TLOU ENERGY Share Chat (TLOU)

You really do talk and post endless donkey poop here !!

Tou are filtered though that should be the impersonal Vous I think!

I told you I am playing with charts for the pure hell of it and filters are bypassed.

When Who Where

Today 15:52 BOTS_PROJECTS Posted in: TLOU.L

Today 11:36 BOTS_PROJECTS Posted in: ZIOC

Today 11:32 BOTS_PROJECTS Posted in: TLOU.L

16 May 2026 20:39 BOTS_PROJECTS Posted in: TLOU.L

16 May 2026 12:56 BOTS_PROJECTS Posted in: TLOU.L

....... from clicking one of these rows!

Who Custom

BradSmith [Table]

ripley94 [Table]

BOTS_PROJECTS [Table]

Winnimandala [Table]

Get over yerself will you. As you can see your actual posts (all 4 of us) have disappeared long ago.

And you can see your history is not from out Tlou pages.

Hahahahahahahahahahahahahahahahahahahahahaha

Irony is totally lost on you. Like everything else.

Still filtered I see. Not !!

Former Botswana Minerals and Energy Minister Lefoko Moagi has not been convicted of embezzlement, but he faces multiple corruption and money laundering charges involving over P5.1 million in alleged illicit gains.

The charges, which came to light in early 2026, include:P4.7 million Bribery Scheme: Moagi is accused of pocketing P4.7 million from New Energy Company (Pty) Ltd in exchange for approving mining prospecting licenses in Gantsi, Tsabong, and Tutume.

Livestock "Gift": He is further alleged to have obtained 100 heifers and a bull valued at approximately P417,500 from Sieyuan Electric Botswana, a company that held contracts under his ministerial portfolio at the Botswana Power Corporation.

4,700,000 Botswana pula equals 248,320.79 Pound sterling

Bail of 5,000 Botswana pula equals 264.17 Pound sterling ? Mega crook or Mystic meg?

As I said earlier today - his 10MW PPA was well intentioned though misguided.

I did not revere him like you did! You even took his name as your LSE username!

His English was much better than Eric's which was a blessing. Tis a shame most of his days as Minister were during lockdowns so nothing could help Tlou much.

Best leave the children to it - both equally thick-skulled and vacuous in their mindets.

Moagi was charged with corruption and should have been heard in court on March 27. That was pushed back to May 4 as he is disputing the papers served on him. In order words he is negotiating a deal behind the scenes which may or may not prove successful. Only time will tell. And rest assured I will hear the outcome before you read it in newspapers.

Mzwinila might be the former minister that has absconded to SA. I cannot be certain on that, yet. But I am less interested in him because his corruption was in the Water Utility and not Mining space.

There will be others for sure. However my concern is that it is the weak, dispensable ones that get charged when the real, major culprits buy their way out of jail time. Twas always thus in Africa. And elsewhere I suppose - no point being a virtuous colonialist in shaping opinions. Biggest crook in the world sitting at the seat of power in white house.....

Sadly for Botswana, the Khama family are back in-country. They have much to answer for but sadly it seems UDC and Boko are not gunning for them. Unless of course he is playing the 'keep mine enemies close' strategy. Again only time will tell.

Remember Brad when you said how amazing and noble and supportive Moagi was for Tlou. He was a mega crook. Another example of your naivety ..

A poster on HC just referred to GpT as "uce".

"Uce" (pronounced oo-say): A popular Samoan slang term that means "brother" or "bro," derived from the word uso. It is commonly used among male friends and has been popularized globally via Samoan-American wrestling culture.

Https://www.youtube.com/watch?v=UgZeYBiGqtA

This one could be a commode?

To date in 2025/2026, there have been no public reports or official court records of former Botswana ministers being formally charged with corruption. While a sweeping national forensic audit was released outlining widespread government procurement and financial management failures, formal corruption charges against former cabinet members have not been filed.What is currently happening:Forensic Audit: The government commissioned and presented a national forensic audit report covering 30 ministries and state-owned entities.Implications: The audit findings implicate over 80 current and former senior government officials as well as contractors in systemic irregularities.Investigations: Investigations by institutions like the Directorate on Corruption and Economic Crime (DCEC) remain ongoing, and the government has committed to using due legal process in evaluating the findings

This has been a sad share for all of us.

I have watched many respectable shareholders fade away , and throughout that there is the same troll talking about never having been wrong in an undending torrent of half truths and fully blown lies about anything he thinks is harmful to Tlou or Botswana.

MM, BytheSea,Lager KHan and now MFM have all seemingly bitten the dust in the Kalahari desert, some leaving at fortunate times when, little did we know , the shareprice was quite good compared to what was coming. MFM exit is a shocker , he must have thought £1m was possible for this share. I was concerned who was giving their stock away in case it was Doc. The evidence was that it could not be him but I never considered that it was one of us! I remember doubting that any of us had 3m shares when that was a pertinent holding for a while (dunno why now) and MM told me that I'd be surprised how many people owned 3m!!!

Please tell me, I was not responsible for MFM's exit. I still feel guilty that I encoraged BytheSea to stick to his holding. I have always stuck with mine, because through thick and thin, I always thought the price was about to start climbing. And the partnership this past year is the same!!! We have never been closer to a boom!

One announcement confirming Kala are funding Tlou is it all it needs.

When MFM asked me for the date this was going to come, I never thought for a nano-second that I might influence him in his decision to hold or sell. May Day without 1 month trial , and end of May if they needed to check the reliability of flows for a month ( confirming last year's trial) is what I really think.

MFM was not messing , he allowed me 4 days over the weekend , but the gravity of that went over my head!

June is busting out all over? A boom rather than a bust I hope. Still think this is a diamond but I am too old and decrepit to buy a hydrogen powered motor cycle. A hydrogen powered commode maybe!

Grow up you utter Prick!

It explains why corporate hospitality is popular.

They are going to be expanded and season ticket for it is over 6 grand a year!

Season Ticket holders will move out unhappily to where I watch games , and I'll end up moving behind a goal maybe! Club is increasing the capacity from 11,300 to over 18,000 so it might be possible to buy a season ticket again. They stopped issuing ST when Liz was first diagnosed and I did not renew my ST for a 3 yr period!

I get points for each match I attend so I get a choice of first day sales online. But I'm usually around 1000th in line in the queue. Choice is limited for the bigger matches. It works well , usually reach #1 within 4 to 6 minutes!

Cheers Winni , lack of boats too perhaps? Too many stuck with containers full of generators. The perfect storm with new Customs regulations as well.

Just been reading about Cherries fate if we get into Europe.

A new formula for pair play economy wise comes in this season. It is the ratio of earnings to expenditure on games with various elements being lumped into to those groups.

The gate money, players earnings, prize monies and other thing go into but the expert said the clubs with small stadiums will be hit hardest! Low gate money goes into the divisor where its impact is to heighten the numbers!!!!! We are likely to be in the region of 90% , and Palace, Brentford and Brighton are affected similarly,

Champions league matches should be less than 85% to comply , Uefa and Conference less than 70% .

The only way for us to lower the % is to sell more players at high profits!!!! e.g. Semenyo to City

The cost of transport and accomodation across Europe is going to be high too. It sounds desperate!

Players will demand bonuses which also have a negative effect.

This season there will only be warnings but the numbers carry forward to next season.

Football ain't what it used to be. The weekend kick-about is more complicated than the Stock Exchange now!

The numbers are around £200m or even £300m - plenty to see Tlou funded I reckon.

The pies and pints at grounds are too expensive for my taste , but if the club sees the profit it counts towards gate receipts. I expect the caterers get the profits but I'll see if an expanding waist line will help the club.

Brad .. yes of course they need to get up and running.. and by the way it wasn’t custom issues it was global delivery issues .. and possibly the lack of containers that slowed the delivery of the generators down .. Kala need customers before they need to increase the capacity of the data centre .. Tlou need to supply gas .. solar is an obvious option but then without gas it’s only for 12 hours a day at best ! There’s also the supply and delivery issues every man and his dog is trying to to open up solar projects especially in Southern Africa.. For me gas flow is key not only for The data centre but also to get the PPA up and running..

Winni , do you not agree that Kala needed to get the Data Centre started with the new production gear all in place to prove the trial last year was not a fluke?

That was kicked off sharpish, with generators ordered and paid for in advance for delivery in Aug/Sept!

Tlou broke the bank to optimise gas flows for their installation in Sept/October. With earnings and concept proved , the next phase could be funded i.e. extra wells and/or further gas flow improvements with new money.

Customs problems brought that plan to a stop! No generators until nigh on Xmas , with Tlou short of funds!

Kala and Tlou have achieved phase 1 now and have been operational for 2 months or more.

An announcement of that fact may have lightened the mood. But they did declare the Data Centre open and working and earning first revenues, and not reported problems, so phase 1 is clearly complete.

