Member Info for BradSmith

When I moved to Lambeth and had a vote, Labour were so strong it was a near useless vote.

I thought I'd try to save someone's deposit and be useful (maybe). I voted for the subject.

Jeffrey Archer is on TV and said he faced Sutch several times in elections and is still associated with him today. Apparently Lord Sutch reminds Archer that the Monster Raving Looney Party had 8 targets in the first manifesto and today 6 of them have been adopted into law!! Looked them up, without success, but I found this A-Z which I found amusing.

Policies A-Z

The A-Z of the OMRLP Manicfesto Just a sample of what you’d get by voting for insanity – you know it makes sense!

A.AIR bags will be fitted to the Stock Exchange immediately, ready for the next crash.

B. BRITAIN will exit Europe and join the Duchy of Cornwall to benefit from tax exemptions.

C. CAPITAL Punishment will be opposed on the grounds that it is unfair to Londoners.

D. DATA will be secured, placed in a brown bag and hidden in the PM’s socks and pants drawer.

E. Education. All University Tuition fees for women would be free as we are strong believers in Female intuition. (Due to gender equality laws we would include males as well)

F. FRIVOLOUS Fraud Office setup to inspect fraud too silly for the Serious Fraud Office.

G. GREYHOUND racing will be banned to prevent the country going to the dogs.

H. HALF the grey squirrels will be painted red to increase the red squirrel population.

I. INNOCENT prisoners will be released in order to reduce prison overcrowding.

J. JOBSEEKERS will be made to stand two abreast in order to halve dole queues.

K. KIDS will be made to sit closer together on smaller desks in to reduce school class sizes.

L. LONDON Marathon free to anyone finishing in sub-2 hours wearing large clown’s shoes.

M. MEGA carwash will be created by punching holes in the roof of the Channel Tunnel.

N. NATIONAL debt will be cleared by putting it all on our credit card.

O. OAPS will qualify for a Summer Ice Lolly Allowance if temperatures exceed 70 degrees.

P. PUDDLES deeper than 3 inches will be marked by a yellow plastic duck.

Q. QUITTERS will be encouraged not to start in the first place to improve their self esteem.

R. REGULATIONS concerning car boot sales will be relaxed to permit selling of all car parts.

S.STAMP duty will be cancelled as stamps are expensive enough without having to pay duty.

T.TERRORISTS will be made to wear Bells and Horns so we know where they are.

U.UNRULY teenagers will be superglued together as if you can’t beat them, join them.

V. VEHICLES will be fitted with bungy ropes in order to save fuel on the return journey.

W. WIND farms will be created nationwide, where breaking wind will be encouraged.

X. X-RAY machines will be manned by a skeleton staff.

Y. YELLOW lines will be painted where you can park instead of where you can’t to save money.

Z. ZEBRA crossings will be made permi

Years ago we saw that 10Mw would be worth 10m pa (cannot remember if that was $ or £).

t has never changed , but with the price rises due to Ukraine and Covid , it seems hard to think 10m still applies after the first PPA is satisfield. And if BPC insist on that rice for subsequent deliveries , then TLOU are very concious of the potential diversion to SAPP or maybe South Africa if Eskom has not recovered.

On the question of expansion via debt or equity there was little choice tbh.

Once we have some revenue coming in then we'll see TG moving towards debt , and further revenues which I why I expect Solar to be the principal earner once we have satisfield the PPA.

As was mentioned the other week , is the PPA now for 2MW or 10Mw? That will strengthen or weaken my case for Solar?

If Lesedi 6 dewaters a la Selemo , then it could be quicker to install more gas power turbines than procure panels and install them? 24/7 supply from gas would be less complicated than a mix of daytime solar, and 24/7 gas compromise?

Either will be a success imho - solar on Phase 2 tx lines of much more than 25mw makes sense too.

It depends on the timescales to dewater #6 and the resulting gas flows. Whatever route transpires it will be debt based imho as much as possible. But the share price will be a multi-bagger so equity will be less dilutional in any event.

Hope you are well BTS!

Nobody is considering what revenues are likely to produce once we finally see them rolling in.

We have thousands of acres of land , and Solar power will be cheaper than drilling more Gas wells. If TLOU do not escalate Solar energy out of revenue, I will be staggered!

That Solar energy will be a route to fast revenues which in turn will finance further expansions in whatever direction is prudent! I am expecting 25Mw to be achieved in daylight very quickly!

At that point there will be bandwidth at night to escalate Gas Powered electricity form nights levels starting at 2Mw or 10Mw , to 25Mw

So ceiling might be 15Mw of solar , plus 10Mw of gas powered before we need further tx poles/wires/pylons/cables. And will SM get Hydrogen off the ground in that time?

