Member Info for BradSmith

So Colm receives almost 6m shares, and Gabaake 2.5m shares, both re-elected in their posts.
So they have the incentive to increase those 8m+ shares from 3p to much more - much better than a payrise which depletes our budget and raises the possibility of expensive placings on every front. I can't remember what else was on the agenda that Martin omitted completely in his statement.The nearest he gets to mentioning funding is it gives him pleasure (fun?) to announce precious little that we have not heard before.

Funding , the subject line , is becoming an oxymoron (carefully typed to avoid an accidental prefix of p). Funding is anything but fun!

If there is a hold-up on funding, I think we deserve to know what it is. The lack of news both on here and from TLOU is starting to p me off! When Whizzer's post does not p me off, it is not a good sign!

3 of them netting 0 movement.

Is nothing simple any more?

22-Nov-21 08:11:16 3.10 985,714 Unknown* 3.00 3.20 30.56k O
22-Nov-21 16:04:06 3.10 -500,000 Unknown* 3.00 3.20 -15.50k O
22-Nov-21 08:11:16 3.10 -485,714 Unknown* 3.00 3.20 -15.06k O

Found this example of how it might work.

"So how might this work in practice? Let’s look at an example. Jo, who does not qualify for means-tested help with care costs, moves into a residential care home, paying £35,400 a year. The maximum the local authority would pay is only £29,500. Moreover, from this amount, deemed daily living costs of £12,000 would be deducted. This means the care costs that will count towards the lifetime cap are just £17,500 a year (£29,500 - £12,000).

The remaining £17,900 (£35,400 - £17,500) is outside the cap. If the total cost of £35,400 were included, Jo would have reached the lifetime cap of £86,000 in less than three years. But with just £17,500 a year counting towards the cap, it instead takes nearly five years before the cap is reached and the state takes over paying any of Jo’s care costs."

https://theconversation.com/social-care-reform-lifetime-cap-on-costs-may-only-partially-protect-assets-167574

OMG, how complicated is that bill?
I heard a lady on TV say there is a cap onf £200 pw on "accomodation and food" costs - the masin two things that I associate with a care home?

Found these quotes since then.
"A cap of £86,000 is only a start when considering the total costs people will be expected to bear because it excludes the ‘hotel’ costs – such as accommodation and food,” he said.

“It could easily take perhaps three or four years and perhaps £200,000 to £400,000 of associated spending to reach the cap."

I thought it was ridiculous. But what do carehomes provide other than food and accomodation?
And what else does a hotel provide outside a red light area?

NOT universally accepted - bloody predictive text , I get nothing or get it twice!!!!

Oncemore, this opinion is universally accepted , so for what it is worth ....

1. The sooner take funding, the earlier we will have to start repaying them.
2. For a couple of years we have had a few million in the bank, (enough to continue for 34 months at the current expenditure levels at the time that was declared).
3. We will hopefully learn tomorrow of our plans to fully resume work at Lesedi plus news of the pole and wires contracts (for which our bank balance was raised).
4. If these are soon, then the need for funds becomes more urgent , and we are told the terms are agreed. We just need to hear how much is agreed, how much is required immediately, how much of a repayment holiday we will get , and at what interest rate.
5. I am not worried, I hope you agree.

If it is for a prescription Smallfry - I use Pharmacy2U - tick the medicines you want and within 5 working days they are delivered by the postman.

While I have your ear, did you not finf the rejection of Sekaname interesting?

The message is not absolutely clear but KE/Seka boast they are not into Solar so it must be CBM that was recinded!

The boast? Here it is from there own site.

"After 2019
The future

Kalahari Energy is the only company in Botswana dedicated entirely to commercialising the coal bed methane resources in the region. Our first prospecting activities started almost 20 years ago. Our vision to develop the CBM reserves for Botswana goes beyond power generation to include CNG (compressed natural gas) and LNG (liquid natural gas); as well as related energy derivatives to serve the transport, hospitality, agriculture, manufacturing industries and more. "

At £650pw that will last 132 weeks , at which point local authorities are liable for the rest of your life.

It is effing crazy!

Our rates are going to have to rise to care those home rates ibecause all the rich people will be living in luxury after they spend £86k!

Luxury care homes will cost much more than £650 pw so 132 weeks will halve!!!!

Rates will hit young families - so desperate families could be funding billionaires in care homes!

The House of Lords are perfect candidates to pass this double quick! Holidays in care homes while their mansions are renovated with savings from living costs!

Just noticed this, in the converted to text para ..