During the delay , Solar plans were brought forward and before funding can be announced they have to be agreed or otherwise! It is only a few weeks since phase 1 completed - so I don't understand the fuss and worry that is clearly rife between shareholders.

Imho it is going to plan , up to 4 months late, and the plan may be revised to include a Solar phase or two.

It has merit, especially for the Data Centre to grow from 1MW of Solar! But 5MW for Tlou will take a while!!

Would the time and money spent on Tlou Solar be better spent on Gas Flows which have to be done sooner or later anyway?

Getting it right is better than guessing. For me it all hinges on how much more dewatering is needed, over how long, and would 5MW of Solar be quicker? And are the funds available to do BOTH IN PARALLEL??

Sounds an expensive option but we planned for both originally , so in the end both needed funding plus INTEREST without a partnership. With the partner in place we can ignore Interest costs but can Kala justify funding everything at once? Or will they need to be done serially so we reduce the earlier loans before borrowing for the later work. Solar + storage vs Tx line + excavations , or all 4 together?

Must be tricky , depending upon the budget. Both boosts extra income for Kala unless the electricity is more profitable to Tlou from the PPA than the Data Centre.

I do find it some what unbelievable that the company has gotten this far .. but are failing to get the ball over the line .. it’s beyond me to think they spent all the capital putting in the post and wires almost finished and don t have enough to get commercial gas flowing! They already have customer waiting for the power ..

so none of it makes to me sense to me … they then announce that they are fully funded ( on twitter) through the Kala link up … only to find a year on they haven’t moved one jot other than a bit of infrastructure for the data centre! It’s really no wonder investors can’t see a positive outcome .. the company haven’t communicated with its shareholders other than what is regulatory required .. again which isn’t positive .. once the flood gates open people will also jump into selling for fear of losing the lot!

The company need to announce their next move before things get totally out of hand, from which they can’t or won’t recover!

Ripley is more likely to be MM than a Brad alias. Just saying

MFM , please think about you are saying here?

Given the length of most posts I make do you really think I have written 15,000 odd posts?

Check ripley's history and you'll see how many company's he's posted on.

Given the time I spend on TLOU , there must be 72 hours in every day for me to cope.

So you have an alias too Brad. That's a bit hypocritical isn't it? After admonishing donkey for having multiple aliases. Nearly 7,900 posts as Brad Smith and over 7,500 as Ripley94 so you've clearly been posting as both for years. Add that to the fact that you and donkey have often exhibited exactly the same character traits and it really does make me wonder whether you're actually posting as all 3! Not with a dodgy memory but with multiple personalities! Time to come clean 'Brad' how many aliases do you post under on the lse forums? And don't you think it's a tad hypocritical to lambast donkey / bots for having multiple non de plumes when you're doing exactly the same!

Maybe hot copper best place to get info .

October 2021... 5.47c

April 2024 ...3.91c

July 2025 ..2.05c

Today 0.6c

Continued recent post 11th May 2026.

we can deny Kala access to incremental advances on new gas power!!!

Kala clearly think they will dwarf the PPA profits. But the is the deal of the century for me.

In 2025 Tlou demonstrated they could supply a steady flow of gas for a month. Kala will not fund us imho until the new generator confirms this is still the case in 2026.

I'd like to see why you cynics are confident this plan is doomed!

Tlou can now increase gas flows and provide it to Kala instead of flaring it. And the TX line can be completed within a few weeks if Kala cannot use the additional power.

To my mind the risk is that Kala are insincere. Their projects are just getting started. Their chance of setting up Tlou for both BPC and Kala are 90+%

Your dismay is based upon a 10% chance at best.

New investors are put off by the share price - they don't know it is a false price. Would Doc risk millions in loans on a 10% chance!

He knows the actual story of course and that is good enough for me.

Tlou were always going to spend time adding wells to grow! There is nothing new here , except extra gas flows are actually useful and valuable.

we can deny Kala access to incremental advances on new gas power!!!

Kala clearly think they will dwarf the PPA profits. But the is the deal of the century for me.

In 2025 Tlou demonstrated they could supply a steady flow of gas for a month. Kala will not fund us imho until the new generator confirms this is still the case in 2026.

I'd like to see why you cynics are confident this plan is doomed!

Tlou can now increase gas flows and provide it to Kala instead of flaring it. And the TX line can be completed within a few weeks if Kala cannot use the additional power.

To my mind the risk is that Kala are insincere. Their projects are just getting started. Their chance of setting up Tlou for both BPC and Kala are 90+%

Your dismay is based upon a 10% chance at best.

New investors are put off by the share price - they don't know it is a false price. Would Doc risk millions in loans on a 10% chance!

He knows the actual story of course and that is good enough for me.

Tlou were always going to spend time adding wells to grow! There is nothing new here , except extra gas flows are actually useful and valuable.

Https://hotcopper.com.au/threads/why-is-the-majority-favouring-no-funding.9150288/?post_id=83904744

I so my best to explain my view of where TLOU us.

Those who voice against me largely think I am dreaming but I think it is them who are asleep and having nightmares.

All I am doing is using the evidence in front of me , and try to see the motives behind each item.

Why are we struggling to funds for our various plans.

1. I invested when Tlou were being backed to produce Gas cylinders of CBM by enthusiastic shareholders who had faith that Tony would repeat his successes in Australia that produced profits above $1bn and $3bn.

2. It was going well , Selemo reached desorption within a few months so gas was flowing and Tlou expected to be delivering gas by lorry in 18 months.

3. Then the Govt issued a RFP (request for proposal) from the active companies, Kalahari Energy under subsidiary Sekaname, and Tlou Energy, for them to tender for a share of a PPA which was limited to 100MW of power. Tenderers needed to include their proposed prices plus other factors! TG never wanted a PPA because he did not want to tie himself to 2016 prices when they were ihho goig to rise dramatically with time. And he was right!

4. The outcome was a PPA for 3MW at Tlou, and 97MW for Sekaname.

I have never found the article again but the latter insisted they get a decent offer or they'd withdraw. Was 100MW decided before or after?

5. The RFP was a modified version of a raw coal RFP ,because the same rules were erroneously thought to be identical? Cut and Paste exercise replacing Coal with CBM gas effectively!

6. Then a RFQ followed which embarrassed Sekaname who asked for maybe up to 6 more months to compete it. Progress was hindered there but then a flaw was discovered! Existing Coal suppliers were asked to show evidence of supplying BPC in the past!

That clause now required evidence that was impossible for CBM gas!!

7. The progress ceased, mistrust was overwhelming and the revised requests were studied in detail for other mistakes. Tony's 18 months to lorries were thrown away on the effing PPA that Tlou never wanted in the first place.

8. The RFQ was probably the point that Sekaname asked for more time!

During this wasted time , maybe 2 years , Tlou changed their goals!

I have always wondered why 100MW was required? Why wasn't it a value of gas? cu feet???

A TX line to the grid at Serowe was added - at least 2 more years - and since March 2025 we have moved on to supplying Kala's AI Data centre.

This cake has icing though! In return for our free gas or electricity to Kala onsite at Lesedi , we'd be rewarded with 25% of 50% Kala's profits in cash and the other 75% would be withheld until the funding from Kala is repaid (and we get all 50% of their profit).

On top of that income , we are entitled to our profits from the PPA.

And should supplying the PPA be more profitable than Kala's 50%, under a hedging agreement, we can deny Kala access to

If you wonder why I don't proof read before sending out typo riddenosts , there is a reason for it!

I have not worked out what goes on, but when I scroll the box we have to type in ,both keyboard keys and mouse scrolling are capable of making the focus jump to random places on the page! And sometimes I cannot find the box at all. I don't have the finger skills on i-phone to ctrl-k or unpaste , but on the laptop where I can do those thing, I still cannot retrace my steps!!!

It happened yesterday , I was explaining to ripley that he should ensure his ASX shares are still in his ISA account if they were before on LSE. And that all ISA accounts are held in GBP , but ASX trades are in AUD , and that Tlou on ASX is a foreign share that can be held in an ISA!

I then showed him how there is no market for Tlou shares (6.4m put the mockers on that) and produced this table for him!

Trades in the last 30 days

Date / Time Market Quantity Price Consideration Commission Charges Value

11/05/2026 02:01 Tlou Energy Limited +15333 0.006 A$92.00 - - -£49.30

22/04/2026 02:45 Tlou Energy Limited +15300 0.005969 A$91.33 - - -£48.73

20/04/2026 01:12 Tlou Energy Limited +12860 0.007 A$90.02 - - -£47.97

15/04/2026 07:10 Tlou Energy Limited +13115 0.007 A$91.81 - - -£48.65

And I never found the long post , again! And then MFM distracted me!

So I am reticent to scroll on this site - and complain about typing into a box!

