Member Info for BradSmith

Cannot help wondering if these licences are considered by the Govt to be money makers.

Is the treasury telling the minister to withhold them because they can be sold to the highest bidder once new markets are shown to be viable? Tlou going into production in 2024 might be an advert to the world just how good the potential is in Botswana for Oil and Gas , and other companies might highlight oher renewable fuels like solar and wind? I doubt Lefoko is risking severe punishment if he has the option over whether to take the easy way out or not. We know Massisi was taking an interest before and at the energy conference last year.

Are African Govts standing up for themselves against foreign companies?

https://www.gov.bw/mining/prospecting-licence-application

makes the price for the licence look like chicken feed @ 5 pula per sq km (30p).

I'd like to think Lefoko is clearing the way for TLOU to adopt all these licences once they start receiving an income, or will BWP pay us with licences? Tongue in cheek but the change of heart on issuing licences must be for a reason that may not be palatable.

Buy 1000 @ 1.59

Sell 'Sorry no quote available'

ASX was Bank Holiday - Australia Day

Suspect the 3 trades today were all buys (or are there 2 trades because two look identical)

Good!

You missed off #6 Well - then best well - Bots!

I thought I absolved TG from blame? Tlou could have kept the eligibility sections together in the RNS so IG realised that both ASX shares and a UK address for those shares were mutual companions.

IG should have sussed it out or were they right> U still dunno!

But at 1.5p to buy on AIM who'd want to pay 3.5c anyway?

I can buy at 1.5p on fixed quote but could not get a quote on a sell (both for dummy 5000 shares).

Come on #6 it us time to raise the sp!

Bit of a perk there - closed the account I opened for IG and opened a new Account paying an extra .27% and I earned nearly £20 interest from the TLOU bound money!

So IG will not get that money and I am in pocket!

I wonder if IG will ever tell me whether they made a boob or there was never a problem if we'd progressed.

Feel sad I have passed up over one million shares , but I gained 16k shares and over £20 profit in the end.

Not worth the time I spent on this but the story ends here.

Easy access Cash ISA paying 5.07% woould have made the missus happy I think - and her money is not being risked on the stock exchange - so I am keeping my promise to myself to never gamble her money.

On top of that I don't feel guilty that I did not participate in this placement - TLOU saw to that!

My memory blows my mind - I pulled the name Apiamma from nowhere , spelled it right and eveb found the post in question!!!

I was waiting for the first PPA (I think , possibly , to see what the price might be per Mw as much as anything).

It was obvious I had missed the RNS referenced by Appi.

"Appiamma

Posted in: TLOU

Posts: 2,675

Price: 2.65

No Opinion

RE: Gilby interveiw1 Jun 2021 11:52

Brad we've had the 2MW Interim PPA for over a year, but for what purpose now I have no idea - therefore of course the one under negotiation is for 10MW. As others have said all he's done here is to confirm they're at an impasse and that, despite comments to the contrary over the past year about the interim PPA and the recent fund raise enabling us to crack on, our future is still firmly in the hands of folk who seem to have little interest in progresssing anything. In the meantime he's trying to look busy and leverage some progress with alternative options."

I can see why Appi is in my "worthwhile" mamory bank though - he says what he thinks without thuggery or pulling of his punches.

I saw this on my way to the above post! Made me smile!

I explains why I considered him worth a memory or two?

His history is worth a read on https://www.lse.co.uk/profiles/appiamma/

This one makes me smile

"Appiamma

Posted in: TLOU

Posts: 2,675

Price: 2.80

No Opinion

RE: Omigod scariant2 Dec 2021 17:18

I don't often agree with Brad's posts, nor do I think his constant off topic rambles are appropriate. However, as a human being, I do understand and empathise with his situation and as a consequence am willing to give him some latitude. I've been happily married for 35 years - the thought of being in Brad's position allows me to do this. I am in no doubt that you Moagi have no mitigating circumstances for your unrelenting negative behaviour and constant stalking of Brad (and others) on here. Therefore your comment of 'get a life' really got up my nose. If there is anybody on here that needs to get a life it is you - Brad is just trying to bring something tangible into his, whereas you seem to be on a mission to urinate on everybody else's"

Now I have resolved to abandon this placing , I get a reply from IG!

