Member Info for BradSmith

Winni, TG has been putting a positive slant on everything until Covid and has received nothing but abuse back. And the share issue failure was the final kick in the teeth? So he has joined the shareholders and has muted his opinions while the project , slowly but surely , gets to the point where we'll all be shouting the odds , most of us perhaps!

Did a small top up @1.85p and 1.833p.

Donkey deserves applause for his clap-trap. Years ago Australia was making AUD 10 - 12 for electricity , and AUD 30 was conceivable in Botswana. Both figures have no doubt risen but if TLOU are suffering from low prices for power compared to supplying gas then how bad are things for Australia. If we had stuck with the idea of selling gas itself , I wonder how much we'd have spent on cannisters , secure storage, lorries or pipelines to sell the amount of gas that we all assume is not that plentiful until now? We'd have been saying we could have built TX lines in the time the plant has been depreciating and we'd have been right! Personally the decision to go the CBM electricity power route looks justified. BPC will adopt the TX lines so the maintenance costs are zero , and I cannot see them paying a pula for virtual pipelines, diesel , lorry costs etc.

#4 mods and #6 appear to synchronise selling gas or generating electricity?

However , had we stayed with gas supply , we'd have had the TX lines and substations costs to throw at more drilling so the gas could have flowed much earlier? A pre-Covid income seems possible which would have put the SP into profits for most of us. Depends on the costs of the virtual pipeline though.

The same source does give TLOU coverage elsewhere .... Africa news sources are very iffy. How is KSE the only one?

https://www.esi-africa.com/finance-and-policy/tlou-energy-and-botswana-power-corporation-execute-a-pilot-ppa/

Sorry HB , I am unhappy publishing this because it gives KSE a false reputtion imho!

TLOU are going to be FIRST to supply BPC timewise. It will be a small target but by the time KSE deliver , TLOU will be putting up more poles ad wires having expanded multiple times.

https://www.esi-africa.com/top-stories/botswana-s-first-ipp/

"Karoo Sustainable Energy has NO CURRENT CONNECTION TO Kalahari Energy"???????????????? Donks earlier.

QUOTE FROM THE LINK....

"KSE was formed in 2008 to develop, own and operate a 270 MW coal bed methane fired power station in Botswana that would sell capacity and energy to the Botswana Power Corporation under long term off-take agreements.KSE and its sponsors have extensive experience in developing thermal IPPs from conceptualisation through to commercial operation, including the mobilisation, hiring and training of operations and maintenance staff.

**************************************************

* KSE is owned 50% each by Kalahari Energy (KE) * and Turna Energy&Environment,

**************************************************

a Cyprus company that is the international business vehicle for Tuten Ltd. KE has been a pioneer of coal bed methane (CBM) development in Botswana since 2000 and can be credited for conducting successful initial CBM exploration that created the current CBM enthusiasm in that country. KE is also the only Botswana based group with the capability of providing well completion services for CBM gas production. Tuten is a boutique power project development company based in Istanbul."

I'll put my bag down now - i.e. rest my case

Lordy Lordy Donkey!

View this link ...

https://www.globalmethane.org/documents/toolsres_coal_overview_ch3.pdf

Search for Section 3.2.3 and you'll see these words in this paragraph .......

"The main companies that have carried out significant CBM exploration activity in Botswana are

Kalahari Energy (now Karoo Sustainable Energy), Anglo Thermal Coal (formerly Anglo Coal

Botswana) and Tlou Energy (TLOU). Kalahari Energy (KE) has been actively pursuing CBM

development since 2000, and in 2008 drilled a five-well pilot program that is currently in the

production testing phase. This was financed with a U.S. Overseas Private Investment Corp (OPIC)

$8.5 million investment guarantee for the purchase of equipment and the drilling of wells. In 2009,

KE formed a joint venture with Exxaro Resources to perform ongoing exploration work and

completed a five-well production test in late 2010 (KE, 2010). KE, which continues to pioneer

energy growth in Botswana through coal-based methane exploitation, currently operates the small

90-MW Orapa power plant and is in the process of developing a new 180-MW power project in the

country (EN, 2012)."

You'd better tell them you know better than they do, and stop deriding stuff I prove was said (whether it is true or not).

Drilling is necessary to dewater pods but progress is dependent upon that dewatering so progress cannot be taken for granted.

As for Sekaname , part of Kalahari Energy , who are now Karoo Sustainable Energy , who knows what is going on.

Finding information about either is tricky. KSE are involved with Botala in some way but I cannot find the article I saw when looking for Seka last month. Seka news seems to end in 2019 when I think they dropped out of the race with Tlou.

