Member Info for BradSmith

CBM has been on the go since 1970 is the USA, 1990 in Australia and later still in India and China.

Donkey fact:

Oh for goodness sake Brad - 'CBM is for the future for when dewatering succeeds'. There is no successful CBM basin in the world that has taken 3-5 years to dewater. Fact !

Donkey fiction: Covid had no effect on world trade during those years?

AI's view of pandemics..... fact or fiction ? Which of these did the countries above suffer from?

Definition of a Pandemic

A pandemic is an epidemic of an infectious disease that spreads across a large region, affecting a substantial portion of the population. It typically involves multiple continents or worldwide spread. Unlike endemic diseases, which have a stable number of cases, pandemics show a sudden increase in infections.

Historical Pandemics

Several notable pandemics have occurred throughout history, including:

Pandemic Name Time Period Estimated Deaths

The Black Death 14th Century Up to 50 million

Spanish Flu (H1N1) 1918-1920 50 million

COVID-19 2019-Present Over 7 million reported

Lockdowns during Covid were massive and they were definitely FACT , and "2019 -Present " means it ain't over yet for some folks.

But the most significant FACT is the gas flows that can produce electricity do not have generators at Lesedi and even if they did there is no means of getting it to the grid until the line is fully commissioned.

The funding for those generators and the completion of the tx circuit is now imminent (we hope). I will judge TLOU now not when there was little incentive and non-existent funds. But I'll be conscious that Solar energy is the priority until dewatering is completed. Kala need us to succeed for them to benefit from both energy sources. And CBM electricity will lessen the expense of batteries and the hastle associated with battery disposal that will plague the world imho.

Kala knew the score a year ago - I am sure they will have budgetted for CBM energy production costs. We'll soon find out if that is F or F.

Donkey when are you, and many others on here, going to realise that improving gas flows before they are needed is a fool's errand? Py's post has just changed that completely. We now have a destination for gas - not Serowe like most of you expect, but Kala's Data Centre. The urgency on getting the poles/wires/peripheral equipment will be needed one day. Either when Solar is working and there is spare energy for the grid OR dewatering is achieved and the expected gas flows materialise and produce more power than Kala require.

There is no news on the number and type of Kala units expected on site. I think initially they will be gas driven from #4 but clearly Solar will be feeding electrical energy to the Data centre. Will #6 be reserved for the PPA i.e. CBM powered electricity?

I'm hoping so - it will support my conviction that one generator was bought for TLOU to power on site facilities and testing of the TX lines etc.. to the grid. Imho this project is going to plan - Kala has achieved a catch-up of around 3 lost months in 6 or 7 weeks. We are now where they expected to be in October or November.

Funding of TLOU activities are a few months behind but I don't think we have long to wait to see what Kala and the Doc are prepared to offer this project. Doc looks likely to be ff the hook with ASX sooner than he feared.

Topped up over 200k shares - unbelievably got them at 0.9c having tried 0.8c unsuccessfully.

I have just bought another 10k shares because I am not working on the same critial path as the rest of you.

Just one year ago , Kala and Tlou got together to see if a partnership was viable. By the end of March it was signed and sealed.

We expected Kala to start earning in September , but the delivery of 2 generators was delayed until December. Then there was holidays for Xmas and New Year. To my way of thinking, they have had around 6 weeks to get the Data Centre off the ground. After 10 years of hope , 6 weeks is nothing in terms of waiting for news.

You all refer to CBM , imho that is for the future when dewatering succeeds and we are already a Solar and prototype CBM business. How long before Kala publish their prototype CBM earnings? And news that the first Solar panels are on the way?

March, April or May? Spread was 0.7c to 0.9c just now. I'd have bought more but Poppy's lipoma has turned cancerous and is the size of a tennis ball. They are going to remove it next Monday. It dangles outside her body so fingers crossed there should be no complications. She's 15 in June so they are not keen on anaesthesising her. So I am risking my money more on that operation than I am on Botswana imho.

I expected it to say the price is so low there is no point in selling them, but it was more positive than that,

Like me, they realise Doc is the key. He may be holding for the reason above , and is protecting his massive investment of many millions with a few more millions.

But he is a business man and those few more millions could be spent elsewhere. Surely he has weighed his position up daily for the last 6 months and decided TLOU are still worth his time, energy and investment. He has the bonus of knowing the front men at Kala who are ghosts to us. Like TG , Doc has history of success behind him. Until TLOU are earning he is working for free as our Chairman. That shows faith to me.

