Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Agreed Winni.
Clue, If you filter him he becomes a more colourful poster guaranteed! Instead of Blue and Black posts he adds GREEN to these pages , and that is a TLOU ambition GREEN all the way to Botswana's #1 power house.
That GREENERY is all the support he is likely to bring to TG, TLOU , CBM power (not calor gas cyinders) , a pipeline to Orapa, Solar , and one day (I hope) Hydrogen.
The interest rate of less than 8% on the bonds is not that high imho.
If we can get 8% more than the Aussie price of $10 to $12 over the net 40 odd years it will be peanuts eventually. With the Botswana import price being up to $30 (or $40 as suggested on here from Mozambique was it?) it is a doddle!
Say $15 , then that is 50% uplift on $10 , or 40+% on $12!
What the unit of power is for those prices has always been a mystery. Mw/hr and joules and multiple joules and AUD and USD and dollars or cents are!!
But the proportions and percentages on a like for like basis make my arithmetic accurate chaps. That will not be obvious the Green One for certain. Ignore his inevitable tripe and let him carry on believing we are still back in 2014 when TLOU and Sekaname were planning to deliver gas in calor gas containers with lorries! The have both moved on to delivering electricity thrould wires - but Donkey still lives in Ian Kharma times with dinkeys in a treadmill to power the drills no doubt? He is still at primary school level and his clock is not ticking.
They "can be placed by the 30th" could not be vaguer?
It makes sense to scrap them and seek a better price at a leter date.
But potential buyers , 1.8p for a 2.4p share , so there will be loads of them .... look to be at the whim of the company? I think we should all be offered our 4/11 entitlement when 1.8p was higher than the sp!!!! With 14 days to go I hope the 169m are scrapped!! It is the only fair way imho!
I did find this though ...
"Tlou Energy Ltd - Botswana and Southern Africa-focused energy company - In the first half of the year ending June 30, interest income rises to AUD11,383, or GBP5,894 from AUD6,351 the year before. Pretax loss narrows to AUD1.8 million from AUD2.2 million a year ago. Managing Director Tony Gilby says: "The company has made excellent progress over recent months, and we are getting very close to first revenue. Having direct access to the power grid opens up our gas field to a huge market. It has taken hard work and significant investment over many years to get to this point, and we look forward to delivering power and earning first revenue for the company as soon as possible."
Current stock price: 2.20 pence, up 2.3%
12-month change: up 79%
By Sabrina Penty, Alliance News reporter"
Written by a James Bond girl perhaps?
"Having direct access to the power grid opens up our gas field to a huge market. " is the interesting bit (apart from Sabrina #2 , I still remember #1 from Arthur Askey days).
Does BPC alone suggest a huge marker to anybody here? Not it does not to me either! Donkey was talking through his ass yet again! His ass is Sabrina #3 perhaps?
Clue - in a decade the idiot has never backed up a single claim he has made , not once!
He has repeatedly ridiculed me and thinks he can teach me if I have faith in him!
He does the same to TG whose record stands up to any criticism thrown at him.
We all know that TLOU would be dead under anyone else's leadership. Tony is so careful with money , frugality is the word , and he has never endangered our investments. He traded time for debts and it has been a while.
Donkey would have installed Martello towers and fighter planes to guard us against the civil war, hired umpteen drills to get economy of scale from gas flows , bought out Sekaname because they were his golden boys etc etc in short we;d have died in the maternity delivery ward!
The share price will drop to 1p again - we just have to wait for Ian Kharma to replace Massisi as president! Clue just filter him please! He is a nut case! A scrotum? A bag of wind! Quite hairy when he says he is always right? He is also prepubescent like most primary schoolkids with ADHD.
Yesterday my IG ISA was showing well over £1000 in the black , both LSE and ASX shares in profit. Currently showing a small loss on LSE @ 2.29p instead of 2.4 closing price. I expect he'll be very pleased for me considering he has seen me averaging down every month with pathetic £300-£500 buys to keep frequent trade status and the wolf from the door on Custodial Charges.
The falling sp dragged my holdings below the threshold for CUSTODIAL CHARGES EXEMPTION from being way above. It won't be long before they are not a concern,
Thank you Saint Tony!
And guess what ? He berated him with all thr carp we expect from him. I spent ageds deciphering what Eric had to say and posted it wird for word so he might understand the speech! He never did of course!!!!
Eric was on our side but there were doubters saying the methane gas we would find would not be up to scratch and TG did not how to pull a third rabbit of the hat.
He has been filtered for months and after all this time he merely murmurs tripe!!!! He is offal perhaps?
The pension fund needs to earn money to pay folks pensions - does he think they’d spend good money after bad in Tlou???? His civil war would be possible if they blow everyones pensions and the Govt sat back at watched!
He is brain dead if he has one.
This board is so quiet I took a peek at BOTS post to see what gems he has to offer.
Eric Molale gave us a speel years ago in which he said CBM powered ELECTRICITY was the way to go, as long as it is AFFORDABLE?
That does not sound to be like the price is non-negotiable.
