Member Info for BradSmith

Why didn't I open the new ISA yesterday? They reduced the fixed rate overnight.

3.95% monthly compounds to 4.0222%, considerably less than 4.09481%.

I could have opened the new ISA and left it empty until my main ISA matures later this month.

14 days empty for non-ISA , 30 days for ISAs , before funding is mandatory.

Happy New Year everybody - 2026 could be a prosperous one for us all.

Compensation is made to each individual who has lost out subject to a maximum of £120k PER COMPANY!

Heaven forbid that severals banks go bust simultaneously and some people are with a number of them!

Worth investigating because it is per bank , not per bank account , so splitting my ISA in two ISA accounts , easy access and full ISA , was pointless within the same ISA company.

Just had a read on Moagi and can see why TG retired - he must be receiving the manure from 100 cattle and 1 bull , so he is busy spreading bs on his land. Millions of Pula but only $32k for the whole herd!

TG is not remotely connected to Chinese handouts , one of which was explained by a Botswana company buying the herd but the rules did not allow them to pay for cattle. So the chinese paid it for on their behalf and disguised what the money was for? Prince Andrew's advisor must have been working for them 😮😮. The total amount from china is estimated at $368k.

Moagi is no longer Minister as you'd expect.

TG would not paid for a PPA he never really wanted imho. But Seka might have once upon a time? BS galore!

Phoned my ISA provider and they will honour £120k. Their website needs to be updated with the new figure.

It is compulsory to tick that you agree which is a bit silly because I don't agree of course.

You're right Winni, in my case I end up next year with an extra £4.50 at year end.

I need to ring them because they are quoting £85k as the protected amount. And that was rising to £120k.

So if I tick acceptance at 85 and then it rises to 120 during 2026 will it remain at 85 or be adjusted?

It is in place already .....

Deposit protection limit increase - FSCS

18 Nov 2025 Deposit protection limit increase On 1 December 2025 the FSCS deposit protection rose to £120,000. This means that if you hold deposits or savings with a UK-authorised bank, building society or credit union and it goes out of business, FSCS can compensate you up to the new limit of £120,000 per eligible person, per authorised firm.

When the world was close to lockdown , and TLOU were unable to produce any good news towards supplying BPC with their 2 or 3 MW PPA , in fact they were reducing gas flow by closing #3 ............. Moagi miraculously conjured up a revised PPA of 10 MW.

Seka were adamant that they wanted a large PPA - I am sure , to encourage potential investors to support Seka with their firm order in place with the Govt. Moagi , imho, thought it would be favourable for TLOU to have a larger guaranteed PPA too?

He did not realise that TG wanted a small PPA because he did not want the price to be set at 2016 levels! TG was convinced the price of energy was going to increase with time , so he wanted PPA's to reflected the future prices per MW.

The price has escalated and continues to rise so TG was right. Moagi was trying to do us a favour when we were in the doldrums which was nice of him. Tlou seem to have accepted the 10 MW PPA but I wonder whether the price per unit is good enough or is it flexible? Time will tell. TG was ready to accept 50MW at one time so 10MW is still fairly small.

Moagi had few options to help TLOU - it was a gallant move from him given the circumstances.

Took the filter off Donkey to see what he made of ISA rates ..... it is back on again after a reasonable question that will no doubt be used to criticise TLOU or the Minister himself?

Sugar! Did this little calculation in my spreadsheet and AI calculation looks wrong.

Probably explained because they treat months as whole nubers per month!

So monthly looks better at my ISA provider!

(1+4.02% * 30.416 /365)^(Month)

Calc Month

1.003349927 1

1.006711075 2

1.010083483 3

1.013467189 4

1.01686223 5

1.020268643 6

1.023686468 7

1.027115743 8

1.030556505 9

1.034008794 10

1.037472647 11

1.040948105 12

Tiny bit better than 4.09% in fact.

