Member Info for BradSmith

QED on Donkey criticism applying to him rather than his target.

A post that could be made inside a glass house , on topic , and he throws the stones!

And totally eff all about Tlou as usual. Who kills the debates on here? I have put my neck on the chopping block lately in a vain attempt to get posters who can see what I am thinking to comment whether that is for or against. They are doing it.

Why? If they support me then they will become your next target for abuse , and they don't want that sort of attention (because most do post at all).

And if they put up counter arguments they don't want to look like they support you. Why don't you go and do one. A glass boat in a deep ocean is my suggestion.

You provide no supporting evidence whether you are criticising others (the whole population of the world?) or to defend your stupid theories. A six year old could beat you in an argument , but they'd have a brain that has been used for longer than your's. Tlou have moved on to an AI project and it has escaped your notice!

Our partner is so confident that they'll make more profit from our gas than we'll make from the PPA and future PPA's after 10MW is reached!!! If they were not , then they'd never have proposed their hedging strategy which allows Tlou to supply BPC with the gas powered electricity that we have contractually dedicated to Kala (if they need it). After 5 years that will be reviewed but the profits and estimated profits will be apparent by then.

To us if not you! Just realised TOUs is a suitable toast when funding is announced.

We don't discuss details on here - generalisations like we are rubbish convey nothing.

Why did TG stand down as CEO?

There are various possibilities , mainly that it was Dr's orders bit I hope that is not the case.

For me the others are ..

1. He is on 25% of his full salary , voluntarily , and ASX were stroppy about our lack of funds.

It is very possible imh that he is helping finances by not taking any salary by retiring.

2. Doc has the Chairman's post and is not drawing a salary yet, supporting concern of expenditure.

3. Doc is computer literate and has experience of the AI business which makes him a better choice as CEO one day.

4. TLOU are about to engage consultants on latest drillig/dewatering techniques. TG is well suited to oversee the appraisal and verdict as to progressing. Probably a part time role but important all the same.

5. Will TLOU borrow money to pay salaries? I doubt it somehow. So TLOU will want their 25% of profits to be worthwhile. 1MW of Solar costs (and 5MW for the PPA) and bringing the Grid at Serowe into play , is justifiable.

And it will suit both partners , and BPC, to maximise earnings on both fronts.

6. All of this is possible in 2026 as long as the panels are available for delivery.

There is every reason to be optimistic imho.

#stack397 5/5

🌟🌟🌟🌟🌟

⏱️ 6m 17s

🔥 streak: 4

puzzlist.com/stackdown

At last Py! Followed TG maxim, one step at a time, so looked for the next letter not the whole word.

6m felt good and I was not tempted to reveal the hint at any stage. And the hint makes it too simple.

I'm getting better at the stacked numbers since I started looking at the rows and columns to decide which swaps were impossible.

Why hasn't Bots been charged more like?

He should be liable having lied about TG telling us lies so many times. Liable for libel and unreliable.

What lies did he ascribe to TG?

In no particular order ...

We can sell to the South African Power Pool (SAPP) if BPC default on payments (as Donkey says they will) or refuse to accept our prices offer too little for our energy.

Interest free loans are suffering from catch-22

Once we authorise work to resume TX lines completion, and step up dewatering and drilling , then we need the funding. But until we are funded , we cannot risk ASX's wrath by overspending. So nothing is progressing that costs significant money.

Doc has agreed to keep us within the ASX rules for a short while, but we cannot expect him to underwrite the whole shooting match.

Gas Flows now have an outlet in the form of the Data Centre , so we need the channels to be cleared. And then there is Solar. 1MW seems set in stone, but TX lines need power to test them out. Is another 5 likely?

Funding by Mayday was my guess a while ago. Still think that is on. But how many activities will they fund in tranche 1?

Thank you Winni for your measured response to the filtered one messages.

He has spent a decade calling me a fool and I was easily qualified for Mensa , though never joined, but whatever he calls me, throughout that time, nearly always reflects upon him, not me imho.

He has never realised that I will continually deny his outrageous opinions and spouts them Trump-like (another insult he said applied to me, but mirrors him) on a whim.

