Member Info for BradSmith

So you won't be up "5h1t Creek Street" then Whizzer? I got the number wrong, sorry , 12!

I am planning the party now before all the pubs have gone.
Moagi - Glasgow
Me - Looe
MFM - Dover
This must be the least friendly bunch of shareholders I could ever imagine, BTS and TB and a few others excepted.

My football club sacked the manager after Liverpool stuffed us on Saturday.
I think once the first goal was awarded after a VAR enquiry , they got their confidence back, and they have stuffed any side in the world after that. 5-0 up at half time, they scored another goal following a VAR decision!

Chris Mepham had an offside player behind him , and if he was not there he could have let the ball run out of play!
With the flag being kept down, he had to play it and it flew into our own net! That confirmed it was Liverpool's day and if Salah had scored his share, it would have been double figures. A total freak result and we'll see a different performance tomorrow night I am sure. How ironical would it be if we won 9-0? Not likely unless the ref sends 4 Wolves off for laughing at us. 3 points from Villa, City, Arsenal and Liverpool was a reasonable start imho. 3 draws and a defeat against that lot would beat most teams? Time to walk the hound. It is warming up down here.

Jonah, any newcomer who buys the land and pays Woodbois to manage it for them needs deep pockets for maybe 7 years or more before he sees a penny back in carbon credits. If Woodbois then receive some of those credits I'd called them a benefactor.

Paul admits the cash is unavailable to buy the land themselves.

Will the management profits be enough , with rising profits from timber , for Woodbois to venture into carbon credits directly for themselves? That is the get rich formula BUT , A HUGE BUT , will carbon credits keep going indefinitely?
The energy crisis will force countries with the means to try and be self sufficient (wind, solar, nuclear, todal etc) and they will stop buying from polluters!!!!! If the polluters go out of business then the need for carbon credits may decline as well?

7 years investment for no carbon credits of any value, and a further 13 years before any timber can be produced from it is not a rosy outlook. Woodbois are at that point already they have 1m acres of forests to take trees from - but 5 trees per hectare every 20th year is well short of the billions expected for carbon credits? 50m debt to 7m debt looks brilliant. That straight line plot shows a 36m profit is on the cards. Millions of miles from Ronalds' billions but 36m divided between 2 billion shares is not what buyers here are expecting I am sure.

If the forests are worth double the market value , then the sp should be nearer to 8p than it is. 79m a year later might get it there, but this is a slow burner for me.

One cubic foot is the equivalent to approximately 0.02831685 cubic metres, or 28.3169 litres.22 Jul 2018

That looks like rubbish?

Our 28 Litre (6 gallon) Water tanks Volume: 28ltr; Weight: 3.000kg;
Dimensions: L:270mm W:200mm H:580mm
In feet 0.885826772 x 0.656167979 x 0.918635171
i.e. cu ft = 0.533957761

Not what I expected at all , so 1 cu ft is nearer to 56 litres as water.

I think compression must enter into this. The price in pula per litre at one pressure, the cu ft to litres at a different one?

No matter, 40bn cu ft methane must be worth considerably more than "Asset test A$4 million net tangible assets".

Back to the subject line - would TLOU currently qualify to join ASX ?

Admission criteria General requirement
Easily! Number of shareholders Minimum 300 non-affiliated investors @ A$2,000 each

Profit test

NO - A$1 million aggregated profit from continuing operations over past 3 years + A$500,000 consolidated profit from continuing operations over the last 12 months

OR

????? Asset test A$4 million net tangible assets

CBM is worth 16 pula (£1) per litre.
One cubic foot is roughly 28 litres.
40bn cu ft is 1.4bn litres or £'s - potentially!
Current gas flow 56 Mcf per day so 2m litres (how convenient was that arithmetically) per day.

£2m per day going up in flames ...... ???? ..... something here does not sound right?
https://drive.google.com/file/d/1Lx1mLJc-L-7QL8fO2jpZqZiinlRolGWV/view?usp=sharing
Here is the infamous search engine, if any of you were stupid enough to doubt my word!
It no longer works for Chat but I does for RNS (thankfully).