What a night I had. I was working from home and my younger son brought me a box of tricks that was a mini Data Centre effectively. It had a central operators console which used an old teleprinter like the BBC used to receice football results when I was a kid. The dream lasted what seemed like hours and I was adding and moving boxes I could from Exchange and Mart , and small ads, before I appeared in a huge complex where there some familiar faces. It was all mounting and unmounting devices to get the correct mix of boxes and I woke up late for me reaching for listing that was important and I was in bed not a box in sight.

I had the realisation that AI was all of these boxes from all over the world and was going to ask on of my revered old colleagues if this was so. It was so real and I can still envisage Alan's face , not unlike a young Alan Kansen the footballer, but I cannot place where we worked together.

I've neglected Ripley's current list of shareholders so I hava lot of catching up to do to keep MFM happy.

But I cannot say I missed the self-flagellation from my alter-ego Bots!

Tlou has some really weird shareholders on here .... born out by a sale of over 6m shares at Aud 0.004 last night. There cannot be many people with that sort of holding? And if it is all the same person at sub 0.006 there must have been over 10m in his portfolio.

On LSE Tlou had to issue RNS for major changes in % holdings. I trust ASX has a similar ruling but I need to check that! I'm trying to imagine a scenario where our two leading shareholdings who have convertible loans might be trying to balance their books but selling shares at these prices and converting at 3.5 or 6.5 (cents or pence I canny recall) looks like self-flagellation to me.

Makes me worry about Tony's condition tbh!!! Better see if ASX force % change notifications I think and thake my mind away from this a bit.

Https://bengribaudo.com/blog/2017/11/17/4107/power-query-m-primer-part1-introduction-simple-expressions-let

Still struggling to get round mysterious quirks with no explanation of what is going on.

I assumed "let" and "in" were mandatory commands in home-made functions - not a bit of it!

Ben seems to understand what the isolated newbie experience is like.

I am Liz's mathematician , how many days have I wasted on this?

I read that Power Query does not allow you to create a clickable link , and to do it using Power Query BI app!

I have wasted days and could not get it working on BI either.

Today I found a video that is unrelated to Power Query , but creates the clickable link!

A 4 year old who is not from Donnie would have thought of this first , and AI should have said do it with an Excel formula , not Power Query!

The guy in the video almost says Select the column of URLS and run this macro (having cut and pasted it into a Module/Macro file .

It works , even for year 2010 which is Apache not HTML , viewing with Firefox!

So now I need to do another 5 minutes work to be able to use the viewable content!

See you in a month .... it seems funny but I imagine the cycle I'd be in to produce this post on contractor rates!

Sub MakeSelectedHyperlinksHot()

dim cell

For Each Cell In Selection

ActiveSheet.Hyperlinks.Add Anchor:=Cell, Address:=Cell.Value, TextToDisplay:=Cell.Value

Next Cell

End Sub

I'll jazz it up to change e.g. "https://tlouenergy.com/wp-content/uploads/2022/04/2010-TE-Annual-Report.pdf" into "Year 2010" using TextToDisplay.

Winni will no doubt see that those wasted days were because my brain was in Donkey mode instead of challenging the switch to BI which I never needed at all! BI is the Calor gas equivalent of Tlou today.

Unlike Donkey , I will now uninstall BI and its followers. Power Query and Excel is the partnership I need.

I am always trying to do sensible things and getting knock backs .

After clarifying records, list, and tables I am messing with hyperlinks and found examples that do not work for me.

"Power BI Desktop allows you to create hyperlinks directly in tables and matrices by formatting a column as a Web URL, while in Excel Power Query, hyperlinks must be created in the dataset before importing it into Power BI, as Power Query does not retain hyperlink formatting."

My missus always said it takes me 3 days to find the quickest way of doing a 5 minute job. Her definition of a mathematician I think. If only I could remember how I solved such problems.

AI is so valuable - it gives replies that MGM wants - short and to the point - and I found this response on hyperlinks.... explains why the method |I cloned does not work!

Holy cow, I have been unable to replicate anything from tutorials!

Predictive text , which most of us hate , in the tutorials is great but my Power Query editor simply does not have it - so everything is guess. The pre-compiler is worse than useless an says everything is fine, whatever I type. But run time errors 3 arguments found 5 expected , tells you nothing.

I found there is an option in the Editor under Query options .

Query Options

Power Query Editor choose it

Enable M Intellisense in the formula bar, advanced editor, and custom column dialog. ©

is a toggled on / off . Query options is on the GET DATA screen.

Using Intellisense I got my function down to this .....

let

#"HTML Code" = Web.BrowserContents("tlouenergy.com/reports"),

Links = Html.Table(#"HTML Code", {{"Link", "a[href]", each [Attributes][href]}}),

Custom = Table.SelectRows(Links, each Text.Contains([Link], "Annual-Report"))

in

Custom

Producing these filenames. 20 minutes work versus 20 days to get to this.

Link

https://tlouenergy.com/wp-content/uploads/2025/09/Tlou-Energy-Limited-Annual-Report-2025.pdf

https://tlouenergy.com/wp-content/uploads/2025/03/2024-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2025/03/2023-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2025/03/2022-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2025/03/2021-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2025/03/2020-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2025/03/2019-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2025/03/2018-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2022/04/2017-TE-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2022/04/2016-TE-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2022/04/2015-TE-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2022/04/2014-TE-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2022/04/2013-TE-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2022/04/2012-TE-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2022/04/2011-TE-Annual-Report.pdf

https://tlouenergy.com/wp-content/uploads/2022/04/2010-TE-Annual-Report.pdf

Not even my guru mentions Intellisense - never knew it is optional if it was turned on I guess?

Py will have worked out this a memo to myself , for when I forget what to do?

Just delete Linkedin pop ups and the video will play , full screen tidies it up.

The guy is a genius at conciseness, MFM will like him too if he sees him in action.

Thanks Winni, checking on Kala and the AI summary was what I put forward a day or two ago?

"The total investment needed for specialized, modular AI infrastructure in 2026 can be high, but Kala’s specific focus on utilizing existing (stranded) energy assets likely reduces land and infrastructure acquisition costs."

Stranded is mentioned alongside Tlou (Strategic Focus) before the summary ...

AI Overview

Based on the available information regarding Kala Data—which focuses on containerized, modular data centres designed to monetize energy assets by converting stranded or surplus power into computational capacity—the startup cost is highly dependent on the scale of the energy asset being repurposed.

• Modular/Small-Scale Approach: As a provider of modular data centres, Kala's initial startup cost is likely lower than traditional greenfield builds, which can exceed $10-$14 million per megawatt (MW). Modular setups can begin with significantly smaller, containerized units, potentially starting in the range of a few million dollars for initial units.

• Contextual Comparison: For context, a small (93 m² / ~1,000 sq ft) Tier III data centre in 2026 can cost roughly £5.0 million (approx. $6.2M USD).

• Strategic Focus: Kala's focus on converting stranded energy, particularly through partnerships with firms like TLOU Energy, suggests they utilize co-located setups with existing energy projects

Key Factors Influencing Kala’s Startup Costs:

1. Modular Deployment: Using containerized data centers can result in a data centre becoming operational quicker than traditional construction.

2. Energy Access: The cost to connect and manage power is the largest variable, with high-capacity AI-ready data centers requiring significant investment.

3. Revenue Model: Similar to other data centre operators, the model is often supported by pre-secured, long-term take-or-pay contracts, allowing revenue generation from an early stage."

==============================

AI is great except there is no URL that allows the reader to see the source.

Costs from https://siteltd.co.uk/what-does-it-cost-to-build-a-data-centre/

inckude this paragraph ...

"Key Cost Components of a Data Centre Project

A complete data centre project includes two major categories of cost:

Infrastructure build – the land, physical facility, power, cooling, racks, room construction, etc.

IT equipment – servers, storage, networking gear, and software required to run workloads.

Depending on the type and purpose of the project, IT equipment often makes up 40% to 60% of the total budget."

It is incredible how I am branded an idiot when the strongest evidence is there to prove otherwise?

Well done lads. You gave him the green light. Again. Not that he needed it - so get ready to hear it all yet again. And again. And again and again and again ....

I would rather dad spent all his days trying to second guess Kala and Tlou’s strategy going forward! Than read totally sad and ever increasingly desperate nonsense that you The big donkey .. GPT and what other guises you operate under .., write ..

At least dad doesn’t try to make out he is the font of all knowledge in regards to all things Botswana. With supposed friends in the know in country either!

He makes a genuine effort to see the route forward in a positive sense rightly or wrongly

If it winds you up as much as it seems to i don't care if Brad posts all day everyday.

And you clearly have not learned the obvious lesson that every time you criticise me in a post that this emboldens Brad - and off he goes again posting and posting and posting.

Are you also a slow learner ......

Py those stacked letters puzzles have become tedious now I get 5 stars nearly every time.

