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How about you tell me why you all post the same drivel responses to my messages.... Surely some of you have got a spark of imagination somewhere within - coz after this many years you are managing to hide it real well.

The stupidest thing I read here is someone being accused of being a paid influencer to deramp junior mining companies. You guys love to trot out words without ever thinking what they mean or how such things might work in the real world.

PS Govt of Botswana is not far off being broke - this should concern you as shareholders in your pride and joy investment that is going to take over the energy world down there. But no - far better you criticise me as a crackpot, doomster, naysayer, paid influencer, bitter and sad, .....

How come you muppets are all sooooooo clevrrrrrrrr Not.

What does so much potential really mean?

Sunshine will earn royalty payments when the projects they sell are in production, and selling product. But how many projects have they sold that are currently under construction? So when they do actually sell a project for someone else to bring in to production - how long will that take them to prepare a BFS, raise the finance, start the construction process and then, after commissioning testing, actually start selling product.

Sorry, but Sunshine is still a fair ways off generating cash flow income via royalty stream.

Ah but the opportunity is so reminiscent of Tlou back in the day. Maybe they need someone like Brad or Tidd or Buzz or Miner to round up the retail posse and start getting tongues wagging. Maybe a few investor presentations on a Friday afternoon at well frequented watering holes in Sydney / London and the like. What will they be the first to claim success at i wonder. Oh forgot, Tlou has the monoploy on all this - yet surprisingly it has taken them so long to achieve so very little. Except build a transmission line to evacuate power that they cannot produce yet because they dont have any money left at present to guy the generators and gas gathering systems needed to extract, clean, dry and compress the gas.

Oh yes, i nearly forgot - the GAS. The thing Tlou raised all that money years ago to find and extract and sell. But instead, they build a transmission line and a couple of sub-stations. For BPC and the Ministry and Govt of Botswana to eventually take over and own.

Did Tlou ever tell us they would have to sell this back in due course? At what price I wonder? A profit hopefully - to a near bankrupt African Govt. Bliss, sheer bliss.

And this is all lead by Brad's hero - Saint Tony. Hasn't he done well !!

Https://bte2.live.irmau.com/pdf/3d62de89-6bf2-41a1-b02e-1a44b1039894/Leupane-Energy-Hub-Environmental-Approval.pdf

Absolutely spectacular announcement out by Botala today about their plans for the Energy Hub near Serowe + initial 250MW (of total 500MW) solar plant closely followed by 200MW of gas powered electricity. And hot on the heels of that, a Beneficiation Plant to value add the copper and other precious metals mined in Botswana.

And the best part - all this happens after they complete the current about A$1.5m fund raise through sophisticated investors and a Shareholders Plan. This is just spectacularly exciting - we can all get in on the ground floor today. Let's all ditch Tlou and trade into fellow aussie mining explorers and project developers !!

I love how the aussies are prepared to bring their expertise, vision, strategy and management skills to backward Botswana / Africa and help power them into the next metals and energy era. Well done you !!

Exactly right - Tlou has been the biggest Yawn Fest ever. After all the hype and promise of being the first to achieve everything in the southern africa energy ecosystem, what has been delivered since mid-2016 when they started the ramp up?

They are supposed to be a gas exploration company - and instead of drilling and extracting and selling copious amounts of gas in whatever compressed form the Buy side of the market will pay for. Instead, they are suckered into laying down 100km of transmission line and related sub-station connectivity - all of which they likely have to give over to BPC in due course given that BPC has the monopoly of power distribution within Botswana.

The line that still gets me riled trotted out by TG - Botswana has the best coals he has ever seen. He never ever before had to extract gas in commercial quantities from Aussie coals; yet here he is making technical geological comments in broad terms that idiot investors here (me included) swallowed hook line and sinker. He should be locked up.

As for 50 billion shares in issue - dont joke. They will have to issue 10 billion to have any chance of building a decent sized business; not that the market will allow so many shares for such a micky mouse outfit.

Love the way you all care so much re trying help me with my intellect, skills etc.

But really, take a look in your mirrors. And ask yourselves How big a mistake did I make with thinking Tlou was going to be a multi-bagger investment decision. I love reminding you all, so keeping on offering all this wonderful help and then i can keep on reminding you of the fateful day and days you parted with your Tlou cash.

TG and team have a lot to answer for; that day cannot be put off for ever and ever.

Time for anotherDonkey claim - first power wont happen in 2024.

