RE: Presentations galore - the hype effort is back on3 Apr 2025 10:28
I know you are a clown! Thinkinh does not enter the equation.
We have the same IQ , just 1 difference , you 51 and me 151 ( down to 136 when I last checked to see if memory effects the IQ drastically). You are the thickest shareholder I have encountered!
Take your latest tom foolery about 1.6Bn shares. Now attempt to understand the word "convertible" , not the open topped car variety , but "loans".
"Convertible Debt Agreements:
Convertible debt, such as convertible loan notes, are agreements that allow the lender to convert the debt into shares of the company's stock, or to be repaid in cash.
Settlement Options:
The terms of the convertible debt agreement will determine whether the company can force a cash repayment or if the lender has the right to choose between cash or shares. "
Now consider the likely candidates involved!
A handful of TLOU supporters or the Doc alone spring to mind!
Now consider interest free cash from the UAE and earnings from that partnership!
I have predicted (several times on here) that cash could repay the convertible loans as well as stopping the need for further share issues.
You are out of your league Donkey , just do one! Go and read some more Peter and Jane books!
There might be one that explains why some people see Botala , in 2025 , are in precisely the same position that TLOU were in over 10 years ago!
It was worth 17p then for a short time, but look where TLOU are now!
BPC agreed to TLOU prioritising Kala , and TLOU's future is imho secured!
The biggest risk is that Kala will let us down like SM did. But TG survived SM and will survive that event.
As for covertibles, can you not see what undiluted shares are worth for current shareholders? Doc has 357,142,856 Pension Fund 208,521,092 TG 75,000,000 numbers , which if they stay undiluted, make the value of the loans pale into insignificance. They'll take their loans back as cash and interest 100%. It is plain as day!
They are not hostile or the Doc would have bought us out years ago! MM, another poster you are unfit to walk behind, feared that!
And I wondered , but Tlou are about to make them all extremely wealthy and CBM power is yet to get started.
Pick the bones out of that idiot - Shares in issue 1,286.33 million! And it staying there as long as Kala remain at Lesedi!