The first word hint is the only one I use nowadays.

I spend more time on Sudoku now.

Liz used to do the the 3X3 mini Sudoku in the Sunday Express and said how tricky it was at times.

I was never interested thinking it was just wild guessing. Liz bought a book of Sodukos which were mainly 9X9 grids. And then a Carol Vorderman book on how to solve them!

If we has the wood burner lit, I think she ould have burned it!

Page 1 said arm yourself with pencils and erasers!!!

Liz reckoned that with her means of solving them every answer was certain to right! Indelible pens were perfect! I took an interest from there! I started with the 3X3 on Sundays and got stuck on most of them!

I asked the Oracle how she got started and she'd remember the constraints on every square. She'd show me which square could only be one number! I spent years trying to reach her level and never did!

I'd get stuck on a puzzle she'd never seen , and within a couple of minutes she'd find a square to enter the answer! You cannot imagine how much I miss her - she was so modest about her skills but I reckon she loved to be able to solve puzzles that I could not.

Anyway , the good news is that this puzzle producer has her equivalent on hand!

At any stage you have a hint button!!

If there is a square it will show which square. Just one though it will loop through them all!

I close the hint immediately and check to see what I missed!

The answer is usually simple compared to Liz's routine but it is still nice to see how they got it.

It has moved on light years , there is an option to pencil in the possible answers and it updates as you go along! I use the hint button and their manual pencil where a square is only one of two or three possibilities!

If you want to improve you enjoment try

https://www.britannica.com/games/sudoku

There are a number of levels every day up to expert!

If I ever reach stalemate at the end where two numbers can be switched in turn, and still give a valid a

answer , I 'll be able to track how they missed it or where I was wrong. It does happen if Donkey is not on my back. 😜😜😜 And I welcome being shot at if I have the wrong idea! I want to know!

It is a vital part of the learning curve. I still don't understand the RFP and PPA being in MW.

I read about Botala earlier and they are still at Tlou's infant stage i.e. production of liquified gas!!!

Did not see if they needed lorries or a pipeline for delivery but that is a decade behind us!

What does "thornback" like about tlou energy on lse.com

I tried bots_projects which produced am hysterically funny reply!

He must quote so much of my stuff thay AI clearly thinks he is me!

mfm was less over the top bur try it yourself , I expect you'll get a different AI to mine.

It was duck.AI but not sure if it is google's version nowadays. So fast!

thornback is really quiet nowadays but they got him quite well methinks.

AI Overview

Based on London South East (LSE) chatroom posts, user "Thornback" (active since 2019) has expressed optimism regarding Tlou Energy's (TLOU) resilience and potential for long-term development in Botswana.

Key points Thornback has highlighted include:

• Management & Persistence: Admiration for management's ability to keep the project going despite slow progress.

• Hydrogen Potential: Suggested using hydrogen to power the Orapa mine as a cost-saving measure to avoid dilution from further fundraises.

• Asset Development: Belief in the long-term potential of the Coal Bed Methane (CBM) and Solar power projects to fulfill power purchase agreements (PPAs).

• Path to Revenue: Expressed hope that the company is moving closer to first revenues and "lift off".

Thornback often posts from the perspective of a long-term holder looking forward to project completion.

Gee, made in heaven quote is from me surely? They mention LSE qualms so on here is likely , though I must have said it on Hot Copper too.

I love the way AI answers directly what the question asks.

Firefox seems to use AI even if you don't request it.

Here is the AI Overview

Kala Data FZCO ("Kala") is fully funding the development of a high-density, containerised data centre and computational facility at Tlou Energy’s Lesedi project in Botswana. This facility is designed to convert Tlou’s coal bed methane (CBM) gas into electricity for high-performance computing, such as artificial intelligence (AI), blockchain, and machine learning services.

Funding Scope & Details

Kala is responsible for the following under their agreement with Tlou Energy:

• Drilling and Completion: Funding the cost of drilling new gas production wells.

• Infrastructure & Equipment: Installing necessary infrastructure, including the containerised data center units and associated equipment.

• Operating Costs: Supplying, operating, and maintaining the facility, including monitoring computational performance and managing electricity consumption.

• Expansion Options: The agreement includes options for expansion, including the potential to integrate solar infrastructure to complement the gas-based power supply.

Financial Arrangement

The funding is structured as a 0% interest-free loan provided by Kala to Tlou. This loan will be repaid from profits generated by the data centre facility:

• Initial Profit Split: 75% of profits go to Kala (for repayment) and 25% to Tlou.

• After Repayment: Once the loan is fully repaid, profits will be shared 50/50.

Project Status (as of May 2026)

The data centre was officially commissioned in February 2026, marking the first commercial utilization of Tlou’s CBM gas resources. The first 1MW module was installed, with plans to scale up to 4MW or more in 2026.

=======================================

will kala decline funding for some tlou energy activities

AI Overview

Based on current information as of May 2026, there is no indication that Kala Data Centers is declining funding for Tlou Energy’s core activities. In fact, the partnership is actively developing and expanding.

Here are the key details regarding the funding arrangement:

• Active Partnership & Funding: Kala Data FZCO ("Kala") is providing capital to Tlou Energy to develop projects—covering gas wells, infrastructure, and equipment—via an interest-free loan structure.

• Operational Milestones: The Kala Data Centre is now operational at the Lesedi project and is generating initial revenue using Tlou’s coal bed methane (CBM) gas.

• Expansion Plans: The partnership is looking to expand the data center from 1MW to 4MW in H2 2026, and they are discussing adding solar power to the mix.

• No Funding Crisis Implied: The partnership is described as a "match made in heaven" with Tlou relying on Kala for funding, while Kala seeks cheap, reliable power.

While some market commentary (e.g., from LSE Share Chat) occasionally discusses the need for Tlou to maintain high gas flows to keep the partnership beneficial, the official reports and recent updates indicate continued, and expanding, collaboration.

Thanks for taking the time to respond MFM and for being sensible in so doing.

We are never going to agree because we don't have a mutual understanding.

In a nutshell , from myside, Tlou have had a series of setbacks and each one led them into a more ambitious new project.

Each one was harder to fund over a longer duration, with TG trying to minimise placings and debt , with funding from us a non-starter after the options disaster.

Kala set Tlou on a revolutionary path last March with funding seemingly sorted out. They opened a Data Centre but inherited TG's bad luck with delivery delayed by 4 months. Once the delivery arrived , the Data centre has been operational for maybe 2 months old with brand new production equipment.

Kala presumably checked the flows for a month, before looking into funding. A month into the live partnership they have not published funding plans. I am happy but they have been witten off by all of you on here since Colm published the ASX issue last year.

It is a gross injustice to Kala who have acted diligently and not thrown caution to the wind , exactly the TG approach!!! The mutual benefits of this partnership is transparent , for me, funding within a few months of opening the live Data Centre is perfectly acceptable. I am an atheist but I still have faith in Kala who are behaving in line with everything I hoped for.

Once Doc bailed us out with ASX , I thought Colm's worrying RNS was replaced by a more upbeat synopsis.

Wishful thinking on my part? I don't think so.

I will rest my case , I am certain that Doc, Colm, and Kala are content. They have to decide whether the PPA will be Solar powered for the first 2MW or 3MW , or whether 10MW will be the target for CBM power at some time in the future. On the way to 10MW , the first 2 or 3 will be in the bag.

BPC accepted that delay when Kala took over our flared gas for their own project in Jan 2025.

Solar for Kala to expand the Data Centre at an earlier date makes sense as long as Tlou are not held back from dewatering Lesedi. Tlou's role is largely dealing with sub-contractors so Tlou can maybe manage it, especially if both are fully funded.

We all await developments - me for a month or so, the rest of you for the decade or more that I filed as history in March 2025! That is the decade that Bots wallows in. For me , the partnership is in it's infancy.

Brad I've given up reading your ridiculously long posts regurgitating the whole history of tlou, we all know it and we've all heard it from you a thousand times before. It's tedious and boring.

All that concerns me right now is where future funding is coming from and when. You, just like the company can't answer that very simple question which is the reason that you have to pad every reply out with all the historical fluff. It's easier than just admitting you don't know.

It's the reason why the market, collectively thousands of investors have voted the shareprice down to these historic lows and the reason it will remain here until we have certainty over funding. It's that simple yet you can't grasp it.

You love an analogy so I'll frame it as an analogy in the vain hope that you'll get it. You have a rocket loaded to the brim with rocket fuel, hissing away on the launch pad. All the potential in the world to break away from the Earth's atmosphere and travel to see the wonder of other planets BUT until it takes off no one knows with 100% certainty whether it will launch successfully or blow up on the launchpad.

Lost the final word of "Funding ourselves? Impossible!!"

========

Every new plan was more expensive than the last , but the long time rewards were better too.

