Member Info for BradSmith

Welcome back Thanatos, you inspired me look at hollings.
Pension fund, TG and Stephen Hemsley hold nbetween 18 and 19% between them and the latter owns 21M. So about 40% of the shares (214M) are owned by the other 17 entities?
i.e. all 17 would need to own over 12M each (none is more than 21M of course)

It occurs to me that Colm might be treating all nominee accounts under a broker as one entity?
A guess there a few more Stephen's around for lesser holding, plus we know, HL, IG and II.
Then , from here, Halifax, Jarvis, Barclays, and several others?

Then there is MM's mates who own countless millions according to him.

In summary, I think 60% of the shares are owned by many more than 20 people.
No offence to you intended, but I analyse things like this - I cannot help myself.
And you are the messenger, CC ought to open an LSE account and join us here. Chris Fraser at SXX did, and look where he ended up - perhaps CC should keep mum.

IG are giving a fixed price quote to buy as 2.477p currently (it is not fixed indefinitely) - it is getting more expensive to buy bck in - long may it last. Long live the holders who kept the faith.

The silent majority are quiet Whizzer because supporting TG is frowned on as delusional by the regular posters.

Those merry men have been stunned into silence and clearly don't know if they have misjudged TG - so being the cowards they are, they await confirmation of the recovery so they don't look stupid by saying it is going back to 1p!
And if itdoes drop they'll be back as hard men, putting the boot in whilst their victim is injured on the floor.
I'm a bit disappointed with the Aussies who have restored the 3.9c price ok , and that was from sells - very small volumes compared to LSE yesterday - and if the buyers had left their purchases until later we'd have been at 4c over there.
The stock markets on my portfolio are all recovering lost ground. Post dividend on CBA and HL CBA got down to $63 , a good price to buy , but my HL stock was losing too much to sell them and buy CBA.
Now HL is getting back towards my purchase price, and CBA has risen to $66 to make selling HL a false economy. So I'll stick with the HL dividend and forego the CBA one next time unless things change.

HL costs me stamp duty to buy them so switching too often peeves me - I can happily lose thousands of pounds but paying stamp duty, commission etc hurts me more for some reason! It must be my Scottish blood from my mother.
I am hoping the silent majority come out of their shells on here, so I am not a lone voice supporting TG through thick and thin. But they are thinking people I guess , can see the obvious and don't want arguments.

Whizz, you saw the Zak Mir broadcast I assume? He is no TG but I'm hoping he is right this time. Time will tell.

that there was a horde of deluded investors out there who never post in chatrooms.
This has been a sleeping giant , held back by the doom and gloom brigade who do post!

Even last night some idiot on ASX was trying to buy at 3.3c and , maybe, dragged 3.9c down to 3.6c for a seller! With a fistful of trades per day that has a huge impact on the sp!

I was going to buy the 10000 @ 3.6c to get them off the map but was £40 short of the cost! Fast deposits are a minimum of £250 on IG, so I left it! That was 1.995p - looks a very good price now?

Today's panic buying are those people who believed this could go to 0p in 12 months - they of little faith!

Just looked at the posts because there is isn't a crossword on a Sunday, and see I mentioned 8p within 2 years, that should have been 8c of course, or 4.4p - it explains why so many don't have my belief in TG. I guess I am filtered by a good few and they are quiet because they expected to buy back at 1.2p or something :O)

So many form opinions on a day to day basis and not on what TG tells up over the years. Really simple.

North of 11p by a margin (not but).
In answer to a400 odd - I forgot to publish my opinion.

I was expecting some chartists to post today? Zak reckons we have broken through the 1.75p resistance level and by end of next month could be up to 3.5p

Not sure whether he meant end of Oct or end of November, but it is good to see an unbiased view like his either way.

I'm not expecting spikes once TLOU takes off for a good reason, I think we have good reason for it not to have fallen so far in the first place, so for a perfect reason perhaps.
The sp should be closer to the pension fund price of 11p , less a tiny dilution after the 'offer'.
That offer , of course , to a deluded person like me , could be seen as a guarantee of 8p within 2 years , despite TLOU knowing most of the real and potential problems!
If TG thought for a minute that we were never going to get to production of electricity, I cannot believe he would be pushing hard to create 100km of poles and wires across the country to leave a useless eye-sore called Tony's Folly.

Once enough of us believe this happening, I see a steady rise to a sensible price from which there will could be peaks, but that will be north of 11p but a margin I think.
If I am right, selling up to buy back in at a safer time could prove costly. And tbh, I hope it is!

Thanks Thornback. Nice find and hopping around gives an instant response.
Nothing in that interview has changed my mind - looking for a backer who'll be there for the long term, i.e. expansion after expansion for maybe decades, makes perfect sense.
We are experiencing how long new financiers take to sign up, we don't want repeats every time we open new wells, generators and transmission lines.
And if he wants a very long term partner, he does not not want shareholders to be paying over the odds for ever more!

He also wants a local company to be responsible for installing the power lines because it minimises delays on the workforce due to covid.
A couple of dozen applicants sounds amazing, there will be a few con artists amongst them , so I hope GG will be up to spotting them if the other board members cannot meet them.

Site visits from the other possible backers will also be down to GG I guess.
That is why I am in no hurry to see us committing ourselves quite yet.

BDC is the obvious partner - they will be as keen to see expansions as we are!
Phase 1 is piddly, I reckon TG could finance it out of his own pocket, £3M to £5m , but he is a forward thinker and wants to establish TLOU on a firm basis from the off, that seems clear to me!

So he can sell up at a decent profit? Maybe, but who knows. If he does BTS will be sorted with the rest of us!

Trades looking good, 2 on LSE, 3 on ASX (still open) and all are buys.
They might be acorns, but one day they'll be oak trees.

