Member Info for BradSmith

This was the plan in August 2019 , hatched in the aftermath of the RFP fiasco. It has been 5 years since it was published , and how many of those were productive? Imho TLOU had extra tasks and money to find in that. Shutdown, and restart, and other costs for those unproductive years! Change 19 to 24 and 20 to 25 and #3 and #4 to #4 and #6 and it looks very good to me.

https://drive.google.com/file/d/1auCq-Bsq0N4c97M8aMAvuxym5HkzQnjR/view?usp=sharing

The arguments were over the moron's defence of his precious Seka - totally immaterial like everything he posts.

Just edit the grid above and you will see what I see, and everything on Lesedi to Serowe is as planned though going live might be earlier that the 2019 initiative.

TLOU ENERGY FORWARD PLAN August 2024

3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 Post 4Q25

Lesedi #4 and #6

THE JIGSAW IS NEAR PERFECT

Full RNS ... https://www.aspecthuntley.com.au/asxdata/20190822/pdf/02136749.pdf

As I feared, AUGUST 2019, appears to mark the renaissance from this article.

https://www.worldcoal.com/cbm/23082019/tlous-lesedi-pods-achieve-sustained-gas-flows/

I think it shows the emphasis was on extracting gas. From there,imho, to produce cylinders for the barrows! And the dates preclude any thought of being a power producer. Delivery in 2020?

"Highlights.. Lesedi 3 and 4 have each achieved an initial sustained gas flow of approximately 20 000 ft3/day. Rates are anticipated to increase steadily, leading to a peak and commercial flowrate. First electricity sales are targeted for next year."

I'll leave it there ...... I have my answer from that link. I have my money in a miraculous company that has survived so many obstacles it is incredible. Saint Tony has knocked 10 years off the date for his ultimate plan for TLOU, or whoever takes over, as a power producer.

Winni, this site will soon be history, next month perhaps?

So discussion on TLOU's future will cease. I don't want people to leave here off the back of a history of lies.

I am trying to get to the bottom of why TLOU stopped planning to be a Calor Gas type of company. And the same for SEKA.

Without SEKA's presence I am fairly sure the 2 year process that the RFP endured would not have happened. I think the GOVT cut and paste error introduced the idea of the preferred bidders producing MW of electricity. We they complicit in the change of direction OR did one or both of agree to produce ELECTRICITY instead of CU FT of gas from cylinders or pipelines?

The COAL POWERED ELECTRICITY document that was used as a template for the RPF for CBM and the only thing that makes sense to me is that the bidders discussed the possibility of producing MW of Electricity and concurred OR they blundered into the turn key possibilities?

I lost interest in shares, having lost my wife in 2018, so did I miss an RNS in the lead up to her death telling us TLOU were abandoning gas cylinders on lorries after discussions on the RFP.

What we do know is TLOU moved onto the RFQ and by then were committed to pole and wires , and afaik, SEKA bit the dust at that stage. Did they get taken by surprise by the turn-key solution because they were intent of deliver GAS for 97 MW of generation from diesel from dual fuel generation? No criticism of SEKA there. 97MW power provider from scratch was never in their plans, and quite an ordeal. TX lines, generation, out of thin air?

Produce enough GAS for Moripule was a challenge , Electricity for Serowe an impossibility for a private company without shareholders and the capital already in the bank.

It was difficult enough for TLOU who always planned to start small and build from there. It cost us several years but TG has achieved it despite COVID and lockdowns and the extra costs.

Would TLOU admit to blundering ino the change of direction - I don't believe so - hence the lack of information for years. But it shows how good TG is imho!! They have the infostructure in place to get back to the original plan! Getting the Gas Flows higher for a competely different reason. A powerhouse instead of a barrow boy!

Grief, there was two bidders because GOVT were uncomfortable having Hobson's choice was TLOU alone! TLOU would, theoretically,have been able to dictate the terms to the GOVT?

IF they had faith in TLOU they'd have known that TG was looking to better $12 for us, and felt there was plenty of scope to reduce BPC's $30 deal with Eskom.

I think KEB/SEKA were merely kept in play so TLOU would have competition in theory.

KEB/SEKA for their part wanted an advance order so they had a carrot to attract Donkeys into funding their forlorn hope of producing a high number of MW's.

