Member Info for BradSmith

This is the debatably more difficult of Wordle - any letters you reveal as present in the solution, MUST BE RE-USED from there on! It can make finding interim words difficult to find.

Green ones must be positioned in the right place , yellow ones merely have to be present.

You'll see why this one amused me!

https://drive.google.com/file/d/1uB27jd2ZaUJBX1MqmYUczJvCiJEAZ7sM/view?usp=drive_link

I wonder whether London Stock Exchange are as officious as ASX, or worse?

Was that the reason we delisted, to make Tony's impending resignation simpler?

Perhaps Kala foresaw difficulties on AIM , and when were they aware that Tony was retiring from TLOU?

Have we spent the last year preparing for the current scenario? It would not surprise me!

How many of us would sold up , had we know TG was retiring a year ago?

The reason I think of him as St. Tony , is how he thinks. What a deal with Kala?

He has left TLOU fully funded at zero cost, the poles and wires are virtually sorted , and TLOU are in a position to earn revenue on an exponential scale by expanding the numbers and sizes of wells and gas flows. He was always going to retire with TLOU expanding whenever he did the deed.

If Kala do not see this through , BPC is still on course , if S.M. come back with a green hydrogen solution , that may be fundable, Solar is as it always was - nothing has been ruled out. I can see how Kala might think TG was put on this earth for their benefit , and them for us!

Did the Aussies know TG was on the verge of retirement, is that why they are not rushing to grab a bigger piece of TLOU whilst it is being given away?

Once Kala have their piece of kit installed next month , maybe, we'll see if they honour their word with extra funding. BPC and the Pension fund must have been bricking it when they heard Tony was retiring. But the major players are still keeping faith. Not long to wait for news of Kala's progress.

Sekaname did not say they wanted to be allowed to submit a large bid!

What they said was that they needed a large enough confirmed order to get off their backsides!

Why is pretty obvious!

They wanted to show potential investors in them that there was a treasure chest at the end of the rainbow because they could not afford to fund a project that was 25 times bigger than TLOU's! 97/3 materialised so 32 time bigger!! Which one was likely to succeed? TG's hat trick or their bunny out of a sleeve with no successes behind them?

Never credible then - and in a void now it seems.

Sure = survive

Winni, not sure when started following TLOU , but back in the day all the powers that be were suggesting the 100Mw would be split 50Mw-50Mw

Presumably , KE were OK with 50MW , and TG , imho , was prepared to agree that number , despite not wanting more than 2Mw or 3MW. Moagi gave us 10 Mw during Covid , thinking it would help us get funding through the door no doubt, but TG did not want a PPA that might constrain the price we receive per unit of electricity. He expected that to rise with time which was sensible imho.

Looking for the original article / announcement or whatever it was, I came across BERA - a blast from the past!

Eric Molala (Moagi's predecessor) sacked BERA because they were accused if embezzling a fortune. That is not compatible with the lazy person someone on here described!

Also reminded me that were started the tender jointly with General Electric or a name like that with them adopting the title IPC. That partnership did not sure the tender process so TG had lots to contend with.

He is a saint!

Donkey does not mention TLOU beyond criticism of them not meeting their list of goals over the years, despite those goals continually changing.

1. Calor gas competitor was 18 months away when I first invested! Irregular gas flows would not have been a problem as long as delivery schedules were met.

2. Then, my first beef with KE/Seka arose. They were only prepared to tender for a PPA if that PPA was substantial enough to make it worth their while! 100Mw was enough for them to enter start the rat race with TLOU! And, as expected, to fall by the wayside.

3. Tlou seemed to change their goal from cylinders of gas by road, to being a CBM to Electricity provider. I'll never know what 100Mw meant! I suspect it meant supplying gas that could produce 100Mw of electricity at one of the dual duel power stations. Theoretically they could run on diesel or on gas with some modifications.

