Member Info for BOTS_PROJECTS

Shame their PR machine allowed the price to drop then ,,,,,,

With consistent lack of depth and detail to shareholder communications in last 2-3 years and the sudden resignation of Tony Gilby, there is an opportunity for current management to be more open and transparent with project and company progress in the June quarterly due out end July.

We dont want to hear TX and sub-station connections nearly finished; or that we are near first revenues; or that discussions are ongoing with BPC and Kala and other potential partners; that the wells were successfully flushed and are dewatering nicely with gas flows stable or improving; or any of the usual general guff we have been fed for far too long.

What we want is:

BPC - size of MW PPA and when we start delivering electricity and likely annual revenues from full year forecast;

Kala - is the contract side all agreed and signed off and when expected to be built, tested and operational;

If Kala contract not all agreed or signed off, what is left to resolve and timelines to that and subsequent Go-Live;

Gas to power was the flagship project for many years - is this still the case ? If not, why is the company proposing to pivot?

Gas to power is still the major revenue market opportunity there. If not with BPC, then what has happened to selling on SAPP - the holy grail as touted by Tony at investor day presentations in London and elsewhere. As well as Tidd and other chumps reminding us this was our route to the promised land and that GG was the man to deliver all this;

What has happened to GG - he is anonymous nowadays. Clearly he hasn't been the networker and harbinger we were led to believe he would be;

And lastly - tell your shareholders what happened to TG. After so many years waiting and being told how great Tony is or was, surely we can expect management to make an effort and inform us better on this matter ???

Frankly - we should have to be asking for management to provide any of this. It is part and parcel of their day job - some waken up chaps. Earn your salaries because with the slow progress on the ground in Botswana, you surely to goodness cannot be time-constrained !!

Just imagine if you guys had mobilised and communicated with Tlou management as much as you have pushed back on me for however many years. Maybe had you done that, the management team would have realised they needed to be more responsive and properly communicative with shareholders - because their efforts on this in the last years has been truly dreadful !! There is no getting past that now, is there.

At some point in time maybe you will also realise I am not the bad guy here. But well that will be a stretch for some here - but I am happy to wait and see.

So if I read the message in your last post MM, you would have us believe that Rio Tinto will get interested in ZIOC after end July, at which point in time that are expected to have appointed their new CEO. And that one of his priorities is potentially looking at doing a deal with ZIOC, in iron ore in Africa when they are reasonably busy with bringing onstream the largest iron ore project further north that has its own multitude of partners and infrastructure issues.....

Sorry but the only way Rio will get interested in ZIOC is if they walk away from Simandou in Guinea. Until then, my view in trying to make anyone think Rio and Zanaga combine is disingenuity at its absolute best. Or worst, depending on your perspective.

Tut tut ! Not one of your better ones.

Great - give me 3 positive meaningful facts about Tlou then .....

Oh here we go again ....... get a room you 2 and you can talk about me all day and all night long. Do you ever talk about Tlou? Do you know what Tlou do? Actually, if you spent less time slaggin' me and focused more on Tlou, then you would realise what it is that they Don't Do. Why? Because they have not delivered one single thing yet that they said they were going to do...... FACT !

Nearest they have come is to building a TX line - which is not yet complete per last quarterly. Maybe they will claim it is finished at end of this month. Just a shame they don't have any electricity to evacuate through it at present. If ever.

But then, if the wells and generators don't work for Kala, at least they can hook up to the grid and switch on lights etc.

You guys are soooo entertaining. And clueless - now we have 4 of you.

Wrong again as usual. They did make things easier for Tlou by allowing Tlou to reduce the PPA tender period from 20 years to 5 years. And in doing so, this opened the door for Tlou to quote a decidedly reduced tariff to normal market rates - which fits perfectly a crappy bid for only 2MW loss leader pilot project. They also tried to get PPADB / BPC / Ministry to enforce a no fracking stipulation in the 100MW bid submissions which obviously was to their advantage given they drilled horizontally. In other words they tried to alter the terms of the Govt tender to their own advantage. But you are that orsy eyed with all matters Tlou, or else so determined to rubbish what i say, that you simply cannot think laterally or deeply as to what anything means. Match made in heaven you pair are - be happy. Both as clueless as the original clueless now sitting at the top seat. gawd help us.

But from what I am hearing all of the above will soon be irrelevant. Let's hope gas flows and composition come to the rescue..... Should be a really interesting quarterly report, if not sooner.

