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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.
Same, but without "not". In fact, as I've always said, it's all about the gas, and I believe completion of dewatering and confirmation if commercial flow rates will push us close to, if not over 5p
Share price will not trade above 5 pence in the period from now and until one month after the announcement lands grid connection is in place and Tlou says it has sold first electricity to BPC under their PPA.
ASX closed at 4.4c (2.27p)
In 12 days we'll see whether 169M were ditched or allocated and then we'll see how the news is received.
I like the stability across the world - people are holding and not identifying 2p+ as their target to get out.
Good to see BTS is still with us - not so destitute to have shed all his shares.
My ASX shares are still in the black. Given #6 was mentioned in the TB's tweet and #4 was not - #6 looks very promising considering #4 put #3 in the shade a long time ago.
I guess dewatering is mutually inclusive for all the drills - and they might all be as good as #6 once they are all dry (relatively). Until we can distribute electricity to Serowe , I still firmly believe TLOU are not throwing all hands to the pumps on gas extraction!!!
Wasting unuseable gas in bigger flares is not TG's way! And storing it will waste money. There is more chance they are minimising the flows (e.g. #3 is partially shut off?). The lock gates will be opening soon in my imagination.
You go first, donk, the all seeing eye that you are, then we won't need to guess 😉
Well if you were here long term (which you are, just under different names), then you would BTS story. He read and believed all the hype and ballacks spewed by the pump and dump team of class of 2016 to 2018. Then pumped in a big chunk of his retirement savings, and here he is, 6 years later still waiting for Tlou to connect to the grid.
So he doesn't have to wait much longer for that. Good things happen to those who are prepared to wait and all that, right. Then again he only starts making money when the share price rises to higher levels - so soon everything will be great for him. Right ??
Come on everybody, its about time you guessing the price when Tlou and Saint Tony finally achieve their Holy Grail.
I have and only come here recently so wouldn't say I have been long suffering... anything else insightful to add? Sorry you wasted my time reading that post only thought its fair I return the favour...
We all know BOTS has an agenda and thats his own choice to carry on or not just dont read his posts.
But one thing I think he has got right is I dont believe the people saying they have filtered him.
Still waiting still suffering,will the SP ever get back to my break even figure.Even after all the progress made its still poor so I would not bank on it.
Filtered one - when will you realise nobody wants to hear from you?
All you get back is replies from people who ridicule you - the rest do not think you are worthy of a response! Even Whizzer has stopped ticking your posts when they criticise St Tony or one of his disciples.
Are you that Japanese soldier who surrendered 29 years after the war was over?
Was he hiding in Botswana with his head in the sand perhaps? Hence you view that you are some sort of expert on Botswana. You only had local newspapers to wipe your donkey with. You do realise you do not have to be a paid up subscriber on ADVFN to post, do you?
Were you subscribed because you were banned there? And are they too shallow to reject a subscription from the unwashed? You killed that board and reduced this one to a shadow of what it was. Like TLOU , we are beyond the point of no return , as a chatroom. It won't be long before humble pie is all there is for you on the menu!
Most normal people just ignore someone when they filter a poster. Here they filter a poster (or say they do) but keep talking about him. How weird are you guys?
PS You do realise in a democracy folks are allowed to express their opinion.