4. TLOU did not need a PPA because they KNEW Botswana would buy ALL the gas they could provide as long as it was at a competitive price! And Botswana offered a spread of $10 to $30 per unit which beat expected Australian prices hands down! Part of the reason TLOU moved from Australia to Botswana. In Australia, TG expected more red tape as the CBM business grew, and a price in the region of $10 to $12. Diesel prices went to $40 a few years ago but the flexibility is clear.

5. KE/Seka were talking about delivering different forms of gas , akin to TLOU's Calor Gas approach. Whatever went on then , TLOU embarked on CBM power and have completed a 25Mw distribution line of poles/wires to Serowe! What % of the project is that? Somewhere between 75% and 95% is my suggestion. That leaves us with 5% to 25% to do. Gas has flowed and been flared for many years , CBM to electricity generation is a formality , so all that remains is a decision of the size of the generators to commission once we know the steady achievable gas flows!

6. 5 is compromised by Kala's demand for gas for the pieces of kit (p.o.k.) they will rely on to finance TLOU from here to eternity! They have adopted TG's approach and have ordered one p.o.k for August - in the knowledge that #6 and #4 will provide enough gas to get started (imho).

7. Next comes the expansion of Lesedi to raise gas flows from existing wells and new ones WITH DEWATERING as a priority. Then a decision is needed on the PPA timetable. 2Mw,3Mw,10Mw or 25Mw at which point new TX lines are required OR the Data Centre might need the excess gas?

8. And then there is SOLAR! At some point the cost of Solar will be manageable - will it be cost effective to use that power at Lesedi or send it on to Serowe? Data centre will operate 24/7 you'd think? Will Solar produce enough power for Kala, and if so, for how long each day? Could Solar be dropped or used onsite on a smaller scale? Or will Hydrogen surface again? All this for a share price of 1.3c?

Bots you have a mental age of about 1 day!

Kala have said quite clearly in their mission statement they want their partners to prosper!

But Kala are putting up all the money for them to do just that , and letting TLOU keep 25% of what could be Kala profits, rising to 50% once the interest free loan is cleared (using Kala profits).

For all that charity , TLOU are providing the drilling apparatus and pumps and labour costs!

And Kala can walk away with little or no responsibility for those things!!! That is worth something I guess if they should want to partner a CBM operator elsewhere. If it were up to me, I'd probably risk a takeover but whether their religion would consider it as a no-go , who knows? They do look extremely honourable so I have an open mind. If they are going to finance extra drills, pumps and labour and take responsibility for them then it makes a takeover look more sensible.

I prefer to think the status quo is just as it looks NOW! Gas flows only matter once the TX line is commissioned if Kala have ordered a small p.o.k.. We need to know what the plans are for BPC deliveries - 2026 or 2027 ?

By then we'll have a much better idea of how accurate Kala's plans are. I still think we'll have a pleasant surprise when it all pans out! Lefoko is not in our immediate plans - we are firmly on the AI motorway and BPC are on a farm track until Kala and Tlou say otherwise!

Kala do refer to energy producers as very external beasts.

Bots is probably right is saying Kala will remain in the DATA segment of their business.

Over their lifetime , new sources of power may emerge , e.g. Hydrogen , and they'll want to be able to trust their partners to provide them with whatever they need. TLOU willingness to consider alternatives will have been noted.

It has become a full-time job, plus unlimited overtime, addressing the rubbish you post, Donkey.

I keep filtering you to give myself a break because I learn naff all that I don't already know from your posts. They are 96% about other posters on here, 2% on irrelevant officials in Botwana, an 2% on historical events that we have all replaced with real world events and assumptions today and tomorrow.

6 years since Covid was unveiled , you still have not accepted it was a world game changer. I'll ne dead by the time you see the magic that Kala has brought to Botwana and TLOU and us shareholders. What really annoys me is I KNOW THAT IF KALA WAS DEALING WITH ANY OTHER CBM OUTFIT you'd have a totally different take on their value. e.g. KE received support from a North American financier and that put TLOU in a poor light because they were relying on shareholders to take placings that were being dogged by pandemics, world financial crises , lockdowns and other mitigating events. Nearly all were unexpected , out of the blue and not into the green perhaps. We were wasting necessary money backing up instead of expanding , and queuing up further costs to get back on track.

