Member Info for BOTS_PROJECTS

Whizzer - the market has been 'misled' by this management team in early years and so now we pay the price. If they started promoting the story, i reckon any price rise would be met with a wave of sellers. So why bother.

By way of example of what really irks me about their news Releases - the June quarterly said Sub-Station complete by Sept and first power before end of year. But they clearly knew then they needed a big chunk of money to make this happen ie $8.5m which they still had to go out and raise.

Then somebody contacted them recently to ask on progress - and the stock answer is - Due diligence is going well and we hope to ...... blah blah... It amazes me any one of the 3 Exchange Compliance teams have not spanked them hard ! I regular say their comments and Releases are disingenuous - How much evidence do you guys need on this ??!!

PS other reason market is not excited. 1.6 (or more) billion shares on fully diluted basis where the revenue potential is still unproven. And if the 2MW is successful, even delivering 10MW is unlikely to much change perception or expectations in the next 2-3 years.

Winni - buy yourself a book on Investment fundamentals. And stop kidding yourself !

Personally we should be thinking and discussing why it takes so long to get a deal done on the various deposits and projects. Taking pot shots at individuals and criticising isnt really much intelligence to the conversation here.

Always easy to criticise - it is the nature of hindsight. And shallow minds.

You are right Brad. How can the market be so stupid as to not recognise true value here......

Good that you are now pivoting to a 2027 timeline. Shows you are finally getting in tune with doing business in Botswana - no point rushing things when you can jolly well take your time. Still, are we not supposed to employ CEOs and Management teams that drive the company agenda forward fast and hard rather than be servants to the status quo of inefficiency and slow and ponderous project delivery. Just a thought. I know your conscious state of mind will never allow you to accept that your hero has been making mistake after mistake after mistake. But this has to be ever-increasingly playing on your sub-conscious......

Have you anything worth saying here Safe other than repetitive gobbing off and criticising the CEO ?

So were Mgmt knowingly misleading (yet again) with the June quarterly (issued end July) saying Sub-Station completed by end Sept and first power before end of year. They needed $8.5m to make this happen (assuming they have sustainable gas flows once in full commercial production) and so far raised only $1m.

But nice to see some of the long time cheer leaders being sanguine about the company much throttled back PR comms approach.

Maybe you should think deeper why the due diligence is going so slowly .......

CRH bought the processing plant + staff that are knowledgeable in operating it (now in 3rd year of operations) + the pozzolan deposit nearby that has been feeding the Plant. This is in Utah. Sunrise CS deposit is Nevada, so transport logistics the big issue. Goodness knows how many other deposits are nearer / farther etc. Is Sunrise CS deposit close to a rail link; if not there is truck transport to whoever can process the dirt, or transport to a rail spur for bulk loading (specific infrastructure that the Buyer would need to manage), and loads of other logistical details to understand and solve.

All PC is offering here is to sell someone the deposit in return for a Royalty payment for tonnage mined going forward.

Unless of course PC and a few mates are going to buy a front end loader and trucks to shuttle to the rail spur + live out of a caravan for weeks at a time.....

Sunrise CS is totally dependent on others to sort out their desired supply chain; once they are on top of that and CS fits their needs - we are in business re Sale & Purchase agreement. Wait until it happens - if it ever happens !

Https://www.linkedin.com/posts/serge-schmidt-66360b1_this-week-i-am-pleased-to-announce-the-acquisition-activity-7237509927471124481-Evj9/

A good signal there is meaningful M&A activity in the pozzolan space. But where Sunrise ranks in terms of having a desirable resource property is what none of us knows. Pozzolan sells for about $100 - $150 per tonne, so has to be moved in bulk to a processing plant, ground, dried, sorted and then onward delivered to end cement or concrete user. Who in turn is using it as a replacement supplement for fly ash, which still seems to be in plentiful supply (hopefully ever-diminishing).

So finding a Buyer for our deposit is all about a Buyer who is capable to leveraging the supply chain logistics cost to their advantage. No easy feat.

Still - that wont stop the moaners from moaning. I guess they expect Management to approach potential Suitors and say Please buy my deposit because i have a cohort of windbags on my shareholder register that cannot understand why my pozzolan deposit has not been snapped up and spitting out vast volumes of SCM.

And you think i am odd. Jeez.

How many alias is that now i wonder.

Apparently Geofortis has recently completed sale of their process at Toole, Utah and their tephra deposit (also Utah) to CRH Group. This might explain why the ...."processing of 250t bulk sample by existing pozzolan producer now expected to take place over the summer after long delay at the plant site" has been, and appears to be, continually delayed.

Also suggests Sunrise must little to no bargaining power when industry players make an approach to perform due diligence on the pozzolan deposits. Basically they have to wait and hope somebody wants to Buy the deposit so they can schedule the supply chain source into their cement / concrete production plans ahead. These sorts of things typically have a 2 to 3 year lead time for scheduling so no Royalty stream likely from pozzolan any time soon.

What has happened to Shareholder Engagement here?

I guess this is what happens when you announce in July you need A$8.5 funds to ..... "go towards development of the Company's Lesedi power project including acquisition of generators, operations equipment as well as completion of the Lesedi substation and associated infrastructure" ...... but only bring in A$1.0m late August.

If you say you needed $8.5m to complete all this work, but so far announce bringing in $1.0m - can this be a good sign?

I wonder how Brad will justify Saint Tony's approach here. Any normal person can see they are under pressure for money to pay to complete the project - substation to complete in Qtr 3 and first power before end 2024.

Maybe Cloo or one of his many alias can get to work and raise the necessary money. After all, it is really easy raising money in Botswana.........

Tick tock, tick tock,....