If I am still here to see all this unwinding , I reckon the excitement could be fatal :O)

It is clear what LSE do on the "language" censorship.

1. Our post are translated in lower case

2. all their offensive words are spelt in lower case

3. they replace all occurrences of the list in 2 with *'s

4. If any are they publish the results from 3

That is what I do in my search engine to eliminate all the combinations of upper and lowercase.

There is no rush - IG, Australia, (ASX) sent me this

================

Take part in a new offer from Tlou Energy Limited - (AU)

Dear Mr "Brad"

Tlou Energy Limited - (AU) recently announced plans to raise cash from existing investors through Non-Tradable Rights Issue.

The terms of this offer are detailed below:

Ex-date: 17/05/23

Ratio: 4 new shares for 11 shares held

Subscription price: AUD 0.035

To be part of this event, you’ll need to hold a position at close of business the day before the ex-date. You don’t need to take any action now – you’ll soon receive an email clarifying your options. You’ll be able to manage your elections via My IG – under ‘live accounts’ > ‘corporate actions’. Note that we can’t accept any elections prior to the ex-date.

===========

And the closing dates are in the RNS .....

---------------------

Closing date - AIM: latest time and date for settlement of CREST application and payment in full under the Offer (1pm BST)

AND

Closing date - BSE: latest time and date for settlement of BSE applications and payment in full under the Offer (1pm CAT) BOTH Wednesday, 7 June 2023

Closing Date - ASX: latest time and date for settlement of applications and payment in full under the Offer (5pm AEST) Thursday, 8 June 2023

---------------------

i wonder if it is the lse idiotic process , changing the gunners name to asterisks as a bottom line? ****nal test!

It has happened again! Lowercase throughout? I don't know how I do it!

thanks for various bits of help over the weekend.

tg shows his commitment by passing up loads of dosh in favour of keeping that cash as working capital. and the company is getting some of the other salaries back from the placing and fellow director's participation.

the cost of the full placing seems to be a third of a million - so the special placings , 3 or more of them , will have saved tlou costs and energy totally over a million. it was what i thought tony was doing whilst honouring his pledge not to continually keep asking us for money.

if this is undersubscribed his philosophy will prove to his doubters what i have believed for years - he is an excellent ceo! i cannot afford to buy my 4/11 in full so it won't be a 100% takeup for certain. i am loathe to dive in my savings , because once the gate is opened once , it can become a main thoroughfare. living within my means, a couple of pensions, is doable.

i have cashed out my premier league bet so this is how it ends up!

6 selections

****nal (+20) £27.09

newcastle (+31) £27.13

brighton (+39) £27.10

fulham (+50) £27.21

brentford (+46) £81.49

bournemouth (+56) £4,517.99

bournemouth have a 76 goal deficit to overcome over two games so that ain't happening!

it was good fun while it lasted - we have not been given a penalty all season - an anderson punch that broke jefferson lerma's nose was not even worth a yellow card on saturday!!!

a few penalties and that £4517 would have been alive and well - effing var!

Wiini, I think my calculator has early dementia. You would not believe how many times I multiplied , in my head, £4,400 by 100 to get to 4.4m. Envisioning the decimal point felt wrong over and over but multiplying 4,400 by 50 also brought me to 2.2m beforehand.

And 4/11 of my holdings, 2.2m, had already confused me, was is 80k or 800k.

1/3 of 2.2m should have settled that for me - but I find if I think hard about something before answering it, I get easily confused.

There was a question on a quiz show recently. It was about a UK heptathlete with a double barrelled name , and Katarina Johnson-Thompson immediately came to mind! But I instinctively knew another one existed. I thought to myself "what was her name" and that thought seemed to obliterate it from my memory. It has happened with pin numbers and even my phone number and postcode. I got to Ennis-Hill but could I remember her christian name?

That was temporary , I dropped Hill , and then Jessica Ennis came to mind.

Before the aneurism , I was amazed how I very rarely forgot street names whilst driving a taxi, but since I was forced to retire that has changed I think. I had to look at my mobile contact list to find my landline number, which had completely gone from my memory for over 10 minutes. I do not use that phone. I have my mobile with unlimited minutes for £7+ per month - and put the landline on a "no calls" basis! I can ring out , but it costs an arm and a leg per call. Incoming calls on it cost nothing, so I am happy with that.