Big difference between Brad fantasy v Donk truth.

When are you guys going to realise ....

I love how Brad knows so much about the inner processes of a Govt tender and the parties involved.

Write a book Brad. It will be a best seller.

If I am not - then I am the only lucky boy on this board.

Or are you telling me everybody else here who is invested is very happy clappy and feeling chuffed with their previous investment decisions ?!

How many times have you clowns posted this question? Who cares why i post. Is a free world and I am entitled to post my thoughts, opinions and observations just as much as any of you are. I refuse to eulogise TG and team because frankly they were hugely disingenuous many years back when selling their dream strategy of taking over the CBM world in southern africa. They made multiple claims that were blatantly not true back then; and they still do not clearly present the progress the company is / is not making in delivering their pilot project.

All this is obvious to anyone with a brain. Clearly many here are lacking in that regard if all you are interested in criticising and attacking my posts. You guys have been taken for a ride, for a rather long time. And still you prefer to not acknowledge.

No problem. Look at the facts. Look at the signals. Look at the progress. Look at how long the progress has taken. Look at what is bleeding obvious if you step back and apply some perspective to what has been happening here over a decade.

And still the only person who is wrong is the donkey. And still all your are interested in is asking why does the donkey keep posting.

Seems your reality is centred around finding reasons to allow you to focus everywhere else except where the reality of rubber hits the road. And why your investment is basically one huge disappointment.

Why do you guys keep supporting a management team that thought it could swan into Botswana and think they could take over the CBM world. Reality - you guys really could do with understanding what reality in Botswana means.

PS elections in full swing now. Come back next March/April as the Xmas and New Year break will last until middle Feb. Then a month to figure out how they can start ripping off anyone there trying to make an honest buck. Including Tlou.

Sadly for Tony, regardless of how you plan to account for a loan and the attaching interest, the lender still expects to get paid their capital plus interest back.

Desperation = capital + 15% coupon compounded monthly with a bullet repayment at end.

However all this banter forgets a couple of other pertinent points:

1. The financing on these terms has not yet actually been arranged;

2. What happens to completion of sub-station by end Sept, purchase of generators and other equipment, energising the line and transmission of first power later this year IF they dont secure the money needed to pay for all this;

3. Govt of Botswana is near broke - the Finance Minister addressed Parliament on Monday to inform the Govt Investment Account has plummeted from historical levels to 4 billion Pula (USD300k) end May, and still falling.

4. Part of the outcome of this is that the Pula will collapse in value against US dollar, Aussie dollar.

Oh remember the 5m aussie and 5m USD loans granted by Doc and BPOPF to allow Tlou / Saint Tony to finish the pilot proof of concept - well yes, the interest on those is also getting capitalised (until the generate first power presumably) and that will also have to be paid back sometime.

Maybe the plan is the bulk of this latest 4.4m quid will be used to pay interest and some capital to the Doc, ie buy yet more time to generate cash flow and build up cash buffer in 5 years time. Nice strategy if it works - but there will be negligible profit for shareholders.

Olympic medal required for a new class of 'sailing close to the wind' me'thinks. Or jail.

Really - y'all have to spend this much time figuring out how much to pay back if draw-down was 4.4m quid at cost of 15% monthly compounded for 5 years.

Are you sure you guys know what this investment malarky game is about. Or did you just believe the BS spewed by Tidd and mates and follow in blindly ....

Jeez Brad, you spent years telling us how clever you are/ were. The older one gets, the better .........

See, that is why i am you guys guilty pleasure. You want me to post so that you can focus on anything else other than what a basket case of an investment you have all been kidding yourselves for nigh 10 years or more.

Not Donkey; not Moagi; not Bots. Even the good folks in box closets in Doncaster or Hartlepool are sharper tacks than you the zombie crowd inhabiting here.

And Cloo and Brad dont know how to calculate how much Tlou and TG will have to pay back on the basis they borrow 4m and 15% interest compounded monthly, with bullet repayment at end. Ya just gotta laugh and sympathise when moving amongst Zebeddee's friends ......

Well played TG. You managed to suck in the stoooopidest shareholders in all of christendom.

Brilliant.

15% compounded monthly - oh me, oh my. The essence of cheap money and the essence of lenders who have faith in the project.

Please explain for the stupid troll / people here How 15% monthly compounded interest is Cheap Money ?

You told us repeatedly that your Hero wanted to build small and use cheap money. Well here we are, building small after 5 or more years and using probably the most Expensive interest rate for debt finance I have ever seen a plc have to accept.