I puzzled how ordinary navigation works for RNS but not for Chat and then remembered I created different RNS access which needs an index pages to be loaded to get the links to the RNS. That was ages ago?

I had to change how I downloaded pages after LSE put an end to my decades old method of screen scrapping.

OR A$15 million market capitalisation

600m @ 3c is A$18 million compares fairly well.

What a shame the sp is allowed to drop below 20c i.e. 11.7p - a fair price imho.

Single handedly? You do yourself a disservice Moagi! You never talk about anything that interests us! Least of all ME!

Botswana earns enough from diamonds that no indigenous Botswanan need ever work if the money was spread amongst them! Some oil rich states , no doubt , are in the same position , and they prefer to take over the Western world's sport teams and utilities.

You are incredulous! You linger here talking about the two subjects for which you have no respect, Botswana and me!
Nobody ever wanted you here . You spout the most useless information that most of us don't even read imho. And if we do, it contains so many untruths that I feel compelled to counter them, a total waste of my time but a necessity in case someone believes you.

We are all waiting in anticipation for news that the apparent only game in town, wires and poles is on schedule and we should be feeding some electricity to Serowe and the grid in 2023.

And hope that there will be an announcement that one of the possible side-shows will be producing earnings before then?
Or that new wells are being drilled. Or that dewatering is complete on #3 and #4 and the expected gas flows are being achieved?

We are not waiting to hear that Kharma has appointed a new chauffeur or house maid or bought a Dyson for himself.

Do us all a favour, man , go find another well respected country and tear them to bits with untruths on another web page.

Meanwhile, these are the latest etimates.....
Forward plan until first revenue

Note: This forward program is indicative only and the list is not exhaustive. The plan may change due to unforeseen circumstances and is subject to available funds and timely progress of third-party deliverables.



2H22

· Transmission line construction (on-going)

· Construct new purpose-built operational base on Tlou owned property adjacent to proposed power station

· Flared gas monetisation trial (on-going)

· Complete financial package for forward program to first PPA revenue

· Buy drilling rig to further reduce gas well drilling cost

· Seismic survey



1H23

· Drilling and dewatering to flow more gas

· Hydrogen and solid carbon prototype commissioning

· Lesedi Central Processing Plant construction

· Practical completion of Transmission Line



2H23

· Installation of electricity generation (gas & solar)

· Connection of gas to generators

· Connect substations

· Commission Lesedi power station

· First revenue from electricity sales under the existing PPA with BPC

Sorry guys, the original link has been there everyday for month, the only thing that changes is the final line on the recommended price. It was always Ronald Brown and now clown McGill has cloned it?

Paul Dolan put carbon credits to bed on existing forests! There is none for WBI , Gabon will take any that are due.
WBI need a benefactor to buy land that is devoid of forests, and then employ WBI to manage that land for them.
They will get carbon credits eventually and WBI will want some of them. It remains to be seen if that benefactor appears and whether he'll give WBI a fair share! There is no rush , a minimum of 4 years is needed for the credits to start trickling in.

https://www.the-financialnews.com/?p=4057 is Ronald Brown original.
https://drive.google.com/file/d/1JSRHg_MQNqKxRRrnBEykJ8unKOD0Il4h/view?usp=sharing talks about forward credits which lead me to believe that credits could be traded now despite them not existing, Ronald Brown's understanding too unless he is a crook! The latter applies after this was clarified at the AGM!
https://drive.google.com/file/d/1yIh69Ecg6kFz5iubtS92I28NEZC3uQGr/view?usp=sharing clear as day!!!!

And finally , why we expected it to happen sooner rather than later? This was so misleading? 6 years + before forests even start to earn credits? Too long term compared to credits from oil and gas projects?
Paul was presumably unaware of how he was being interpretted on forward credits and investors queuing up???
It simply is not happening!
https://drive.google.com/file/d/1oAHtda-hqaklCIzMLgbBMiX0vziTNRs7/view?usp=sharing

This is what you are invested in!!! The timber trade sounds positive in the long term! But it is not a get rich quick scheme.

https://drive.google.com/file/d/1iFjOmy5SBLdQa3A_Yc_gbzNYhbomBA-i/view?usp=sharing

Jeff Bezos (Amazon) is worth watching - he sounds interested in helping Gabon in particular. Carbon credits will not have escaped his attention and is he talking to WBI? I cannot decide how naive Paul is?