Before corona they were trying for gas flows to supply 10Mw. Then they applied for a PPA for 2Mw which was very feasible in a much shorter period. Corona put an end to that for an indefinite period , and it is still indefinite!

I think TG said Covid had not stopped TLOU completely and they were continuing to function. In the real world not 100% of 100% , but a decent percentage on preparing the way for the transmission lines, closing #3 temporarily, maintaining dewatering at #4 at reduced costs etc etc.

Maybe 60% of 40%? better than 0% of 100%! Whether they will resume dewatering on #3 and #4 , or #4 and new wells (including #5) is still in the melting pot. But that is for the 10Mw level I believe. On the way we will be enough gas for 2Mw - as soon as the dewatering starts to recede imho. Lord knows what is happening between the Govt and BPC on the PPA but Mr Moagi as very keen to raise a PPA for 2Mw and I hope he is still of that mind. There is little reason to think otherwise. When I get time I'll look up what TG actually said - he definitely did not say were are fully operational, only MM claimed that! A lunatic might believe we are - I don't and that is neither stupid or delusional imsdo :O)

I wonder how many workers in the UK , and on this board , are achieving their targets from home and in the office? Not many I reckon. Now why is that? Is TG immune to that reason?

When everybody who is still in a job gets back to pre-covid levels, I might take notice of your whingeing Whizz. Until then I am in the real world.

Tony is very consistent imho.
What with Donk and Whizzer across the two chat forums, he really must feel like chucking it all in publicly and do it as a private company. Avanti have done just that and the sp has not moved since they resigned from the stock exchange and joined JP Jenkins long ago.

I wish a few of you would show some support for TG, rather than calling me delusonal for believing in the man. Surely the silent majority here and on Advfn includes people who can see TG is 100%? Are all of you too scared to show it in case your are branded delusional here, or "not delusional" but "stupid" by the residential liar on ADVFN?

28 Sep '20 - 09:39 - 8818 of 8818
16th April 2020 Operational report

Increased sustained gas flow rates are anticipated to take some considerable time, based on the currently available data, unless additional wells are drilled to facilitate the dewatering process. A decision to drill additional wells is being considered but no decision has yet been made.

15th June 2020 Entitlement Offer to raise up to A$3.0 million

The Company is in advanced discussions with development funding institutions interested in providing debt and/or equity capital to fund the next stage of the Lesedi project. This work includes but is not limited to, drilling of additional wells, installation of generation assets, purchase of capital equipment, and installation of associated infrastructure to develop up to 10MW of power.

Sept 2020 Post 8814
But we were not told that probably more wells would be required to assist with the dewatering process prior to the last fund raise.

Disingenuous yet again ...!!! I guess they feel they no longer have even a moral responsibility towards shareholders ....

It’s amazing they still peddle and preach the “compelling opportunity” the company has in Bots... Over 10 years now

Today

You must be a failed statistician Donk but great at the rest - "Lies, damned lies, and statistics" is a phrase describing the persuasive power of numbers, particularly the use of statistics to bolster weak arguments. It is also sometimes colloquially used to doubt statistics used to prove an opponent's point."

How I wish TG would sue you for defamation!

Pity LSE uses a different method to establish sp - my tiny trade did indeed raise ASX/TOU to 3.7c

I needed to do 3 transactions today to keep my frequent trader costs at £3 for next month when I should have some dividends to spend.
My third transaction was buying on ASX to hopefully push the price to 3.7c (really strange, IG allowed £70+ equivalent on ASX, but refuse any trade under £90 on LSE, unless it closing down a stock which is worth less than £90 of course). 3.7c is 2.044p so very public spirited of me?

I'd rather give an Aussie a good price than let give away shares on LSE at stupid prices. My dividends will be used on LSE to take shares off the likes of Magnet for a song @ £3 my ASX trades were £5.52 equivalent of $10 aud, better than IG standard uk price of £8 each trade.

I have been expecting the price to go into the £17 and £18 ranges and hoped maybe higher.
Was surprised at the recent fall until I checked the ex-div date today and saw it was yesterday.
Making money at this game is becoming so difficult.

I haven't changed my mind on whether we'd want funding immediately or later, when we can actually put the money to good use. And the repayments are to start 2 years after taking the cash afaik! You underestimate TG if you think he will commit us to repaying a loan with nothing to repay it with! I think that is as obvious as the unexpected water that delayed achieving the expected flow rates - I have changed my mind on very little!

I did concede that the repayment theory might be wrong, and the dilemma being faced at BPC could be the reason. Could be both of course.

Blimey, all I am saying is we need a successful PPA!
TG could get one from any one of us and it would not be worth a bean!

Who is guaranteeing BPC will continue despite having no leaders or any reserves?
I am not delusional in thinking they will not be able to continue. BPC do prefer to do business with South African concerns rather than domestic companies, now why is that? I don't think "Findme" is far from the reason!

Do we really want a PPA today with a company that could fold tomorrow?
That would be a disaster, and we need the Govt to decide to shore up BPC or axe it.

To be embarking on the poles and wires shows TLOU have faith in getting a PPA in the future, but it needs the GOVT to decide whether BPC is suitable or not. All imho of course.

TG is doing the bit that is outside that decision - we'll need poles and wires irrespective of who controls them after they are complete.
And someone will control them because the whole region needs power, that won't disappear even in BPC in its current form does!

Cheers Whizz, whatever that says, I think it is covered by my quotes below.
It is possible that they get no response to the request for applicants so the time-scale is clearly not set in concrete anyway.
I take comfort from them doing all that they can imho, and it will all come out in the wash.
So if anybody lives in East Anglia, please keep an eye out for news :O)