TLOU have an agenda that can be measured - Botala are years behind us. We got involved with Synergen after TG and Pure Hydrogen met. They recommended SM to us in fact. SM were in cahoots with Pure Hydrogen and TLOU looked to be a better source of CBM for SM than Pure Hydrogen were. If Covid lockdown had continued I wonder whehter SM would be producing non-green hydrogen with our gas and their original lance. I wonder if that actually works? Pure Hydrogen tried a French CM/Hydrogen outfit after we merged with SM. They look desperate to find CBM. Cannot decide if they are allies or opponents to Tlou and TG.

The optimism this thread brings encoraged me to read the last progress report (RNS) and it looks very upbeat today.

"Lesedi 4 and 6 drilling successfully completed

Ø Lateral wells of the Lesedi 4 production pod have been successfully redrilled

Ø Drilling of Lesedi 6 production pod was completed earlier

Ø Dewatering leading to gas production can now commence on Lesedi 4 and Lesedi 6

Production Wells

The successful redrill of both lateral wells of the Lesedi 4 production pod has been completed. As reported previously, drilling has also been completed at the new Lesedi 6 pod with both lateral wells (Lesedi 6A and Lesedi 6B) successfully intersecting the target vertical well (Lesedi 6P).

The aim of redrilling the Lesedi 4 wells is to provide straighter lateral sections compared to the original wells. The Lesedi 4 pod has flowed gas for a number of years and these straighter laterals are expected to assist with removing water from the reservoir to more efficiently dewater and flow gas."

TG might have expected us to generate some excitement , but I think LTH are so jaded it would need an atomic bomb to excite some of us. The exceptions are Donkey and Whizzer who have moved up the pessimism scale to no opinions :O)

The RNS is a bit of a puzzle. I knew #3 and #4 were at different depths in the main shaft and this was causing a misbalance in air pressures. I understood the flows were from one to the other, maybe even alternating, instead of both feeding the vertical shaft. The temporary solution was to shut off #3 and depend upon #4 for a few years. The straightening of the lateral wells is a bit confusing unless the level varies vertically when water can sit in a u-bend and stop the gases - like a loo!

Practice makes perfect and #6 does not seem to have taken very long. #4 is better than #3 despite starting later, so if #6 is better than #4 and #4 has improved there is hope for us this year? Those 500k purchases are making me wonder if MM is about to return to our fold?

He held 6 figure shares and it makes sense to me.

Bing is useless - never found this but Google did.

https://www.justgiving.com/crowdfunding/myahhauxwell

The money will be well beyond £15 after the BBC interview this morning. And Chloe Wade appeal looks a bit dodgy. She is into Bitcoin and another appeal for herself and her pets.

I hope the Hauxwell's get that money.

She is 9 yrs old and the americans have a fancy replacement eye which they claim will look natural because it has sensors which vary the appearance according to the ambience and the false eye should match the good eye.

I thought they'd have raised the £15k by now but the site I found has gone quiet with only a handful of donors. This is an individual trying to raise £200 for her, and that has been surpassed, but I cannot find any other fund raising. The England Women's Football team and Jill Scott are trying to help so that may be worth following up.

https://gofund.me/b9516b76

RFA,RFQ or this? An adjudication period?

"Botswana: CBM schemes selected

Issue 394 - 14 Jun 2019 | 2 minute read

The Sekaname and Lesedi coal bed methane (CBM) projects have both been selected as preferred bidders in a government tender for up to 100MW of CBM power following a long-drawn-out tender process that only involved the two projects. The process is not over, as the pair have entered what the government calls an adjudication period in which the project sites will be inspected, and the companies must negotiate 30-year power purchase agreements with Botswana Power Corporation."

source https://www.africa-energy.com/news-centre/article/botswana-cbm-schemes-selected

So we were the Lesedi CBM project. And it seems reasonable to assume Sekaname bit the dust during that adjudication period. Bidder does not suggest more than a transient state to me! TLOU have a PPA for 3Mw , extending to 10Mw , a higher status than a bidder surely?

Bit of a gold mine for info that link, page 4 includes this!

