Member Info for BradSmith

Orapa was wanted yesterday - remember how little time was given for tenders - just a handful of weeks I think.
I thought we were the only game in town , due to the proximity of Mamba.
Orapa reacted to the sharp rise in the cost of diesel for sure.
I don't thik they could afford to pay for that diesel whilst financing the TLOU operation as I'd hoped. We are struggling to afford Lesedi alone far less duplication of men and materials at Mamba so it was never going to happen quickly.

If they go down the bottled gas route as mentioned in a BPC memo , they will want to revisit the gas pipeline one day - the ball is totally in our court I suspect. No doubt it will become viable on the same day that Synergen Met get their plasma torch working. The word "de-watering" never gets a mention anymore. Commissioning the substations in 2024 had better be a formality. Progress is so slow.

I thought it was French dog transport (Paris, Setter , is Bus) - c'est moi! Poppy sits in the front passenger seat with a restraint in the seat belt fitting.

Following TLOU really is a labour of love! Who'd have thought all those years ago they expected to be delivering gas by road? All these years later it could still be the fastest way to go but we have progressed , perhaps? HS2 comes to mind - High Speed?

Ben is right, the idea was to ship power by lorry when I first bought into TLOU. Then it was dropped in favour of what we see between Lesedi and Serowe today - so much better once it is up and running. No fleet of lorries to maintain and lorry drivers to manage. Just engineers!

Orapa have been very naive , everything was so rushed to get tenders in. Shows the urgency to replace diesel at the new diesel price but no commonsense as to the reality.

LPG looks to me like an interim plan to switch to gas , which will mean a pipeline in TLOU's timetable one year or decade. Or they stick with diesel if the price rise has fallen back and the electricity line from Mamba is preferred.

Once we are connected to the grid at Serowe , I wonder if BPC will supply Orapa with electricity from the national grid. 90Mw will need the mk2 poles/wires or pylons/cables more like? I'd like to think TG's plans exceed 90Mw in our lifetimes and will be quicker than the Mamba to Orapa route? If interest rates get back to near zero and we are a blue-chip rather than an AIM outfit - the acceleration in producing new wells might be dramatic! If we are still the primary partner.

SM might get their torch working in the meantime - but I am not holding my breath.

Orapa have dual-fuel generators. They currently rely upon DIESEL but were designed so they can use GAS , hence a pipeline for that gas. I don't know the pros and cons but I imagine an oversized pipe could be installed that will allow for future expansions ad finitum? As we see at Lesedi to Serowe our poles/wires are limited to 25Mw which will be saturated within a few years (I hope).

Does reducing pipe size increase gas pressure?
Strictly speaking, the size of the pipe has no effect on the gas pressure. The issue you're concerned about is FLOW rate and ensuring that you don't restrict the flow.

(this one surprised me .... gas and liquids act the same I think)
Will increasing pipe size increase gas pressure?
The flow of fluid through an enlargement (increase in pipe diameter) results in a decrease in velocity and consequently, a pressure rise.16 Mar 2011

Labour costs for tx line are clearly zilch compared to having gas delivered and maintaining a power plant .

I did find this - it is all very hazy ...

Mmegi 23 May 2022 ·
The Botswana Power Corporation (BPC) plans to import Liquefied Natural Gas (LNG) to replace diesel as the source fuel for its 90-megawatt Orapa plant, a senior official has said.

Perhaps they should install a smart reader Olda? And give us access to the readings :O)
The pipeline to Orapa from Mambo is desperately needed , and I don't understand why the Diamond miners have not found the finances for TLOU to get Mambo started. And once the gas starts to flow or looks assured , the pipeline 145km from memory , could get underway.

Paying for diesel and the above simultaneously is obviously too expensive? So they are waiting for TLOU alone but we are committed to honouring our PPA to BHP I guess? As well as having the same financial restrictions. If Mambo follows #3 and #4 pattern (dewatering) then TLOU would be in deep guano - so TG is probably handling it sensibly, as we'd expect of him.

The days of 3.5c deals with the Doc must cease with the ASX price up to 4.3c at close (2.32p).

TB we may not have a choice depending how it happens. We might have a vote to accept the offer price from A.N.OTHER energy company in a takeover? I want TG to become an honorary something or other so he can take life easy whilst still involved. It is hard to imagine he will want to go for a fourth success - unless it is an offshoot of TLOU e.g. Hydrogen, Orapa gas, Crypto something , or maybe a Solar venture if they find a way to store electricity that is better than what is available currently. The whole picture would appeal to anyone who is not brain dead! Perhaps there will be TLOU Hydrogen powered motorcycles - I'd buy shares in that business! Chance will be fine thing!

