RE: Kala delivery problem - c'est la vie7 Nov 2025 08:08
Genuinely hope you are on the mend Brad. Your current bad fortune however seems to mirror image your darling investment fortunes. Let's get to facts please.
Shareholder wealth created by Tlou - near non-existent after 10 years. Just probably well-intentioned efforts, none of which have landed yet. Effort may be commended but it is not how investment success is measured. TG made numerous claims back in the day - he has failed to deliver on every metric which record investment success and shareholder wealth generation. That you continue to block this level of non-existent achievement in your posts says more about you and how you form your opinions - my opinion has been pretty consistent from the get go back in 2017. I dare you or anyone to claim otherwise !
You make me laugh when you blow up Kala as being the Tlou saviour. Just like you did when SynMet came on the scene. I wonder if you actually realise the reason you big them up is so you don't have to face the reality that you are getting things consistently wrong with Tlou. As in, they provide you the excuse to kick the can further down the road allowing you to hope and pray the white rabbit somehow magically appears. I don't fancy the chances of this - but hey, you never know.
Old friend of mine in mining circles always had a reply to those who said - Look after the pennies and the pounds will take care of themselves. His reply - while you are counting pennies, who is earning pounds. Another of his sayings was - All good things come to those who wait. Unless you die and then it doesn't matter.
When Masisi assumed power in 2019 he talked about a new beginning for Botswana. Nothing much happened and if anything, he was unable to control his party and things got worse. So much so, BDP were finally evicted. Just as TG and NM were recently - their exit had nothing to do with health. The US$10m or so investment by BPOPF in Tlou was immense value destruction for them - someone had to pay.
Now Boko and UDC are in power and promising new beginnings - one year later, the country has nearly bled its financial reserves dry. They have great plans and ideas - but no money of their own to make these happen. They are now dependent on foreign money through investment (Qatar, Oman, Turkey, India, China perhaps) to flow into the country. You can buy citizenship for US$75k - not a bad deal actually - but just a sign how desperate they are to encourage funds inflow.
I would recommend anyone wanting to follow commentary on economic progress in Botswana to read the quarterly reports on www.econsult.co.bw Well written and easy to follow - their Q3 report is very sobering !