Member Info for mrmoagi

Nothing changed here I see. Suckered in a new investor to rally the share price to 2.5 pence and usual suspects back waffling about hat tricks etc. Not surprisingly, it has sent Smiddy into overdrive.

Same problems exist - Botswana politics at macro level; power evacuation through an easily sabotaged Stone Age technology of a transmission line; unproven consistent performance of horizontally drilled wells; strangely silent on the detail of future drill plans; unbelievable cow poop in local media about performance of Morupule B power generation capability; blue sky dreams of Orapa gas supply where the elephant in room remains as to who will pay for cost of turbines overhaul (probable replacement imo); and silence on crypto and green hydrogen and Synergen IPO - wasn’t it going to be the saviour once upon a time.

Smith still wrong; nobody panders to Morris (one good thing); everyone is still massively out of pocket and there is no end in sight for ongoing dilution and ability to generate meaningful revenue and cash flow. Profits are 5 years away still.

You know I am right. Not my problem if you don’t want to admit it to yourself xxxx

Come up and take another big deep gulp. A transmission line built with poles can evacuate some power, but not enough to quickly transform 20 years of exploration spend and accumulated losses.
There are a lot of other people to receive their dues before shareholders start seeing their due recognition.
Can’t wait to hear just how not different what is said in London this week was to what was said at a similar Friday luncheon in the city in 2017.
Answer - I expect it will still be all about the great opportunity ahead. Sigh.

I guess there is no prospect of you guys ever learning.

New drilling approach - did they ever suggest there was problems with the old approach. Or indicate the gas flows were way less than expected or hoped.

Tell me - if you drill horizontally in fairly narrow coal seams, then how do you think they are going to materially alter the way they drill?

Orapa - I told you before; I will say it again - for Orapa to switch to gas, the tender will go to whoever is prepared to import the gas from outside Botswana.

The Govt and BPC needs to be convinced that sufficient quantities can be extracted from Botswana coal seams to run a small scale power plant. They need to know this before they will award a tender to someone to supply gas to an existing Govt owned 90MW power plant.

Pure and utter and yet again total Disingenuity from Uncle Tony. He should be careful from here - even Donald Duck isn’t immune from prosecution in the USA for his utter nonsense !!!

FFS have you lost all control of common sense. You want to release equity in your house /kids inheritance to reinvest cash in a company that is currently under ASX investigation for release of news/information. The same company that has battled for 3-4 years to convince shareholders they have matters under control when clearly the tail (Govt) is wagging the dog (Tlou). And still they try preach the delays are not serious and easily caught up.
This is Africa; maybe they can but jeez you think in a few years time your kids will say - we understand your good intentions to try make a winning investment in Tlou, but why why why did you keep on chucking money in when the evidence was abundantly clear - all was progressing in the way the Directors were leading us shareholders to believe.

Utter utter utter madness.

But is your money, your inheritance to your kids, their gain or loss, …..

But HTG catch hold of your senses you demented senile old dolt !!

ASX finally woke up then to the disingenuous representation of opportunity and progress re the energy market in Botswana.

Is anyone reasonable enough to admit I have been telling you this for past few years?

I wonder what happens if this investigation into 2021 announcements leads to a further back review of earlier announcements…..

Oh boy, that would surely spell The End.

Well looks like the good old days of 2017 are back again. Here comes the posse.

Anyways, hope they are tight coz I am bored waiting. Surprised the world’s stupidest investor hasn’t been cozying up to the newbies.

Do you ever get tired of trying to justify everything about Tlou…..

Isn’t that the sort of definition of insanity

I guess you just can’t ever accept / admit you were wrong about something / anything. You must be / have been difficult to live with.

So the guy that felt it was his responsibility to keep any form of conversation going on this message board has single-handedly killed off all conversation. Well played that man.

Big weekend of local politics in Bots which thankfully went the right way. SIK has been accused of buying votes using money that was stolen from Ramaphosa farm several months back. Some of the stories in circulation are incredulous - reminds of the many hair-brained theories postulated by Brad.
The point of all this - Bots Govt is still locked in semi-paralysis. Nothing much going to happen there this year, yet again - they will starry looking forward to the Xmas long break by end of Sept no doubt.
How that country ever made it to top of any rankings for anything positive sure is a mystery to me.