For eagle-eyed mathematicians or programmers - the reply did not translate perfectly I see.

12 months is the to the power of 12 in their formula. like 2 is squared, 3 is cubed , etc to the power of 12 mayne has no descriptive name?

AI did not offer one.

The phrase "to the power of 12" refers to exponentiation, where a number (the base) is multiplied by itself 12 times. For example, 2 to the power of 12 (written as 2^12) equals 4096

That is my dilemma - and I cannot create a spreadsheet of any sense.

My ISA operates a little like a BP 360S account (which declares all months to be 30 days so a year is only 360 days).

They declare a year to be 365 days ok (or 366 maybe) and each month to be 30.416 days long.

It was taking too long to get my functions working - using values from month to month and then comparing the totals with the easy annual calculation!!!! I decided to ask AI which is best - and they did it more sensibly (if correct) and calculated the equivalent annual rate! Simple decision to make after that!!!

I expect some of you take fixed rate deals on your ISA and need to make a similar decision at maturity (usually 1 or 2 years) when you have to decide on the new fixed deal. This year mine has fallen from 4.31% to 4.09%.

( 4.02%/12 is .335% per month , I hope?)

Q. compare 0.335% compounded monthly with 4.09% annually

A. To compare 0.335% compounded monthly with 4.09% compounded annually, you can convert the monthly rate to an annual equivalent rate (AER). The AER for 0.335% compounded monthly is approximately 4.06%, which is slightly lower than the 4.09% annual rate. Thus, the 4.09% annual rate is more favorable for growth.

Comparison of Interest Rates

Interest Rate Overview

Interest Type Rate Compounding Frequency Effective Annual Rate (EAR)

Monthly Compounding 0.335% Monthly 4.05%

Annual Compounding 4.09% Annually 4.09%

Effective Annual Rate Calculation

Monthly Compounding (0.335%):

Formula: EAR=(1+nr​)n−1

Where r=0.00335 (0.335% as a decimal) and n=12 (months).

Calculation:

EAR=(1+120.00335​)12−1

EAR≈0.0405 or 4.05%

Annual Compounding (4.09%):

Since it compounds annually, the effective annual rate is simply 4.09%.

Summary

The monthly compounding rate of 0.335% results in an effective annual rate of approximately 4.05%.

The annual rate of 4.09% is slightly higher than the effective rate from the monthly compounding.

In conclusion, while both rates are close, the annual compounding rate of 4.09% offers a better return compared to the monthly compounded rate of 0.335%

Blimey - just seen the 4th Trst result - interesting to say the least?

Alan Bond sponsored the Australian boat to win the 1983 Americas cup. He also bought Channel 9 from Kerry Packer which was a heavy cricket channel under Packer.

So maybe I got my wires crossed or just associated Aussies with cricket by default?

From your posting times , I thought you might be an Aussie , Winni.

Poor Poppy was sick - that woke me - and her tummy was gurgling when she came back to my room. I was quite concerned about her when I last posted. Since then she has settled down well next to my bed good and no odd noises at all.

I wondered about that as well Winni.

I am not much interested in cricket so James Bond brother might go back to Donald Bradman’s days. Or perhaps he is a comic book hero like Roy of the Rover or Gorgeous Gus😜. Gus would kick the ball so hard that the goalkeeper would end up in orbit or the net if he saved a shot!!!

My bro used to have the Beano and I had the Hotspur when we were young!

An Australian cricketer who was one of their stars for many a year. A hot copper poster named himself after him , and I thought you might be him? Clearly not.

Interesting fact the other night. Tommy Blaize (sp?) is an excellent singer on Strictly and despute not being a household name , he has performed with an for many a superstar.

He modestly said he’d sung Happy Birthday to Nelson Mandela in person twice!!! On his 90th in London , and on his 95th in America. Both times alongside stars such as Bowie, Stones , Aretha Franklyn and many more!

He loves America because nobody recognises him there and he is not chased by autograph hunters etc..