They declared their intention to pull out of the bidding process unless they were offered a large enough slice. The talk was of a 50-50 split in the media. Whether 50MW was enough for SEKA I don't know but TG only wanted 2MW if he wanted to negotiate at all. I was never able to find the article again but it was so important and, as I said, I used it to demonstrate that SEKA needed a carrot because they could not afford to finance a sizeable CBM project themselves.

Your last link shows the RFQ was the next stage after RFP and at that point SEKA failed to respond and left TLOU as the only candidate imho! Bidders were limited to 2 after the RFP requirement was reworded to remove the history of providing "CBM powered electricity" to Botswana.

That came from "COAL powered electricity" where there was history and it is fairly obvious a COAL document had been edited for the CBM proposal requests.

I suspect CBM "powered electricity" was introduced with that mistake? Afaik BOTH TLOU and SEKA were proposing for CBM gas in cylinders on the backs of lorries. We all assumed that the preferred bidders were now going through the whole document with a fine tooth comb to avoid further delays. BUT DID THEY BOTH ABANDON THE GAS CYLINDERS AND SWITCH TO THE IDEA OF DELIVERING POWER TO THE GRID?

It makes sense to me that COAL POWER was measured in MW because the generators and grid existed! But the Proposal was in fact for GAS CYLINDERS to replace diesel in the DUAL FUEL GENERATORS that already existed and needed to be modified for gas.

This tete a tete has cleared up the history for me - the transition from GAS to MW always confused me.

TB if you (or other members of ths board) are in conversation with the office and you understand my thinking above, I'd be interested to know if we proposed using Tx lines (poles and wires) and MWh referred to TX lines in the RFP ..... OR ..... was GAS to replace DIESEL for the generation of existing power distribution planned? Cu ft was more appropriate for the latter.

Or do you (or anyone but Donkey) have a different slant on this? Am I alone in thinking the switch from Cylinders to TX was unexplained.

I'll have to hook my search engine out - it was on an old computer and I have not used Visual Studio on the new machine yet. Power Query and Excel macros on the new machine are my new toys and Smart TV takes most of my time

Donkey, we are all (maybe) hunan ab therefore human, capable if making mistakes

Repeating tge same mistake - how many times?- sets you apart from the rest of us!

You have 2 supporters - the three musky queers|?

You are completely wromg on the preferred bidders history - not a good start - but the other 1000 readers expect you to be wrong.

TLOU did not get up to 10MW hours at the decision date at all! 97MW to the fantasy company and 3MW to the obvious candidate who did not even want that number!!!!

TG knew , like outr current share price , the only way was UP on SP and he did not want to be committed to honouring 2010's price in the 2020's and ain't that the truth?

The 10MW came last XMAS from Lefoko (the real Mr. Moagi) who was as ignorant as you, and thought he was bolstering TLOU by raising the PPA to UP TO 10MW.

I hope it was not worth the paper if it was written down - we don't want to give our electricity away if the market rate has risen.

It was not even 3MW but 2MW , 3 was deduced form 100-97 I guess?

https://www.esi-africa.com/industry-sectors/generation/tlou-energy-and-botswana-power-corporation-execute-a-pilot-ppa/

was under Eric Molale - 10mw was under Mr Moagi - I do not need Google to tell me!

Talk as much crap as you can but TGis and has been on course through the most trying of circumstances - and after my disasters on other AIM shares I have been looking for the signs that this one could turn sour.

Chris Fraser (SXX) diluted the share price with over ambition!

Brian M was over optimistic about OIL in his bit of Nevada! And still is many many years later?

Williams at Avanti , set up sateliite broadband at £7 a share , launched a satellite perfectly using Ariane rocket , was expected to raise the sp to £9! The twot sod a bunch of his shares and the price fell and kept falling!

Fox at HMV said profits were marginally down - they were massively down !

Englishmen, Irishma=en and Welshman - my last hope was an Australian!

A proven CEO who I watched like a hawk - and I can find no fault in him - dilution is minimal and totally justifiable given we have gone from barrow boys selling CBM cylinders to a turn-key powerhouse in the making. Sekaname is still in a dream world!

