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Lol ok BOTs this is getting boring now it's like pot calling the kettle black.. your profile active since August 2023 99% drivel on this board.. mine is a couple of years older than yours lol..
Just tired of reading your drivel so thought I would see if there was any substance below it but as I found out since you can't answer simple questions it's as I first thought drivel and bitterness because you got badly burnt..
I wont engage anymore as no point you haven't got anything useful to say lol I will just remind you of this quote and the aftermath less than a month later on everything you post (until you make yet another username)..
"In short, this current fund raise from sources in Botswana is by no means going to be easy to arrange"
That was an absolute classic!! Hilarious
Back to TLOU so once we get to 10MW my sources indicate that the transmission line will be able to handle up to 25MW? So nothing needed to be done there, I wonder what it will take to handle more.
25 posts and all about me. I am beginning to feel like you are a stalker. I mean, you create a new profile just to try pull my tail.....
So which one of the 2017 pump and dump crew were you cloooo?
You wouldn't be hard as a specialist subject, not much to you bud.. I was only asking you questions on your posts but seems like there is nothing below the surface..
I'm sorry you got burnt in 2017 but that is no one heres fault (not even your specialist subject brad for whom your obsession with is a bit creepy).. you pushed buy at the end of the day...
I am trying to discuss tlou see my questions which you are seemingly unable to answer, I didnt think they were that difficult
You are always right cloooless - in your own mind.
kKeep it up - everyone knows you are only here for 1 purpose, to try wind me up. Not biting mate - you are just toooooo obvious. Try harder buddy.
Better still - try talking about Tlou. Assuming you know something about the company. Seems I am you specialist subject; how back to front is that.
So come on - tell everyone which one of the pump and dump brigade were you back in 2017.........
I was right about you BOTS - "I suspect like my question on the shares I wont get an answer, just a comment then your head goes back in the sand...", well not completely right you are way more stupid than I first thought..
If the questions asking you why you think certain things you posted are too hard, let me know I can try and dumb them down for you...
Also remember when you said funding for investors in Botswana wouldn't be easy, only for the Botswana Pension Fund to buy 10x their original entitlement in the open offer less than a month after your post on the 28th Feb?!?!?! Hahahahaha that was gold!
You are right Brad. All the other clueless shareholders are wrong and you are right. Only you and a couple of regulars here see the bigger picture. I feel your pain; it must be very frustrating for you all.
Until we start seeing hundreds as the number of trades - the closing price us not very relevant.
We want the trend to be up of course - but don't be disappointed if it drops.
I can promise you there will be many idiots out there who'll sell toa aa fraction of 1p profit , will apply for more shares than the sold forthe same money, will get fewer or none at all that they want, and will drop out or pay more than they received afterv the placing is complete? So many miss the bigger picture and view a bigoted picture that was always tripe!
Thanks TB .... your approval is worth a lot to me. As was MM's of course. And half a dozen other posters on here.
I wonder why Tony went to the markets with AIM at such a high price? It was doomed from the start.
Was he so demoralised that the approaching delivery date would not bring an inevitable rise?
For him Catch 22 was no funding , no rise and price rise , excellent fundraising prospects.
He bought some more shares for his family group in a vain attempt to bolster confidence.
The Doc was presumably asked to keep his holding well below 51% , and his absence presumably worried the Pension fund who benefitted from his presence/presents along with a high number of small shareholders.
Hopefully the moronic shareholders will not drive the price to below 1.8p and 3.5c? For me that is the only risk! And we gave seen it happen too many times before!
Spread of over 19% here is why it appeared to drop from the 11 month high last Friday 22nd March.
This site shows up 9.5% with 9% spread .
Main broker has it up 14% to 2.39p
Now above the last 4 buy tranches ( 1 in ISA )
12/2/24 share dropped back to 1.37p near the October 2023 low of 1.35p from the 28/12/23 1.49p.
1.49p today down 10%
Dropped to 1.35p on 8/9/23, 15/9/23 and again 2/10/23.
Rights in Australia on 15th December 2023 .
Another Completion of Private Placement 6th October 2023 .
Both they claim at a premium to Australia price .
Topped up in ISA 1.598p.
Not to much chat here.
Not only has Jarvis left it too late for me to sell some shares at a profit , but I see they need written confirmation of my requirements by 2nd June.