And TG still managed to keep going while your preferred rivals were still getting nowhere beyond the drawing boards with all that American money and their to be envied 97MW PPA - that I never expected them to get near!! Neither did MM , someone else you think is lacking the IQ score of 55 that you dream of!!

The list of adversaries you try to create is amazing - they have had the brains to withdraw from the TLOU arena over the last decade. You are still here wasting everyone's time on nonsense.

It seems hard to imagine that those adversaries have forgotten about TLOU. They all got out when the shareprice was worth real money. Some of them will be able to restore their shareholdings above their leaving point with a tiny fraction of their proceeds from years ago. Others will have watched their holdings evaporating like I have, but will have still believed in Saint Tony , as I have!

It is indisputable that today , Tlou is stronger than it has ever been. TX line is so close to finished, #6 is producing more gas than previous wells and lessons were learned about dewatering channels. TLOU's immediate source of Income is in AI - the biggest influencer in terms of jobs worldwide , and their original customer l looks likely to be guaranteed ever increasing MW with zero risk of TLOU going bust. By 2027 they might need phase 2 of the TX lines with TLOU already in profit from Kala related activities.

TG is the new wizard of Oz! Filter need checking so I cannot misread the dung heap of green posts!

"All this debt on a company where their market cap based on 1.2 billion shares is around $2m."

I saw $2 and just assumed it said $2bn or more likely $2.5bn because you love exaggerating.

You posts are not worth reading properly in the non-fictional London Sout

Convertibles total AUD15m so wtf is that 45m figure against the Doc's name?

The latest one was for 3 years or when income starts to arrive - so 2025 seems likely?

If equity is necessary then shares are valued at 3.5c (AUD ).

I dare to hope that will be less than the market share price whenever it happens.

1.2bn + 15m + interest of that 15m is nowhere near the stupid 2BN the moron on here has been set on for years. Talk about tunnel vision?

As for spending , Lesedi has been starved of money for months whilst Kala have been preparing their programme. They will want good gas flows in August - I suspect TLOU are working along those lines too.

The first tranche could be due soon if #4 and #6 are miles off the flows Kala can manage to use. For commissioning Kala may be better off using a steady flow rather than working at the p.o.k. limits?

https://stockanalysis.com/quote/aim/TLOU/statistics/

.....

"Full Income Statement

Balance Sheet

The company has 1.33 million in cash and 6.72 million in debt, giving a net cash position of -5.39 million.

Cash & Cash Equivalents 1.33M

Total Debt 6.72M

Net Cash -5.39M

Net Cash Per Share n/a

Equity (Book Value) 33.04M

Book Value Per Share 0.03

Working Capital 649,206"

"continued.

1. Energy assets lacking infrastructure for commercialisation.

By co-locating high-performance computing infrastructure directly at energy production sites, we eliminate the need for costly transmission lines or pipelines, enabling energy producers to monetise their assets immediately and efficiently.

2. Growing demand for computing power outpacing available energy supply.

This approach generates incremental energy capacity specifically for computation, avoiding competition with existing energy capacity and ensuring a stable power source for growing computation demand.

3. Decreasing interest in traditional energy investments.

By re-aligning energy assets to support digital infrastructure and emerging tech sectors, we revitalise interest in energy investments, making them more appealing to investors seeking growth opportunities in technology-driven industries.

Of course, this approach can also seamlessly integrate with existing downstream development plans, allowing energy producers to maintain traditional revenue streams while unlocking new value from the rising demand for computational power. "

i.e. BPC and Kala

Considerable? Winni?

TLOU might think 5m is considerable , but Kala might consider it to be loose change.