#6 and #4 , after 2 wells were added , are clearly expected to be enough to satisfy the original PPA and when TLOU find how to stop finings building up, TLOU will expand exponentially up to 25MW and the sparks will fly - guaranteed!

We dont have long to see the proof of the pudding! A share price of 8p will bring our market value up to £100m and FTSE standard? Institutions are rumoured to be reticent to invest in companies worth less than £100m - and then we'll see egg all over your face! 8p will definitely cover my losses in the four-mentioned disasters! And BTS's missus will be overjoyed if he re-invests her money in an ASX broker.

How many directors got cold feet over the last decade or more? We lost Linah , bless her , but struggling boards are volatile - i don't see any volatity - now why is that?

My X-O to IG transfers are complete and all my TLOU shares are back in one broker's hands.

I got this prompt with confirmation of the transfer - looks alarming but do not worry because it involves two checkboxes - one confirming your relationship to the UK , t'other to USA! Takes seconds to do.

"Confirm your tax information

Your required FATCA and CRS information needs to be updated within our records. This must be submitted to avoid trading restrictions."

Most definitely! I am completely certain that in the early stages KEB, SEKA and TLOU were the only bidders in the chase to become preferred bidders.

The GOVT mentioned preference would be given to Botswana bidders and KEB sat back and relied upon Seka to represent their interests. Between them they warned that Seka too would leave the race unless they were awarded a worthwhile PPA guaranteeing them an income of course as long as they produced the goods.

At the time I recorded this on this pages. My take was they were desperate to have that GUARANTEED market in order to attract investors because they were non-starters without it.

During those days TLOU were adamant they were adopting a totally opposite approach, an initial delivery of 2MW was favourite, and the income from those 2MW would be a major player in an expansion of TLOU to higher volumes/incomes. MM never considered Seka serious opposition at any time, but KEB got what they wanted eventually 97MW of the 100MW , and TG got what he was happy to accept 3MW. Seka had one supporter! Donkey who was pro-vertical drills and ridiculed TG for his horizontal wells and not having the economy of scale that KEB would benefit from.

KEB fell by the wayside and now TLOU have 10MW foisted upon them , and SEKA are celebrating getting a PPA for 6MW. For a while TG was reluctantly resigned to a 50-50 split if he had to. Which company got what it wanted? And which was always more likely to succeed? A total non-brainer with TG's previous successes and hopes for Botswana. Botswana definitely held us up for 18m as the RPF was rejigged to TLOU and Seka's satisfaction after the faut pas in the requirements of bidders. Seka asked for an extension for some reason so it dragged on for 2 years! If TLOU was recognised as the sole bidder the faut pas could have been redacted and the project could have maintained the momentum that produced an sp of 17p. Those 2 years ensured lockdown hit us harder that it would have were we delivering cylinders of CBM.

I cannot recall how delivering turn-key electricity to Serowe changed the CBM in cylinders?

I can only think that the 100MW was what the CBM cylinders would be generating when BPC generators were converted from DIESEL to CBM??? Were Seka aiming to deliver CBM for 97MW , and TLOU 3MW - probably at Moripule?

Whatever, TX lines entered the plans for TLOU and lord knows what the other mob plan. They might be still talking about 6MW of CBM cylinders to Moripule but I have not wasted my time on them. If Donkey supports them they are bound to fail, and if he criticises something then it has a very good chance of success.

When BP had trading rooms there was one dealer that the others used to consult. And they were encouraged if he was against their undeclared opinion. Was that Donkey?

We are stupid?

TG switches from OIL where he had a good reputation to CBM in the 2000's and with a few years he makes his shareholders at Arrow and Sunshine $1bn and $3.5bn and then researches the world for Project #3 - not exactly the stereotype - a new industry? Yes! But hardly the hopeless optimist in charge?

TLOU ended up in Botswana for many reasons and the share price reached 17p.

And then the cowboys KE/Seka stopped the landslide by insisting that BPC issue PPA's for worthwhile orders of CBM electricity!