Better take Poppy out , I am taking the motorbike to Crystal Palace today for footie , so she is going to be on her own for much longer than she is used to. Quite and adventure for me because I am not set up with sat nav on the motorbike. I think the A3 will get me to Morden and I am hoping a whole series of other road numbers will be ok and that Selhurst park will have signposts to make it easier. I found the visitors entrance on Google maps and it is handy for Sainsbury's carpark so fingers crossed! I have backed Czechia and Poland to be in the first 4 @ Eurovision - I don't like the Swedish entry at all though it sounds like it has won already?

Hope I get back to see it!

Https://www.youtube.com/watch?v=YjtROU1MeTo

Anybody know the key strokes to turn a post into lowercase?

I don't know how that happened in my 10:27 post.

that is a very pleasing rns for me.

my take on it , is that tg and the doc have listened to us (or me) and taken on board our disapproval of the dr and the directors being given preferential terms to the exclusion of the other shareholders.

it reads as though the dr is not expecting us to fully subscribe for these 300m+ shares so he will get some (or a lot) of them , but he will be delighted if we oversubscribe and show we too have faith in tlou.

that will bode well for future placings at much higher prices, and nobody wants the silly prices we have had since covid.

i also wonder if the big discount is being offered as compensation for the last general share offer and the intended carrot of options which nobody actually profitted from?

does anyone remember whether the 50% and 25% drop in salaries have been rescinded? we were told those savings to the company were fixed i.e. not paid at a later date, but i assume they are all back to full salaries now?

i'll be looking at my various accounts to see how many i can afford to buy. like thornback , i have a lot of skin in here and 4/11 of my holding is too many shares for my pension even with the 10.1% less tax increase. i am on base rate for one of my pensions!

i have a £4400 bet on bournemouth to win the pl handicap league. we started with a 56 point start, ****nal started with +20 , fulham +50 and newcastle +31. bha play ****nal, newcastle and man city in may off +39 which sounds 3 steps too far! unlikely £4400 but that is worth 2.2m shares @ 2p - come on you cherries!

changing tack - this video is worth a watch. i am on vitamin d supplements for weak bones and this suggests i might add vitamin k2. i had excess phosphate and calcium in my blood tests , and am finishing a course of 6 x 50000 d3 capsules!

this is a beautifully clear presentation - and could be a life saver!

https://www.youtube.com/watch?v=yjtrou1meto

More Mutiny on the Bounty from those who don't think this share through.

They don't realise their posts undermine the whole caboodle.

what do I mean?

1. TG has been so consistent from day 1. He always intended to use our money to get this project up and running in a small way. Personally I think as low as 2Mw was his target.

2. He vowed he would not continually ask us for money and dilute our shares and he would use debt, repaid from income, to expand the business from 2Mw thru a series of targets.

3. He has honoured that imho , it seems to me and I am not alone, that 1BN is the limit on the number of shares for the first phase.

It is fairly obvious those plans have been thwarted by an horrendous series of delays.

1a. Effing Kalahari Energy insisted they wanted a large PPA to enter the race.

1b. The Govt played along rather than accept Hobson's choice with TLOU (who could have named their own terms if they had no competition).

1c. We ended up with the PPA TG always wanted after KE fell by the wayside despite all Donkey's support!

2a. The PPA preliminaries were screwed by the govt after the project had loads of momentum and that died for a couple of years. Estimated timetable went out of the window. AND THE INITIAL VIRTUAL PIPELINE (LORRIES) OF BOTTLED GAS, which was easier to achieve within the timescale of just a few years , was dumped in favour of the complete solution , gas powered electricity, delivered to the grid!

We are on track to deliver up to 25Mw with the GENERATION , delivery of electricity NOT GAS , a very different beast with up to a decade of delays compared to the initial plan. The reward is huge - minimal costs (BPC adopt the TX line) for 40 yrs.

I have never worried we'd get there - TG runs a steady boat. He annoyed me by sticking to his slowly slowly catch a monkey approach once the gas price exploded!! I'd have put the whole project in jeopardy by going for unaffordable escalalation - extra drills , extra engineers , open Mamba as well as Lesedi for Orapa etc etc!!

And we may well be extinct by now!

TG saw the truth from our share price! How on earth can people sell their shares that were 17p when the project was a pipe dream at the ludicrous prices we have seen for years????

I have bleated on that nobody should have sold below 5p or 11p at different times to retain the price levels. From there, demand for a safe share , would increase the funds raised from essential placings for fewer shares.

Instead TG has gone cap in hand to the Doc because the Pension Fund has extended their goodwill too many times! I feel so sorry that they paid 11p for shares TLOU and its shareholders reduced down to 2p! So embarrassing - so unnecessary - but whose fault was that? TG went with the flow , an effing huge waterfall , and has worked miracles to survive Covid and govt delays.