My stance is that Tlou tell us as it is, and that applies until they tell us differently. TG's has honoured his words forever - obviously events changed his intensions a few times but they were not foreseeable RFP and Covid were the main ones. Synergen Met was a shot to nothing during Covid and they were over optimistic in their hopes for Green Hydrogen within 6 months of creating Blue Hydrogen. TG did not commit us to much (3 million promised after SM's failed IPO so was postponed indefinitely) and we extricated ourself from that painlessly. And the partnership may still be possible if they create a working Green Lance, but it will be subject to Kala's agreement no doubt.

Kala are not telling us much , but surely they are nearing first funding arrangements. Whether our funding account has been debited for the two generators from the December 9th delivery is unclear. Are they assets that Kala have snaffled for themselves as part of the Data Centre kits, or are considered to be Tlou assets in their quest to be the power behind Kala?

We are entitled to 50% of their profits so the latter seems logical. But did we have a say in how they are used?

I expected one each and I think AI said they were in Kala's budget, not ours.

We need an announcement soon.

I reallyenjoyed writing this on the other board!

Sums him up perfectly in my foolish brain.

"You are the definitive oxymoron GtP with or without a silent p as a prefix!

Oxymoron start = " I disagree with you on probably everything to the extent you bore me to bits with your endless posting of why Tlou and Kala are going to be a monstrous success."

Oxymoron finishing sarcasm = "Did I read that you said the purpose of a chatroom is to discuss Tlou? Based on your LSE contributions, that did amuse me. "

Make up your mindless poxyness GtP. Botswana is dying according to your drivel on here, and then when it suits you they are sensationally going to power the whole of the southern region of Africa by working with Arabs! Their Arabs are apparently better than our Arabs?

You really are the leader of a country!!! Bots_projects from a Donkey my rrrrrrrr's! "

I have not renewed my passport because I did not want to leave Poppy after Liz passed on.

A visit to Botswana is now possible and I have been trying to estimate the cost from Bournemouth airport (BOH) and Gaberone (GBE) . The flight only sites are virtually unintelligible to me , even AI struggles with them afaics.

The summary shows the cheapest as £30 return which, unsurprisingly , there is no trace of in the linked page. I started off getting quotes between £700 and $900 , but after a couple of hours that seemed to rise to over £1400

I haven't yet looked at Package tours but have any of you got recommendations for a brief holiday out there.

I'm flexible on how long I go for and ended up getting no flights with 3 days grace on the start and end dates , and open airports in each country.

Donkey put out a thread on Hot copper telling us about the Sultan of Oman funding a 500MW solar farm near Maun. President Boku was instrumental in this.

500MW is planned to be 24/7 through the use of batteries which sounds horrendously expensive to install and maintain.

Why is that on the Tlou pages? Tlou has always tried to live within it's means - building small and expanding - the total opposite approach. Kala seem to use the same approach but their small budget is likely to be MASSIVE from their AI world when compared to the CBM extraction world.

The cost of a few wells, tx line completion , 6MW of solar is likely to be peanuts.

For those peanuts that have the acreage of 6 x Greater London, 40 years of gas that we know about, a proven CBM to electricity, and a company on it's third mission in the CBM industry after $1bn and $3.5bn successes in Australia. The mutuality factor is staggering.

This was my reaction to his post ....

"Where have they been these last 18 years?

CBM is not RENEWABLE and yesterday's Solar power is gone too, never to return.

And if the sun needs to be renewed then Botswana and the rest of the globe will be gone forever. Oman is over 4000 miles from Botswana, so why are they investing in a broken down country with no money, a dying diamond industry, a BPC grid operator who is millions in debt and cannot pay their bills etc etc; loads more that GtP keeps telling us about.

He does more U-turns that the labour party?"

You can see the 10MW was raised in 2020 and concluded in 2021!

Slap bang in the middle of lockdowns when Tlou were in excessive danger of collapse. This was Moagi's attempt to bolster the company in it's darkest period. Little did he know that TG was over the moon with his PPA for 2MW because he was certain that the prices were only going to rise with time; he wanted those prices on the table, not 2020/2021 prices.

AI is fantastic , concise answers that show what the question was - perfect!

"Yes, the Botswana Power Corporation (BPC) was content with the arrangements involving Tlou Energy and the Kala Data Centre. According to a June 2024 discussion on the LSE ShareChat, BPC agreed to allow Tlou Energy to postpone delivering the first PPA of 2 or 3 MW until the company had sufficient gas to provide a stable source of power, as Tlou faced funding constraints and an inability to deliver immediately.

