Member Info for BradSmith

Happy days , my IG TOU account is in the black , though not enough to cover the red from TLOU and SXX on the FTSE.
If the FTSE matches the 9.8c (5.127p) , it will still be below my 5.2p average on TLOU.

My credit card transactions are working well. I get 0.5% cashback (no monthly fee) from my deposit to IG from my card company, who don't want repaying for over 2 months to 3 months! I asked them for a higher credit limit when I was trading motorbikes but they won't consider requests. I have been paying off the card early to give myself the ability to deposit more into IG. Hopefully their 6 month review will increase my credit limit from a paltry amount. I won't name the card though it is a bicycle made for two.

https://www.proactiveinvestors.co.uk/companies/amp/news/907988

Posted Wednesday 11:57 - the full interview

https://www.iea-coal.org/tlou-energy-announces-good-progress-at-lesedi-cbm-project-in-botswana/

My understanding was that 5 vertical drills were to be constructed and investigated.
From my link above, 3 of them were selected for advancement to production wells i.e. lateral wells were added to their respective vertical well on each.

They have clearly kept lesedi #5 in reserve , which, imho , votes for #3 and #4 being successful, preferring to look at Mamba which has no royalties to pay if productive.
3% to 12% is due on Lesedi to Kalahari/Sekaname depending on whether we sell gas or gas powered electricity from Lesdi wells. We are committed to the latter afaik.

I trust none of you think I consider myself to be an expert on either CBM or Botswana. I merely study the readily available news and ask myself if it makes sense. Imho, it does.

I have defended myself on ADVFN after being called stupid and worse. That has been described as arrogance !
I apologise if posts like this come across as arrogant, it is not intended. I merely want opinions on TLOU to be fair , so I research any claims contrary to my beliefs in order that we are as well informed as is possible.

I once explained to an ex-Eton / Oxbridge work colleague how a program I'd written for him worked.
I'll never forget his response.

"Thank you for that, I am now better informed but none the wiser" :O)

Brilliant!

http://www.gov.bw/en/Ministries--Authorities/Ministries/Ministry-of-Minerals-Energy-and-Water-Resources-MMWER/News-and-Press-Releases/Coal-Coal-Bed-Methane-and-Power-Regulation-Workshop-Gaborone-05-February-2009/

007 killed 009?

http://www.gov.bw/en/Ministries--Authorities/Ministries/Ministry-of-Minerals-Energy-and-Water-Resources-MMWER/News-and-Press-Releases/Coal-Coal-Bed-Methane-and-Power-Regulation-Workshop-Gaborone-05-February-2

Phew! Their problem hopefully. I was logging in with my browser so might have caused it.
I registered another account which only failed at email verify. No other proof needed which is why so many of their posters are unsavoury? I'm back in business.

I am getting the following error from ADVFN access.
Is everybody getting the same or is it peculiar to me.
" Input from your browser either from a form or cookie has caused an internal conflict that cannot be resolved gracefully" could be very relevany aybe?

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You have to be careful though, NE.
According the other site, unless you know someone personally, you cannot know anything about them?????
So David and Victoria Beckam , the Queen and Prince Phillip , and countless couples may not be be couples at all?? And do they even exists?? And googling the internet is not allowed in his book - which explains his ignorance. I really don't wonder if Einstein ever read a book - the google of his day? It is great the proponent of this nonsense calls me stupid - I'd seriously worry if he thought I was as bright as himself. I feel like Herbert Lom (Chief Inspector Dreyfus) in the Pink Panther, Donk is my Clouseau without the humour. I'll have to filter him before I shoot off a thumb.

I helped get ASX/TOU up to 9.2c last night. My break even is less than 9.7c now and my losses less severe.
My search engine is still being tested (that's why I see Donk's messages - ADVFN is full of him) after a collosal screw up on my part.
Visual studio is dangerous!
I had three copies of one subroutine, an old one which worked (synchronising the web pages) but without new features, the new features version which looped on some options, and a working versversion built from the two!

My mistake was not removing the HANDLES from the 2 reference versions, named OLDListbox1, and NewListbox1, whilst LISTBOX1 was the one I thought I was working on.

At the top of the screen you have two columns, one for the object i.e. Listbox1 , and another for the interrupt address (load,close,etc). Because all three handles referred to Listbox1 I was directed to any one of the three I think.
Once the error was apparent, I tried ctrl/z and ctrl/y but eventually you get a message to either accept or abort the changes or lose amendments. Autosave is running and from there it is pot luck!

If you have worked with Excel,you'll know how confusing the recovery process is - this is far more obscure - I'm rewriting it to a different design so the routines are generic and thee isn't bespoke code for each type of search. Shame I did not plan that approach from the start.

I'm putting off returning to the spaghetti - sorry - I hope somebody got something from that.
Basically have inique handles in your code! And none on obsolete routines?

