Member Info for BradSmith

TLOU has been waiting for Trump's reign to end!

You could say they have been BIDEN their time :O) - everything comes to those who wait.
With a new president (hopefully) the stock market might improve , having a lunatic in post has only been good for anti-covid disinfectant injections, up from zero to zero. And TLOU will profit from that rise?
Off to buy a few more!

Joe does not need Pa if he wins Ar,Nv, Mi and Wi as seems likely. Pa would be the icing on the cake.
I've waited 4 years for this .... patience is the game.

Absolute humdinger of a US President race ..... odds have swung back and forth .... it looks as if the right guy is going to win and I resisted backing a penny in case it tempted fate!

Biden is now way odds on ..... recommended coverage is on CNN! Pennsylvania 600k votes down is still not a lost cause if Joe gets 75% of the 1.4M outstanding postal votes.
I wonder if CNN cover TLOU as well :O)

The opening 10 trades on ASX were all @ 6c after 8 minutes.
The closing 3 trades were all @ 6c with 4 mins left.

You'd think they'd all be in the same direction, all buys or all sells?
But the 3 trades are deemed to be buys, and the 10 trades as sells.

It's all in the spread - crunchy or smooth?

Opening spread 6c to 7.7c
Closing spread 5.9c to 6c

The closing sp should be 6c , what else , and thankfully on ASX it was.

Reading my last post again, it is undeniable that CBM can back up solar , and that is all it means!
It does not need to say the solar can only back up CBM if the is enough sun available!

I am comfortable CBM is the main priority. But if we add solar and it is more profitable than CBM, it isn't a disaster because CBM will be vital as a backup to solar at night and other times.

TLOU have made the point that our hybrid solution beats non-hybrids (sole CBM or sole solar) for security of supply - currently Botswana's problem with their dependence on erratic coal fired generation and expensive diesel, and the filth they produce.

The latest RNS supplied 3 paras which cause me total confusion.

===== para 1 ======
"The Lesedi project is the Company's most advanced project. Plans are in place to install solar photovoltaic (PV) panels and gas-fired electricity generators and connect to the power grid in Botswana. The project has full environmental approval which includes gas extraction, electricity generation and construction of transmission lines. In addition, the Company has approval for 20MW of solar generation. CBM power is ideal for use in conjunction with solar projects. A generation license has also been granted by the Botswana Energy Regulatory Authority (BERA). This licence has a 15-year term and is valid for both solar and gas-fired generation."

**** So 20Mw of each is licensed which is only 40% of 50Kw of solar. Which leaves us where?

==== paras 2 and 3 ===========

And then these two , which makes solar look to be our priority. Totally opposite to my belief.

"Initial development of the Lesedi project is planned to be up to 10MW of power. This is designed to be a hybrid of solar power and gas-fired power. Gas-fired power can provide back-up power when solar is not available. The location of the Central Processing Facility (generation site) at the Lesedi project is approximately 100 Km from the electricity grid. The Company is planning to construct a 100 Km transmission line and is in the process of securing funding to do so.



The proposed off-taker (purchaser) of the power generated by Tlou is the national energy utility, Botswana Power Corporation (BPC). The Company has agreed a Power Purchase Agreement (PPA) with BPC for the first 2MW of power. A submission has also been made to secure a PPA for up to 10MW. "

Both Eric and Mr Moagi had the President's ear and he was in accordance with them last I heard, but I cannot remember where I got it from. If it is still the case, pressure to make BPC more pro-active will be hard to resist?

Given Eric's promise (Eric was Mr Moagi's predecessor for newbies) that he would ramp up CBM sourced electricity amd make it the main source of Botswanan power IMMEDIATELY IFF Kalahari and/or? TLOU COULD PROVE THERE IS CBM IN ABUNDANCE , then the current minister's words are sweet music!

I get the feeling he is much more supportive of us than Eric Molale before today, and now, this
"He said he was happy with the progress at the site and the company had proven that there is gas in the country."

It is just a question of when , not if , CBM is going to succeed with the Govt about to join the scrum! For me, nothing has changed ..... it was always a question of time!