Long way to go - but i am happy that you appear happy with current affairs

And you like to try blame me for destroying this message board. Unreal.

Come on Free - share your insight please. Let's try make this board worthwhile from a few of the more knowledgeable posters....

'He has left Tlou fully funded at zero cost'

Just incredible !

So is this code for you know that news is coming on a change to Directors and Management ? After all, the new shareholders are in long enough now to understand matters better than at point of entry (even though some of them know the project from XStrata days).

Amuses me no end that message board investors find incredible corporate strategic insight from the lofty vantage of their 5 or 10 or maybe 50k investment.

Patience chaps - patience. Remember they are working on workstreams that potentially could increase the Project NPV by US$4 billion. Yes 4 billion big smackeroos. Infrastructure challenges here are significant and complex; the backers to Zanaga are not so deep pocketed as Simandou - so it needs a serious deep dive by all.

So why don't you try scolding Brad as much as you try scold me ?

We all know why - but is time you stopped being a 2-faced chump.

Is often hard to listen to BT when he goes off on how on Sustainability and Community positivity. The landscape was bleak enough looking; they or the old timers dig holes in the ground so the least you can do is get a dozer and digger to fill them back in when you are ready to move on.

But gold in Botswana is their main direction of travel - I am not getting any sense the copper licenses in botswana are setting the world alight. Sadly

17 Subsequent Events

In March 2025, ZIOC successfully concluded the buyback of Glencore’s entire equity shareholding for US$15m, resulting

in the termination of prior Relationship and Offtake Agreements. This pivotal transaction provided greater strategic

autonomy and enabled new cornerstone investors to participate in the equity fundraise, which secured US$23.01m in

gross proceeds. The balance gross proceeds of US$8.01m will be utilised by the company for its working capital

requirements.

The acquisition of Glencore’s shareholding and the successful equity fundraising have positioned the Company strongly,

enhancing both its financial stability and strategic flexibility to advance the Zanaga Project towards a construction

decision.

Love it. If I said what Sekaname had said or did, i would be accused of lying. Brad says it because he genuinely has convinced himself he actually knows what the opposition to Tlou said or did. No point saying you couldnt make up half the stuff Brad says - because he regularly says it over and over and over. And I suppose the more he posts it here, the more he actually believes his own imagination.

Now what is that a sign of.

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

What Botala are saying about their CBM opportunity in Botswana.

Having to as usual correct Brad's factual inaccuracies:

"hen, my first beef with KE/Seka arose. They were only prepared to tender for a PPA if that PPA was substantial enough to make it worth their while! 100Mw was enough for them to enter start the rat race with TLOU!"

2 parties were invited by Govt / PPADB to submit their tender responses to the 100MW RFP gas to power pilot. It was entirely up to each party to submit whatever amount they decided worked for them; absolutely not the way Brad dreams up where Sekaname said we must be allowed to submit a large amount otherwise we will not submit at all.. Your view Brad is wrong; tenders to Govt do not work that way.

More fantasy follows with this nonsense: "TLOU did not need a PPA because they KNEW Botswana would buy ALL the gas they could provide as long as it was at a competitive price! And Botswana offered a spread of $10 to $30 per unit which beat expected Australian prices hands down!"

Tlou and Sekaname were chasing a PPA from BPC for many years before the 100MW tender - the great excitement in 2017 was purely because finally Govt had been persuaded to issue such an opportunity. To use the 8 years since to try change the interpretation of events, simply because now Tlou seems to no care about PPAs with BPC (instead pursuing a private market opportunity) is absolutely consistent of Brad making things up as he goes along, to suit his wafflingly long and most irrelevant twaddle.

That is absolute self-serving rubbish MFM. If I mention other companies, it is because they have some relevance to Tlou or Botswana. And I have never (to best of my knowledge) promoted any of those companies as an investment. Botala is a direct competitor of Tlou so it is useful, relevant and informative to review their progress. Who else have I mentioned on this board ?

If Kavango - is just to show how difficult they have found succeeding with their copper licenses in Botswana. Who else .......... ?? Come on, you made the allegation - so who else?

Good for you MFM. It is relevant to Tlou shareholders to know that their competition is trying to get Govt, through their minerals investment arm MDCB, to take up their 15% equity entitlement as provided for in the Mines & Minerals Act.

Can I also ask - when the poster Bradsmith talks about football and his dog walks and his dreams/ nightmares and other memories from his personal life - do you also report those posts given that they are not Tlou related?

I think perhaps you should try being more consistent with who and what you report upon please !!!!