Got a dividend from CBA £363 from 300 shares - should have left my money in CBA instead of jumping into TLOU years ago. Talking about jumpers - there is a theory that a good 2.5miler is preferable to 3 milers. To win 2.5 miles a high cruising speed and a fast finish are necessary.
3 milers need to stay the distance quite often. I started looking and "Ain't that a Shame" filled the criteria! And it is 8/1 favourite which is false odds due to glamour girl Rachael Blackmore's deserved popularity as the jockey. I want 8/1 for a horse to complete the course.

I spent the dividend on TLOU at 2.49p - I am hoping the last time time that low price will be on offer.

Winni, when I was very young I saw loads of people dying after retiring at 65 yrs, m Dad made 74 and my Mum 91 yrs physically, but late 80's mentally , he last words to me were "if you wake I am going to bite you". The nurse woke her by raising her voice in the day room at a care home. She stirred but was going back to sleep. I shook her hand and spoke -but she did not open her eyes so she did not know Liz and I were there. Half way is 82 yrs which would be 6 years.

Liz's Dad died at 48 yrs, before me met , so half way is 71 yrs and Liz made 69 yrs with stage 4a cancer from 2012 to 2018. She fell and broke a hip. They stopped chemo for 2 months to allow the hip to recover after an operation , but in February 2018 they resumed chemo (only 3 of them for Ovarian cancer, and only one had worked) and it no longer worked so palliative care until September was all they could do.
We ought to set a price at which we all meet up to celebrate?
CATCH 22? The price of a pint?

Yes and no free!

Selemo has been producing electricity for yonks and saved TLOU a small fortune in diesel costs - the only other option. Selemo was started by Sekaname/KE and I don't recall whether they published their dewatering experience. It could have been years for all I know. TLOU dewatered Selemo is 2 or 3 months from the takeover. Were KE a bit premature , and extremely unlucky, in the timing? I honestly do not know.

What I do know is that they sold Selemo to us with a royalty on future gas or electricity (payable by TLOU to KE / Sekaname). TG has no royalty liability elsewhere and opted to develop Lesedi first. I am unsure what state Selemo is in because a horizontal drill broke and had to be abandoned. Was the terrain there too severe for both KE and Tlou?
Selemo gas and electricity generation proved the viability of CBM power for me .... so I have never worried about not reaching production! Surviving all the subsequent delays was a worry, but TG has managed the costs brilliantly though it has dragged a few years to production out to nearer a decade maybe.

It is a known fact that the first dewatering at CBM sites is a gamble but subsequent ones are much easier. I have high hopes for #6 and appreciate the lack of urgency getting it 'off the ground' , an oxymoron? Until the poles/wires are able to deliver power there is no urgency.
If we hit the timetable expected for #3 and #4, at #6, I suspect the poles/wires, substations, generation room and gas are planned to synchronise. Tlou are frightened to say such things for fear of broken promises that are laid at their door by some. All imho of course.

I am still as confident of success here - like Olda. I am just concerned that I will be too old or dead to benefit myself. I was expecting my wife to have a nice little nest-egg after I departed but she pre-empted me against all my expectations. My father dies aged 74, so I have survived his lifetime, but Liz's mum was 94yrs old and I thought she'd easily outlive me. The saying "only the good die young" is not far off! Putin outliving her proves that for me.

Has our VTOL started today? It is long overdue.

110% onside

For those, like me, who wondered exactly what spudding means ...

"Spudding is the process of beginning to drill a well in the oil and gas industry. A larger drill bit is initially used to clear a surface hole, which is then lined with casing and cement to protect groundwater." I guess that means concrete and to protect the well from surface water getting in.

Like hydrogen, crypto mining, flow rates at #3 and #4 , dewatering rates at #3 and #4, anything on #5 , there is so little news.

As for the 17p share price , it was and is realistic imho. AT the time TLOU was buzzing, the GOvt were 11% onside , the demand was obvious , everything was optimistic! TG had the keys to Botswana and Sekaname were never serious opposition apart for MrMoagi posts on here.

And the this RNS threw a nuclear bomb into the works, one clerical error in the RFP (Request for Proposal) which I am certain used the established COAL FIRED templates for METHANE/GAS proposals. That template included the proviso tthat killed everything off for 18 months , and the industry has never recovered since!