Reminded me of Hot Chocolates’ Errol Brown whose own daughter came home from school and asked him if a girl at school was correct in saying Errol was once a famous singer?

Love that story!!! Modesty or what? Obviously no gold discs and photos around his house - he was just Dad!!!

Yes, dewatering coalbed methane (CBM) wells can be difficult because coal seams are often located far below the groundwater level, typically at depths greater than 2,000 feet, which makes it challenging to efficiently remove water and release gas for production. Additionally, conventional pumps may struggle with the low flow rates typical of these wells, requiring specialized pumping technologies.

Challenges of Dewatering CBM Wells

Depth and Water Levels

Dewatering coalbed methane (CBM) wells can be challenging due to the significant depths at which coal seams are located. These seams often lie more than 2,000 feet below the groundwater level. This depth makes it difficult for conventional pumps to operate effectively, especially at low flow rates typical of CBM wells.

Pumping Efficiency

Conventional centrifugal pumps and standard electric submersible pumps (ESPs) struggle with the low flow rates of around 250 barrels per day (B/D) or less. These pumps can become clogged due to their small flow passages, leading to inefficiencies and reduced operational life.

Specialized Pumping Solutions

To address these challenges, specialized pumping technologies like electric submersible progressive cavity pumps (ESPCP) have been developed. These pumps are designed to handle low flow rates efficiently and can operate effectively at significant depths. They also manage varying levels of gas and fluid flow, which are common in CBM dewatering applications.

Conclusion

Overall, while dewatering CBM wells presents several difficulties, advancements in pumping technology have improved the efficiency and effectiveness of the process.

It is hard to believe shareholders are not convinced by the partnership's good intentions at this stage,

Yet the share is stagnating at 1.7c? The only conceivable reason for that is doubt whether TLOU can fulfill their part of the partnership regarding CBM gas flows.

I have always maintained the view that raising gas flows before we can deliver them to Serowe was futile!

Then Kala changed the ball game last Spring and challenged TLOU to prove they could fuel the Kala generators satisfactorily.

Within a month , TLOU gained a valuable partner and first revenue is imminent from Kala in 2026.

Just as important, in my book, the link to Serowe and our new production generator just need to be commissioned, and then TLOU can throw themselves into gas flows!

If they continue to suffer from dewatering problems what has changed? Try funding from Kala , and this snippet from AI!

I asked AI about dewatering and they hit the nail on the head with this! IF, a big if , TLOU fail to improve flows (I am optimistic that they will since the Kala report last spring) then the new pumps look to be the answer and TLOU will surely switch pumps for new wells?

I'll put the AI snippet in a separate post because it maybe be too long.

Winni , are you an Alan Bond fan by any chance?

Kala Data is a cashed-up UAE tech outfit looking to branch out into the world of computing from its traditional, finance, geology and energy expertise.

A UAE cashed-up company? That is saying something

"Cashed-up" is an informal term, especially used in Australian English, meaning to have a lot of money available to spend or to be wealthy, often temporarily. It describes someone who is rich or has a high income at a particular time.

A Poundland customer vs a Harrod's customer? Harrods and UAE businesses perhaps, Poundland and Donnie bedsits?

I forgot about Pilot until I was reminded about it today.

This link is quite readable ......

https://www.businessnews.com.au/article/Data-centre-deal-to-fund-Pilot-carbon-capture-play-in-WA-s-Mid-West

Thanks TB , seasons greetings to you and everyone else.

Completion of the TX system will see TLOU with its first opportunity to make use of its gas ever.

TG attempted to do it during Covid lockdowns, quite an achievement in the circumstances, and he gets no credit for his free shot to nothing attempt. I am thinking of his giving Synergen Met full access to Lesedi gas when they professed to be able to procure Hydrogen from it. What a game changer that would have been , after Tlou were preparing for economic shutdowns for an indeterminate number of years with no income. i.e. How long would a Covid vaccine take???