Thanks for the prompt massa , I did not know that , and never thought about the qualifications until now.

I found this which makes no mention of 20c , so I have an open mind on your claim but it explains why it is so common. Though TLOU kicked off at 30c.

https://www2.asx.com.au/listings/how-to-list/listing-requirements

Looked up SM and how they arrived at 20c , and found a list of 10 companies nearly of which were also 20c too?
Checked back on TLOU to see if ours was 20c and found this link, Strata-X , has maintained its price but it may not the same company that is now Pure Hydrogen , Strata-x energy?

"by R Kato · 2018 · Cited by 26 — Porous organic polymers can reversibly and immediately store and release hydrogen and store significant amounts of hydrogen at cryogenic ..." (Kato moved on from the Pink Panther?)
leaves me wondering.

https://www.intelligentinvestor.com.au/shares/asx-tou/tlou-energy-limited/float

No apologies for lying about his reading filtered posts I guess.

"Can anyone who isn't filtered (Brad, Moagi etc.) give me a quick synopsis of recent progress? " Post 1 porky.

"Brad as mentioned mate you and Moagi are blocked and I don't mean pretend blocked I mean actually properly blocked, no peeping, no dodgy browser that let me down, no excuses, blocked and I've no intention of getting a plunger out to unblock either of you as tempting as that is."

Value of that? 0% Post 2 is even porkier!

My search engine exists on PC and Imac and keeping it up to date on both is a pain. It is redundant for posts I don't need to find posts any more - there is none to read.

We need Maytrees to do another telephone trade - the pessimists and optimists are lowereing the spread again.

"maytrees
22 Jul '22 - 15:16 - 9240 of 9257
0 2 0
My buy at that sp tomboyb.
I tried to buy at 11am today but limit at 1.8p did not go ahead. Then at 3pm I did telephone buy which pushed the sp up to 1.9p. Hope it is worth the effort."

Is the plural of his name, matrices? It is the pluaral on may tricks.

Just spotted MM's post regarding SM IPO withdrawal. Missing posts is what I expect if I log in repeatedly expecting the the same posts every time. It is partly why I used to ensure it never happened. And Google likes dynamic pages too for its searches - so Auntu Mabels photos from the 1930's will not feature in the first pages unless she adds a few.

MM post makes good sense on the IPO , perhaps Sm should have applied to the NASDAQ or Dow Jones?
If they had pledges for 16m+ AUD out of 20m , a bif if perhaps , I guess a lot would renege if they knew ASX were kicking off?

I wonder where it leaves Phonix?

Synergen Met produce or aim to produce Sodium Cyanide (NaCN) and Hydrogen and unwanted CO2.
That low temperature NaCN does the work! It sounds very similar to sodium hydroxide (caustic soda) in the way it works.

In SM's case they need the high temperatures to produce Hydrogen so the NaCN is a bi-product of Blue Hydrogen.

We want Green Hydrogen where Solid Carbon is the bi-product and it comes with little or no CO2.

The blurb I read today from Plenesys said plasma torches are 50% cheaper than electrolysis. And 50% is without the value of the Solid Carbon being taken in account to reduce it further.

Whether Plenesys claim is true for any form of electrolysis I dunno. I assume it is and applies to SM as well.

But is either company claiming they have technology when they do not? I guess I need to follow PH news because I'd love Tlou to move into Hydrogen and Solid carbon.

I am not being mean, DTE - I am just so bored it is nice to have something to do. You have provided something for me to research instead of looking at Latvian Beach Volleyball girl's legs and getting up a thirst! Nothing to criticise anyway, you just posted a link which might be neglecting an NaCN alternative?

"Sodium hydroxide is produced (along with chlorine and hydrogen) via the chloralkali process. This involves the electrolysis of an aqueous solution of sodium chloride. The sodium hydroxide builds up at the cathode, where water is reduced to hydrogen gas and hydroxide ion: 2Na+ + 2H2O + 2e- ? H2 + 2NaOH."

