Member Info for BradSmith

Whizzer, we are paying TG's wages??????
75% cut , self imposed!, and how much of his lucre is in TLOU for such a paltry CEO wage?

The next news is going to be big.

Eitherr,
1. I have enough of cretinous shareholders and govts , I'm out
or
2. Deal agreed with Govt
3. Deal done with a bank and others
4. Deal agreed with Aliko

If it is 1 then many of you deserve it, and any one of the others will reflect on the very hard work he has put in to achieve the result.
I don't see much else is possible.
If it takes time , then sobeit, but he has placed us in limbo with the finances in good shape for however long that period is.

TG could tell us they have not dewatered #3 because IT HAS BEEN SHUT OFF!

Until it is reopened or dewatering is resumed with extra wells there is nothing much he can tell us about CBM production.
It is pure commonsense! But like mum in law once said, commonsense is not very common - definitely not on here. I really despair how liitle imaginationis displayed on this board. The Aussies are not allowed to invest on London exchange which probably explains partly why their price is higher. But it is a fair assumption that this is third time round with TG and they are still well in pocket from Arrow and Sunshine- so they're as relaxed about TG as I am.

Is it too delusional to wonder why Aliko picked Botswana out of 200 odd countries for his gas campaign?
Was this before or after he did some research (in the loosest sense).
And was that 'research' that has shut TLOU up for so long?
TG could be between an Angel and some very soft places, with a difficult decision over which ones to pursue andwhich , if any, to let down lightly, all imho!

Look at the fuss that 'tantalisingly close' has made - if we acted like adults about that we might have been given the odd titbit but how can anyone blame them for keeping quiet, whatever is going on!

Whingeing Poms are to blame!
Oz is remarkably holding up and without London exchange dragging down the price, I think we'd be over 8c now.
So many on ASX are holding despite being able to profit from switching to London!

Nothing has changed for TG to tell us. We are still dewatering on only one well instead of two, and until that is rectified there is nowhere to go.
We are financially stable doing that fror an indefinite period - i.e. nothing to worry about!
The Aussie's know that why don't the whingers?

In the meantime, Aliko has surfaced, so we have a possible option i.e. we are stronger now than in the pre-Covid situation! If, as is possible, there are talks between him and us, it explains the silence completely!
And that applies to other banks etc as well.

Carry on giving away your shares, you'll regret it one day.

Looks like a Bed and Isa (25mins between sell and buyof 10775 shares) plus one buy of 100k to restore the sp at 6.1c (3.45p)

Had some excitement over the weekend for a few minutes!
I still own US Oil and Gas , oil in Nevada , but not on any exchanges except here
https://www.assetmatch.com/app/OurCompanies/CompanyProfile?companyId=1472
I looked at my late missus's email which I use for cherrylady on Advfn and was hit with this....
https://drive.google.com/file/d/1kaiK8SI-xbtFcAxs41KHibEXZ5HSyDTX/view?usp=sharing

And the exciting bit was this, after lord knows how many years,
https://drive.google.com/file/d/1O3fU_Ut5HPe6l6G05UyPmEx1kEnt4V0_/view?usp=sharing

After a bit of research this was the outcome, I thought it was too good to be true!

09:57 Mon 07 Dec 2020
Investor deep dive

US Oil & Gas waiting to start new drilling in Nevada

U.S. Oil & Gas says latest Eblana well did not find commercial hydrocarbon

“We are extremely disappointed with the outcome of the Eblana-9 drill," said chief executive Brian McDonnell

"There is now far less capital available to support the sector while oil and gas extraction has fallen out of favour with many investors and national governments.

However, we remain confident that the trends highlighted in our energy transition report are still applicable and the early signs suggest they could even occur more quickly. This is partly due to ambitious climate change commitments made by many national governments, including China which has said it intends to become carbon neutral by 2060, a hugely significant development although there’s currently little detail on how this will be achieved."