The chances of that being fact imho is 100% whether it is pula, AUD, USD or GBP.

Kala is looking at billions for an advanced AI system , TLOU appears to be their perfect partner with virtually untapped gas for 3 or 4 decades. If TLOU do not request more drilling equipment, i.e. interest free loans from Kala I'll be flabbergasted. And even more so should Kala decline!!! This marriage was made in heaven both parties helping the other to help themselves. Why nobody seems to be excited is beyond me!

If Jeffery Archer used TG as the star of his next book , at the current chapter the publishers would say "this is too far fetched!" , "nobody will believe it!". They'd be wrong , I do at least!

Kala's announcement was watered down by Tlou/Colm but Kala addressed BPC , TLOU , their mission and more and demonstrated how invested they are. Colm was fairly sober in his June 11th RNS but I'd already read the Kala statement. This is lifted from their web page......

"Kala Data About

What We Do

Investor Relations

Contact

Transforming Compute Demand, Stranded Energy, and Investment Obstacles into Growth Opportunities

Kala Data is a funded, private UAE-based technology company specialising in the monetisation of energy assets through high-performance computing.

Our leadership team brings expertise in technology, finance, and geology, allowing us to identify strategic partnership opportunities with energy companies. With strong financial backing and advanced technology, we assist in early-stage revenue generation and help diversify income streams beyond traditional downstream pathways.

Alongside the development and operation of data centres, we are integrating renewable energy solutions with traditional baseload power to further reduce energy costs and enhance sustainability. By leveraging synergistic energy strategies,

------------------------------------------------------------------------------------------

we maximize efficiency and create long-term value for our partners.

------------------------------------------------------------------------------------------.

We are continuously seeking partnerships with energy producers to develop and operate cutting-edge computational infrastructure, driving innovation at the intersection of energy and technology.

Why?

At Kala Data, we identified three key challenges:

Energy assets lacking infrastructure for commercialisation.

Growing demand for computing power outpacing available energy supply.

Decreasing interest in traditional energy investments.

We realised that elements of each challenge could be leveraged to address the others, and by integrating our technical expertise with innovative financial strategies, we transformed these interconnected obstacles into opportunities."

So you are the expert on the UAE as well as Botswana then Bots?

Your brain cells work individually - binary - off or on?

So if TG suggested Kala bought him out , they'd say no?

It is not certain what they'd think , having a Director in charge of all CBM producers could easily appeal?

It sounds to me like a niche job depending on the individuals in charge at each location.

Hopefully TLOU will provide enough gas for Southern Africa but the world is bigger than than one sub-continent.

Australia is another from what I read earlier. If Botswana is a success why not elsewhere?

Kala's philosophy will work in most places I reckon. Especially at start-ups!

If you stopped giving incessant views which are 99% off topic (i.e. re Winni or me) and 100% irrelevant to the real world , things here would improve. You have started two threads on Hot Copper and not received a single on either. A few hundred views confirmed the lack of interest. And that is the same here.

And it has always been like that whether you are Bots, Moagi or one of the Kens. And you blame people on here for the penny not dropping - c'est incroyable! For years gas flow figures were on everyone's lips and now nearly everyone thinks gas flows will be achieved once TLOU know how much raw gas is required and how much gas will need an electricity generator and when , then Kala's interest free loans and TLOU's knowledge of the CBM industry will step up, given time!!! They have had time for some time but producing extra gas to have bigger flares was never sensible to those of us with any sense.

9 years of flaring the maximum amount of gas without reward for any of it would have been criminal!

Producing more gas , and then shutting it off , risking channels silting up, equally criminal if it transpired that way.

As it is, TLOU have not maximised the debts , and interest free loans are agreed so the debt is not a concern - so it is 100% efficiency imho! Were we lucky or did TLOU have faith in Kala and now , shock, horror, that faith has finally been rewarded. The first Kala p.o.k, piece of kit, is ordered for August delivery , TLOU have been told current gas flows are enough for that p.o.k. and 5 more are in the pipeline. Gas flows over a few months will determine the delivery date for those 5! Personally, by pure intuition , no insider news or the like, I am expecting some of those 5 will be needed by Xmas 2025.

