Member Info for BradSmith

I am using ADVFN to monitor ASX/TOU sales and strayed into their chatroom!
Grief, this board looks genteel compared to them, they make Peaky Blinders look like Noddy and Big Ears.

Left my bid on the table and it was filled at 5:12am 9.6c but shows on Advfn as a sale.
So was the half a million shares a buy as well?
Need some money for my motorbike later this wekk, I think I'll rest my case and leave it to the wind to set TOU's course.
There really is no way that ASX is going to wake up to TOU until the gas flows are published and are favourable.

At least CBA seem to settling near 83.5 which was my target price.

Wow, just looked at CBA trading ... multiple deals every second (literally), I counted 12 in one second but they scrolled so fast they were difficult to count. Dividend hunters!
I am out now but at least I have my $2+ dividend in the bag with no rat race to get out after ex-divi day.

Ouch 83.60 now .... I underestimated the price by Aug 7th or near - the ceiling could be challenging the $90 mark.

Still only those 2 trades, but a dummy run suggests 9.6c might be taken immediately.
My average is 9.7c and I have changed my mind and taken 83.41 for CBA (now 83.48 of course) and have an offer at 9.6c on the books.
Despite them indicating it could be fulfilled immediately - it hasn't .

Both @9.4c (spread is 9.4c and 10c) - one was almost half a million shares.
CBA $83.5 - need a core holding on them, so will leave them for the dividend to see what happenns on IG.
Expecting AUD credit, whilst my broker who holds my first certificates or CBA converts the dividend to GBP andtransfers it my current account. Think I'll have an early night and let my portfolio run.
IG show a loss of over £400 against my portfolio valuation (which exceeds my deposits by even more than £400) so I am happily in profit with them.

Chris, to finish the story, now I know I am not teaching you how to suck eggs, Botswana asked for bids to supply 100Mw.
Tony does not want to commit us to today's prices because the Southern African grid traverses several countries and all need more energy. He therefore expects the price to climb for years to come. His piecemeal increments should be ever more valuable and we have the freedom to supply anybody - we are not tied to Botswana!
We have a rival bidding to supply Botswana's power but they stated they were not interested unless they are offered a big deal.
Imo, the 100Mw quote arose from their demands. The alternative was Hobson's Choice, just TLOU , not a comfortable place for the BG? We are way ahead of that rival - when I bought in nearly 3 years ago, Tony said Sekaname were 2 years behind us- you cannot find much about them, except they are effectively the Botswanan office for Kalahari Energy.

As chukkers says, Tony has been very reticent to ramp this share - he has been pointing out the warts all along - only when we got the all clear on potential hurdles did he give an inkling that it was getting easier! How? He could not suppress a smile! It was a breathe of fresh air that only the old timers here would have picked up on. A definite air of confidence though he is still using words like crucial and critical regarding gas flows now. If we come unstuck it won't be due to idle promises from Tony. He made 1bn and 4Bn from his first two companies , and said ,3 years ago, this was a much better prospect so you pay your money and you take your choice?

No Easy - have you looked at his hair :O)

Max,
You're not kidding - I just looked up ERF and the properties are a lot more than I expected.
I cannot remember what my rights were - but there was automatic planning permmission for more than one dwelling for certain. May have been 2? But property in the UK may have outgunned them in those years so swings and roundabouts.
My wife, her uncle and her mother have all passed away now - so I guess I am pleased it never happened?
Uncle bought the school-house in Qualicum for his 80+ acres north of Parksville to start an old folks condo and help the school! He had 2 weeks to roll it out but once it was on the low loader, there wasn't a big enough bridge to get out of Qualicum! He bought a plot opposite the Baseball Diamond and put it there. He then gave it to mum-in-law so she emigrated from Devon, aged 68 years! She died aged 94 in my current house in Dorset. In what is now my bedroom.
Best wishes
Brad

Maximumus, I thought you were going to claim squatter's rights :O)
Welcome to this board.
I considered buying an acre at Englishman River Falls for £5000 in the 80's, and could buy a new wooden house for 30k ($ or £ , cannot remember). I'd have to drill for water, and pay $600 per pole to take electricity onto site. Never saw it through because the Canadians insisted I had a job offer in a post that a Canadian was unavailable to perform, and I was forbidden to go to Canada to look for work! My wife's uncle was furious because he was prepared to sponsor us. He said to paint my face and row a canoe up the St Laurence and then they'd take me. The Falls are near Qualicum Beach on the Island.