So time restrictions at both ends of the candle. Two buys at 1.98p and 2p this morning give me the slightest hope of retrieving the situation and there is still just enough time for me to test the auction this evening.
Best offer was 1.9p , and on best offer it is instant take it or leave it.
Limit bid allows up to 90 days expiry date so tomorrow will be in time for 2nd June by email, but not snail mail.
The answer is no , Ripley.
I am not selling any at that price. I have already sold enough at 2.1p and 2p on my IG account to raise enough cash to take my full entitlements on LSE and ASX and a few more on each account.
I am willing to sell at a fraction below 2p, 1.98p+ perhaps, to take up my new shares on LSE at that broker. I am reticent to do what I suggested , i.e. enter a sell over more than one day so my trade can figure in the end of day auction. It could work well , but also risks part-fills of hardly any shares on each day ,with commission payable on each day.
I might buy a few for my ISA seeing there is no commission charged. Spending the £5.95 commission saved adds almost 300 new shares to any rights issued shares.
I agree that the 17p price wasn’t realistic considering where it was and what needed to be done.. And yes the ducks haven’t aligned yet .. so I guess we are where we are because we haven’t proven anything yet …other than there is gas ( but how much and at what pressure) and we have got the poles and wires being installed … so all to play for going forward the future could and should be bright especially if they get the funds for on the offer in full..
Winni, I think the only answer to your question is 'yes, if it is this low, then it should be this low'. What I mean is, all of the many factors that would go into an irreversible rise have not yet materialized. I would also say that when it was 17p, it shouldn't have been that high. I'm not certain if that was the result of a concerted pump and dump, or just people buying into Tidd's hype, but we were probably nowhere near justifying that price back then. Just my thoughts.
BradSmith you are selling some at 1.83 to raise funds to buy rights at 2 ?
My first Tlou share purchase was done at 8p per share back in 2016.. one would think that the closer they came to first revenues the price would rise due to the de risking etc .. But not on the AIM it does the opposite.. will never understand this ! I know dilution plays it’s part but still .. this share price shouldn’t be this low ? Or should it?
Just tried sell at best offer with my main broker and they only offered 1.83p
Not prepared to duck 0.17p per share to raise the capital for the rights issue at 2p
So it looks like I will be relying on IG for my placings. I might apply for a few using my own money but I cannot justify drawing out savings to do so. If TLOU had given us some warning I could have sold when the going was good and taken all my quota - but then the sp would have dropped sooner than it did and stopped some from applying for their fair shares.
Bought half the number of large entitlement ( D ) for lesser 1.9p went strait through 10.25 am.
Had just logged on for day, chart shows coincided with day low .
Option to by more then entitlement ( Wi )
It was more to show you there is info out there.. the offer document is on their website in the report section. If you read it, you’ll have a better idea of what’s going.. rather than moaning about the lack of information out there .. all the best to you !
Whizzer : didn't put that up to get you to take part .. thats totally up to you
No I hadn’t seen that info winni but I’ll still not be taking part but all the best to you though.
How quickly they can up scale the power plant will obviously be dependent on funds available. Here’s the thing, this will take considerable capital to set up. But once achieved, production will be for decades not years with minimum running costs. Although it will need constant wells drilling to satisfy the expansion and running of the power plant. Make no bones this a big project … but there is a market for whatever power you can produced and will be for the forceable future!
Here’s an extract
Drilling campaign, gas flow rates and impact on economics
A new drilling campaign is underway, aiming to utilize improved drilling methods to increase the existing gas flow rates and hence, improve project economics. Each new pod (starting with Lesedi 6) is planned to consist of three wells: one vertical production well intersected by two lateral wells that are drilled for a distance of about seven hundred metres each.
The Lesedi 4 pod has been operating for 3 years. The Company has identified blockages where water has accumulated in the low points of the lateral wells, restricting the amount of gas able to be accessed. Tlou has assessed the length of the lateral wells that is contributing to the gas flow in Lesedi 4 and intends to deploy improved methods to drill straighter lateral wells (starting with Lesedi 6) and in this way, aims to reduce water accumulations that can restrict gas flow.
The new drilling campaign that Tlou is embarking on will comprise a series of production wells from which the initial goal is to generate at least 2MW of electricity in aggregate. The number of wells required will depend on the gas flow rate achieved from the new wells.
1
Whizzer …have you read the offer document?