Problems? What problems? No explanation why my corporate actions evaporated on the 19th and it looks like they are unaware of my anxiety?

Here is their email ....

"Hello xxxxxxxxx,

Thank you for your email.

The IG deadline date for the rights is 30/01/2024 and we will deduct your account on 30.01.24.

Make sure to have sufficient fund in your account to match the election.

Please let us know if you need further information.

Regards,

xxxxxxxxxx

Corporate Action APAC"

You are priceless BOTS .... not a word about my detailed progress and encouragement to other shareholders with ASX holdings until I resolved the issue for myself alone.

Why do you think I share my experiences on here? I hope that someone who knows better than me will tell me!

It rarely happens but I appreciate being told (it is the only way to learn imho).

Appiamma (sp) is the one exception. When Liz was dying I missed an RNS that would have changed my view on something. Appi realised that and asked, or told me, abot the content of that RNS. It was news I was waiting for , fairly important news , and it should have been obvious to all of you that I'd missed it.

I know I am a maverick - as a 12 yr old at school the teacher gave me 6d to buy a bun at the tuck shop when everyone in the class agreed on an answer to a maths problem. Anyone else , he asked? And I gave the correct answer. I am stubborn when I think I am right but want to know when I am wrong AND WHY! You tell me I am wrong all the time but never say why or your reasons are laughable, BOTS.

You are wrong ALL THE TIME .... Sekaname were never going to overtake TLOU , Karma is never going to raise a revolution , TG is going to succeed for his hat-trick , and the Doc will be a billionaire off the back of TLOU.

It seems as though I am dealing with the Asian office (APAC) so likely to be Sydney rather than London so do I fund my account or not? c'mon Donks what should I do? Is it going ahead or not?

TLOU are going to be the death of me - my buy just appeared as a sell - and I thought I'd hit sell instead of BUY with the spread showong as 1.5 to 1.6 !!!!

I tentatively looked at my contract note ........

......

Position: opened: Tlou Energy Limited (LSE), Buy 46121 Shares @ 1.5

was sweet reading!

Slightly recovered my position.

Sold at 3.1c last week which is 1.61p an apparent loss on 3.5c (1.82p) that I expected to pay on the placing!

Did a dummy buy on a fixed quote and was offered 1.5p a profit on my 1.61p sell on ASX!

Did an fx conversion to GBP , moved the GBP to my share-dealing account to add to my contingency float ,and bought on AIM at 1.5p Sold 32k and bought over 46k!

All that is left is to stop my ISA transfer to IG transfer and I'll have dug myself out instead of going to the omnbudsman and suing IG for compensation.

But how many hours have I wasted on this. And at 1.5p to buy on the open market who wants a placing anyway?

I recall Donkey wondering how the money was going to be used?

That booklet includes this ....

https://drive.google.com/file/d/1ykZ7toclEV_u1_uXLkxwxgaFKG3gDaaj/view?usp=sharing

I have not studied it yet , too busy trying to get it into Google Drive after failing to put it into Icloud drive and avoiding Onedrive!!! Too many drives for my weary old brain.

Thanks Winni , from your half of the offer booklet I managed to find the full document for the first time.

That tells IG fair and square that I am ruled out so I should not have been included in this placement.

"Shareholders that are not Eligible Shareholders are Ineligible Shareholders. The Company

reserves the right to determine whether a Shareholder is an Eligible Shareholder or an

Ineligible Shareholder." {Some hope - IG might be using this to challenge TLOU?}

"The Company has determined that it is unreasonable to extend to Ineligible Shareholders the

opportunity to participate in the Entitlement Offer because of the limited expected take-up from

these holders and the cost of complying with the applicable regulations in jurisdictions outside

Australia, New Zealand, and Botswana." {No hope - a reason why I was ruled out}.

"The Entitlements of Eligible Shareholders who also hold options to acquire Shares or

convertible notes will be calculated on the basis of the number of Shares they hold on the

Record Date, disregarding any options or convertible notes which have not been exercised or

converted before that time."

So if this is the definitive rule book , TG is absolved yet again.