Whether the Blue Hydrogen that SM achieved was enough to form a business was never stated because TLOU were insistent that we are a Green Energy producer and we even have a Court receipt for stating that too vociferously according to some idiot in Australia! TG never accepted responsibilty for the so called offence but it was cheaper to pay a token fine and get on with the business in hand. How he kept TLOU alive is amazing - the SM experiment cost very little and could have worked?

Kala looks too good to be true - but us not! Tlou and Kala were created for each other!

If Kala pursue the Solar route then Tlou has the acreage for a huge solar farm.

If they stick to CBM gas to an AI Data Centre then the land and the gas await!

If neither materialises in the near future then TLOU will continue with their original agenda using the paid for tx lines to deliver MWs of electricity to the Grid at Serowe? The cost which has been prohibitive is until now , is immaterial!

Interest free debt which is going to be repaid to Kala is scheduled to be withheld from our share os Kala profits , as and when they appear!!!! And the amazing thing is we have a partnership that allows both partners to fulfill their own plans with some financial costs but no crippling interest rates whatever the bank rate is!!!!

Kala ain't going bust before we are are connected to the Grid, from TB's post. 2026 is very much going to see what TLOU arre capable of. A clear road for TLOU up to 25 MW , and if the partnership needs higher gas flows , then expansion of Lesedi or introduction of Mamba or Boomslang , will be equally appealng to both partners. All interest free!!!

Stranger than fiction already , but will Kala see the sense in a Mamba to Orapa pipeline?

Another Data Centre near diamond mines with a gas pipeline might just be handy.

I don't have a clue if 140KM is a long distance for a Data Centre in terms of latency , but it brings Zimbabwe closer.

The future looks good to me.

Most Advanced Gas Company in Botswana

Tlou Energy

Overview: Tlou Energy is recognized as the most advanced gas company in Botswana. It focuses on developing coalbed methane (CBM) resources to provide clean and reliable energy.

Key Project: The Lesedi CBM Project is Tlou's flagship initiative, targeting significant gas production to address energy shortages in the region.

Government Support: The company benefits from a supportive government and lower operational costs compared to other countries.

Future Plans: Tlou aims to generate electricity from its gas production and has plans to expand its capacity, including a 10MW gas-to-power project that may grow to 25MW.

Other Notable Companies

Botala Energy: While not as advanced as Tlou, Botala Energy is also making strides in the gas sector by developing a liquefied natural gas (LNG) supply chain in partnership with NOVO Energy. This initiative aims to address the anticipated gas shortage in South Africa by utilizing Botswana's resources.

In summary, Tlou Energy stands out as the leader in Botswana's gas industry, with significant projects and government backing.

AI ALSO PRODUCED THIS WHICH PROMPTED THE ABOVE QUESTION. The size of our PPA possibly ruled us out here?

which ENERGY company in botswana is a good investment?

Top Energy Companies in Botswana

KPI Green Energy

Overview: Focuses on renewable energy projects.

Recent Developments: Signed a $4 billion MoU with the Botswana government for large-scale renewable energy generation, storage, and transmission.

Investment Potential: Aims to increase Botswana's renewable energy capacity to nearly 5 GW, supporting the country's net-zero goals by 2030.

Stock Performance: Recently saw a share price increase of 4% following the MoU announcement.

Botala Energy

Overview: A diversified energy company focusing on coal bed methane (CBM) and renewable energy.

Key Projects: The Serowe CBM Project aims to address the impending gas shortage in Southern Africa.

Investment Focus: Supports Botswana's energy independence and aims to create new industries and job opportunities.

Market Position: Positioned to meet growing domestic and regional energy demands.

I decided to seewhat mine would make of the question "Have you stopped beating your wife? Yes or No!"

Got this back .....

"Understanding Loaded Questions

A loaded question is one that contains an assumption that may not be true. The classic example is "Have you stopped beating your wife?" This question presupposes that the person being asked has beaten their wife in the past.