Good luck if you need it, suspect not for you have averaged down to 15p - you know what you're doing.

Chris, don't know how much research you've done but Tony is building this as frugally as it comes.
He wants to generate 2Mw initially, and then use the income from that to extend the generation of higher volumes, and so on. If he succeeds and keeps us at 450m shares issued, we could do exceptionally well. And so will he, he put $28m of his own cash into this. He keeps talking about us shareholders as if we matter to him, and his actions support his words so far.
He picked out Botswana because of the stability ..... AIM has moved up a bit , I'm hoping ASX follow suit tonight .... it feels like a good time for us. I am overdue a rip roaring success after years of waiting. imho of course :O)

Chesh, sorry to hear that, bad news for a 'pawn' star?

Are LSE ramping SXX by any chance? They removed the whole Strong Sell thread.

Tony must be tearing his hair out at this SP , people are selling at 5.4p ?????????????

Remember the minister on video saying he was waiting for proof there is gas from us? He had heard reports there was not any. BUT if it was proved to him then CBM was going to become the preferred method of producing electricity in Botswana from that moment.
They are discussing prices for heaven's sake - the final bit of the jigsaw just needs rotating to the right direction.

"During the quarter, the Company successfully passed the technical and financial evaluation stages of the gas-to-power tender. The process is now at the negotiations stage, aimed at agreeing a Power Purchase Agreement. These negotiations are confidential and are being led by the government of Botswana. Further progress will be announced by the government in due course."

In Mario Lanza's voice, "drink,drink,drink" imvho.

Thought I'd grab a few at 5.6p on AIM and happy days got them at 5.525p - time to fill your boots I think. 600k shares is now history rather than future , I'd better be right though I am not answerable to anybody any more. Surely TLOU will bounce after todays RNS?

Listened to the podcast again - in the context of today's RNS , it sounds even more hopeful that it did at the time.

https://www.boardroom.media/broadcast?eid=5d27da2fb146cc6b28cdc71a

If you need proof of Tony's modesty - you'll see the video was available on 3rd July, there was a RNS on 10th and they never put the link in that one.
3 weeks on we see it - I wonder how far the negotiations have advanced. Could be done and dusted?

Hmmmmm.... is that a watering can being used to keep the lid open in the video?
Thought it was a petrol can at first! It is starting to look as though our faith in Tony is well justified?
Cannot wait to see him smiling on the next podcast ......

Holy smoke

http://tlouenergy.com/wp-content/uploads/2019/07/3P-Gas-Flare-22-July.mov

Price rose 9.5c to 10.5c at market close - surely I have not done something right for a change?
Still £200 down , but it was £700 for a while ..... IG prices for TOU still as vague as ever - 20 minutes delay on them.
Is it worth $24 per month for Level 1 or Level 2 I wonder?

RNS is out as Lekka predicted - too late to rally the TOU market. Published at 7am over here - still found nothing in Oz.
Have you got alerts set up Lekka?

Well done Lekka , I knew something
had been announced , but could not find more than this?
Good timing - CBA were $83.25 (my average $81.29) so sold a few and topped up TOU @ 9.5c - hope it is a good move.
My IG account is now over 80% TOU and has gone from several hundred in profit to a couple of hundred down.
Fingers crossed.

"
BRIEF – Tlou Energy Says Co Is Planning An Initial Scalable Gas-To-Power Project
29 July 2019 02:16

July 29 (Reuters) – Tlou Energy Ltd :
Co Is Planning An Initial Scalable Gas-to-power Project

Source text for Eikon: Further company coverage: TOU.AX

(Reuters.Briefs@thomsonreuters.com;)
"

What a fool I am, the mains electricity on the blower/vacuum would have done it or perhaps they ate my sham poo? That would kill anything.