"Tlou Energy Shareholder Behavior

Current Shareholder Trends

Recent reports indicate that Tlou Energy shareholders are generally holding onto their shares. This behavior can be attributed to several factors:

Support from Major Shareholders: The largest shareholder, ILC Investments, has committed to providing near-term funding support. This backing reassures other investors about the company's financial stability.

Insider Ownership: Insiders own a significant portion of Tlou Energy, approximately 42.5%. This high level of insider ownership often signals confidence in the company's future, encouraging other shareholders to retain their investments.

Reasons for Holding Shares

Several reasons explain why shareholders might choose to keep their shares:

Long-Term Potential: Investors may believe in the long-term growth prospects of Tlou Energy, especially as it focuses on energy projects in Botswana and the southern African region.

Market Conditions: The company has faced challenges in the UK market, leading to a strategic decision to delist from AIM. This move may help reduce costs and regulatory burdens, potentially improving shareholder value in the long run.

Recent Financial Reassurances: Following a quarterly cash flow report, Tlou Energy has reassured investors about its financial position, which may have alleviated concerns and encouraged shareholders to hold onto their shares.

Overall, the combination of institutional support, insider confidence, and strategic decisions appears to be influencing Tlou Energy shareholders to maintain their positions in the company."

Current Status of the Woodsmith Project

Development Progress

The Woodsmith Project, located near Whitby in North Yorkshire, is not dead but is currently experiencing slowe

development. Anglo American, the project's owner, has announced spending cutbacks due to financial pressures. This has led to a reduction in the pace of work on the project, particularly on the 23-mile tunnel that connects the mine to its processing facility.

Employment and Future Plans

As of now, the project employs around 1,100 people. However, job losses are anticipated as work slows down. Despite these challenges, Anglo American continues to view the Woodsmith Project as a significant asset, with plans to seek partners for further development. The project is expected to produce polyhalite, a mineral used in fertilizers, for many years to come.

Financial Considerations

Anglo American has invested over £1.1 billion into the project since acquiring it in 2020. The company is focusing on critical studies and shaft sinking while looking for strategic partners to support the project's future. Full development will depend on meeting investment criteria and securing additional funding.

In summary, while the Woodsmith Project is facing challenges, it is not abandoned and continues to be a focus for Anglo American.

Anglo bought Sirius ages ago and that project has not surfaced in the news since.

If they'd financed Chris Fraser instead of taking our shareholders shares at around 5p (I think) we might all have been better off.

More money than sense at Anglo. Fraser double crossed us with false promises so maybe he fooled them too?

There appears to be a lot of thought behind all that talking. Don't knock it yet!

5.23 billion Botswana Pula (BWP) is approximately £291,000,000 GBP at the current exchange rate of about 0.0557 GBP per Pula.

Everything looks ruled in and not much ruled out. The Mamba to Orapa pipeline looks desirable to cut diesel costs except fossil fuels are back in fashion in Botswana a la Trump policy. Green energy looks less urgent for the next decade or so.

The speed of bringing coal fired energy online is incredible if true? 150MW in less than a year? 600MW by 2029? Mmamabula has some age though , I thought it was new. "Early in 2011 it was reported that JSW Energy of India would take over Mmamabula. This took place in 2012. JSW Energy is a subsidiary of the Jindal Group, chaired by Sajjan Jindal. Later there was speculation that the Chinese would be in the market for the asset. However, lack of high-capacity access to port facilities would be a drawback in exporting coal."

Data Centres get a mention so Botswana looks to be an open house for energy under the new president. The numbers dwarf the CBM proposals. But the room to grow looks immense and our Kala partnership looks likely to be an important feature from Data Centre plans. We are well positioned from both sides of the partnership to be very busy?

Just found a Word document contain the subjects posts from 2021 backwards.

At the time he was as enthusiastic as I am, and owned 3.5M shares.

8.7p down to 3p on the sp but he was still chirpy despite the cheap cheap price.

We could do with his humour nowadays! So entertaining!

Winni, no I don't know that at all. But like the rest of the story it makes total sense to me at least.

I cannot remember how much Covid interrupted the possible partnership , if at all. But I suspect that Hydrogen , Crypto and Covid all merged at one point - and of course, the pandemic won the fight over the next few years. Kala may have profitted from another Crypto's knowledge but the odds are , for me, that TG and Kala were acquainted before Covid, both suffered with the rest of the world, and the recovery for both companies looked as obvious to them as it does to me.