We will be an integral part of an AI service , as well as filling our original ambition of being a power source for the region. Once we have dewatered, the profits will be available to enhance gas flows with no interest payments to worry about or dilution of the share price.

TG has set up the next generation of shareholders imho! He deserves a knighthood or whatever they have in Australia. Without Kala there would be a continuous struggle. But Kala are not here to mess around,

The new generator has hopefully reproduced last years results. And we'll hear soon enough about the medium to long term future. Solar for Kala , or Solar for both. Gas flows at #4 and #6. Future wells. Tx line completion. Should be interesting whatever is agreed.

I try my best to explain my view of TLOU.

The majority seem to think I am dreaming but I think it is they who are having nightmares.

All I do is use the evidence in front of me , and look at the motives behind it.

Why were we struggling to fund our previous plans? Undeniably true!

Plan A

1. I invested in Tlou to produce Gas cylinders of CBM and enthusiastic shareholders had faith that Tony would repeat his successes in Australia (which produced profits above $1bn and $3bn).

2. It was going well , Selemo reached desorption within a few months, gas was flowing and Tlou expected to deliver gas by lorry within 18 months.

Plan B

3. Then the Govt issued a RFP (request for proposal) to the interested parties, Kalahari Energy via subsidiary Sekaname, and Tlou Energy, who tendered for a share of a PPA up to 100MW.

Tenderers needed to name their proposed prices amongst other factors!

TG never wanted a PPA because he did not want to be tied to 2016 prices when prices were going to rise with time. And he was right!

4. The outcome was a PPA for 3MW at Tlou, and 97MW for Sekaname.

I have never found this article again but the latter insisted that they get a decent offer or they'd withdraw. Was 100MW decided before or after? Bookies expected 50MW each which TG could live with.

5. The RFP was a modified version of a coal RFP , and the rules were erroneously thought to be identical?

A Cut and Paste exercise replacing Coal with CBM gas imho.

6. Then a RFQ followed up which embarrassed Sekaname who asked for maybe up to 6 more months to compete theirs. Progress was hindered but then a flaw was discovered! Existing Coal suppliers had been asked to show evidence that they had supplied BPC in the past! An impossibility for CBM gas!!

7. Progress ceased, mistrust was overwhelming as revised requests were studied in detail for other mistakes. Tony's 18 months was thrown away on the effing PPA that Tlou never wanted in the first place.

8. The RFQ was probably the point that Sekaname asked for more time!

During this wasted time , of maybe 2 years , Tlou changed their goals!

I always wondered why 100MW was required? Why wasn't it cu feet or similar of gas?

I thought both parties had opted to deliver electricity to the grid instead of gas.

Seka were actually looking at liquid gas.

A TX line to the grid at Serowe was added - at least 2 more years.

Plan C and D (Solar)

March 2025 we moved on to supplying Kala's AI Data centre. An even larger scale operation!

Currently , Kala expects Tlou to supply either gas , Solar power, or gas powered electricity for free!

It will support the Data Centre and Kala will split their profits with Tlou 50% each.

75% wll go into repaying funds and the 25% as cash.

Meanwhile, Tlou can earn their intended income from the PPA independently.

A hedging agreement, allows us to deny Kala access to incremental advances on new gas power, if it is less profitable via Kala. Confidence? Funding our

Do you enjoy spending your days supporting Tlou shocker decisions and progress and trying to get the better of me in posts ......?

Is it really that important to you that you think you must persuade everybody you are right all along. Or is it that your mind cannot process that you made an investment mistake ..... Imagine the pain you would have saved yourself by admitting to this years ago. We all have by now.

Hiya MFM,

I might agree with you if you did not ignore the fact that neither party gambles without justification.

TG took a flier by ordering the TX lines but they were essential to PLANS B and C!

And were expected to be the longest delay in our critical path at the time.

Little did we know that lockdown was imminent for an indefinite period.

Kals wanted Tlou to demonstrate steady gas glows were attainable in 2025 before proposing a partnership on the terms we know so far.

They jumped in to get generators for Kala to power version 1 of the Data Centre.

After a delay it has gone to plan with Tlou running out of working capital and ASX getting snotty.

Tlou expected to be funded in autumn 2025 to continue expansion of the wells.

However, new generators has not been able to replicate the trials because they never arrived in time.

Kala made good progress once them arrived and declared the Data Centre open a couple of months ago!

Funding could have started then!! But now Solar power had been added to the mix!

So the funding has become an if then else flow chart!!!

Kala simple say if this then thay amount is available else another amount!!

Especially for an AI business!!! We need them to agree PLAN C and the critical element is WHEN WILL DESORPTION be reached?? Tlou have downed tools and engineers I imagine because of ASX, so momentum needs restoring. The story of Tlou's life.

4 lost months is a long time in a 1 yr old partnership. And every delay seems to end with a more ambitious target. Solar PPA is Plan D as far as I concerned. Solar for the Data Centre makes funding easier, a 1 MW Solar farm seems possible in 2026 and Kala are keen to build version 2 of the Data Centre for sure.

They might be able to work in daylight hours and make storage unnecessary for their R&D exercise. And we await news of generator 2 and #6 . Could that power version 2?

The options make what Tlou receives a bit complicated. Which is Kala and which is Tlou's expenditure?

I thought Kala said the first 6 generators were paid for out of Kala's own contingency reserves. But it may be only the first 2 that were held up.

"Kala are on board with the start small and expand as quickly as possible."

If they were then they would have already given us the funding to get done what needs to be done but they haven't. So no they're not on board with us expanding as quickly as possible they're on board with us expanding whilst they remain cautious about what and when they plough further money in (if indeed they do).

Constantly your posts give your opinions Brad presented as facts to back up points that you later make. It's like a self reinforcing loop with no room for any alternative to what you believe. A one man echo chamber.

Everybody knows you are the reason I respond so often.

You are one of very few posters and our exchanges bore us all!

In the early days I was trying to stop you from influencing vital newbies.

For the sp to rise we needed new money at placings on top of ordinary trading.

Donkey totally disgusts me! We must be concerned about why Tony retired and the ass is still criticising him unfairly much of it is libellous. Tony has kept Tlou alive while it rose from a hopeful Calor gas to a national grid supplier to an AI power provider. That is incredibly amazing with no income , and placings out of the question, due to the non-existent share price. He has a partnership that makes total sense for both sides. If either side prospers then the whole partnership prospers - in fact that is essential for them to keep in step.

Kala presumably have a huge budget to acquire land for a Data Centre and a CBM gas supply.

Tlou has both in abundance! And they are so close to connecting to the grid which will herald the start of their long term mission. Kala are on board with the start small and expand as quickly as possible.

So far it has only cost them a tiny proportion of their budget. They are confident they can self-finance Tlou's funding and both businesses can be profitable , individually and as a pair. And Tlou is not threatened by expensive repayments on their funding costs, interest free, no time limits afaik. Kala merely wants the power it needs from Tlou over a 5 year period.

Throughout the 5 years, the PPA hedge allows new gas flows to supply BPC if the profit exceeds what the Data Centre can offer.

It seems obvious that Tlou will apportion new power to either customer and those new levels will become the minimum supply thereafter, so the number of MW should never decline. Onwards and upwards for Tlou once the TX line is operational. 25MW for BPC , unlimited MW for our partner.

Solar will help Kala in the short term and educate Tlou. It buys time for Tlou to provide higher gas flows and the possibility of testing a 2MW delivery if it does not hinder work on the wells.

Selemo was dewatered very quickly once Tlou replaced vertical wells with horizontal wells.

2 or 3 months to reach Gas desorption! Gas desorption is the physical process by which gas molecules or atoms are released from a surface or material into the surrounding environment.

Could #4 and #6 be on the brink of delivery?

Coal & Shale Gas Recovery: Engineers reduce pressure in underground reservoirs to desorb methane for energy production.

Makes sense, horizontal wells include vertical wells too , for obvious reasons, so extra horizontal channels will increase the volume of the chambers and lower the pressure.

Part-time Solar has a big role to play ..

"Solar farms provide significant value to the grid even without night-time delivery by tackling daytime peak demand and enhancing system-wide stability."

It works - EVERY TIME.

I wonder does he realise that I am his reason to keep posting on Tlou. Childish i know - but jeez he takes the bait every single freekin time .....

Lies Bots , you cut and paste sections beyond line 1 often.

When this pans out as I expect it to, my gibberish will have you all in awe!

And if I lose all my funds at least I have no debts plus the missus ISA account which is intact.

I have to smile when the Taxi driver who used to photocopy Red Hot Penny shares for me!

That uis where I first heard about Tlou, and he was invested too!

He was divorced and was short of cash - so he sold all his Tlou shares and regretted it until the price crashed!

He made a super profit so we both benefitted from our wive's actions!

Bots , the Doc is funding SFA , can't you see that?

He is appeasing ASX rules so we are not suspended.