I'm getting a bit cheesed off with my link to the 6m 45s minister's summit greeting that is being regurgitated .... 3 times overnight?

"because IG will quote for 1" .... more hurry less speed , sun is out if I walk the dog now.

I'm wondering if they are dummy runs to check the actual sell price?
I often request one share because will quote for 1. You cannot actually sell at that price unless the price is over their minimum trade value (£60 at one time, might be £90 now) so in my case it never reaches the books!

Is it possible , that other brokers don't have a minimum, and these are trades that were intended to be dummies but were left on the books?
Alternatively, and more likely, are they dummy buys? The price rise (like today) and they are all filled?
Both ways they will almost certainly be partial fills , much to the annoyance of the trader if the rest of his trade isn't filled and he has to pay full commission on few shares, or double (or more) commission if he leaves it run into the next day or days.

I guess they might be residues from sensible trade sizes. e.g. Offer to buy 10,000 shares and only get 9,995 so 5 are carried forward if you don't cancel those 5, and complete on 9995.

It makes a bit of sense, but there are so many today it seems unlikely tbh.

What is going on with dozens of tiny trades?

Trying to get in for less than 2.95p at 5.2c but nothing doing at this time - no trades and spread is 5.2c - 7c , they value their shares (closed at 7c on Friday) a lot more than we do it seems.

Appi, I'm fairly sure that they have dual source generators at one of the existing power stations.
So theoretically they could switch to gas.
But they are inneficient on the other source, and unreliable, so whether the gas fuel would work in anyone's guess.

MM pointed out the geography of our sites was suited towards directing gas north to whichever one it was (Orapa I think) , and it did make sense at the time if the price is right.

How many startups have the options we have?
Piping gas to existing power stations.
Generating our own electricity supplies from gas for Botswana or SAPP.
Solar electricity to add when we can afford it.
And a CEO who done it before and made money both times.

DTE - thanks! Wilco.

Reading your post again, it makes no sense at all!
If you mean replace all diesel feeds with gas then where do we get the gas from??????

If we have the gas, there is no problem anyway!

You need to do some reading jammyg.

This project came about because diesel is expensive and dirty, and coal is dirty.
You're suggesting drinking urine to produce wine!

Saw an article on a vaccine.

A woman was suggesting that any new vaccine should first be tested on the government!
She argues that if it works, we'll be safe from coronavirus.
And if it fails, we'll be safe from Govt!

Winnie, filter him as I have - it is good for your nerves!
He is even pi55ing Donk off, post 8905 ends with
"Whizzer - tbh I am getting tired of your ‘being a baby’ tantrums."

Tried to post this earlier.....

Reading the RNS, I see there is talk of solar being installed at all 3 sites.
On Mamba and Boomslang instead of being described as gas and solar, as in Lesedi, it mentions solar and gas in reverse order. Reading about Lesedi, I was comfortable that the $10m was earmarked for gas and distribution lines alone.

Searching through the document for "solar" threw up several references including gas being used to back up solar power. I wish I had a De Lorien car to skip forward a few years, exciting times ahead!

One trade in Oz for 5.5c, they are still flying the Tlou flag high.

Repayments are deferred for 2 years from memory - is that true for most lenders?
It was one of the reasons I wondered if TLOU wanted to receive funding.
The later the deal is done the closer dewatering is to completing I hope.
Hopefully dewatering has an R factor less than 1 :O)

If our Chinese provider of solar panels gave us a similar break before we pay then I might change my mind on immediate solar planning.

Whizzer, with all the CEOs on the stock exchanges around the world, if your posts are on the usual theme or not , why are you not invested in a better one than TG? It must be an easy choice from your point of view!

If you have tried this and found the screen is zapped with offers of paid access, before you see anything, I may have the answer for BT users.
I connected using the hotspot access my hub provide to outsiders. I had to login but the link is much slower and there is time to hit "flight mode" or "ko" wifi , before they zap your screen.

Be warned, the link is less secure so don't use it all day. VPN interferes with access to many sites, though BT recommends its use.

Those pesky UT deals have vanished since they buoyed up the share price, and it dropped. Pastures new for the protagonists I guess.