I'd hope to enjoy the rewards from TLOU with my wife , and I fear I will still do that but not from the viewpoin

Could not believe nobody got it!
Rachel then returned to it after a break and came up with a convoluted solution and “said there is something wrong with me today”.

Add first two and second two and multiply them was my solution. Hers was first plus last by eight for 456 minus the the small numbers 452 plus 25.

It is so difficult to track him. ILC Investments leads nowhere , IC Australia (No 2) the same! I found a couple of people involved in software , one in England and clearly as old as me! The one Winni has found. Another in medicines but none looks nailed on. Totally mysterious.

Thanks Boobar, I am unsure when Campbell changed to Cameron in my search but he seemed to fit so well! I wondered why his names were in a peculiar order, I thought he must be called Ian Allen "campbell" and did not notice campbellwas awol!

I'll ask LSE toremove that post I think. Here is our guy, not as good a link as Cameron's was but TG's comment about the other investors Ian has brought in was encouraging. I was looking to see how he made his money initially.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwitmsDyxdj-AhVNhFwKHSBBDjkQFnoECAgQAQ&url=https%3A%2F%2Fwww.energy-pedia.com%2Fnews%2Fbotswana%2Ftlou-energy-announces-ausd3-million-placement-189931&usg=AOvVaw1emmZ-FwFg_y8coo8mNnPy

The doc is expecting inflation to drop to 5% very shortly, on it's way down to 3.6% .... apparently the long term rate that the banks forecast.

Ifthis is the right person, his credentials look staggering , not least how young he appears to be. He has plenty of yime to see this prolect come to druition , by which time he might hold an amazig percentage of the shares in Solar, Hydrogen, Gas pipelines, and CBM power to Botwana and SAPP. He must have so much faith in TG's planning across the Indian Ocean in Botswana when he could have supported an Australian company operating at home in Oz without the uncertainties that Africa brings.

I find his presence very reassuring that TLOU is a winner , I just wish I was as youf as Ian to see it happen.

https://research.unsw.edu.au/people/dr-cameron-ian-allen

I have spared you all my betting history on Bournemouth escaping relegation.
We bought 5 players in the January window and I saw enought of Dango Outarra to convince me that he an Marcus Tavernier would keep us up with the promotion squad!

I got over 900/1 for us to win the PL on handicap. Manchester City were scratch (ZERO) , ****nal were +20 , and Bournemouth had the highes allowance of 56 points! I thought we had a really good chance of beating ****nal with a 36 point start and have taken lots of small bets on them since. I also hedged my £6000+ winnings (if they did it) on the opposition.

Only 8 teams can win it and Mancester United need a miracle. 5 teams are on 95 or 96 points with 4 or more games to go , and some of the 8 playing each other to guarantee points being won!
United need to win every game to get to 100 at most. One of the 95''s or 96's will pass 100 for sure!

My bet shows the handicaps and my return if that team wins it! And today I banked £50 profit in getting to this point. If one team looks certain to win it I might use some of that £50 on the candidate. ****nal were a liability of over £30 until today , so most of the £50 was that £30 being hedged with their price being backable at last.

8 selections
****nal (+20) £1.79

Newcastle (+31) £20.05

Brighton (+39) £8.56

Fulham (+50) £46.93

Brentford (+46) £125.05

Aston Villa (+37) £98.95

Bournemouth (+56) £4,499.45

Man Utd (+19) -£4.95

If only my shares portfolio looked the same!

IG's fixed price quotes 3 x 2.32p look good now I see the other buys. Happier days!
I wonder why the earlier (by minutes) broker could not get his client 2.32 because my dummy dummy purchase showed 2.32 before I deposited my money in to enable my trades.

When I first started investing, TDW used to trust you to pay, and you could grab a trade priceand then pay the money before settlement date! I liked TDW , shame they sold out to II.

Never expected to be able to buy at less than 3p this month, but we have so many kind shareholders on here to oblige me with absolutely no good reason.

Today's RNS is a double vote of confidence or maybe more!

1. TG keeps his credability by denying the Doc more shares , and dilution forall of us.
2. The Doc has repaid the company in taking a chance on an unsecured loan at a sensible rate though I expect TLOU would have preferred 8%. Over 3 years , 10% might look very good.

3. Whether buying shares or loaning us some working capital, the Doc shows complete confidence in TG and co , however you look at it. He probably loves TG's tightness because he is protecting the Doc from dilution too. BUT more importantly, the Doc will be well informed as to progress, and he clearly expects us to be able to repay the loan on or before 2026 - so production and income look nailed on or he is an idiot! And to have made the sort of money he has put into tlou , I cannot believe he made it from being an idiot!