And TG said there was room above $12 (Aussie estimated prices) and $30 (imported diesel powered electricity) for TLOU to do better than OZ and for Botswana to do better too!
Of course BPC cannot dictate what we get! They can refuse to pay our price and if they do that how can they stop us selling to someone else?
They would not adopt the poles and wires of course - but they'd negotiate settlement for the outlay TLOU had on them within the price the agree? That increases the price because they are repaying TLOU for providingthe line.
If we sell to SAPP I guess we'll have to swallow the cost of production and maintenance ourselves - and that will push our price up anyway?
I think that was where my price of $18 came from? $12 as a base plus line costs either way plus a bit? $18 - $30 looks likely to me. UNLESS $30 for diesel power has been blown up or down by Putin. The only way is up imho.
If BPC can name their price - I'll be totally amazed - and canned gas is still in Donkeys' head - we and Sekaname dumped those ideas yonks ago? Is he always as polite about me? Filtering agrees with him! Pipeline to Orapa is the nearest to canned gas we'll get!!! And has been for years! Canned Hydrogen maybe one day? Not gas!
ASX up to 4.4c at close , looking good! 2.286p equivalent. The 1.8p 3.5c shares only have influence for 19 days and the mystery continues where those 169M are going?
Not TLOU's finest hour imho - it should be clearer who is going to prosper from a significant price drop that we never seem to get? Timings on options are so unfortunate for us minnows it seems. That misfortune guarantee we cannot hedge against dilution like the chosen few can.
I don't know what prompted your post Olda but Sekaname wanted to get into bed with BPC lock, stock and barrel. 90Mw+ was going to be a lengthy commitment.
TG wanted a couple of Mw i.e. the minimum commitment , for the reasons you give.
How we ended up at 10Mw I don't know (and Seka at 6Mw) unless it is connected to the Pension Fund participation in the latest placings? Govt influence upon them is another question mark for me.
TG has plenty room to play around with the extra 15Mw the tx lines can take. And 10Mw is 40Mw less than the original 50Mw each expectations. Remember it was only 100Mw because Kalahari threatened to withdraw at the Request For Proposal stage unless they were awarded a substantial contract by BPC/Govt. I am still convinced that was to attract the funds they did not have! A carrot for the Donkeys of this world.
TG just wanted proof of concept at the lowest price commitment because he chose Botswana expected ever increasing prices across Southern Africa. And he was right - due to Putin and his desire to go down in history with Caligula and Hitler and the price of diesel.
Reading between the lines - it looks like Botswana is being reported as being stingy with domestic electricity suppliers? And as usual BPC is claimed to be poor at keeping the books straight?
I think this is understandable given the unreliable supplies they get from Moripule.
To make up the missing supplies they have to go outside and offer competitive rates to other countries (many of whom are short of power themselves). The ones that are dependable are presumably given priority when it comes to paying up?
I might be using the rose coloured specs I have had since reading that TG said he expected to receive payments in Australia of $10 to $12 in a competitve market - whereas Botswana were paying $30 back in mid 2010's!
He thought there was room to undercut $30 and improve on australian rates!!!
If that is true BPC will be happy to pay us for a dependable supply?
Itis up to us to do that imho! and do I think TG is capable of doing that?
I think you all know what I think on that! And what the sceptic will say!
Solar and natural gas power are our starter for 10Mw - hydrogen and additional power in time may make Botswana self sufficient and independent. Indeed we might end up exporting to South Africa instead of BPC buying from Eskom? Quite a turn round?
Omg I was right again! I always thought Orapa were just looking to convert their dual fuel generators from diesel to gas (CBM) so a pipeline was required!
My hope was that Orapa would spend some gold to install the pipeline to Mamba , leaving TLOU to get the gas to fill the pipe? Brilliant business for TLOU if Mamba follows Selemo on the dewatering front.
Yet again TG has been consistent throughout - my opinion was purely based on what he said years ago. And ,as you know, he is innocent until proved guilty in my tiny brain!
The Doc and Pension fund believe in him too from the evidence of the last few years.
Gee, reading between the filtered posts is quite simple, Reading the filtered ones is known to be hard to believe.
I was interested to see Winnis list of risks for AIMS investors and of course it is TRUE!
But what the sensible guys (and dolls) also know is more relevant!
Does anybody but Donks really think TG was oblivious to the risks?
Not only did he consider the risks were worth taking before he risked £28M of his own money in TLOUfor starters but he welcomed Africa and Botswana in preference to his native country where he had succeeded twice in making billions!
Was he foolish? His bank manager would laugh at anyone whi thinks he is?
No matter where he went in the world for project #3 - he'd have had the misfortune of Covid to contend with. The RPF was likely to have been more straightforward but that is not a certainty! He has kept our heads above water and water in a desert was possibly the last thing he expected in abundance? I believe paddling has turned into sitting on a lifeboat now! TLOU is the exception to the rule for AIMS companies. Some blue chips started on AIM and this is going to be another.
There is woman called Yasmin on Jeremy Kyle who is brilliant.