While Tlou Energy signed a 10 MW interim power purchase agreement (PPA) with BPC in 2020, and later a full 10 MW PPA in October 2021, the relationship with Kala involved a specific operational priority where Tlou focused on supplying the Data Centre first to ensure stability. The consensus from market discussions indicated that BPC, faced with a supplier whose funds were in peril, was happy for Tlou to postpone the initial delivery until the gas flow could be made consistent, prioritizing the immediate success of the Kala Data Centre pilot."

Australian Critical Minerals Limited lost investor Terra!

ACM from TOU is a strange typo?

A man who has a replacement as CEO who is more than au fait with AI , who more money invested in Tlou, and has interest free loans available to build the original Tlou , share their own profits 50-50 , a take the funding back by withholding 75% of those profits as and when they are available; No profit - no repayment and the loan continues at previous levels for a further period , interest free , so costs Tlou nothing other than no 25% dividend for the period in question.

And the PPA rolls on for Tlou with nothing to repay out of BPC earnings.

We need ratification from Kala that this is their plan. I firmly believe it was scheduled in late 2025 which was why Tlou spent $6m in the last quarter! Doc has secured Tlou with ASX until Kala announce the new schedule for funding. They are where they expected to be before Xmas so that announcement is imminent imho.

Will BPC earnings be eligible for repayment is my major concern. That would put Tlou at risk if so but the agreement from March 2025 seems to say Kala are not considering those profits for loan repayments.

It would be a U-turn of gigantic proportions imho and I think TG has left us in a fantastic position.

TG and most shareholders are still invested despite a fright on Hot Copper that showed a major shareholder had dropped his holding to a percentage threshold. If that was Doc or TG I was about to suffer heart failure!

Was using Brave and the history reveals this!!!!!

https://hotcopper.com.au/threads/ann-ceasing-to-be-a-substantial-holder.9103057/

I thought Terra Capital was the shareholder but maybe that is the company who lost the shareholder!

Tlou is always top of the dropdown so I select it blindly.

All's well that ends well , as Willy said so don't go off on one Donkey. Trading is still virtually non-existent on Tlou. Major holders in place. And those few trades are gifts from sceptics (of which there are too many).

Whoops, Solar alone is not the answer on it's own - it can boost the CBM power during daylight in real time and can hopefully verify it as a temporary supply for both our customers during daylight. While that is being done, TLOU will be improving the CBM side of things with Solar brought forward on the critical path we expected.

Solar may be reserved for use in peak periods to boost the stable CBM baselines.

It will be an issue for other Solar power sources too, so there is a compromise needed to reduce shutdowns during peak periods in non-daylight hours.

WINNI,

Or they spent 15 years trying to get to a position where success was imminent and future funding was not an issue!!

They had that with calor gas /lorries and dumped it in favour of open a power plant and providing electricity to the grid themselves,.

That was dumped due the pandemic and around 4 years of lockdowns that made previous funding problems look trivial.

Then Kala who were looking for temporary gas flares to get their Data Centres or Crypto mining started.

A supply of 4 decades of gas or Solar in an area 6 times as big as Greater London i.e. a permanent self-contained unit that could house the biggest Data Centre imaginable for an indefinite period free was mouth watering.

Not exactly free - they were going to have to keep Tlou alive. Interest free loans would. do that. Taking repayment in the form of retaining a shared profit on the Data Centre was a dream - effectly free loans repaid by the lender over an inexhaustible period was the essiest terms you can imagine????

If Kala comply with the agreement Tlou will at the very least have the original mark 2 power to the grid established plus a debt to Kala. How that would paid is a guess but inder tge terms and conditions of the agreement it. could be argued that Kala failures cancel the loans indefinitely???

But that is not going to happen - the partnership will prosper if AI does. And that lookscto be inevitible?

I really am at a loss to see how nobody sees this.

Priority to Solar energy over CBM makes sense to keep both partners progressing. Tlou can do that whilst wirking on CBM and once dewatered CBM can be restored as the first priority because it is 24/7 on both sides of the partnership.