If over that time he needs to increase his bridging loan, he confirme he will within a limted period!

We are not spending that bridging loan, I don't know whether Doc can reclaim it as soon as Kala fund us - which they will!

It might upset them if they have not been told why he has funded Tlou temporarily ; but I suspect they were told.

I was known as a Maverick thoughout my career because I refused to be beaten by technical problems.

My grey cells are depleting with age but my tenacity is still there.

Whose opinion stands up here? Mine or the masses who do not have faith in Tlou.

Do you seriously believe that Kala are not going to honour their partnership mandate?

After how many years of chasing Tlou? Up to 4 that we know about, but probably longer!

We dumped the Crypto plans as soon as lockdown was eased. And TG told us the plan for the lockdown period. It gave some hope of light at the end of the tunnel, but I reckon they badgered him before Covid arose and he was disinterested! Anything ws better than the nothing we had at the time of the proposal for both Hydrogen and Crypto mining. And Tlou was able to back out of both at very little cost.

And the new plan could not be better imho!!!!

I have a dreadful admission to make. Normally I dont read beyond the second line in Brad's endless gibberish. But strangely I read his latest post responding to MFM and Winni.

OMG. I mean jeepers creepers - just read his gibberish. It is so far of target and reality; the man has lost his marbles completely, such that it is embarrassing. It really is.

How / Why do I think this? Simplest answer - if the Doc comes in now as the guy to satisfy an ASX funding commitment requirement - then he waits and waits and ..... waits .... and only comes in with his commitment at the last possible moment ...... He doesn't offer and he doesn't dive in ahead of regulatory time etc. The man is in so deep here, probably more emotionally than financially, that he plain and simple has Lost The Plot !!

You are right Brad. And everybody else is wrong. Stupid us !!

Sorry guys - this all stems from Kala being set back by a 4 month delay either side of Xmas.

Colm expressed concern that we had spent all our funds preparing for new funding in early 2026.

That concern was that ASX would suspend our membership if we are ot funded for 2 more quarters.

It was a horrible read , but totally on target! Tlou has always warned us of potential risks but this time Kala must have said funding would not commence until the Data Centre is operational.

The ASX suspension looked inevitable until Doc Campbell funded us for 6.2 quarters and an assertion that he'd ensure we are funded for a couple of months!

That is so significant !!!!!!!! A couple of months was mentioned because he expects Kala funding within that period? Why? Because Jala told him that! Would he have made funds available for a couple of months if we were going to fold in 3 months? I don't think so!

Kala got the Data Centre going but now the Solar Power issue needs ratifying or axing.

The alternative is to trust a funded Tlou to dewater Lesedi #4 and #6 and new wells!

That entails the Consultants report and further investigation. Building 1MW Solar for Kala will be quicker than the extra 5MW for Tlou. But estimated times will be fairly accurate. Gas Flows more of a question mark but less compicated moving forward because it provides a 24/7 supply.

Kala need to decide which way to go. If they go down the Solar route and then dewatering is completed earlier than expected? What do they do? We have lost 4 months of dewatering already. Tlou have the incentive of having two markets ready or almost ready to accept higher flows.

If I am right the Kala announcement cannot reflect how woolly the plan is.

I'd be tempted to throw everything at gas flows, subject to the reports.

Solar has maintenance and lack of 24/7 issues, and cleaning up the site after it's useful life.

My Firefox browser doesn't do auto login when I enter the websites, anybody know how to fix it?

I think I just fixed it. I went to Preferences > Privacy. Then, in the History section, I changed the Firefox will: from "Use custom settings for history" to "Remember History", and it works.

============================

Must have changed it trying to sort out of Dark screen.

Browsers include Dark mode options nowadays. And a lot more!

It is a minefield!

Taken a while to sort this!

I extract strings between "http .. and... pdf" but lose http and pdf as well!

Trying to put them back has taken all day "http" & extracted bit & "pdf" fails because it looks for columns called http and pdf and defaults too null!

I then looked at Chandeep's book and saw a similar example!!

This is the solution .... I thought I had forgotten something!!! But it works beautifully!

List.Transform(List1,each "http" & _ & "pdf")

input List1

s://tlouenergy.com/wp-content/uploads/2025/11/2025-Results-of-AGM.

s://tlouenergy.com/wp-content/uploads/2025/10/Q2-2025-Operations-Report.

s://tlouenergy.com/wp-content/uploads/2025/10/Appendix-5B-Sept-2025.

result

newsAnnouncements

https://tlouenergy.com/wp-content/uploads/2026/04/Quarterly-Operations-Report-1Q26.pdf

https://tlouenergy.com/wp-content/uploads/2026/04/Appendix-5B-Mar-2026.pdf

https://tlouenergy.com/wp-content/uploads/2026/03/260219-Data-Centre-Commissioned.pdf

https://tlouenergy.com/wp-content/uploads/2026/03/Quarterly-Operations-Report-4Q25.pdf

https://tlouenergy.com/wp-content/uploads/2026/03/Appendix-5B-Dec-2025.pdf

===============

No wonder they are investing in AI that command is crazy.

It has to be list i.e. one colm so _ is one entry. each is a for all loop!

And transform is amend so it is all there!! What else could it mean?

I was using Table.Replace which made other column possible so "http" was ambiguous , as was "pdf".

So i guess the fact that you could read my messages didnt give it away to you.

Yup, more and more like DT every day now.

Thanks for telling me Bots that you are unfiltered.

Yesterday I got into an awful mess with my puzzles. All the colours disappeared and they were impossible to do in black and white. Coincidentally DARK reader (which I have used since 2016 if their cookies are right) introduced a charge of £7.58? to continue using it! I uninstalled it immediately - this is close to ransomware?

No matter what I tried my puzzles would not change! So I switched browsers and the puzzles are back to what I want. However it seems like Firefox had not logged me in because the master password had not been requested at start up. So the filters were not applicable. I was reading Firefox , and responding on AVG where I was logged in so filter is presumably active.

Took me ages to get my missus back as my home screen on AVG which was showing me a slide show of horses from the theme I chose. Still not sure how I got there but eventually I had a choice of my last 4 home backgrounds so I grabbed her without further ado. Avg browser is based on Chrome with other features added from Github. So it is heavily biased towards Google features. Firefox is more neutral but Bing seems to weedle it's way in too often there!

Bots might talk about TG, Tlou and Botswana in a favourable light one day - but I am not holding my breath.

Makes for grim reading and highlights just how naughty the 'higher ups' have behaved over the past 12 years. Search for an economist called Douglas Rasbash online or on FB - his articles are everything Brad's rambling muses are not. Focused, insightful, direct, real, truthful, provocative, meaningful, relevant, ......

Back of filter again. Ho hum, hardly a surprise. I just realised you and DT are peas in a pod - endlessly transmitting fantasy and theatre. With LSE being your platform equivalent of his Truth Social.

If anybody was serious about getting out of Tlou because they believe your cruddy posts, there have been many prices for most to leave and make a profit. WTF you are doing makes no sense to any of us!

You might have had to leave with a major loss , but 5p+ was worth rescuing before the demise.

Nathan has been in longer than you and saw every price if he was interested in cashing out.

The educated people stuck with Tlou because this was always going to come good unless we went into administration. TG keep us in business, throughout unimaginable circumstances; and not only that but the share issue is still where it was at higher prices i.e. 1.29Bn

I really cannot see our two creditors diluting the shares they already have.

And interest free funding makes placings unnecessary except for ASX rulings!

Doc stepped in again bless him.

You never tackle my logic piece by piece whereas you have held shares despite predicting them falling to extreme lows? What sort of madman does that? A lying madman!

Were you day trading throughout your lies , selling before a drop, and buying back after?

That is the motive most associate you with - but you are probably to stupid to have done that.

Who else pays Premier chatroom subs when it is free to post? You did on ADVFN when you were barred from LSE. Your subs would buy a few shares at the current price. There are buyers and sellers if you offer the right price!

100k yesterday @ 0.5c is a great example .... it is you that has no clue or IQ , it rhymes!

Everybody's money is still in place - that's because no-one has been able to sell their shares. Any meaningful sell volume and there would be no buyers.

Except you and your monthly 300 quid.......

Do you actually understand how markets work - coz you SAS dont talk like you have much clue about anything.

Nathan Mitchell's money is still in place. He could have cashed in years ago but let it run.

As to funding, I'll be amaxed if Kala force Tlou to look elsewhere and waste valuable time on external fund raising. I am sure they'll fund their own 1MW of Solar, the Tx line work , and the escalation of gas flows from existing and new wells! Not so sure about our 5MW which could be unnecessary if dewatering completes.

I as myself why only 1MW??? Is that contingency because they are hopeful #6 is going to be a life changer fairly soon? We know it is better than #4 so if #4 is OK for one generator then #6 may be enough for the other?