Found this and different rules between exchanges are a recognised problem.
The RNS is not a major problem, just ASX protecting us from deliberate mistakes I think.

" Advantages and Disadvantages of a Dual Listing

There are numerous advantages of a dual listing. Companies get access to a larger pool of potential investors, which can be beneficial for investors as well.

For example, many Australian and Canadian resource companies list their shares on European exchanges because of substantial investor interest, partly due to the relative paucity of local resource companies.

A dual listing improves a company’s share liquidity and its public profile because the shares trade on more than one market. A dual listing also enables a company to diversify its capital-raising activities, rather than being reliant only on its domestic market.

Among the drawbacks is that dual listing is expensive due to the costs involved in the initial listing and ongoing listing expenses. Differing regulatory and accounting standards may also necessitate the need for additional legal and finance staff.

A dual listing could place more demands on management as well, given the additional time required to communicate with investors in the second jurisdiction through roadshows, for example. "

Thanks for your honesty DTE. To err is to be human.

I made a mistake earlier, but now I have had time to think about the threesome!
To suggest PH had mugged TG was so silly!

Thinking it out, of course it always made sense for TLOU to accommodate SM rather than PH because the flares were ready and waiting and SM , if things worked out, were ready to take us up on the offer in 2021 or 1Q 2022!
Nobody knew lockdown was going ease, so the gas was being wasted for no good reason! Using it on a prototype was a no brainer.

Into 2022, SM clearly were not going to deliver on time, lockdown eased, so TG rescued Lesedi back for Serowe!
Not only were our Hydrogen plans on ice, but so were Pure Hydrogen's!

Who knows who latched onto PleneSys first? TG was committed to SM at their Brisbane base and it was preferable to France ! PH on the other hand were more suited to deal with PleneSys given the timings on their CBM.
if either company produced a Plasma solution, whichever one it was, then BOTH PH and TLOU were happy.
But if BOTH succeeded SM fitted our schedule in early 2022 , and Plenesys fitted better with PH and their plans for Botala a bit later. Now we are committed to Serowe electricity , if SM win the race , maybe their partnership with PH is intact and they'll be guinea pig for Tlou , rather than the converse (as planned in 2021).

As for the RNS - the funding with the Pension fund is DEFINITELY dependent upon convertible shares and I am guessing (like I suggested before) that TLOU needed to inform BSE, ASX and LSE and got the proportions wrong between exchanges? I daresay the low shareprice was a factor for ASX.

DTE,

I don't know where the Pension fund shareholdings lie. I'd expect them to be on BSE but are they split around all 3 platforms/countries? BSE may as well not exist if the locals are not obliged to make use of it where possible. I have not a clue if the Pension Fund is under govt control.

The convertible loans idea was surely for security, in case we cannot meet our repayments at the Pension Fund . The Pension fund expect us to be able to do that , make paper profits on their assets (shares) , pay dividends as earnings , and benefit Botswana.
And why won't we? Our coal fields and gas are hardly likely to disappear after millions of years, the Govt are on side , TG has done it before , the only doubt is that I have most of my savings invested here. I suspect I am not the only one with that doubt, we'll all be OK, some of us posthumously perhaps.

Italy have just been stuffed in the 4 x 100m mens relay semi-finals! They put out a weak team that scapped in as the slower fastest loser. Turkey had been DQ after a change outside the zone! They appealed because the Fins inside them had manhandled the incoming Turkish runner which was proven. The Turks were allowed a rerun on an otherwise empty track to try to beat the Italian time! And they did! The Italian winner of the 100m, Jacobs, is theref

Whilst I knew it was possible, I never thought it likely, that pension fund would write off debt with shares due to the inevitable dilution it would bring.
BSE:TLOU are trading at 1.75p and were 3.35p last August. Weighted averages need a period to be specified 15.45p in Jan 2018 was the peak on BSE.

Where did you get that news DTE or have you found an RNS yet to reach LSE?
What you believe is unbelievably good news imho.
It suggests the pension fund expect the price to exceed the weighted average * 110% by enough to make it worthwhile even though their current shares will suffer dilution. With a repayment holiday in force on the debt , I would have expected any convertions to also be suspended.