I was not sent it for obvious reasons but how was I supposed to see the above?

I depended on the RNS which suggested I was ineligible but were overruled by IG imho.

If I had known this earlier I could have transferred the Cash ISA while CBA were $113 per share.

They have risen to over $115 per share - two dividends per share per year at over $2 per dividend!

How many TLOU shares per dividend? about 66 currently? I'm 99% confident I should stop my Cash ISA from being transferred but that niggly 1% tells me that I could eff IG plans on the placing and I might screw myself! I need to make a very awkward phone call but I know I'll coque it up with my memory. I won't remember what they say if they have the usual foreigner trying to understand my position in the first place.

I am beginning to wish I'd never heard of TLOU Energy.

In another paragraph !

So I hit a brock wall! But what about people with the right zip code in that longer paragraph? Will they think they can trade aim shares? And will they suffer the same fte as i seem to have?

I have not breached AIM rules , and they would! I nearly sold over 410k hares to cover my non-ISA application from my pocket. I was expecting over a million shares in that account! That would have been a total washout!

As it was IG only sold 32k out of 232k in auction - TLOU brings o little joy!

They should have made it clear to all brokers what eligibility rules applied - we all expect our broker to know!

I just sent a long post which quoted the history of this placement from my pov!

It came back - are you human? - I ticked YES and it got lost!!!!!!!!!

I was angry before that!!

"· The offer is open to ASX and BSE shareholders only;" - a KEY POINT - so YES I am eligible

"Shareholders who hold shares on the Record Date, who have a registered address on the Company's register of members in Botswana, Australia or New Zealand are eligible to participate in the Entitlement Offer. The Offer will be made available to Shareholders who are resident in Botswana subject to the Company receiving approval from the BSE" - in another suggests NO!

IG added placement to my Corporate actions - so YES again!

I sold shares at a loss, paid some contingency cash into one account to cover FX variations , split my late-missus ISA into two ISAs and set up a transfer for the smaller one to IG.

And it seems , after IG ignored my pleas for a progress report - that on 19th TLOU kicked my application out - IG removed my corporate actions from history - and nobody told me!!!!

So much time and money wasted to try and help TLOU on a loss leader for NOTHING.

I am beginning to doubt TOU - what a coque up! I wonder if IG are trying to restore what I thought was the status quo - embarrassment all round!

Interdictment is probably the wrong word?

Indictment is more likely?

https://wikidiff.com/indictment/interdict

We saw in the last quarter that Massisi was taking an interest in Energy. He probably has a lot to learn because it read to me that he was paying lip-service to Lefoko ideas without a great understanding of what he was saying, It would surprise me if Lefoko gas been told to sit on his hands until Massisi is happy with his decisions,

We also know Lefoko was pro-active during Covid when he awarded TLOU a PPA that I have never been convinced that TG wanted until he could firmly base the PPA on the prices of power that were fair at the time of the PPA. Getting a PPA whilst TLOU were shutting the hatches for impending lockdowns and an unfathomable dormant period was the best timing imho.

TLOU always believed there were markets awaiting their electric power and finding a buyer was the least of the possible problems they'd face. That was and is my opinion too!

I hope the Govt are not expecting brown paper bags to be exchanged for signatures but that is the African way of doing business in some countries.

This article does not deny that possibility but it depends how you read it perhaps?

https://www.ganintegrity.com/country-profiles/botswana/

Well done Pye, shows the test is a little credible? All I got was an email ....

"Thank you for your interest in the IQ Test at IQTest.com.

Your free IQ score is: 132

You may login at https://iqtest.com/ at any time to purchase your Complete Intelligence Profile or The IQTuneUps, or edit your account settings."

Did you pay for the Profile or did they give you a summary including "moderately gifted"?

In the final session of questions there was one question I dd not understand at all.

It involved two sets of 4 words I think. And were the sets related or something like that?

I guessed rather than lose time to work it out (or remember the full question it seems).

Have not heard from IG yet except my ISA broker has everything he needs to do the ISA transfer so the timing is now down to him. No corporate actions current or planned worries me! If I am not accepted for a placing I might just buy CBA at $113 aud for their dividends and wait for another TLOU placing (if they have one). It might be a blessing in disguise however it transpires. The ISA money was not guaranteed in the cash ISA but is on the Trades ISA though I cannot sell CBA and hold the proceeds in AUD! They'll be automatically converted to GBP!