From looking at disused oil fields for methane flares to a purpose built gas producer with land, sun , wells nearing completion to trillions of cu ft over 4 decades was mouth-watering for Kala.

And interest free loans repaid by the other party's profits , enabling TG to sit back and relax with funding sorted , but his investment intact - why not????

And if he wants to come out of retirement, I am sure he'll be welcomed back with open arms (outside of Doncaster). Orapa and Hydrogen may be interesting to Kala but it is not an obvious connection at the start-up phase. Future customers , then they could be!!! TG might be better suited to both than AI!

So you're saying that a few months delay on the shipping for Kala has potentially dissuaded them from several years of planning this partnership? I think that is so unlikely if they were the crypto miners who first approached TG and pushed him ever since.

I have zero worries about this project!!

The partnership has built in contingency should dewatering delays last another year or more!

They simply brought forward plans for Solar energy and storage - the long term outcome unaltered except the gas will last the lost years of production and expire those years later in 3060's or 70's.

I don't need rose coloured specs - to me this project is clear as a bell or belle as Dnkey would have it.

We await the decision as to how much Solar we target before it plays second fiddle to CBM!!!!

Why is that important I hear you all say????

Well, tell Kala how many Data Centre units they need for each of these options ......

1. Gas powered generators plus advanced computers

2. Advanced computers requiring only TLOU electricity (Solar and/or CBM)

Not a small matter I'd hope you agree??? Kala have left TLOU doors open to how they energise the Data Centre.

It is a partnership made in heaven as looked obvious last March. TG can be proud of himself imho.

Two mutual companies who help the other company by helping themselves. It is almost magical and the cost of joining in is less than a half-pence.

Neither do I , but low scores seem best , like 3 day eventing , the score is a penalty?

However I took all the rounds , and you had a higher penalty than me.

Maybe they debit you when e.g. you have 4 letters in place and the 5th can be any of a choice of letters?

On one of the puzzles recently I had ?ROWN and I tried GROWN, BROWN and FROWN , the answer , but DROWN and CROWN was ruled out because I'd use C in my opening gambit OUNCE , followed by DIARY, DAIRY or DAISY, my second , to highlight the VOWELS plus Y for the sneaky ones like SLYLY with no vowels. I wonder if I had entered CROWN or DROWN which were impssible, whether they'd boost the penalty. But I don't bother with the score just whether I get all one, four or eight words!

On Wordle I use the hard version which makes you repeat letters in the same place for GREENS and anywhere for YELLOWS.

In that case the c from ounce would confirm CROWN as an answer so they punish any other answer? Or it might be time based ..... I wonder if that what the clocks are? 1 to 8 are within the time limit (never seen one defined) and a clock is outside but correct? Dunno. Sleeptime methinks.

Https://www.britannica.com/games/octordle/daily-sequence

Could not get started and was amazed I got the other 7/7 😮😮😮

Daily Sequence Octordle #1473

5️⃣6️⃣

7️⃣8️⃣

9️⃣🔟

🕚🕛

Score: 68

You started this tread Donkey .... will I be allowed to finish it? That will be interest free

Of course Gas, but CBM powered electricity for kettles , water coolers, central heating and air conditioning, bathrooms and other accommodation, like a bar and cafe/restaurant, vehicle parking, plus Solar energy and land to house all the Data Centre stuff. And for the expert advice about when all these things will be ready 😮😁

All that for the loss of interest on the capital they will be lending us. Could be many years if their profits are limited so the interest savings will be considerable time wise on a higher total than we'd owe a bank with higher repayments.

Not free but really good.

When I opened my limited company I had a positive bank balance with a major bank , yet they were charging me!

I went to my personal bank and asked what they would charge my company - and the reply was negative too!

BUT THE CASHIER SAID try the TSB next door!!!! The TSB had a treasury account for companies which attracted charges , a fixed monthly fee plus 93p per transaction! BUT they paid interest at 9% so I was charged less than £25 per month but was credited with over a ton in interest. Interest rates came down with the bank rate of course but I was always in credit on charges.

Does that not count as free money? Whatever, I think our partnership is a great mutual marriage. I am betting on it!

WTF are you talking about?

Qatar and Diamonds has nothing to do with Tlou or Kala unless they want a pipeline from Mamba to Orapa one day.

Who said BPC are holding up anything? They need to adopt the line when TLOU get the funding to complete it!

And , wait for this folks , he asserts "You have no basis to make such a claim." and "you are just making things up".

Where did I learn that BPC will reimburse TLOU for the cost of building the TX line when it is adopted and maintained by BPC - who are resposible for the grid??