BIDS FROM COMPANIES WHO HAD A HISTORY OF SUPPLYING COAL FIRED ELECTRICITY GENERATION WERE REQUESTED!

They swapped COAL FIRED to GAS and CATCH 22 was complete! Would a brown paper bag have waived that clause? Redacting it was simple! Instead , for good or bad , the whole process was restarted in accordance with this RNS in Spring 2018 , killing momentum from both proposers and Sekaname fell by the wayside. It was an honourable decision to do it properly but imho only, Sekaname's presence created the 100Mw requirement! Seka/Kalahari Energy insisted upon a BIG PPA to make it worth their while financing their proposal. 100Mw was a carrot to raise their non-existent funding from wherever they could raise it.

TLOU were the complete opposite! We wanted a very modest PPA , maybe 2Mw , because TG admirably wanted to self-finance expansions at an exponential rate e.g. 2Mw to 5Mw to 20Mw to 50Mw to 100Mw etc etc! Without that RNS delay up to 2 yrs , Covid another 2 yrs , global finance difficulties following the Ukraine invasion I feel we might be up to 50Mw already.

That RNS starts....
Mon, 12th Feb 2018 16:18
RNS Number : 6361E
Tlou Energy Ltd
12 February 2018
Tlou Energy Limited
("Tlou" or "the Company")
Government Request for Re-tender of 100MW RFP
Tlou Energy Limited, the company focused on developing Gas-to-Power projects in Botswana and southern Africa through the development of coal bed methane ("CBM") natural gas, has received confirmation that the Ministry of Mineral Resources Green Technology and Energy Security has requested that the Request for Proposal (RFP) for Development of up to 100MW of CBM fuelled power plants in Botswana be re-tendered, with the two bidding companies, including Tlou, invited to submit bids under a new re-tender process.

The decision to cancel the original RFP and re-tender has been approved

Bob, I am not as happy with TLOU as I was , and I feel they have ignored the opportunity to accelerate production during high prices which may be temporary. But there is little reason to suspect TG won't stay on track and make a success of this in his own time.

I lost touch with events during my wife's cancer but when I realised recently that the last general share issue was undersubscribed - it made more sense to engage with the Doc at such low prices. I still think the sp has been poorly managed - Tlou should have supported 5p+ to the death but capitulated to 3.5p and then 3.5c or 2p!
Allowing 2p to reflect the value of this company belies the true potential here. If this was my company I'd have moved heaven and to support 5p+ but whether exchange rules allow that I dunno. Maybe the moving average of stupidly low number of trades sold by lunatics gave TG no choice? If TLOU bought back all shares that are less than 5p that would do it? Is that legal, I dunno that either.

closed at 3.8c and there are shares available on LSE fixed price quote today @ 2.38p

For those of you who wonder about the subject line.
IG make it really simple. Your sharedealing account includes access to foreign exchanges and accounts in a list of currencies - I only use AUD and GBP.

Yesterday I put £300 into my account intending to do 3 trades on LSE @ frequent trader rate of £3 per trade. No shares were available all day so trades timed out at close of Monday trading.

On LSE I have the option of fixed price quotes or a normal limit placing.
On ASX it has to be limit bids and you quote your top price and how many you want to buy or sell. It used my ISA account so you have no choice - all trades are done in GBP.

https://drive.google.com/file/d/1kirmR3UoUIip3NTrmkiFl3A95vSvp-Ba/view?usp=share_link

On the non ISA account (share-dealing account) you have the option of trading in AUD.
So you can sell a stock on ASX and have keep the AUD in you AUD account.
Then you can buy stock in AUD avoiding FX losses.

I opened my IG account when I was receiving cash dividends from Commonwealth Bank of Australia in AUD, and I used that dividend to buy TOU on ASX without FX charges.

I stupidly sold my CBA dividend collectors to buy TOU , CBA are now £53.50 (99AUD).
A bit better than 2.08p? Bloody Covid!

Bought 4500 and 5000 @ 3.7c for £204.11 after fx to aud and AUD 10 commission £5.49
£3 frequent trader rate on LSE so they cost 2.085p each

I may as well do all on ASX. Got 4350 so my maths was wrong or the price dropped - Left woth £2.01 cash! Must have been a variation in the fx rate because all 3 were 3.7c - contract notes have been emailed already.

just got off my bed to go out and looked under the duvet cover which overhangs the bed onto the floor! At the end of the bed were my drawers - so I can stop worrying about sleep walking and frightening Poppy! She licked my face when the TV table went over - that must have been very worrying for her. She shares my bedroom in her own dog bed.

free, there is 105 available @ 2.2p on fixed price quote at IG!