Will they need to be higher capacity than the august p.o.k.? I reckon they might be. An alternative could be generators for BPC - but who cares? Money from the right or money from the left. Delivery date may determine which project benefits from higher flows first! The problems are becoming almost enjoyable.

"Something similar was said with SynMet I believe."

Synergen Met thought they could develop a lance with Green Credentials within 6 months.

Tony gave them an opportunity to do that by providing them with CBM at Lesedi.

When it looked like unfounded optimism and Covid lockdowns looked to be ending , TLOU and Synergen agreed that their work should continue back at their Brisbane base rather than Lesedi. They were treated fairly , and presumably Hydrogen could be reconvened should they eventually succeed in producing a working lance.

However they were preparing to float on ASX at a higher share price than TLOU have seen in years, and TLOU were going to but shares in S.M.. Cannot see that happening at all before Kala and BPC are fully operational with TLOU gas or electricity. However Kala look so switched on they could adopt Hydrogen as another target.

I cannot help thinking that their AI budget makes the costs associated with TLOU so insignificant that a take over of TLOU is not a stretch of the imagination. With T.G.'s retirement as a TLOU full-timer , he might be agreeable, but , if he is well enough, his opinions on TLOU's future may be valuable as a consultant. Cannot see him, or the Pension Fund, or the Doc , wanting to sell below 11p equivalent somehow. Above 11p is almost surely all profit, but Dividends (of 11p?) could be possible within a few years. Now that would something!

I also wonder how valuable the actual land is going to be once it is once it is an AI village/town/whatever.

I noticed #4 and #6 are being dewatered in isolation instead of together. Funds to expand each of them might be on the cards. Exciting times are coming.

Two brick walls , one with no mortar , and Humpty Dumpty perilously perched on the top waiting for a fall.

Since I was a little nipper I have always had my own opinion irrespective of the masses. Teachers used to give me treats when the whole class agreed on an answer and I stuck with mine! And I was usually right.

TLOU are beyond the critical point and , putting all my faith in Kala , cannot fail.

When I started taxi driving, initially for one year, Poole was predominantly local English drivers.

So many cars have been sponsored by foreign churches and families in the 20 years or more since, that some passengers used to tell me how pleased they were to get an English driver they could converse with. Kala will succeed imho , and TLOU cannot fail to prosper as a result of that.

The biggest risk lies with Crypto - I don't trust it. How much does Kala's future rely upon it?

I'm hoping their involvement ends with crypto mining - and not with the values of the currencies they supply.

If Crypto continues gaining , of course , and it probably will as long as I steer clear of it , it might fund many more wells. UAE are big on Crypto it seems.

Https://www.keb.co.bw/100mw-power-plant-project/

It reads to me that Sekaname appeared out of nowhere as a Botswana based company.

I am certain that KE/Seka demanded a worthwhile PPA , to continue with their application, and the 100MW PPA was borne from there. I am also certain TG never wanted a PPA - he knew Botswana were desperate for a reliable source of power and would obviously buy every MW he could produce.

Sekaname/KE and this PPA slowed the CBM plans to a stand still. Until then TLOU were moving fast and receiving Govt assistance in everything they wanted so the flaw in the RFP demands was a shock - to say the least! All sides were now scrutinising everything and the stampede towards CBM power ceased from then!

KE relied upon the PPA to raise substantial funds for their reward of 97Mw. TG was always going to produce a small successful start-up TLOU , and once established as viable business was going to accelerate expansions by putting all profits back into expansion for many years. We still have not reached that first income, but 2025 is almost sure to change that. Kala has changed the focus and become the main mission.