Grizzly, I think Colm spelled it out as much as he was permitted to.
Imo, Lesedi 4 is , as you hint, has achieved commercial flows already.
Lesedi 3 may be lagging a little below.
Both are expected to reach gas saturation once the water has drained enough.
I don't think it needs to pack up completely, just reach the point where gas saturation is reached.

#3 and #4 have to be balanced from Colm's description, and it sounds like they meet the vertical well at different depths which complicates matters. So we need a balancing act and slightly improved gas flows if I'm right. January and February are the wettest months , so let's hope there are not winterbornes to flood the coal. That said, perhaps coal fines will be washed out of the channels if there is.
I reckon #3 and #4 were selected with that in mind?

I've bought at 9.2c tonight which looks good value at 4.86p equivalent.

Just listened again and Colm ballsed it up in the first paragraph, no harm done because most on LSE will know he meant "sell that electricity into the grid" (not gas , a slip of the tongue).
His description of dewatering and balancing gas flows from wells at different heights all made perfect sense. It seems too obvious that a pressure valve into the vertical well would balance them (set them to the lower pressure from the two,) but there are surely reasons why not. Maybe holding up the gas flow from a well would ciase a leak through a path of lesser resistance - causing all sorts of problems?
Better watch the Liverpool game , but it is very poor match for them. The crowd is so quiet after the Valencia crowd. Who'd have thought it? Too much success already this season perhaps?

What does that tell you about flow rates? Anything? Think about it!
In a nutshell Colm said he wouldn't announce rates until the engineers verify them as sustainable (Eric Molale asked for sustainable) , and the directors know the content of these boards for certain.

Colm used to talk about gas power until someone on here pointed out it was misinterpretted as being selling gas.
Ever since, and in today's interview, they have carefully made it clear we will sell electricity generated fron gas power. There are other things they reacted to as well. This board is in the real world and they are looking after us imho

Just been offered shares at 4.91p so Colm has earned his corn today.
The prompts from Andrew Scott were the usual very high standard, and he was asking the questions to which we wanted answers.
I'm wondering how big the bores are, and how big the collection points for gas and water?
I had not thought about two wells neutralising each other but a much higher pressure in one well will clearly undermine the release of water and gas from the other if unregulated.

Thought Colm did well. It sounds like Mr. Moagi is already being supportive and the financing talks are going well. You must be feeling happier BTS?

parislse doesn't say much (is it a bot?) but posts from him/her/it are worth all the gas in botswana.

If you are a person , thank you.

Blooming PDF file - pages 12 and 13 refer to period from vertical drill (March 2019) to production (end of 2020) ...... we are not them in disguise are we :O)

Tony and Ron are almost certainly well acquainted but did one follow t'other or did they choose Botswana jointly? I know Tony researched the planet before deciding upon Botswana.

https://www.capconferences.com/files/2019/06/Tuesday-11th-June-1400hrs-Tim-Hoops-Strata-X-Presentation-Bots-Conf-FINAL-Live.pdf

Last night I chased my tail for a few hours trying to find the current state of Strata-X Energy (which is not to be confused with many other Strata-X names - I ended up looking at Oriole thinking they'd taken over!, nightmare!).
I found a planner for them which showed commercial flows expected in 2020 but can I get back to it? There are some remarks in this link which back up our hopes for Botswana and some bits on gas flows .... I'll keep looking for their planner or whatever they called it.

http://strata-x.com/serowe.html

Bags of wind Olda! Ready made to be booted into touch because they really are totally out of touch. Mamba is presumably drilling vertical wells and they think the lateral drills will be staying at Lesedi???? And they think I am stupid?? You cannot make it up!

I bought into TLOU after reading (amongst other things) that TG had invested $28M OF HIS OWN MONEY IN THE COMPANY.
I really don't believe his salary is an issue atall.
Like us pay-day comes for him once he succeeds.

Boo, I tried to boost the AIM price as well by offering 4.7p (IG show 1 share for 4.6p).
Used X-O for the first time since opening my IG account and they offered to buy at 'best price'.
Could hardly reject 4.55 to pay more, so I have boosted the AIM price by a paltry 0.05p - Tesco's slogan is hopefully right?

X-O often beat the asking price for me , I think IG pay exactly what I offer (on paper). I wonder if they pocket the difference whilst X-O pass the savings on, as TDW did , bless them.

I think I have sticky r's ?

Donk is one again , alas!
He correctly points out that the Mamba drill is for vertical drilling!
Lesedi need hoizontal drilling.
He says I am dopey for believing the move to Mamba is a good sign!

It is unless he thinks they'll employ moles to drill horizontally at Mamba, or do it by hand.

Lesedi 3 and 4 are in use , not 57 and 58 , like some CBM companies. Mamba will need lateral thinking soon, Donk needs it now!