Hopefully I'll be able to buy CBA on ASX with the dividend cash but hopefully TLOU plcement is not dead yet.

Poppy walk time.

The placement process is worth talking about Donks.

At the moment it looks like I have taken funds from my missus's cash ISA to transfer to the placement and IG have no plans to request up to a million or more shares on my behalf!!!! TG is blighted whatever he does it seems.

He opened the door to me to apply for excess shares , happy days , and it looks possible that I will end up losing my entitlement because the funds were not in place for the original date???????????????????

I am sure IG has messed up but will they sort it out in time? And how many investors have backed off because they think the broker knows what they are doing?

It has not helped that AIM is excluded because the London Branch is not involved over here, and probably don't give a toss. Meanwhile, the Sydney branch are probably unaware that there is appathy in London? And TLOU could pay for that situation, along with some shareholders.

IG are confusing me!

The orignal funding date was the 19th Jan, extended to the 31st, for the placing!

Corporate Actions on IG (number of entitled and excess shares you want to apply for) disappeared on the 19th!

I have written to them to ask wtf is going on because I need to know whether to continue with my ISA transfer and out of pocket funding or not.

I know some of you use IG , are you experiencing the same confusion?

Sunshine sold for $1Bn .... Half the shares worth half a billion AUD

Arrow sold for $3.5Bn ... Half the shares worth 1.75 billion AUD

TG moved to Botwana for better prospects than Australia offered , $30 instead of $10 - $12 back in 2010 - fuel prices are rising and have risen since then. The Doc ain't far off owning half of TLOU ..... does it take a lot of imagination that TLOU with Solar and CBM markets waiting to be supplied by a whole continent rather than one country in the corner of the world cannot reach the heights of Sunshine and Arrow and beyond. And that ignores Hydrogen which the former two had no prospects to develop.

I have believed this for 10 years which is why I am still here ..... we all wonder why Donkey is??? 10 years wasted in a company that cannot match Sunshine in 2024 after 19 years of experience of Oil and Gas for TG?

Is he naive as well perhaps! And is the Doc too? And the Pension Fund board? And Massissi and Moagi?

All have hung around for up to a decade to support CBM power and Solar , now why is that???

Https://iqtest.com/quiz/iq-test/

Just completed this expecting a pretty lousy score because recent quizzes clearly highlight how poor my memory is. If the result is accurate mine has dropped from the BBC test years ago but is still pretty good.

The BBC test took age in account so young people were limited to 136 , whilst I was not which was weird.

I need to pay $15 to see which ones I got wrong etc but they produced a score of 132.

It will be interesting to see what others think of it - it is like no other IQ test I have done!

Https://www.aimlisting.co.uk/results-of-entitlement-offer-tlou-energy-limited/

That article shows how much the shortfall was last year. Less than 15% take up from shareholders is ugly and reflects how much the ordinary man in the street is feeling the pinch or is already invested up to his limit and cannot justify putting in more cash with no prospects of a return on that money short of selling some shares i.e. gambling on the price rising! After years of low interest rates 5% looks pretty good nowadays. Especially if you can meet your mortgage repayments and energy bills and living costs???

Imho and in my circumstances , living off old age pensions that raise way below the average salary , I could not buy my house at its 2004 price dat less now and I cannot see how property prices can keep rising. Zoopla estimated mine has doubled since 2004 which cannot be true surely? Using the criteria I had to get my first mortgage people need to be earning well over £100k pa to buy it at Zoopla prices. House prices must collapse dramatically surely? Meanwhile those 1p+ shares in TLOU I have bought and hope to receive next month are possibly about to rise by a minimum of 300% this year - 5p a share almost doubles my complete holding.

The house and garden need tarting up so £10k on the garden and another £10k on the house will be money well spent if property prices don't drop drastically. I have given up hope of buying a Hydrogen powered motorbike so a Hydrogen powered Winnebago is my next target :O) Only joking!

The Doc is going to be a billionaire if he isn't already.