The Aswan dam of Botswana stopped every type of flows and TLOU, who expected to deliver CBM in cylinders to power stations in 2016, hence the red-hot tips that got us og into TLOU and a healthy rising shareprice!!!!!! Without KE/SEKA Iand with the pandemic, I seriously believe TLOU would have been operational years ago. And that income would have changed history for TLOU - de-risked the share-price would be in double figures, there would have been a larger list of experienced employees in Botswana to to manage the drilling during lockdown and after lockdown was eased!

Whether we'd be content as a Calor Gas rival in providing cannisters I dunno.

But the TG hat-trick is back on target, the project is far more ambitious that the calor-gas original, Lesedi #6 and #4 look able to pack 2MW onto the TX in 2025 and rather later than expected there will be a welcome income to further TG plans.

At no time did TLOU look certain to fold imho. The big question for me is WHEN WILL TG CALL IT A DAY IN BOTSWANA AND TAKE HIS PROFITS LIKE THE OTHER TWO?

For UK domiciles AIM gave us free Stamp Duty and not much else. But the sophisticated shareholders over here are now probably happy to invest on ASX - no stamp duty is a bonus.

If TG can surpass threats of Civil War, the risk of methane at Lesedi not being inflammable, and a one or two revolt from the thickest shareholders in the UK, it is all downhill!

The rebels are outnumbered by our biggest shareholders who have not had RNS's telling us they have sold up! The pension fund will be in clover at 11p and that is the highest target for the main investors to attain afaik. They have averaged down like the rest of us and 8p will see us all in profit (apart from Donkey who may have bought in above 11p). No wonder he is a 100% TLOU hater. I think I am averaging less 3.5p once all my shares are under the IG umbrella. IG is less than 2p , X-O is higher because they were my broker when I bought at 8p to 10p in the heady days. Why doesn't Donkey see the truth behind this Project? He still doubts Tony was successful at the previous projects - he is a nutter!

Https://drive.google.com/file/d/1qREpX9SfZZWcYUSU2noneSl7s5kdlYMD/view?usp=sharing

Price dropped to 0.74p so it was a pain spending £1250 exactly but I got there.

I am going to miss Fixed Price quote - limit bids are not fun at all,

Https://drive.google.com/file/d/1rQ6dcxtJud7-kwqlBoA4QTwSsZ3KiYsb/view?usp=sharing

This might ring a bell - this is the Fixed Price Quote!

I entered the estimated 166266 shares and you'll see they actually cost around £5 less?

If I was trading this I'd now see 0.747p is the FP so I'd deduct the commission and dive the result by 0.747 £1247/0.00747 = 166934.404284

I'd then try to buy 144935 and could get back insufficent funds ,

and then buy 166394 which will go through ok 99% of the time if you are quick.

At this point

Https://drive.google.com/file/d/1fKJXbtTOPdutIR9fRG7lFdQSKwrPw-_1/view?usp=sharing

You missus would lose 14k shares if she reinvested with IG.

FP deals only survive for something like 14 seconds but you can see how easy it is on IG.

10 x 1250 next year?

This buys AIM shares which will convert yo ASX in the new year , hopefully at zero costs but IG custodian news of that is awaited on that.

In for a pounding , in for many pennies? We all expect Donkey to be wrong - his instinct is right but his maths always was dreadful.

African countries are laws unto themselves.

When I first invested, Botswana was importing electricity from S.A. and Eskom, but S.A. was not selling surpluses they were and still are deficient in domestic energy.

Why did S.A. export? Money! Botwana were paying a premium price so Eskom milked them. TG saw that price gave him scope to lower BPC prices whilst improving the returns he expected to get from a third project in Australia.

Australia prices $10-$12 , Botswana prices were $30 from S.A. imports! Since then we have seen $40 at the peak.

Will Botswana export and deny the domestic demand in the same way?

The UK are hardly innocents, I think we imported North Sea oil from Norway because BP were making better prices elsewhere before selling off their assets as TLOU will one day if Arrow and Sunshine profit taking is in TG's and the Doc's plans.

Once the 25MW capacity for Solar and CBM power is challenged, the next TX line capacity and maybe possibilities for Hydrogen will determine TLOU's future as a minor or major powerhouse. An Orapa pipeline might benefit the diamond trade, of which I know nothing, but the new Govt in Free's link sounds like Keir Starmer but seems more optimistic about exporting power in the not too distant future.