BUT ARE KALA making #6 available to TLOU for proving the Tx network? That was my thought for the last year or maybe more! Savings in Solar also save the cost of batteries or loss of daytime gas being reserved for the Solar drop out periods and the cost of compressors.

I hope a few of you are excited by the prospects here.

Brad i don't believe Donks rhetoric at all . And can't believe anyone would be silly enough to build all the instructure stuff ..unless they were absolutely sure it was going to be usefully. However not addressing the dewatering and gas flow issues earlier has kinda held up progress due to lack of funding. I have every faith that TG and the Good Doctor wouldn't be putting hard earned coinage if this was a dead duck

Hindu is the 3rd religion in UAE ,

Kal in the context of the UAE, particularly in Urdu, means "Tomorrow" (کل). It can also refer to the future or the day after today.

I don't think this will interest enough people to find it, but I'll steal their thunder in any case.

In Sanskrit and Islam , Kala means what the majority of shareholders believe. Another 100k @ 0.5c given away last night!

Tlou were prepared for September, hence the big spend!

This came AFTER TLOU's prep work was done.

"28 September 2025

Tlou Energy Limited is pleased to provide an update on the Kala Data Centre project, located at the Lesedi gas-to-power facility in Botswana. With civil and gas gathering works completed, the first data-centre module onsite, and gas-fired generators enroute, revenue generation is expected to commence shortly.

Highlights

Revenue now imminent – pending arrival and commissioning of two gas-fired generators.

Civil works complete – ground works, slabs, fencing, lighting and plinths finalised.

Gas system operational – gas gathering line constructed and commissioned.

Data-centre module delivered – first container installed on site.

Built for Kalahari conditions – modules manufactured to Tlou’s specifications and shipped to Botswana.

Project background & planning

Following execution of a binding Heads of Agreement with UAE-based Kala Data FZCO in March 2025, the partners advanced technical and site planning to identify the optimal location at Lesedi. This included:

Layout and tie-in design for gas gathering and power distribution.

Cabling routes and connection points.

Traffic and cranage access.

Noise and heat management to enable a staged ramp-up.

Civil & gas works

Civil works, delivered by Zismo Engineering, covered yard preparation, concrete foundations/slabs, fencing, gates, lighting, cable routes and equipment plinths. Engineeric Solutions completed construction and commissioning of the gas gathering system, providing direct connection from an existing production well to the generator base and data-centre tie-in points.

Data-Centre Modules

Data-centre modules have been purpose-built for operation in the Kalahari Desert, incorporating features to withstand high ambient temperatures and dust. The first module has been delivered to Lesedi and is currently under commissioning. The modular design enables phased deployment of additional units as gas production and generation capacity expands.

Power generation & revenue pathway

Two gas-fired generators are in transit to Lesedi and due to arrive in the coming weeks. With civil, gas and data-centre infrastructure already in place, these generators represent the final step in linking gas supply to power generation. Revenue is expected shortly after generator installation and commissioning."

Kal. meaning

kal is a Hindi word that means "tomorrow" or "future".

That is something to look forward to?

Well here we are Brad May Day and still no funding announced but I can see from your posts that you're as undeterred as ever with your idea that all is well and there's nothing to worry about.

Https://tlouenergy.com/wp-content/uploads/2026/04/Appendix-5B-Mar-2026.pdf

was excluded from my post this is the important section for ASX solvency.

8. Estimated cash available for future operating activities $A’000

8.1 Net cash from / (used in) operating activities (item 1.9) 267

8.2 (Payments for exploration & evaluation classified as investing

activities) (item 2.1(d))

460

8.3 Total relevant outgoings (item 8.1 + item 8.2) 727

8.4 Cash and cash equivalents at quarter end (item 4.6) 117

8.5 Unused finance facilities available at quarter end (item 7.5) 4,393

8.6 Total available funding (item 8.4 + item 8.5) 4,510

8.7 Estimated quarters of funding available (item 8.6 divided by

item 8.3) 6.2

WTF else would Doc be doing if he was financing CBM alone?

He might not want to be considered as the outright owner but the whole shooting match would be reliant upon him.

I cannot see your post relating to TG not receiving a "thank you" for his services - but has it not dawned on you that TG has stood aside as the lesser of two evils? And Doc has replaced him without drawing a salary?

Had TG said Tlou could not afford to pay his wages that would have supported ASX's worries about Tlou's solvency! We would have been suspended on ASX pretty well for certain.

Doc has effectively financed us with another $5m which raises our rating to 6.2 currently! Long enough , I hope, for Kala to take over funding provided we don't spend it on high salaries. GG afaik is drawing his full salary which is not playing the game imho. The other resignations could well have been a ploy to keep ASX happy too?

Once there is a steady income to avoid solvency issues I hold on to the hope that the board will be restored as necessary on full salaries. GG might have surrendered a percentage of his salary in which case I apologise to him. He used to be excluded from receiving share bonuses which mighthave changed recently?

Owner Shares Held Ownership Percentage

Gabaake Gabaake 385,999 0.03%

Running costs are an issue until funding is sorted out, is all I am saying , give peace a chance.

Oh here we go yet again. You drone on as often as he does - how many times you called me that ......

And yet again, dad has gone off on his own tangent and agenda. Funny how these all lead to him penning one of his long rambles.

Bradly - I said the Doc or someone would provide the funding if the gas flows were sustainable enough to allow Tlou to service their PPA with BPC. I didnt say anything about anyone taking Tlou over ......

Do you really think that Doc would effectively take over the running of Tlou hook,line and sinker?

That is what you are advocating here richard head! Finishing the Tx issues , and drilling enough new wells to get 10MW, on top of the millions the Doc has already invested, is too much to ask of one individual! The alternative of finding a new investor which has to convince it's shareholders that committing millions into a start up with a share price of half a cent is madness!!!!

You, as much as anyone, have contributed to the doubt about Tlou with lies left, right and centre about TG and Botswana. Colm seems frightened of saying anything positive because of cynics like you who'll quote him as having guaranteed his hopes for the company to the exclusion of risks that are there for start ups in terms of confidence and funding.

Had Covid not appeared , the placing at 5.6p would have gone ahead without Doc having to underwrite it!

And TG's reward of options at 4.4p would have been eagerly snapped up with the market rate imho twice that price. Covid forced us to economise to survive the coming years of lockdowns , number unknown, instead of fund raising to accelerate flow rates with a healthy sp!

And you could only claim that TG was using Covid as an excuse because other companies in Botswana were unaffected????? You are such an ignoramus, the biggest plonker I have ever stood on !!!

I once attended a C course (a computer language) and the lecturer introduced himself with "Why C" and his conclusion was that its popularity was the very reason for its popularity!!!!!

Our non-existent share price is similar - it is non-existent because it is non-existent!!!

Shareholders willing to part with their shares at the ludicrous prices since we dumped AIM have not helped.

I contributed to that when I was moving my shares from my holding account back into an ISA.

I made a profit of 200k shares on the first tranche, but lost 800k on the second lot - reducing the price to 1c!!!!

I blame everybody on here for that screw up. If we'd all made it clear how our brokers were dealing with the convertion of TLOU shares on LSE to TOU shares on ASX , it would have been apparent that only IG clients were being shafted! Doing nothing until April 2025, I'd have been 800k shares and quite a few thousand quid better off. I feel responsible for introducing IG to those of you who were obliged to change brokers or drop TLOU from their holdings.

Little did I know that most brokers and TLOU were unaware of any issues! IG used two offices , London for AIM, and Sydney for ASX, and I think they both left it each other so nothing was done!

I got £650 compensation and IG only chargecommission on the FX part of my TOU:ASX transactions.

ISA's use GBP , ASX deal in AUD , so FX 0.7% is reasable methinks, and I save 10AUD per transaction.

I suddenly realise why you insult Brad so much, it’s because you feel inferior to him! And the only way you can deal with it is to shout him down! I think you ‘ll find that is the definition of a bully! A bully with limited intelligence too

I think there was preparation scientifically and practically for new wells, solar , research i.e. anything that needs funding in 2026. I tried finding the figures but the practice of quantifying the in realistic long term credit/assets and debit/debt takes over! So the $3m+ figures we spent last year are the equivalent of $60 billion but our assets are 50% higher around $90billion. Pity the SP does not reflect that amount 😜😜😜😜

Consultancy is 50% of $3 million so I hope their work was worth $30billion in accountancy terms.

Impairment is the magic word! I thought that was cataracts tbh.

Careful Winni - you are starting to ask an intelligent question.

Surely not $5m AUD on 2 non performing wells it’s no wonder they have no:capital if they spent that much on not getting the wells to perform

Dewatering #4 and #6 Winni.