"This Request for Qualifications (RFQ) is being used to gather information for future possible tender by Botswana Power Corporation (BPC) for the development of 100MW (2X 50MW) sola plant (s). "

Clearly SOLAR !!!!! So maybe their lack of plans for solar jeopardised their claims for CBM?
No carbon offsets for them - but TG (luckily I suspect) had them fall into his lap (years later).

Has our luck changed?

Ouch! I searched all posters for "RFQ" and only found one!
So close!!!! But I'd have needed a PhD in Hindsight if the site I found had said Qualification rather than Quotation or price!!!

https://drive.google.com/file/d/1LND9j60gbyWX8OH23_4y83pE3cpaW645/view?usp=sharing

I think I have put Sekaname to bed! If they withdrew from CBM power then they are surely not credible for Orapa gas either?

Full marks to MM and me - we sussed Sekaname and KE were also rans from the very beiginning, and I do not need to apologise to Moagi for the weekend wind-ups while I was exasperated everybody was ignoring my pleas for help. I can see why now - none of us knew - we do now!

I think I might have unearthed what went down in Botswana regarding the 100MW tender!

Google revealed this little gem..picture converted to text.. not brilliantly formatted but gets the message across.... RFP undermined by a RFQ ?????
=================
"https://www.bpc.bw > services-site > tenders > Pages > request-for-qualification-relating-t
Request for qualification relating to the ... - BPC
This Request for Qualifications (RFQ) is being used to gather information for future possible tender by Botswana Power Corporation (BPC) for the development of 100MW (2X 50MW) sola plant (s). Through this RFQ, BPC intends to identify suitable Power Project developer(s) willing to participate as independent power producer(s).

==========================

Here is the preferred bidder notification from KE ... NOTE THE DATE!!!!
May 28, 2019
Kalahari Energy Botswana awarded preferred bidder status for the construction of a 97MW Coal Bed Methane (CBM) fuelled IPP-owned power station.
Kalahari Energy Botswana (www.keb.co.bw), through its wholly-owned subsidiary Sekaname (Pty) Ltd, has been notified by the Ministry of Mineral Resources, Green Technology and Energy Security that it has been awarded Preferred Bidder status for the construction of a CBM-fuelled, IPP-owned power plant in Botswana. This notification follows from the Group’s submission in October 2018 to tender “for the development of a maximum of 100 MW coal-bed methane fuelled power plants in Botswana as an Independent Power Producer”.

"https://www.bpc.bw > services-site > tenders > Pages > request-for-qualification-relating-t
Request for qualification relating to the ... - BPC
This Request for Qualifications (RFQ) is being used to gather information for future possible tender by Botswana Power Corporation (BPC) for the development of 100MW (2X 50MW) sola plant (s). Through this RFQ, BPC intends to identify suitable Power Project developer(s) willing to participate as independent power producer(s).

============
NOW THE RFQ ........ COMPARE THE DATE!!!!!!!!!!!

The detail?
"Reference 3602/19 Issue Date 8/1/2019 Closing Date 9/27/2019
Tender Information
??This Request for Qualifications (RFQ) is being used to gather information for future possible tender by Botswana Power Corporation (BPC) for the development of 100MW (2X 50MW) solar plant (s). Through this RFQ, BPC intends to identify suitable Power Project developer(s) willing to participate as independent power producer(s).

Therefore, BPC would like to engage companies or firms for the development, implementation and operation of 100 MW (2X50MW) Solar Power Plant(s). The plants will be located in Botswana, and the independent power producer(s) will sell its power to BPC through a Power Purchasing Agreement (PPA).

=================
Guess SEKANAME failed their RFQ test!!!!!!!!!!!! I deserve a rest I think.
That was difficult!

https://www.mmegi.bw/business/four-bidders-race-to-convert-orapa-power-station/news

Chairing the tender opening this week, PPADB board secretary, Masingoaneng Ramodimoosi, revealed the four bidders as Tlou Energy, Sekaname Pty Ltd, KS Energy and Ocean Ridge Pty Ltd.

TUTEN and KSE (Karoo Sustainable Energy) looked certain to be the only runner for Orapa from articles in 2012 and earlier!

KSE is a wholly owned subsidiary of Kalahari Energy (Botswana) Ltd, a 50-50 joint venture between Kalahari Energy BVI Ltd and TUTEN, reflecting a perfect combination of complementary experience?

Everything KE is involved in is mysterious? How does Seka figure in this? And TUTEN , tutsel , Tuma has failing links everywhere - everything KE stinks imho!!!

And Ocean Ridge (not to be confused with Comet Ridge where TG has an interest) seems to link to a holiday camp in Queensland more often than not?