TLOU and Kala are conscious of the PPA and TLOU's responsibilities there. BPC seems to have accepted there will be a delay in their first delivery of electricity to Serowe. BUT EVERYONE KNOWS that Tlou's fundraising problems are soon going to disappear provided Kala successfully honour their plans for the partnership.

I don't foresee any problems at all. Kala and TLOU are made for each other. What can go wrong?

Kala seem to know exactly what they need , and , as Bots said , CBM is a proven source of electricity all over the world! If 4 or 5 countries represent the whole world.

I see CBM prices in Australia are booming because renewable energy cannot keep up with demands there and they have power shortages. Tlou need some blue touch paper to get the ball rolling! 1.4c per share is a joke.

Hoped they enjoyed the cup of tea after the kettle boiled.

Bots, perhaps Botswanans believe what one of their number has been saying forever?

1. Sekaname will win the race with TLOU - because they have economy of scale

2. That the TLOU M.D. is not guaranteed to complete his mission just because he is 100% on the first two.

3. That TLOU were inefficient is handling a non-existent Covid problem. Shutting off wells to reduce the cost for an indefinite number of years of lockdown was necessary to survive in most of our minds.

4. And last but not least ..... despite flaring from 2016 onwards ...... Lesedi gas had impurities that stop it from burning?

All from the Guru that is you with your so called knowledge of Botswana.

I see 100 km of poles and wires ready to be commissioned as soon as we need them for the PPA of 2Mw, 3Mw or 10Mw or realistically 25Mw that Botswana will welcome irrespective of any PPA's out there! They have always been unimportant imho.

As for Henry Ford , the point was it does not matter how you start - it is how you finish!! You have berated TLOU for only going for 2MW to start with! Just look at how well Sekaname did with their 97Mw PPA. It was always a one horse race imho and without the PPA fiasco I suspect we'd have an operational TLOU yonks ago!!!

The Govt wanted competition so successful CBM producers were not able to name their price as the sole supplier. It cost us years and the impetus that was there prior to 2016 dried up with RFP fiasco. That pushed TLOU progress into the Covid lockdown period and further delays. Mitigating circumstances that you will never realise until TLOU are a profitable organisation in several fields. It has been clear as day for anybody to see. You don't need an IQ above 100 which is just as well in your case.

Solar, AI, Crypto , CBM power , maybe Mambo to Orapa gas , and conceivably Hydrogen eventually is quite a role compared to being a rival to Calor Gas. TG deserved some luck and he has it aplenty with Kala Data at his side. News of the next M.D. for a tried and tested CBM industry that sounds like a doddle when it suits you is unimportant I guess. And it is - the first 5 years with Kala is the priority. By then we could easily be established for the next 40 years with parallel businesses operating at the forefront of technology.

Bots , at one time in his career Henry Ford had only built one car! Maybe for milliseconds because of the scale of his operation. How naïve are you? No Covid delays from 2019 to 2023? The Poles and wires are still incomplete with substations and commissioning yet to come. But is it not obvious that EVERYTHING took a back set in Autumn 2024 when Kala proposals arrived on TLOU mat?

Going back to my taxi days, many local authorities had a lock-down for years on the number of Hackney plates were issued. The deadlock was broken by law-suits brought about by potential taxi owners who wanted to provide assistance vehicles for the disabled! Poole compromised and issued one new plate per year for disability enabled vehicles. The going rate for an existing hackney plate was £30k at the time. The cost of licencing a new taxi was about £700 - no comparison!

A cab plate in Bournemouth was £70k then.

Not many taxi drivers could afford £70k - except for those guys who came from families that supported them as well as their church! Earning interest on loans was not allowed! So both families and their churches would find the £70k (or £30k) for the plates , and be repaid , interest free , for however long it look.

UK drivers were a bit jealous of course - borrowing for them was at or above the base rate - a considerable amount over shorter periods no doubt.

Sounds familiar does it not? I bet TLOU have many jealous start-ups in the wings when they prosper from the same interest free magnet.