Why It's Problematic

Assumption of Guilt: The question implies guilt, regardless of the answer.

Limited Responses: Responding "yes" suggests the person has beaten their wife before, while "no" implies they are still doing so.

Pressure to Answer: The structure pressures the respondent to confirm an assumption they may disagree with.

How to Respond

A better approach is to challenge the assumption. For example, one could respond, "I have never beaten my wife." This response clarifies the situation without agreeing to the presupposition in the original question.

In summary, the question is unfair because it limits the respondent's ability to answer without implying something untrue."

It clearly looked at more than a simple YES or NO from the respondent, which could have been the result.

I'm impressed that the search assistant preprocessed the question.

"Will Tlou Energy in Botswana and partner Kala Data make money from AI?"

"Yes, Tlou Energy and its partner Kala Data are expected to generate revenue from their high-density computational facility, which will support energy-intensive applications like AI, machine learning, and blockchain services. This partnership diversifies Tlou's revenue streams beyond electricity generation, enhancing its commercial prospects."

"is London South East chatroom on Tlou Energy , Botswana, a positive?"

"The sentiment in the London South East chatroom regarding Tlou Energy appears to be mixed, with some users expressing optimism about future projects and government support in Botswana, while others are more cautious about the company's performance and share price. Overall, there are indications of hope for positive developments."

The negatives are on AI providers in general, seem to be about the cost of infrastructure and power.

Kala have mininimised that imho - TLOU have that under control - and Kala are looking about their host so they will succeed for the first 5 years. By then the share price will be healthy , I reckon! And if Kala do not stay the course for that term, I'm extremely hopeful that the original TLOU plan will have been achieved - CBM and Solar fulfilling our PPA's !!! What our liability on the interest free loans , if there is any outstanding , I dunno!!! But Kala or their administrators has that problem?

Hopefully 5 years will be achieved without a hitch , and both companies look OK to me.

I wonder if the search assistant has filtered posters 😁

For the life of me I cannot see how TLOU are to blame for Kala's order of 2 generators being delayed.

And the same mystery applies to how Selemo was dewatered so soon after TLOU control of it, yet Lesedi has taken years.

I don't know how much dewatering lead up to the TLOU takeover at Selemo - but I suspect was a several years.

And Lesedi was hindered by Covid lockdowns for certain! I do not blame them for dewatering delays either.

As for my investement history, I split my money 5 ways to spread the risk of any failures.

HMV, Sirius, Avanti , US Oil and Gas (Nevada) and TLOU are down to the last two. All I have in Nevada is a worthless share certificate because they are not on any exchange. That leaves TLOU and their Kala partnership which , for me , was heaven sent. I should have opened up my portfolio as the first 4 dropped out but I have never doubted TLOU and only buy TOU/TLOU. Where else can I buy for less than a penny , expectations of $25M or more per annum profits once the TX lines are at capacity (plus energy inflation since 2016 when it was $10M for 10 MW). And if 25MW takes longer than expected - the most obvious reason for that will be that the Data centre profits are outweighing those of the PPA. So CBM is going to the Data Centre expansions.

25MW will be surpassed eventually but Solar power may be the lion's share of the 25MW?

Beyond 25MW was always the plan for TLOU - but that is long term for me. Perhaps 2027 😮😮😮 depending how soon we embark on the next TX line? It took a couple of years for TX line 1 - without any income - a bigger budget should accelerate transmission line 2 if needs be.

It is a pleasure to be able to ignore the green slime and to address sensible concerns without any anger.

Kala has provided the blocks, the starting pistol, blank, and a starter.

TLOU are on their marks, and set. All we need is for Kala to give the starter the go ahead!

Funding and a completed Delivery system has held TLOU back - not only are Kala providing the funds for both but the icingon the cake is the interest on those funds is ZERO!!!!! What a nightmare for you all?