Extracted from the ignored link
https://www.energyvoice.com/opinion/284011/covid-accelerating-energy-transition/
which might just make funding more difficult than you all expect in the short term?

https://www.facebook.com/messenger_media/?thread_id=100051738751894&attachment_id=465906074807664&message_id=mid.%24cAAAAAPlPmw58fzUNcl2Te_BlgcrF

Sad day for me, would have been my 49th wedding anniversary.

At least it was a buy in Oz.

What do you expect? You do your utmost to depress the sp in the UK whilst the price is rising in Oz!
It is obvious there will be retrace out there once you can sell ASX and buy AIM and end up with more shares.

TLOU seems to have so many investors who haven't a clue, it is sad!

I used up the £180 I had left over from my Bed and Isa and got a few at 3.371p , best price of the day. Surely nobody sells for less than their commission fee , so who can trade for zero?
Does look as though it might be dealers but what sort of message are they conveying?
Don't understand it at all.

Got my new glasses today, varifocals, so hoipefully my typos will be less common.
For long distance, it is a bit like using a telescope to find the sweet spot, but I can now see why my son insists HD TV is so much better than SD. My bi-focals did not make them look much different except for close-ups of football shirts when the name and number was definitely clearer. Was advised to get used to them for a week or two before using them for driving. Use of mirrors needs the telescopic effect to see what is going on behind, apparently.

Spread in Oz has dropped a bit - knew it would because that £180 was for my ASX Bed and Isa originally.

If you read this appraisal of CBM fubding (under oil and gas banner) and look to the future , you might disagree with me less.

https://www.energyvoice.com/opinion/284011/covid-accelerating-energy-transition/

Landing in Botswana may be possible, but taking off in Melbourne?
I have just done a dummy booking Melbourne to Gaborone.
Was offered one option 47hours 40 minutes going, 30h 35m coming back , price over $8k
Emirates and Air Botswana going, return with Airlink and Emirates via Dubai and Johannesburg.

And the Covid safety factor is 1/5 or 2/5 depending whether you take the Greener option or not 8% or 9% CO2 emissions for exactly the same flights????? $42 difference in price, and the only change is you have a mysterious gap of 15 minutes at Gabarone airport on the way home?

COVID-19 confidence

We couldn't find any flexibility or cancellation policies for this airline.

COVID-19 safety: Some operating airlines have taken specific measures on board their planes. Here's what you can expect on your journey.
Emirates Air Botswana
Face masks mandatory
Plane deep cleaned daily
Flight crew wearing PPE
Cleaning wipes provided
Changes to food service

YES to all on Emirates, NO to all on Air Botswana! 15 minutes more on board Air Botswana doubles your risk? I prefer my messiah to be Covid free Whizzer, and that ignores any risk whilst actually meeting indoors in Botswana itself.

Is there any chance that #4 will produce 160-200 on it's own?
If not, and, that is a near certainty, then we'll need either #3 functioning again to restore hope of 80-100 each , or #5 or new wellsto be added. If Botswana can introduce the vaccine before the new year next year could be an exciting period. Talk of a poles/wire contract , resumption of dewatering , a ppa and funding all to come.

There is a map which shows a green line going northish towards maybe Orapa but what that signifies is anybody's guess. I think it might be a helmetted GG sat in front of it, but why don't you just give the link to your photo? Saw another one focussing on Selemo but showing the vicinity too , but I cannot be bothered to spend much time on this.

What I have found is the history of TLOU posts is a small subset of the information available from individual's histories. And the individual ones are timed whilst the main screen is just the date after a while. MM has so many fish to fry he is probably on another stock doing what he does!
His type were on SXX , encouraging buys to raise the price for their sells! Some of them surfaced too late to avoid their torpedos!

I looked these up Whizzer from 20th January 2020
I sold at 10:15 and 10:17, bought a few Asiamet shares, and did not buy back into TLOU until next morning on both my accounts. Lost 21k shares on TLOU in return for 43k Asiamet which was not a disaster.

Whizzer
Posted in: TLOU
Posts: 589
Price: 4.75
No Opinion
Tlou20 Jan 2020 07:55
Brad you’ll be glad as I’m selling up after that rns, good luck to everyone who decides to see

MinorMiner Premium Member
Posted in: TLOU
Posts: 7,048
Price: 4.75
No Opinion
RE: Tlou20 Jan 2020 07:59
Whizzer - sorry to see you go.
Let us know what price you get, for the record.

