!
The card does not have a sort code and account - just a 16 digit card number and I wasted hours trying to fund it! I was at the point of ringing them to sort it out when I found the option to increase the credit limit online. Took milliseconds to enter a new limit and it was done there and then! Sorted. Why didn't they suggest that to start with? PC is over the top nowadays. Years ago they'd write to tell you they had automatically raised the credit limit. An automatic house insurance from last year was unexpected. Luckily it was competitive so I got away without cancelling automatics which I usually do at the beginning.
Current spread for fixed quote on 6k shares - 2.16p and to buy 2.492p mid-point 2.326 tiny rise if is holds.
Funny how one minute Donks is always going on about the bottom line - and when I say my average is 2.2996p and we reach 2.3p or more - it becomes a source of derision for him. And he wonders why we don't take him seriously?
Donk, there is ZERO value in that post other than gobbing off.
You are gobber-off-in-chief.
Boring.
Bots it was 2b shares the other day .. where have the other 800m share gone .. still not sure why you feel the need to spout your negative rhetoric .. all that Tlou have or haven’t done is there to be seen by those that choose to look .. You remind me of an 80’s band Mental as anything .. were you the lead singer?
Great, well done - you are in profit. After how many years?
With the share price down near its trading lows, hope the settings on your calculator are correct.
Constant drivel Bots (yeah I forgot to put the fiter back on last time) I onlt mention the 1m because they are in profit. I have 3 other accounts with shares on ASX and LSE but I haven't said how many they are or whether they are in profit or not! They cost and are worth a penny or two over £25k though chum! Those £300 or £500 monthly top ups for frequent trader discounts mount up - but 1+1 is still i2 so you'll never understand.
Why did the Doc not participate in the placing? Has that reason now disappeared? And cloth head why is the 20th relevant when it is the 30th that is the deadline. Do you ever get anything right?
Free - can we expect Doc to subscribe for the 169m shares on or before 20th April ?
With a company that has 1.2 billion or more shares in issue, why oh why do we have to listen to this constant drivel about Brad's 1 million shares that cost him the princely sum of 25,000 quid progressively invested over the last 150 years.... So much space taken up by matters of incredible irrelevance. Almost as irrelevant as my negative comments. It all just doesnt matter.
Wake up everybody. Tlou are about to connect to the GRID and sell electrons to Botswana Power Company. They are going to run up an ever increasing debtor balance with a Govt backed parastatal that is basically insolvent. Dont worry, after spending 15 years to develop the best looking coals in the world, the decision makers have decreed that Tlou can prove the concept by selling 2MW and hopefully 10MW, any everything thereafter will just be hunky dorey!!
We are all going to be rich, RICH I say. Jump in; get on board; mortgage the house; mortgage the wife; invest the inheritance - this is such an incredible good thing. TG is the man to make this happen! GG used to be a Permanent Secretary in Govt serving Cabinet, he is a real mover and shaker with the power to lobby those in the corridors of power in Govt. We are in such good hands; how can it possibly go wrong !!
Oh, i got carried away. It went wrong about 10 years ago - but most here missed that. Doh
I agree this makes more sense
Brad I very much doubt if the entitlement shares will be offered to PI‘s .. it would be expensive to do that now! They may well be talking to some so called sophisticated investors ..
For dummy sells and buys of 6k shares.
Bearing up quite well considering the 1.8p being asked for the 169M placing.
"Connection to Serowe substation achieved, Lesedi no longer isolated from primary Botswana electricity market" - does that not mean the substation is ready? Especially after the following bullet point ...
" Lesedi substation which will connect Tlou's power generators to the transmission line now approximately 38% complete" which was back on February 23rd?
As I said at the time, If Serowe is complete then resources will not be split between the two sites so progress could speed up with only Lesedi getting 100% of manpower and kit. Installing the generators at Lesedi is possibly more of a task than installing switching gear at Serowe - but that is what the 38% referred to I suppose.
I still think of buildings for a substation - but they are presumably just secure areas with high railings lie we see in the UK? But the generators will have some sort of protection? anybody know?
Always look on the bright side of life?
They're connected but need to finish the substations.
AIM is to get power into the grid by mid year once they've closed on the 6/7 million AUD they still need
Connected to the grid meaning Tlou Energy are earning revenue. Poles and wires are all up and connected, so only substations left which should complete by June - August.