You only accept such gouging terms when you have no alternative choice - that is where your Hero strategy has gotten Tlou. He doesnt even have the money to buy the power generating equipment - check back to previous announcements becasue I am CERTAIN he said in those announcements for those funds being raised they would be used to buy such Equipment.

Tlou and TG deserve to be investigated by stock exchange Compliance Depts for issuing, at best, flowery language. Typically disingenuous - I dont care if you agree or disagree. Facts are Facts - shareholders have been strung along here for how many years now .......

Latest announcement says - it has signed an indicative term sheet for a proposed mezzanine debt facility with a Bots based investment management firm. And then - key terms are .... coupon - 15% nominal annual compounded monthly. And the funds will go towards development of Lesedi power project including acquisition of generators, operations equipment as well as completion of Lesedi substation and associated infrastructure.

Well holly mollie - if they dont secure these funds - at a quite incredible Cost of Capital - then the project does not get finished any time soon. And it certainly does not get finished in accordance with their claim in the recent quarterly that Tlou is on schedule to complete substation work by end Sept and deliver first power later this year.

Brad loves to talk about the Tlou raising cheap money, avoiding unnecessary dilution, TG managing to conserve cash, yada yada. What absolute utter nonsense. This is an Energy project. Energy is typically huge Capex investment and then recovery over many years. Fine, Tlou is having to do it via proof of concept first via a small pilot project. Even that takes money, a lot of money. Money that Tlou did not have, but thought they could raise piecemeal along the way - which they have done / are doing.

But at what cost to shareholders. 15% interest on Stg 4m quid compounded monthly over 4 or 5 years will end costing approx Stg 8m quid.

Clooless - given i am supposedly hopeless with numbers, perhaps you can recalculate and confirm. Eh.

Brad - what did TG say all those light years ago about only ever wanting Cheap Money. Your hero. Your idol. You idiot for believing.....

You dont want me to go Brad. I keep giving you the chance to keep repeating your same old, same old, endlessly repetitive bilge about what Tlou and TG are such a winning combination. When the facts tell everyone else with a brain something completely the opposite.

Bye bye.

You dreamers are in Zombie land. There was about 250m shares in issue when the 100MW pilot RFP tender was issued - and to deliver to date: 1,2 billion shares in issue now with A$5m and US$5m convertible notes (ie 1.6 billion once converted.

Not to mention this new debt (if it ever happens) - basically 2 billion shares will be issued. For a 2MW, to 10MW gas to power plant using generators out in the bush. They are not even building a power plant FFS.

They say they have been dewatering wells for ages - show some photos of the water ponds.

They say they have been producing gas for ages - show some photos of how you captured the compressed gas in tanks. Or have you been adding to GHG emissions by simply flaring - surely not.

Or maybe your gas is still so CO2 saturated, you have not bothered to clean the gas - why? Because you have no money perhaps.

Zombies here talk about how the DOC and TG and Pension Fund back the company. Well why do Tlou need a new backer / lender to grab the last dash for cash to get to production.

To sail this close to disaster is not how a well managed company is run; this is a potential going concern disaster.

And still the zombies refuse too criticise. beyond idiotic ! Bye.

John McInroe'esque - ARE YOU SERIOUS

This demonstrates how close Tlou has been sailing to the edge ! They need this money to do this ....

"The funds will 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."

Yet again, TG and team GUILTY of under-representation of project status. The Lesedi sub-station would not get completed without these funds - and now shareholders are left stitched up YET AGAIN having to suck up super expensive money, which will end up in more obscene dilution.

The other major question is - what is the ranking order for the debt holders ? The doc; BPOPF; this NEWCO.

Oh and PS - their due diligence is only just beginning. How long will that take; when will funds be received; will Doc and BPOPF consent to NEWCO being ranked ahead of them as a Preferred Creditor; .....

This is a QUITE INCREDIBLE news release by Tlou. They have been flying by seat of their pants for at least 5 years now, and effectively they have their begging bowl out and hoping someone is stupid enough to top them up so they can get across the finish line.

How come TG has stopped putting his own money in here ?? Didnt he make millions and millions from goals 1 and 2 of his famous potential hat-trick.

Carry on guys in your naivety, stupidity, desperation, clueless and classless comments.

Gutless, classless and infinitely clueless, as always. You must have had a tough childhood.

PS we dont have basements in Doncaster, just top floor cupboards.