Lines in that RNS that scared me ("DOWN" from 20Mscfd in particular)....
The Company previously announced initial gas flow rates of approximately 20 Mscfd (thousand standard cubic feet per day) from each of Lesedi 3 and Lesedi 4. The Company is aiming for a minimum sustained gas flow rate in the region of 80-100 Mscfd from each production pod.

Since the initial rate announcement, gas flow rates have continued to fluctuate both up and down with periodic short-term rates observed which have been much higher than those initially announced. The Company will not be in a position to announce an increased rate until such time that higher levels are sustained and confirmed by our advisors.

BradSmith
Posted in: TLOU
Posts: 3,890
Price: 4.10
No Opinion
RE: Tlou20 Jan 2020 10:11
Fully understand your position Whizzer , the RNS is exactly what you predicted and totally opposite to what I expected.
I wish you good luck and hope we get a share of that luck one of these days. USOP's chief was Irish and was not be trusted, I am running out of nationalities to believe in. How many stocks do I need to buy to find an honest one?

MinorMiner Premium Member
Posted in: TLOU
Posts: 7,048
Price: 3.95
Strong Buy
RE: ...20 Jan 2020 13:49
Brad - TLOU have said any number of times that flow exceeds the initially reported 20Mcfd and that today, when reporting under very tight ASX regulatory conditions, announced '...periodic short-term rates observed which have been much higher than those initially announced.'
There has no no change to commercial threshold in any company statement - zero, zip, nowhere, nothing, nada.

For God's sake shut up about tantalising close!

You once said you were out but we don't keep quoting you on it!
It was close but the Govt did not see their end through and TG could not do anything about that!
Colm apologised for jumping the gun , more than can be said of you!

That day you said you were out, acted as a catalyst for me to sell up when I misread the RNS.
Luckily DAMO or another poster said that the RNS was the same as before, too late for me because I sold one of my UK holdings already. I slept in that day and was half asleep - the only way I'd take notice of what you say!
Within 20 minutes I saw sense and bought back in and I think I made the tiniest gain in the number I bought back because others were selling up and dropping the price in that 20 minutes.

The Govt are messing us about , TG is open to alternatives , let him do his job and shut up!

You haven't said who you'd replace TG with yet!!!!! Snow White and the other six dwarfs, Dopey?

I can just imagine you back in 1944 Whizzer.

"Your days are numbered Churchill! 5 years of war and you're (your if written by you) not telling us anything about Top Secret plans to invade Europe".

When are you going to get it into your thick head that TG has several options
1. Stick it out with Botswana's govt however long it takes?
2. Maybe do a deal with Aliko
3. Get finance from elsewhere, but at what price?

All 3 or more, need head to head meetings imho - the scope for being misunderstood and jeopardising negotiations is too great in written form and there could be language problems over Skype etc if they are secure. I don't know about that.
We want the best possible deal for several decades to come, a vaccine is looking promising , any of the 3 options might be best so why publish what is being said if it risks one or more pulling out? Surely that is obvious?

ASX has risen slightly -a few seconds ago 6.2c to 6.5c was the spread.

Glad I new my fate on Euromillions, or I'd have been so disappointed!
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Registered tonight and bought one lucky dip for £2.50
Won 202,468.80 Iranian Rial with 2 nos and 1 lucky star!
I've found my forte at last :O) forty x 9p

Cat got your tongue Whizzer?
Fur fur lower than people in the UK were/are getting on furlough?
I'm not expecting an RNS until the rumour about Aliko is put to bed either way, and alternative alternatives to BPC/BDC are also asleep.

No point in ruffling feathers is there?

Peter Aliss died yesterday, I missed that and the snooker and the football results AND THE F1, until my brother in law sent me a FB photo of Hamilton looking at his mobile with the quip "this is how it looks when you view the lap times and realise your car does not need you".