Someuwin , a welcome visitor if Moagi/Donkey does not drive him away.

https://www.mmegi.bw/features/yes-but-wait-botswanas-approach-to-coal-cop26/news

Lefoko Moagi's deputy, Nchena Mothebe , looks good.

https://ustda.gov/ustda-supports-coalbed-methane-fueled-power-plant-in-botswana/

From the horses mouth - post-dating the Gazette (if the dates can be relied upon - one of my gripes about web reports).
I don't know what to make of this at all.

The above linked article looks totally naive - it reads as though the Yank has no idea of TLOU's presence? The first step? Two preferred bidders and he is unaware of the other one?

"“The United States is proud to support this feasibility study, which could be ?? the first step ?? toward energy independence for Botswana and the literal fuel for the country’s aspirations toward being a net exporter of electricity in the region,” said Craig Cloud, U.S. Ambassador to Botswana."

https://www.thegazette.news/news/panama-papers-links-gas-mining-firm-to-tax-havens/

I wonder if there is legal issue between USDTA and KE (there was a problem with them in Panama years ago) and Moagi understood it meant the total opposite along with several others who support that view.

It makes sense imho and I would not blame Moagi for seeing it that way.

If so, TG would definitely have stayed clear of the issue?

There are several articles that post date the Gazette which suggest the Gazette is wrong.

USDTA funding a feasibility study into $400m KE Cbm priject could I suppose be a post-mortem.

Especially significant if they handed out a grant and suspect fraud?

But that does not explain evidence from elsewhere that suggests they are still in the game.

I know I was in recovery for quite a while after the death of my wife and then the aneurism and having to learn how to walk, so Tlou took a back seat.

But why is nobody on here rejecting or agreeing the Gazette article?

Is everyone afraid of being proved wrong?

"BradSmith
Posted in: TLOU
Posts: 5,206
Price: 2.55
No Opinion

RE: Has this link been posted Thursday 14 Oct 2021 10:55
I don't remember people saying we are going for 100Mw ever!
I do recall MM and yours truly saying that they would end up with all 100MW because we doubted Sekaname was going to succeed any time soon!

I know my stance was that Sekaname's 90Mw+ offer would not be withdrawn, and that BG would increase the target to 200Mw , and would be delighted to get it all."

Remember this Moron? I'll leave it there!

Two obsession Donkey!

MM and me?
Daily sp and 3Mw versus 97MW?

2 out of 2 defeats? 3MW is the only game in town , and the two wingmen proved right on Seka!

Arrogant fool? One of us three? He is feverishly trying to find a retraction of that Gazetter article but ithere looks to be little hope of that - the article was very definite!

I wasted yesterday waiting to see if was common knowledge that somehow escaped me!
Like the 2MW PPA that Appiama eventually told me about,.

Why am I rubbing Moagi's nose in ..it? Posts like this!!!!

=================================================

donkey40 - 16 Mar 2021 - 16:36:47 - 9001 of 9103 CEO's third $Billion+ gas company in the making. - TLOU
The looney lads on LSE are incontinent with excitement over Tlou chances of success in award under the 100MW PPA negotiation in progress. And then with switching Orapa 90MW across from diesel to gas.
Great lads over on LSE; always second to everything !!

Where are you Moron?
https://drive.google.com/file/d/116peupZ5ndvoOHlpcH9qo7iCSouwIG-r/view?usp=sharing
https://drive.google.com/file/d/1mhEhLWy32Uv8n_lmSbaoIczrwuEeAiE-/view?usp=sharing
https://drive.google.com/file/d/1kCvpSeAmsA1iw7bwX0Gt1y5-_pnTxo_g/view?usp=sharing
https://drive.google.com/file/d/1ecytXVoYCCX07UBKmdbE8m-_xNGJb5Fx/view?usp=sharing

Those are just a few posts that you poo pooed, calling me a Saint Tony disciple.
Total carp , Tony has never criticised Seka and did not crow when he clearly defeated their feeble attempt to become Botswana's no. 1 CBM producer.

How that went under the radar amazed me yesterday! 24 hours later nobody has commented upon the Gazette link which explains everything!!!

TG is a gentleman and Sekaname's failure was their business, and it should not be a surprise Seka kept quiet! I wonder if they received their grant from the Yanks and how much it was worth?
Our experience of dewatering 2MW pods at Lesedi probably brought home how stiff their their task was to dewatering an area for 97MW?
But I reckon funding was impossible!
We struggled to get funding for 2MW how difficult was theirs?
Tlou came from successes at Arrow and Sunshine, what did Seka have to offer?
Donkey's 100% support!