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Extract from a speech last week about ongoing electrification across the country:
PRESIDEDENT MASISI LAUNCHES MOCHUDI 132/33kV SUBSTATION
His Excellency Dr. Mokgweetsi E.K. Masisi, President of the Republic of Botswana, launched the 132/33kV power substation in the Kgatleng District on 22 February 2024.
The project is expected to improve the quality and reliability of power supply in Mochudi and surrounding areas. The substation will also facilitate transfer of the Kgatleng River villages from the South African grid to the Botswana grid. This is in line with the objective to eradicate dependency on neighbouring countries for supply of electricity to our villages along the border.
In his official address, President Masisi stated that Government has reviewed standard connection fees of BWP 5,000.00 and BWP 2, 500.00 (excluding VAT) for higher income and low to zero income households, respectively. He said that there will now be free connections for all households starting from the 1st of April 2024. Moreover, he said that customers earning only up to BWP2, 400.00 per month will be provided with the option of free supply of a Ready Box where a household could not afford the cost of wiring a house.
Speaking at the same event, Minister of Minerals & Energy, Honourable Lefoko Moagi said that the project has already addressed the load capacity in the Kgatleng region and improved customer experience, adding that the increased load capacity will go a long way in providing the Government with latitude to attain the Energy Policy objectives. “The capacity will allow Government to further extend the grid, increase household connections and provide reliable power supply in the Kgatleng district. Thus, provide modern services to our people and to attain 100% household access to electricity by 2030” the Minister said.
with respect winni - rough rule of thumb is 1m bucks for 1mw of power. so tlou will take the next 1-2 years to deliver 10mw, hence why i said 10m revenue (in relatively short time - for botswana). how many more years before tlou generate 10m net /gross / any profit ?
that has absolutely nothing to do with 'my rhetoric'. zero. nada. i am putting forward milestones ahead that need to be hit.
you guys have been mega positive for so many years now. i have been saying be more realistic for so many years. here we are - at some point we will meet. will that be in the middle or at the high or low end of expectations. that is for all of us individually to decide. success is how much money people make here - not how much hot air we all talk about who says the most clever thing.
as for tg and his expectations at the outset in botswana. give him what he knows now and i bet you a million quid he would walk away from this **** show !!
Preferred creditors are closer to AUD dollar 10.0m - so a further 300m shares would be issued. In total around 1.4 billion fully diluted.
Say A dollar 10m revenue and 1.5 billion shares = 0.67 cents per share - this ignores costs obviously. How long is it going to take Tlou to earn 10m net profit ? A very long time - to generate less that 1 cent per share.
Time for a Dad's Army quote - 'We're Doomed'
Winni - I guess the question any new investor asks themselves is what return will I achieve in what time frame.
Looking at Tlou they will see a company with 1.billion shares in issue and at least A dollars 5m as preferred creditors (ahead of equity investor n any orderly liquidation).
Very hard to see any hard nosed professional investor being attracted to that situation.
But I am thinking Free will give us a better perspective of the likelihood of funding from Doc or BPOPF or locals in Botswana.
....Tlou 'plan on supplying to the grid and selling directly to the BPC who in turn sell to Orapa directly'.
So BPC are going to sell electricity to a power station that generates electricity. I look forward to you exlaining how that works.
Oh goodness.... so dull.
Tlou interest in Orapa is to supply the gas. 90MW worth of gas - so far, we dont know if they can supply consistently 2MW.
And just because you know nothing about the history of Orapa - well is that my ignorance or yours .....
PS I dont know everything. But i do know loads more about gas in Botswana than you ....Get over it.
As for Orapa 90 MW - ask yourself why such an obvious target or prospect to convert and run on gas still has not been allowed to convert? My view is mostly somebody is earning an income from the current status quo. But I could easily be wrong.
What will be necessary however is to replace the existing 2 x 45MW turbines as they are 12+ years old. Any refurbushment will like cost loads, hence replacement likely the more effective option. But who is going to pay for that - certainly it isnt going to be BPC or whoever the owner of the power station currently is. And Orapa is a 90 MW plant - to feed it with gas means you need sustained feedstocks. And since nobody yet can prove sustained power generation for 2MW or 6 or 10, then Orapa is a few years away from being gas fuelled.
If all this makes me Superior, then with utmost graciousness, it is about time some of you guys knew what you were talking about. I mean, you have all be lurking here for long enough!
If you were laughed at, it was simply because Tlou do not have any money to develop Mamba or Boomslang. Didnt have it then; dont have it now; and likely wont have enough for at least another 2-3 years.
Why do you guys not see the obvious.
Well the other side of that is a bunch of guys who posted endless positivity - and how much of that has come true.
Just admit HB I been reasonably right for a long time here. Life will be so much easier for you (and others).... and then we can really start interrogating the true reality of Tlou. Like how long do they need to flare and dewater their wells ..... Certainly seems they have more water in their licence area than exists across the whole of Botswana.
when are you guys going to start asking the obvious and difficult questions here. Just ridiculous.
Yup, the endless moaning by certain posters basically kills this board. Stifles any chance of discussion or debate. That said, the company is a basket case.
It is not about being so far in that the others have to stump up more. Its about how hard a deal they drive before agreeing to pump in more money.