I am going to find out where I got it from! You'll know who from my tone here - but he was somebody else at the time for sure! What a fool. He makes things up to cause an argument.

Could not find it and I realised he was replying to me! I looked for "adopt" under my posts amd got it in seconds!

Lucky for me because I'd never have his in LSE!!!

This is what I found

Bradsmith RE: PPA progress 17 Jun 2021 09:49 TB, several years back on ADVFN, Donkey claimed exactly that.The tx lines would be adopted by BPC and then the price of the power supplied would include compensation to TLOU for the costs of producing the TxLs. I had no reason to disbelieve him but as we know he rarely tells the whole story or a link to the source of his claim, where we'd get the whole story.As to the PPA's, I fail to see how either can be completed until estimated dates are possible. A PPA with "tba" against every date just seems meaningless to me! And time is money, so how do they agree on unknown prices?

Bots I think the economic states of the UAE financiers is more pertinent than the Botswana economy.

As long as BPC can afford to adopt the Tx lines! If not, I wonder how we'll get power into the grid? Will talk of joining SAPP arise again? BPC will repay the cost of connection through the unit price of their electricity cost so they'll be OK.

Once bitten twice shy - the partnership will be less likely to predict precise months for deliveries here on.

Kala are learning to walk before they run, imho, and Colm is not risking an upset by saying funding is too slow for his liking.

Once the data centre meets expectations and is earning a tiny bit of dosh, Kala will be reassured, I hope , and will be ready to build upon that start. Not least, their financial backers will see we are at the point they expected leading up to Xmas. We have no idea how Kala will be funded but it is absolutely certain that funding estimates for Kala's plans will make what TLOU need look insignificant! £10 million buys a junior professional in football nowadays, and AI plans globally dwarfs football surely?

Are we sure TLOU need to look for external funding beyond Doc's cpr loans? It depends how long the cash flows take - and I fully expect that to be asap! Plumping for Solar as the initial expansion will incure delays in getting the panels delivered and commissioned , and going for vigorous CBM improvements may be quicker or not. Is there enough funding for both? If not, I cannot see TLOU borrowing outside of the interest free route , which guarantees we can afford to repay without having to use Tlou's capital. That will grow by a third of our loan repayments and from PPA earnings (whether Solar and/or CBM power).

Roll on the Kala update.

You have a better short term memory than I have MFM so you can see the differences in the RNS immediately.

To me they all look the same but for the date. One of the RNS emphasises how short term Doc is going to fund us against ASX - like the threat is serious?

This one clearly states how supportive Doc is currently!!

This version persuades me he is willing to keep us safe until Kala catch up to where they expected to be by Xmas.

At that time we’ll be at ignition point , Kala will act as we were lead to believe they would and we’ll owe the Doc some of the money Kala would have provided.

My IQ has dropped below 150 to 136 last test I did. Higher than I expected because my brain has slowed down no end.

I don’t enjoy quizzes where there is a buzzer because it rings where I know the answer well but recall takes too long. My losing investments were AVN , HMV, SXX and USOP. I had too much trust in the ringleaders Welsh, Simon Fox , English and Irish.

Simon Fox at HMV were paying dividends above 16% and then he said profits were marginally down when they were catastrophic and they went bust!!! AVN were £7 a share , sent a satellite into space on Ariane rocket and instead of rising to £9 they halved in price because the Welshman sold a high number of shares and cast doubts on Avanti!

Chris Fraser was too ambitious and a liar, and the Irishman is still looking for oil in Nevada but is delisted on all platforms. I also trusted TG after those let downs and I still do. I am hoping Nathan Mitchell will take an interest if TG is struggling to advise TLOU. He is still invested afaik!!!

Those two were very dynamic before 2013. But Doc as chairman does not concern me - he is a faithful imho.

Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03049654-2A1649980&v=undefined

I think that confirms Dr. is doing all he can in the short term to ensure the partnership survives the honeymoon.

Once we achieve the status we hoped for in Sept/Oct with Kala , he can concentrate on Solar and Gas extraction full time.

For the moment this pledge derisks TLOU from ASX interference I hope.

"ILC, which is controlled by Dr Ian Campbell (Chairman of Tlou), has confirmed that it will continue to provide funding

support to the Company in the near term as required to enable the Company to meet its obligations as and when

they fall due.

Based on the committed near-term funding available from ILC, the Directors consider that the Company is solvent

and is able to pay its debts as and when they fall due."

TG did well to find Doc and Kala - mismanagement? Not a chance!