I am enthralled how #4 is enough for the Data Centre. #6 was always the most promising so I half expect the #6 gas flows to be better than anyone on here expects. Both wells are being dewatered in isolation. We had problems with #3 and #4 together - instead of them combining flows, they fought each other!!! They were at slightly different levels underground and either one was forcing their flow back up the the other well (as I understand it). #3 was shut off during lockdown because #4 was outperforming it. The story is consoling - each well outperforms previous wells so far.

I am convinced TLOU expected to feed the generators at Kala in Q3 2025 or Q1 in 2026 - which justified breaking the bank! Income was imminent! Q2 in 2026 bacause of the delay in delivery kicked that plan into touch!

But it follows imho that funding was expected in early 2026.

Early 2026 was not possible , hence my tip for April or May!!!

I think my logic is sound but the delay resulted in Solar plans being brought forwards!! That makes the time table more predictable - no long waits for the sun to appear in a desert! Unlike gas flows underground!

What was the $5m AUD spent on its difficult to see where it was spent .. look at the current status

Sorry Brad, a bit late reading this. I don't think I would have been much help anyway - not much of a sudoku sensei :)

Https://drive.google.com/file/d/1QGd_O-TVgZE5P2iRKmu9NLaKmnSM3UFl/view?usp=sharing

is todays https://onlinesudoku.org/ if it is still active. You might try it.

I wrote to them months ago to complain the their puzzles do no have unique answers.

Most days end like this one with 4 and 5 interchangeable , and today 6 and 8 as well.

One pair usually.

I now use the HINT button , which shows their answer.

I use it instead of writing it in with the pad. I have yet to find one wrong on their side.

Mistakes by me are a different matter.

I think this puzzle is at deadlock , so can you see what I have missed?

Liz was much better at these than me - it was her who assured me there is only one solution which requires no guessing at all. They did not respond which tells me nothing.

Why do I also like this post? It must have been Xmas cheer 😜😜

Also from HC , guess who this was addressed to?

"Key board warrior .. Now that is the Pot calling the kettle..

You’ve been a joke ever since you started posting on here!

With your so called local knowledge of the Botswana government it finances and its policies.

Why don’t you stick to the UK LSE boards where you can talk to the only other poster, a highly intelligent guy called Brad! "

"This message has been filtered, please adjust your filters to view" for every 3 in 5 posts is irritating.

We sould be able tocustomise it or not see anythig ,like HC does.

"The troll has sent yet another message that our filter has spared you from " would be more like it.

Why doesn't the troll stay on HC will all those posters who admire him?

Here is one post showing how much he is appreciated over there.

"The good news is at least that POMMIE formally known as “ Donkey”. Now going under the guise of GTP Is a very happy camper.

If only he had the intelligence of a AI bot he would have disappeared years ago. BUT ALAS he still around and revelling in the slow or no progress …with his I told you so chant. "

Listen and read what utter garbage these 2 numpties are posting ! All they want to do is talk about me - because I criticise the lack of performance of Tlou.

Has Tlou been a successful investment - No. Not by any financial metric that I realise.

PS I dont give a stuff about you 2 clowns. Coz that is what you both are - absolute clowns.

Filter on, filter off, filter filter filter ..... its pathetic. Just as your posts are pathetic. Utter rubbish 99% of the time. Utterly clueless yet so verbose.

Don't agree Winni , I think he is Botswanan and thought he had some insider knowledge on Tlou having been associated with Kalahari Energy and/or Sekaname. He bought into Tlou when they entered ASX and the Botswana exchange! Which one I wonder?

6 years on , and they joined LSE in both senses, chat and exchange. Tidd appeared on here and Tlou took off!

Bots probably topped up near the peak of 17p in London. Did he move to the UK perhaps?

Most posters, on LSE chat, joined once Tlou got exposure over here and they bought in on the rise from perhaps 8p. The calor gas theme looked to be a couple of years away but everybody was behind Tlou.

Then the RFP fiasco stopped that completely. Calor Gas on trucks was replaced with Tlou going into CBM powered electricity , delivered direct to Serowe 100km away. Tlou moved from Selemo which was dewatered and flowing gas to Lesedi because royalties were due on profits from Selemo and it's terrain had broken a drill which is still there I think?

A much longer project was started but was unfinished when Covid struck. No income and production costs for years , nobody knew how many , but the share price suffered. The last placing which dangled cheap options at 4.4p for 2 years irrespective of the price in those two years was a complete wash-out!! Lockdowns should have finished us off but the Pension Fund and Dr. Campbell had underwritten that placing and caught a cold saving a total disaster. Many of us were chasing those options, and had committed , so it could have been worse for Tlou and the underwriters.

TG then ky-boshed the whole story by having a secret discounted deal with only top British shareholders at 3.5p and the 5.6p? price tag dropped to 3.5p and long term holders outside of the "special ones" have not dug deep ever since.

The plan is still the same , but funding is really out of the question at half a penny. The solution was found in the shape of Kala. Were they the driving force for a partnership , or did they reluctantly accept a deal brokered by Tlou?

I believed the former but the lack of news from Kala is deafening along with all the other senses being retrograded. If funding is not announced soon it looks a bit bleak, to say the least.

Filter him means he has one over on me! As I have said in the past everyone has a right to an opinion.. But the thing I don’t like is how tries and fails to bully Brad … and thinks he’s a cut above the rest with his so called local .. knowledge .. well I bet he doesn’t own a passport let alone has lived or even travelled to Botswana

Botswana getting left behind yet again. And to think Tidd and his clown supporters thought grid connection and selling to SAPP was both easy and the Holy Grail for Tlou. How little he and his supporters actually knew about the power game in southern africa.

Angola and Namibia have taken an important step toward energy independence and regional cooperation by signing key agreements for a major cross-border electricity project. Known as the Angola-Namibia Power Interconnection Project, or ANNA, this initiative will connect the national power grids of both countries for the first time. The agreements were signed in Luanda on April 14, 2026. Officials from the National Electricity Transmission Network and NamPower finalized a Joint Development Agreement and a Power Purchase Agreement. These documents define how the project will be developed, financed, and operated.

The core of the project is a 166-kilometer high-voltage transmission line. Around 136 kilometers will be built in Angola, while the remaining 30 kilometers will be constructed in Namibia. Once completed, the system will have the capacity to transfer up to 500 megawatts of electricity. This is expected to significantly improve the reliability of the power supply in both countries.

For Angola, the project offers an opportunity to export surplus electricity generated mainly from its hydroelectric plants. By supplying power to Namibia and potentially other countries in the region, Angola can earn additional revenue. The project is also being supported by an innovative financing model that aims to avoid increasing national debt.

Namibia, on the other hand, will benefit from a stable and consistent electricity supply. The country has been facing growing demand for energy, and this interconnection will help reduce dependence on costly imports and strengthen energy security. It will also support efforts to diversify power sources.

The total investment for the project is estimated at about 52.3 million dollars.

Imagine the time you would have saved by just saying - Yes, i agree.

I think I’m more likeily to look others than some half bit nut case .. with very limited skill or knowledge base .. who thinks he understands Botswana and it business culture .. but is unlikely to have ever benn involved in any business actuvitirs in country.. But gets his information from local papers and a dodgy Facebook group … who are probably faceless characters .. to teach me anything ..

but I must admit they could have written the same quarterly updates for many quarterly reviews.. which isn’t good

gas production and field development - production testing and dewatering activities continued at the lesedi 4 and lesedi 6 wells.

▪ both wells continue to produce gas and water - be nice if you quantified this somewhat so we can see through all your bs;

▪ focus remains on reducing water levels to enhance gas flow rates - must be some serious quantity of water there now;

▪ independent technical review completed to assess optimisation strategies - no doubt they have lots of great ideas but who is prepared to fund a ****-show of a failed 5 year operation......

potential development initiatives under evaluation include:

▪ alternative well designs - this is code for horizontal wells dont work so well;

▪ targeting additional coal seams - this is code for we chose the wrong seam;

▪ well stimulation techniques - code for we have struggled for ages to figure out how to get gas to flow;

▪ additional drilling to support future expansion - yet more code to say our 2 horizontal wells dont work;

the company continues to recognise that sustainable commercial gas flow rates remain a key technical milestone - 'the company continues to recognise...' man oh man, you are having a laugh !

Your second answer April / May seemed a fudge to me Brad, maybe unintentionally but moving the goalposts by allowing for the whole of May when previously you said May day.

So I'm gonna hold you to May day, it doesn't really matter if we use the 1st day of May or the May day bank holiday on the 4th (as the markets won't be open). So that leaves us with 6 trading days for TOU to put out a funding RNS.

I very much hope you're right about this because the alternative is possibly massive dilution of our shares or further loans at extortionate rates. That is why the market has us priced at fractions of a cent and every day without news of funding puts us in an ever more vulnerable position.

Daily Extreme Octordle #1550

7️⃣6️⃣

🕛9️⃣

🔟3️⃣

🟥🕚

Score: 71

poppy