#6 results are being kept quiet - if they are better than we expect CBM can be restored as the priority. The next quarter will clarify the funding approach and hopefully the gas flows. From there I don’t worry if Solar remains the first option! Income from Solar will accelerate dewatering and the teo paths will converge CBM and Solar eventually.

Then Orapa pipeline from Mamba could follow for our next generation,. It has a few factors that need to go my way but I reckon they are going to with a high percentage of confidence.

Kala look to be the perfect partner

Mine was due to renew on Good Friday but I forgot about it for obvious reasons.

I just had a "how are things going" from last years insurer?

They had renewed at over £300 so I'd intended to switch because the AA charge me around £120 a few years ago. I been charge an increased premium with mine.

Did a price check and the cheapest was £292 and the AA was one which was around what I have paid.

Poppy is buried in the front garden facing the front door. My osteoporosis was too bad for me to dig - I get neck and back pain within 5-10 minutes simply carrying shopping. 4 ribs, clavicle and hip fractures in 2 years is proof.

Haven't ridden the motorbike since the replacement hip was fitted , and no best friend. 2026 is overdue for a change. Fingers crossed Tlou and partners will bring it. Without Poppy I might get a new passport and visit Botswana.

Winni? You are ignoring Solar. Kala know that when Lesedi is dewatered the finings will not be washed along channels to the current extent. Gas flows will not cause the build up of silt and water that is delaying the dewatering.

When that is achieved they'll have ever increasing gas flows to their Data Centre.

In the meantime plans are for Solar but for 24/7 , Kala need to sponsor TLOU's compressing of the flared gas during daylight , for generating electricity at other times. Kala look well catered for.

When dewatering is complete they will have to decide upon Solar or Gas or BOTH.

Gas alone will release their Solar so that Tlou can boost the PPA towards the 25MW limit.

As for the PPA , Tlou want to get that off the ground with 5MW of Solar power. I'd hope the intermittent daylight periods will be enough to prove the distribution process. Will Kala allow the CBM power, from flared gas plus improving gas flows as work progresses , to be used to prove the PPA route to the grid??

That arrangement plus the provision of interest free loans are the imponderables for me. Kala will prosper provided Tlou succeed in their mission to provide Solar and CBM gas.

Selemo was quickly dewatered once Tlou arrived - 2 months was it? - Tlou need the funding for a chance of it happening again. They seem to be attacking dewatering until the Data Centre was delayed, they were short of funds , and had to unwind yet again. 2 steps forward , one step back. Steps will be strides once Kala release the necessary funding, and there will be no turning back.

"The 66kV transmission line connecting the Lesedi project to the Serowe substation is virtually complete and designed to carry up to 25MW of power. The approximately 100 km overhead line runs from Tlou Energy's Lesedi gas field in Botswana's Central District to the existing grid near the town of Serowe, with minor finishing works like switchgear installation pending before energization.

Key project specifications include:

Voltage: 66 kilovolts (kV) overhead cable.

Capacity: Designed for up to 25MW, with initial generation planned for 2MW expanding to 10MW under a Power Purchase Agreement (PPA) with Botswana Power Corporation (BPC).

Completion Status: As of November 2024, the line is under care and maintenance, while the Lesedi substation was over 90% complete with a 5MVA transformer delivered.

Timeline: First revenue generation was anticipated in mid-2025, pending funding and the resolution of gas flow issues caused by coal fines.

The line serves as a critical link to the Southern African Power Pool, enabling Tlou Energy to supply baseload power from its coal-bed methane reserves to the national grid and regional markets. "

Enabled regional markets may be implausible if Donkey's assertions are correct about BPC ruling the line.

But for Tlou to want to supply other than Botswana would mean that they are at odds with BPC trading conditions in the first place. So it might be down to the courts to decide - Botswana courts or Regional courts?

BPC will be able to beat their high prices from Eskom by using Tlou power - that has been a given since day 1 - so it would be amazing if they declined a chance to reduce their losses. Sapp gives Tlou some leverage if BPC and Botswana try to reduce their costs too far below Tlou pricing.

To perform the equivalent of Ctrl+Shift+T on an iPhone, you can use the AssistiveTouch feature to create custom gestures,

as there is no direct way to input this combination using the touchscreen alone. (!!!!!!!!)

You can set up a gesture that mimics this keyboard shortcut through the AssistiveTouch settings.