£7m converted @ 3.5p is 200m shares , an extra third , and beautifully easy maths? 800m is still happily short of a billion and has the same number of zeroes :O)


"Mmegi
Tlou seals P100m funding
Investing • Business ¦ Finance 10 Dec 2021
The Botswana Public Officers Pension Fund (BPOPF) is putting more faith in Tlou Energy, recently agreeing to a P50 million convertible loan deal with the emerging energy developer. The BPOPF, which is the country’s largest pension fund and the biggest investor in Tlou, has also agreed on preliminary terms for a further P50m equity injection in Tlou from July 1, 2022. The two deals will increase the pension fund’s stake in Tlou, from its current level of 7.87 per cent.
**************************************************
According to the terms of the convertible loan, the debt can be converted to ordinary shares on exercise of the conversion option by BPOPF at a 10% discount to the weighted average traded price.
******************************************************

BPOPF CEO, Moemedi Malindah said the pension fund took the view that its investment in Tlou Energy was a long-term and strategic commitment designed to help bring about vital assets and infrastructure for Botswana. He said the BPOPF was pleased to help Tlou assist in
bringing clean reliable power and sustainable employment to Botswana. Tlou Energy is one of the region’s most advanced coalbed methane developers. The company is also developing hydrogen and solar power capacity at its sites in the Central District."

The race is on, back in March this was said by PH team ....
The companies’ collaboration will start with a demonstration pilot plant in Brisbane which is expected to be commissioned within the next 12 months. (Now 7 months).

So SM and TLOU are theoreticlly in the same position? We have territirial advantage with both being based in Brisbane if both companies are still committed 100%.

Are PH and TLOU playing the field? Could be?

https://plenesys.com/plasma-methane-pyrolysis/

Plenesys has risen to "too good to be true " from "too bad to be false" was what I intended .

50% cheaper from CBM than water ...... happy days are here again. Will the French Govt support them? Given the Russian made energy crisis it would be a signal to Putin!

https://plenesys.com/products

My first dozen links made Plenesys look like a tin-pot one man business operating in an old air raid shelter.
Then I found the link above showing a young vibrant business which is only 4 years old.
Plenesys has risen from "too good from too bad to be false" and the air raid shelter might contain our first prototype in the future. The French govt are pushing Hydrogen but from the electrolysys/water direction! I still want a hydrogen powered motorcycle engine with pistons etc .... I live in hope.

From potential bigamist to spinster then MM. Turquoise Hydrogen , Green Hydrogen prospects look bleak.
Thanks MM , I cannot help wondering if PH used TG to make that move easier. It was a remarkably comfortable threesome - almost too good to be true - and that usually costs me money.

I don't think they have funding for Hydrogen/Carbon from Appi's post.

They are committed to Phoenix in the states and PFAS destruction is their target i.e. blue hydrogen.
Chris Dunks makes it sound like they have a torch working for solid Carbon as a prototype.
TG was expecting this and consequently made the flared gas at Lesedi avaialabe to them to turn that prototype into a commercial design. I don't believe Chris Dunks , the prototype torch did not work , his IPO pledges were based upon Green Hydrogen for TLOU in the near term and Pure Hydrogen in the longer term and his 16m+ evaporated as a result?

Pure guesswork, but I suspect Pure Hydrogen are his private backer. They stood back to accelerate Green Hydrogen production with TLOU while they progress with their own CBM in the Karoo basin. Once SM has completed their testing at Lesedi , they'd resume their partnership with PH and we;d take back Lesedi for Serowe electricity, knowing that we have a partnership for Green Hydrogen and Solid Carbon to prepare for. It was a threesome made in heaven but it could eend in divorce imho.

MM show some valour, and put your neck on the blog, everything in moderation is rubbish :O)

If you have been told, in confidence, exactly what is going on then of course you should honour that.
I imagine someone giving both sides of the possible outcomes , and you plumping for the most likely one (in your opinion).

Your opinion might be called a theory? But whoever told you can hardly publish the good and bad as I do all the time.

Just realised , I have not walked Poppy yet! Cloth head? I have treated yor post as a serious post, but can see a convoluted joke content which prompted my first line , and thenm as usual , I took it too far :o)
Walkies!