"The main companies that have carried out significant CBM exploration activity in Botswana are

Kalahari Energy (now Karoo Sustainable Energy), Anglo Thermal Coal (formerly Anglo Coal

Botswana) and Tlou Energy (TLOU). Kalahari Energy (KE) has been actively pursuing CBM

development since 2000, and in 2008 drilled a five-well pilot program that is currently in the

production testing phase. This was financed with a U.S. Overseas Private Investment Corp (OPIC) $8.5 million investment guarantee for the purchase of equipment and the drilling of wells. In 2009, KE formed a joint venture with Exxaro Resources to perform ongoing exploration work and completed a five-well production test in late 2010 (KE, 2010). KE, which continues to pioneer energy growth in Botswana through coal-based methane exploitation, currently operates the small 90-MW Orapa power plant and is in the process of developing a new 180-MW power project in the country (EN, 2012).

Anglo Thermal Coal embarked on a major CBM exploration drive, which started in late 2008, with the aim of delineating gas reserves totaling at least 110 billion m3 (Bcm), sufficient to justify construction of a dedicated synfuels plant. In March 2013, Anglo Thermal Coal emerged the winner of some 23 applicants for the coal blocks – the Mmamabula South and Central blocks – which are adjacent to the Mmamabula East property owned by Jindal Steel & Power, the company that recently bought CIC Energy (MiningMx, 2013). The former Saber Energy drilled over 80 exploratory holes on their lease areas from 2008 to 2010 to test coal gas content and permeability.

Saber Energy was acquired by TLOU, which merged with Talon Metals Corporation in 2010. Following acquisition, TLOU performed pilot horizontal well drilling and in the coming years will prepare updated reserve/resource statements, complete marketing and commercialization arrangements (i.e., contracts), and continue to consolidate/upgrade the resource classification through additional exploration drilling (TLOU, 2013)"

Like I said weeks ago, I think Saber is being confused with Sekaname? Sekaname was created purely for the 100Mw tender. The Saber deal came with "royalties" - Donkey said they were payble to KE (if I remember right) but it looks more likely to be Anglo Thermal group of companies above. I'll give up there and leave you to read the link if you fancy some actual facts.

Https://drive.google.com/file/d/1aunq-PRqeWhD9Beq56gjEiEpk-fbKmbL/view?usp=sharing

Sekaname seem to be missing - how strange is that?

from page 2 of https://www.globalmethane.org/documents/toolsres_coal_overview_ch3.pdf

How did Sekaname pre-date KE or Kalahari Energy which does not get a mention in your criminally misleading post. There is enough about KE in my links to show walob you are talking.

Sekaname deflected some interest away from KE's involvement with Mossack Fonseca which made their acceptance as KE in Botswana very doubtful. You write off evidence without even looking at it , whilst supplying no evidence of your own assertions. I'm adopting your approach here - DYOR on Panama and MF. They are still under investigation many years after I first became conscious of their involvement and wrote off KE as genuine opposition to TLOU. Was MF going to fund their bid perhaps? That would have been an interesting partnership! Plentyful brown bags no doubt.

KE are after Hydrogen and Carbon too!

https://yourbotswana.com/2022/12/01/carbonmeta-technologies-and-kalahari-energy-botswana-sign-agreement-to-process-coalbed-methane-into-hydrogen-and-carbon/

No wonder the Govt has difficulty keeping up? Sekaname are mentioned so their 97Mw offer may be alive subject to them fulfilling the RFA or RFQ and anything else they need to do?

There was a tender process for 100Mw with a closing date , extended for two preferred bidders, so what happened to the revised closing date? I cannot believe the 97Mw offer has not been withdrawn. I am sure a new one will be readily available or will it?

Moagi said Botswana expect 645Mw by 2026 a couple of years ago - time to review his figures and dates methinks.

Version Islands? Where did word check get that from?

AI denying the existence of the British Virgin Islands for some reason perhaps?

Donkey has never believed my version of Sekaname's history.

I maintain Kalahari Energy entered the ring with TLOU but mysteriously created Sekaname to represent them as a Botswana company. KE is based in the British Version Islands!

Donkey never watched my lips so perhaps he'll listen to this?

https://vtdnntts-eu.readspeaker.com/cgi-bin/voicetext/67b3c4b53f7bf4b8ce4e2c6a3994ba2d.mp3

https://digitgaps.com/report-store/sekaname-pty-ltd-company-profile-financial-and-strategic-swot-analysis-mergers-and-acquisitions-partnerships-and-investments-news-key-profiles-and-competitors-report/

shows the relationship between KE and Sekaname.

Whether KE(Botswana) is Sekaname with a new name , I don't know , but it seems possible.

Since the voice link I am fairly certain that the 97Mw offer died for the reasons I have always spouted.

i.e. KE needed a large PPA to give credence to their presence in Botswana. Sekaname was created to that end also! IF the Govt only offered them a small PPA then they would drop out , leaving TLOU as Hobson's Choice.