Like i said - bored with the drivel. You are not able to substantiate anything you wrote in last post. Everything you say about Sekaname is wrong; probably everything about Tlou wells is equally as fanciful.

Bored bored bored.

Bored with the cheerleaders defending for ........ exactly what reasons guys ?

Bored with having a pop at Tlou and TG and mgmt team who clearly, after 15 years years, still are not in a position of significant influence in Botswana.

It's pathetic really !!

It means what you want it to mean Brad. That is how you have been interpreting all things Tlou for how many years now.

Time is money - so i guess you are saying Tlou management team have been that unbelievably busy dealing with everything else that they felt it easier to just pay the fine, and issue yet another piece of BS for the gullible ones to lap up.

Bought their licences from Saber in 2009, listed ASX 2012, drilled however many wells over next few years, made endless claims about them being the first in all matters CBM in Botswana (when they were not), got a 2MW award (scaling to 10MW) in the 100MW RFP (2016 to 2020), then another 4 years to progress the project to the stage where it took them 2 years to build a transmission line and 2 substations, and now that they are almost at the finish line, the management team go silent. Go figure that.

It probably means there is so much good news being held back, because the major shareholders want to shake out the weak holders, so friends n family /institutions can get one last chance to get onboard at rock bottom prices.

Or it might they are still short of the necessary cash to finish things off so they don't dare speak to the market.

We should get Cloo on it - according to him, it is real easy to raise money in Botswana. Come on Cloo; be the Saviour.

Thanks for sharing HB. I, on the other hand, bought at 17 cents or was it pence; live in an upstairs cupboard or was it a box; am pasty white because i dont ever get outside to see the sun; and live my life to attack Tlou and its management team because this is my idea of fun......

But like you, I also feel i have nothing to worry about. That is because I have already written my Tlou investment at Nil (years ago) so its all opportunity profit from here.

Enjoy your pint on the village green with your Yorkshire pud old boy.

So you are saying Tlou paid over a fine of $53,280 because Tlou managment deemed it easier to pay this rather than sort out the misunderstanding ...... Jeez, you get more and more stupid.

And sone here think radio silence is because everything is going along swimmingly with no problems. Just finishing things off ahead construction completion by end Sept and selling first power in Qtr 4. Oh well, each to their thought processes.

Surely a few of you guys have at least the start of an uncomfortable knot in the pit of your stomach developing .....

The Messiah told you this would all Come to Pass how many years ago .........?

Ah haaaaaa. You know what they say Winni - Talk is cheap.

Per the good Minister Moagi:

The Minister of Minerals and Energy, Honourable Lefoko Moagi reminded Ministry officials of the necessity of keeping to timeliness if the IRP targets are to be achieved. “Time of the essence. We want things done now, ” he said, further advising his officers to start talking to power operators in the Southern African sub region to enthuse them into uptaking power from Botswana.

This is the guy that oversaw the initial tender fiasco - took 3 years near enough to award a tender to Tlou and Sekaname, to deliver a project that was not costing the Govt or Ministry any money. All they have to do is buy the power that Tlou sells to BPC. Yet now the good Minister says 'Time is of the essence'

Maybe instead of heckling you could post your views and opinions so we can see if you have any substance or intelligence etc. Or if you are from the same school as the good Minister - who likes to talk but seems less capable on delivering.

while you are thinking this through free, the following popped up on my inbox: boasting a diverse mix of energy sources,

namibia has become a premier destination for investors in africa.

with an abundance of solar and wind resources, namibia’s plans to expand power generation capacity are expected to see a share of 60% renewables by 2030. within this timeframe, namibia aims to install a total of 510mw of grid-connected renewable energy capacity. this ambitious goal will be driven through competitive tenders from local and international independent power producers (ipps) that will be subject to ppas with namibia’s state-owned power utility nampower and regional energy distributors. last december, the government launched a tender inviting consultants to provide services for renewable energy projects spanning solar pv, wind, and battery energy storage systems (bess). services will include environmental and social impact assessments and site studies for several upcoming solar pv and bess projects.

a hotspot for hydrocarbons

a *****et of major oil discoveries in namibia’s orange basin have placed the country’s upstream oil and gas sector on the precipice of transformation. the graff-1, la-rona-1, jonker-1x, lesedi-1x and venus-1 discoveries were made between 2021 and 2023 through a series of exploration campaigns led by supermajors shell and totalenergies and state-owned qatarenergy. last month, totalenergies announced its continued exploration in the offshore orange basin, with appraisal drilling being conducted south and north-west of the venus-1 discovery. these efforts have already resulted in the company intersecting hydrocarbon bearing intervals in the mangetti-1x prospect, drilled 35km from the venus-1 discovery.

with production expected to start in 2026, the kudu conventional gas field – one of namibia’s most prolific assets – is currently in its front-end-engineering-design (feed) stage and will be operated by oil and gas company bw energy. home to nearly 600 billion cubic feet of natural gas reserves, the development is expected to reach a peak production of 64 million cubic feet per day.

exemplifying the country’s integrated energy strategy, this exploration blitz has the potential to make namibia one of africa’s major oil and gas producers, while a wave of new seismic activity is poised to attract new independent and junior explorers to its frontier market.

Reads great Free. Why do you think it takes them so long to deliver these types of 'no brainer' projects?

Like i said, reams and reams of nonsense - about nothing. Still, if it makes you happy .....

Another quick tip to buy Tlou shares - place your order At Market price. With 1.2 billion in issue, and market makers presumably sitting on millions themselves, you will have no trouble whatsoever getting however many you are keen to buy.

Or of course, you can write reams and reams on nonsense about nickel and diming to save yourself maybe a fiver.