When I think of the amount of rubbish spoken here by (me occasionally) others over the years about how easy money is to get and how dilution doesn't matter - well we are finally getting to the sharp end of that debate. Where yet again, I am going to be proved correct. (I know guys, I know. No need to reply with all your blah blah)
Hmmm project generator model that apparently favoured more by Canada TSX companies. With a promise to market the various 'value catalysts' better in the future - so a big push ahead to try sell some assets (that have sat there for good few years going nowhere).
Pozzolan project still the flagship and hoping to conclude project development route in H1-2024, whether as outright sale, joint development or who knows.
Tolsa deal could generate $1.4m ahead but they will likely take rest of year to decide. And still not certain they will exercise to Buy, thereby providing Sunrise a 3 percent royalty (that they would likely look to onward flip to get cash in).
Copper is certainly flavour of the industrial minerals space currently so keep eye on Golden Metal Resources progress. But they type of mines take forevrrrrrrrr to bring into production so i dont see a magic bullet there imminently. But dont knock progress.
I guess PC is on a push to be visible to shareholders at this time of year, same as in Qtr 1 2023 when he allowed the hype and expectation about a really great year ahead folks to circulate. Lets hope he and we get tangible money results, not just great sounding project potential.
Free - "First of all Sekaname aka Kalahari Energy are basket case, so I feel sorry for anyone being involved in that share" and then "Sekaname do not come anywhere near Tlou Energy, as Tony Gilby and his team are years ahead of Sekaname"
You know this or you think this ?
Their 6MW signing ceremony was a quite impressive event imo. Or was the Minister simply badly informed re who and what Sekaname are.
Good man Brad - back of filter for a while i guess.
We seem to have forgotten that work still required on the fund raising side.
brad, stop talking about things and companies and people you actually have no clue about. i appreciate we helped you get through covid by giving you a purpose and a focus on something to research and post about. but - life has moved on big time; sadly you have not.
genuinely it does not matter what mw tlou or sekaname have - both are delivering a proof of concept. it just so happens that sekaname's is much closer to an end market where a 100km transmission line is not required to be built- how much time and how many shares has this cost tlou? whether it is for 2 or 6 or 10 or 97 again does not matter - as long as they can deliver however much satisfies the ministry and civil servants that cbm works for gas to power generation. then the desert sands can part like the red sea and everybody can get on and (hopefully ) make money. your endless attempts to rubbish sekaname or me or anyone who criticises your long held view that tlou and tg are 'simply the best' - frankly has made you seem a fool. and the only person that dares point this out to you is - me.
yesterday i was filtered; today you resond to something i posted - demonstrating you simply cannot filter me and keep me filtered. you are like a great big baby; you are terrified to miss out on reading something that relates to your precious investment or your precious tg. for fs man, wake up and admit (not realise - because secretly if you have not already then frankly you are beyond naive) tlou is a basket case. sekaname is probably a basket case. botala is on its way to become a basket case. and every bs post that tidd or buzz or morris etc fed into this board was nothing more than a bunch of punters trying to sucker in idiots like you / me / everyone else here that still follows.
your efforts to waffle here about minimum monthly top us for frequent trader status - costing you 300 quid a month - ffs man, stock markets are not interested in piddly little pebble pushers like you / me / us. and nobody cares about your petty cash spending patterns.
we are all going to likely die before any of us see any kind of return out of tlou - and any ****e tlou or sekaname or anyone else tries to persuade us otherwise is just noise. 1.5 billion shares in issue (with likely another 500m to follow) means there is no treasure at the end of this particular rainbow.
free - i 100 percent dare and challenge you to respond and articulate why i am talking rubbish. are yours big enough ?? after all, you were the one trying to make us believe that tg has not lost control of this listed vehicle. i say unequivocably that he, and management , have !!
Zimb gold efforts is nothing more than an attempt to keep busy and generate cash flows whilst the copper exploration work is undertaken. Copper and Lithium are the 2 metals presently flavour of the month, as evidenced in discussions at Mining Indaba last week. There is a lot of activity in Botswana currently exploring the KCB - someone will announce the next Big Find.
That's the roll of the dice right there.
The real victims here HB are the previously and easily misled shareholders. And what is entertaining is how they seek solace with friends for reassurance. And talk the biggest load of tosh along the way. Some saying they expected the company would issue 1 billion plus shares to deliver their strategic ambitions.
The barbs, the attacks, the BS - water of a duck mate. Rest assured.
The point of that post (which clearly you missed HB) was to highlight yet again that Brad post inaccurate, incorrect and irrelevant info. He has been doing it for years - yet you chummies prefer to let him post and ramble. Rather than try drive standards and ask for correct info.
But the real trend here currently is the gang ganging up - very defensive of everyone. And predictable. And dull.
You're great craic Free.
Invested in Sekaname - sure I own the company eeeish.
Does a company need to be listed on a stock market to be able to invest in it? Gosh, I would have thought any self-respecting CFO or FD would know the answer to that.......
Question for you - on the day you first invested in Tlou, would you rather have slept in / missed that meeting etc instead.....
Absolutely Free - I am invested financially and emotionally with Tlou and Sekaname and Botala all the way to the bitter end!!
You guys really really really do need to take a few chill pills and find a sense of humour somehow.