The Govt pulled 100Mw out of the air to appease KE , because TG never wanted a big PPA because it would set the price at 2018/2019 levels for however long it took to achieve that PPA supply.

He begrudgingly agreed to 50Mw each - as was the word on the street in most articles - I reckon he was delighted with the 3Mw - 97Mw split because he expect energy price to rise with time.

KE were involved with something in South America that was considered dodgy in certain quarters - so Sekaname was possibly a diversion - both companies are difficult to get information on but I remember a report saying Sekaname had opened an office in Gabarone and their staff count could be counted on one hand. They were never credible from the start.

I am happy to be corrected if someone finds evidence (and shows us that evidence) that Sekaname have the sort of history Donkey believes in.

I am not willing to spend £246 to confirm my belief and without Donkey's presence it would not be an issue anyway. My Sekaname memories pre-date 2018/2019 for sure!

RFQ was what I had in mind , please excuse my merging PPA and RFA into RPA in the earlier post.

To avoid more typos this was put an end to Sekaname in our tendering session.

Whether they got a new PPA as Botswala (if that is fact which I am not convinced about) is another story. As far as I am concerned TLOU have all 100Mw by default!

https://www.cobalt.net/rfi-rfq-rfp-whats-the-difference/

Why would the Govt pay the second preferred bidder who have been rejected since they were awarded 90+Mw of the 100MW at the Proposal Stage? They failed to respond to the RPA stage so admitted defeat i.e. backed out so they don't have a contract as TLOU do!

"Rfi-rfp-rfa

A well-designed Request for Information (RFI), Request for Proposal (RFP), Request for Application (RFA) describes your needs and existing situation thoroughly and accurately, helping maximize the chance that all the proposals you receive are worthy of your time and consideration."

TLOU have repeated they have all the permissions they require - so Donkey must mean that those claims are excellent news if Govt are of the stick-in-the-mud mentality.

On the drilling - Botswala have a well that will take a bucket of say 18 inches depth so the water/seam has to be over 18 inches deep to fill the bucket?

TLOU can use a much taller bucket if the seams/water is thicker/deeper?

Botswala get their buckets to the surface until they have to wait for the well to fill to a depth of more than 18 inches from a thinner seam vertically and very limited width horizontally!

Meanwhile TLOU have a reservoir re-filling the well horizontally from several hundred yards of tunnels.

Tlou are sparing themselves loads of vertical drills of 500 feet , 98% of which will be non-productive gas wise, preferring to finance over 4000 feet horizontally and nearly all of that 4000 ft will be highly productive with any luck.

And our great grandchildren will have precious few vertically shafts to make good instead of a honeycomb of holes making solar panels or the latest technology more difficult to fit.

Not an onion please! They bring tears to the eyes but Donkey's tomfoolery is laughable and sad.

Winni , Donkey admitted to being rumbled is his own ramshackle way which never tells us a thing. He even scoffed that we took so long to rumble him. TB suspected him straight away , I was amazed he could write his early posts without his snide comments. His reference to Ian Karma was a clincher - who else in this world considers his existence relevant to TLOU.

Take this latest interruption - he does not deny that it is likely that Stephen Hemsley is the UK benefactor so he cannot be proved right or wrong with time - like all his posts. Subsequently he will tell is he was right all along? He sits on the fence , legs astride it , and then chooses which leg to pick once the position is clarified. A rare occurence at Tlou nowadays.

Dewatering rates and gas flows are what most of us want detailed news about but these have been neglected since the start of Covid and earlier. Personally I'd like to hear how Synergen Met are getting on (or off) with their Hydrogen lance. We don't advertise budgets for SM so I reckon green hydrogen is a goner (from them) and other colours (which might be achievable iif SM are credible) is still outside the TLOU manifesto for green energy. I still fream of buying a Hydrogen powered motorbike with profits from TLOU but I'll need to rival Methusala's age at the current rate of progress. A 72% rise in Electric Car Insurance is another nail in E-vehicles surely? Hydrogen heads and engine blocks capable of over 400k miles (diesel combustion engines) are the answer to recycling that billions of batteries from E-vehicles are going to be the biggest disaster ever?

Maybe TLOU could create a scrap yard for car batteries and recycle them to store solar energy?

Delivering the scrapped batteries is hardly green though. And what a mess?

Recyclable batteries are essential if they go the e-vehicle route. Sorry this is so long - I a trying unsuccessfully to get my mind off Jewish babies in Israel.

I appreciate it is difficult for you to do anything intelligent Donkey.