Winni , on the old platform , my preferred one , I have an order for 4,500 @ 2.38p
On the new platform , that does not show! I only use the new platform to cancel orders because the old platform does not allow that any more.

I am tempted to go through Whizzer's history and quote a few of his posts to get a few sells going through :O) - only joking Whizzer!

I took my 50,000 micron Vitamin D tablet last night with a little trepidation because my maximum strength tabs are only 1000 microns. Doc said to buy supplementary tabs of 800 microns.

I need not have worried , it said to take the weekly 50k tablet with a large meal! So I did and no problems OR WAS THERE?

I did the clothes wash last night and put the boxers I was wearing into the wash and put on some black Y-fronts. I sleep in my boxers or pants but this morning I awoke to find they had gone!!! I have looked around the bedroom and there is no sign of them. I went downstairs to check the lounge and the door was wide open. I remember closing it to keep the heat in if the boiler came on after a cold night. The thermostat is in the lounge. No sign of them anywhere!
So I wonder what the hell went on? I used to have REM sleep disorder when I'd throw myself out of bed acting out a dream , like being a goalkeeper! I was sat up in bed when Liz was alive and woke her! When she asked what I was doing I said was playing cricket against PM David Cameron and he had skied the ball! I was reaching above my head to catch him out! Another time I had me knee across her , and I was kneeing a German soldier in the proverbials in my dream when he stopped me walking along the road. That frightened me , and we had separate beds after that in case I hurt her. Most people are paralysed during dreams , and that is what REM sleep disorder is - no paralysis! I knocked the TV table next to another bed over , TV and all one night. And another time, I was sat on a pub loo with an outward opening door and somebody was opening the door! I grabbed the dorr handle and was having a tug of war when I woke up and found I had turned the chest of drawers style bedside cabinet with my fingers. It was difficult to put back when I was conscious but I had turned it 90 degrees whilst in bed.

Has it moved on to sleep-walking? I vaguely remember dreaming last night about wearing some underpants which had 5 vertical sections like piano keys and only one at a time would open at a time. Lord knows what that was about.

Where are those April Fools when you want them? Haven't managed to buy a single share today - I am hopeful that TLOU rocket is on the launchpad and the blue touch paper is lit.
If I dont get my orders today on LSE, I might try ASX tonight to see if there is a mood swing there too.

Trying to do my 3 buys for Frequent Trader discounts and cannot get a quote for 200 shares far less my usual 4500. 1 @ 2.2p might be available.

And we are on the Botswana exchange as well. I suppose that was for the Pension Fund who will have saved FX charges.

My Doc is on maternity leave and her stand-in ha reviewed my tablets.
After 3 blood tests in a month she diagnosed a surplus of phosphate and calcium in my blood.
She has stopped me taking Meloxicam for my back and neck aches and I am taking Vitamin D supplements! Lack of Vitamin D in adults results in weak bones! They in turn lead to back and neck ache and walking can suffer - hobbling was mentioned! My balance has been dreadful for 4 years after the aneurysm and I have attributed that to my hoblling on the left leg.

I was told to take 800+micron tablets minimum and got 1000 microns on Ebay , 365 dailys tablets for a year! Looking up Vitamin D , I see it helps the body absorb phospate and calcium and uses it to build bone! Without it of course , there is an excess in the blood! 100% QED!

I wrote to the Doc and told her my neck pain was less frequent and less severe and thanked her!
She replied with a bombshell! She had discussed me with a specialist in Vitamin D and she had ordered 6 tablets to be taken at the rate of one a week! The bombshell? Each tablet will contain 50,000 microns! Over 60 times the strength of the current supplements which I bought with the label saying "365 optimal strength tablets". I am expecting to experience something bit different - they arrive tomorrow I think! I'll take one AFTER FOOTBALL in case I twist the motorbike throttle too hard on the way there or coming home. I am over the moon because I can only do physical work for up to 10 minutes before the back pain starts. I start the hedge trimmer and I have to sit down to rest without using it. The garden needs so much work! And hoovering brings it on too! I now have hope I'll recover my fitness. Sitting on the motorbike is OK. The condition has a name ..... osteomalacia ! So if you have aches and pains it might be worth having your Vitamin D checked. Daily dog walk s this winter is clearly not enough.