As for Bots valuation of 3 to 5 times 0.7p ........ what a clown!

5p was strong when we were in a much riskier place than now.

17p high previous to that (when Bots caught his cold imho).

2p to 3.5p range has existed for a while before the AIM dump fright reduced it even more.

Sophisicated investors snapped up 3.5p when the price was 5p+ and I am expecting many more newbies as soon as the flare reduces because the Serowe electricity meters are buzzing with 2MW of Lesedi power in 2025.

TLOU are able to concentrate of Gas Flows with the substations almost complete and generators imminent. The options at 4.4p with an expectation of a price around 8p imho , before COVID ruined the plan, would have been a tenfold increase on 0.7p

If I was BTS I'd be buying at 1.7c (ASX) or 0.7p (AIM) with an ASX compatible broker, with his missus's settlement money. I lost 10k shares doing that with X-O and those shares will appreciate more than any others I bought over the years. 180k ASX shares or £1250? I think I know which is peanuts!!!!!

Market seems to open now on ASX and on the estimated charges for a dummy buy they quoted $10 AUD which I thought was zero from their messages. They only accept LIMIT bids and don't offer FIXED QUOTES like they do on LSE so trading is going to be less fun if that is the case. I hate having to worry that I could be obliged to pay full charge on 1 measly share which partial fills can produce! Fixed price quotes are binary, either done or rejected, and you know where you are within a couple of minutes, no money tied up while the market goes for or against you.

I'm watching Star Wars Rougue One because Felicity Jones is in it. I've had enough already! I hate sci-fi rubbish. 5 series of Greenleaf (somewhere near 60 episodes in a week) looks time well spent now. Don't understand why I liked it but there were precious few white members of the cast and they were baddies. Oprah Winfrey directed and appeared in the early episodes - I think she knows what the public enjoys. The final 2 episodes dragged on but that it the norm for USA series in my experience. One series too many perhaps?

IG transfer not showing up yet but 14 days was mentioned at IG , and 28 days at X-O , so either might be playing silly b's? I am feeling a bit bored.

Small Fry et al,

IG open LSE at standard hours.

And ASX is Sydney Time 10am - 4pm which is 11 hours ahead of us.

BST will affect it but currently ASX open at MIDNIGHT - so 1 am come Spring Forwards with close at 7am , and 6am tomorrow.

Sarcasm is no longer the lowest form of wit - Donkey from Doncaster is! As they in Dinny t'wit.

My X-O ISA shows my TLOU shares have been removed in my portfolio and as a Transaction today so I am half way there, same as Donkey's - half way to being a wit.

Today is or would have been my 53rd Wedding Anniversary, bless her.

There are two types of broker in the TLOU world.

ASX inclusive and ASX exclusive!

If TLOU had to publish rules for every combination of transfer plus all the default actions then I doubt they'd get them all right. And BOTS would ignore all the ones they get right and concentrate of the errors. OR MORE LIKELY , how long it took to release the RNS as thy gathered the facts. Which I highlighted with X-O and IG. So many things to consider?

Should TLOU pick up my losses at X-O , and any costs to come (maybe) at IG? I don't know!

Was the decision to dump AIM correct? I'd say so! Especially if the FX rate under Labour works for ASX sells in the future.

You can choose any of the below options for your positions:

Option 1: Take no action (Default). Holders will receive shares on the ASX line. The stock terms are TBA (this is contingent on the feasibility of the cross-border settlement to the ASX, and there is no ETA for this).

Option 2: Trade out your positions before the market closes on December 27, 2024, prior to the LSE market closing. After this, you will not be able to trade out your positions."

PS

"Kindly note:

• If you opt for Option 1, and if there are any taxes, fees, or charges involved during the cross-border settlement, we expect you to have sufficient funds in your account for us to debit. (The rates are yet to be confirmed.)

• If there are no charges, as confirmed by our custodian, no fees will be applied.

We're here to help."

Another stupid man going to a foreign country with high hopes .....

"M&S started life in 1884, when the immigrant Michael Marks came to the north of England and managed to secure a stall at Kirkgate Market in Leeds. Having arrived with little money and limited English, he built his success using the slogan “Don't ask the price, it's a 'Penny' ".

What advice you would have given him , Bots?