She is a witchand is telling the women of the world to clear out all their underwear when they change partners! Reminders of previous boyfriends must go to have a fresh start!
Storm Huntley said underwear is expensive! Yasmin said some women don't wear knickers so they don't cost anything. So funny!
Better than talking about the village idiot.
I steer clear of balance sheets since my days as director of my my own plc.
I generated the content and never understood my own figures by the time my accountant had turned them into accountant's speak!
The first thing I wanted to do was to buy my car from myself.
My bank manager said he could not advance the money to my company because it had no assets for security on the loan. Understood!
He said a personal loan to me was a formality.
He agreed to me repaying the loan from my plc bank account.
It went ahead - mission accomplished I thought.
Some time later, loan paid off, I part exchanged my car for a new car.
My accountant prepared my accounts, with me thinking my company owned my original car having paid off the loan for me.
But no - my company apparently owed me the part exchange value of the car???
I will never understand it, partly because I did not want to. If the tax man queried it, I wanted to be able to truthfully tell him I did not comprehend it and my accountant needed to explain it to him.
Accounts went through fine so I put my faith in my accountant thereafter.
Anyway, I have never challenged Donk's claims on what these convertible notes would mean in terms of dilution and his claim of 2Bn shares, Today I thought I would change that!
It was too complicated for me - just deciding whether a number is GBP, USD or AUD does my head in, always has! And then I see the Doc has a fixed price of 3.5 cents (AUD) - simples?
But elsewhere that price is up to 6 cents (USD or AUD?) or 10% below the prevailing weighted average of the sp and I am lost! Weighted averages I am fine with, we used them all the time at BP Finance. But what happens to the 3.5c? The documents are in unreadable columns which makes it even harder.
I know how stupid Donks is on the simplest facts, just this week, 20th April invented for a factual 30th April close , and how additional shares to an earlier placing from the pension fund was not a wonderful result for him?
I cannot think there ia a snowballs chance in hell that his arithmetic on convertible notes are remotely right?
Here is you chance to shine Donk! Explain the numbers in plain English for me showing the currency in question. You have never defended yourself on any issue in a decade so I do not expect a positive response here. The filter is back in place but if you succeed in this mission I think the gasps from other shareholders will tell me I need to unfilter your posts and I'll have some numbers to crunch (in all senses ofthe word) because they are 100% certain to be massively wrong imho.
It is April , and Donks is the April Fool, not for a day but all 366 - a giant leap for an ass.
I was asked to fund my credit card by my bank because I passed 90% of my credit limit!
The card does not have a sort code and account - just a 16 digit card number and I wasted hours trying to fund it! I was at the point of ringing them to sort it out when I found the option to increase the credit limit online. Took milliseconds to enter a new limit and it was done there and then! Sorted. Why didn't they suggest that to start with? PC is over the top nowadays. Years ago they'd write to tell you they had automatically raised the credit limit. An automatic house insurance from last year was unexpected. Luckily it was competitive so I got away without cancelling automatics which I usually do at the beginning.
Current spread for fixed quote on 6k shares - 2.16p and to buy 2.492p mid-point 2.326 tiny rise if is holds.
Funny how one minute Donks is always going on about the bottom line - and when I say my average is 2.2996p and we reach 2.3p or more - it becomes a source of derision for him. And he wonders why we don't take him seriously?
Constant drivel Bots (yeah I forgot to put the fiter back on last time) I onlt mention the 1m because they are in profit. I have 3 other accounts with shares on ASX and LSE but I haven't said how many they are or whether they are in profit or not! They cost and are worth a penny or two over £25k though chum! Those £300 or £500 monthly top ups for frequent trader discounts mount up - but 1+1 is still i2 so you'll never understand.
Why did the Doc not participate in the placing? Has that reason now disappeared? And cloth head why is the 20th relevant when it is the 30th that is the deadline. Do you ever get anything right?
For dummy sells and buys of 6k shares.
Bearing up quite well considering the 1.8p being asked for the 169M placing.
"Connection to Serowe substation achieved, Lesedi no longer isolated from primary Botswana electricity market" - does that not mean the substation is ready? Especially after the following bullet point ...
" Lesedi substation which will connect Tlou's power generators to the transmission line now approximately 38% complete" which was back on February 23rd?
As I said at the time, If Serowe is complete then resources will not be split between the two sites so progress could speed up with only Lesedi getting 100% of manpower and kit. Installing the generators at Lesedi is possibly more of a task than installing switching gear at Serowe - but that is what the 38% referred to I suppose.
I still think of buildings for a substation - but they are presumably just secure areas with high railings lie we see in the UK? But the generators will have some sort of protection? anybody know?
Always look on the bright side of life?
Jeez would you ever listen to yerself Cloooboy. You appear here from nowhere; profess to be Mr Tlou Expert, for no reason other than to have a pop at me.
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Spot the newby??????? It is difficult to think of him ever getting anything right!
He does not know his own name half the time so it hardly surprising!
1 + 1 = 0 in his mind for no reason that he can justify!
Using my brain - he may not be wrong! 1 zero + 1 zero = zero but 1 apple +1 apple is 2 apples