More rambling then. Make a point you old fool.

Read your ramble a few times to see if I could make any sense - as usual, I failed.

So TG has a clear vision, knows what he is doing, has a plan and is executing as he best sees fit. Yet you are disappointed with SM over-optimism, crypto is questionable, is inconceivable Tlou approaching existing shareholders for yet more money, ….
Yet the company is still a year away from first revenues.

The absolutely one thing that Tlou will need to do is - tap the shareholders for yet more cash. That isn’t a debatable question; that is reality.

Possibly your most confusing ever rambling Smith - care to clarify

Think you are over-inflating the concern of rainy season. The extent of rain in Botswana is nothing like say the rains experienced in West or Central Africa. They seldom lose much time in Bots for any deluge.

Quite the joke this write up - wonderful similarity with Geofortis website. I have yet to see a better website re Pozzolan and it’s properties than shown on Geofortis website - if anyone has seen equally as good industry detail, please share the link.

Just wondering what you are doing with yourself these days Brad, given you are not preaching the Tlou gospel from the soap box so often?

I thought your reply below lacked any real conviction. Are you seeing the light yet perhaps …. Or realising your Next Great Thing isn’t the thing of beauty you tried make everyone believe.

Not much fun when reality kicks you in the chops, eh.

The country is distraught at the death of a young child taken in a ritual killing. Former Finance Minister was detained for 3 days for suspected involvement, released yesterday. Another MP also detained. And 2 tribal doctors were unceremoniously dragged from their lair just inside Namibian border. This is a terrible tragedy that now the country is up in arms about.
And of course the Finance Minister is running from BDP to Ian Khama side (BDP and BPF) for protection.
They have to protect him as he knows too much about the stealing when under Khama as President.
He should be worried and careful what he eats - he is probably a political liability now.

Botswana is really struggling to function effectively at moment sadly. This doesn’t help. And the jockeying ahead of primaries for 2024 elections has kicked off recently.
Why can’t Elected Govt just focus on governing - little wonder fack all squared ever gets done on the important things.
Disaster of a country currently.

And you clearly still have zero appreciation of anything of relevance to why Tlou has performed miserably and abysmally for the past 5 years.
You would rather play to an audience thing to appear cute and clever in the hope someone ticks your post - man what a pathetic way to measure your relevance in life.

Read the World Bank report. You might learn that Botswana reserves were declining ore-covid to warning zone level; dropped further as a result of covid; is working to Reset post covid from a weak financial, policy and macro-economic position.
All this = Tlou is going nowhere in 2022, and probably nowhere much better in 2023 as first Revenues dribble in.
Tell me - is the risk for Tlou share price performance weighted on the upside or downside oh most amazing brain of Britain ?

Very mature if you Mr UnHappy. You carry on in your little world as will I in mine.

I guess the point that most of you swallowed the Tidd poop of Botswana ranked 1 best in Africa, only for that being demonstrated now as an illusion means you need blame someone for your investment decision. I might be your obvious target for self-deflection - look in the mirror mate.

And read the World Bank report - it is actually very informative !!

Kinda kills the credibility of World Bank due diligence when they say
Even though coalbed methane will continue to play a key role …….

When a company ends up chasing its rainbow in a clusterfcuk of a jurisdiction, and it keeps doubling down on that desire - at what point should investors start pointing out the bleedin obvious to the CEO and management team of the company.

The reality is the CEO reduced his drawings because meh was embarrassed. Well that was over 2 years ago, and you cannot say he has been ‘boots in the ground, diligently working hard’ to turn it all around.
Rather he and they just hunkered down in Brisbane, found a great story a la Hudrogn prototype, suckered a few more for a fund raise, and we up where ….
Building a 100km cheap and cheerful and definitely not long lasting transmission line to evacuate some electricity ….
And mentioning crypto in the quarterly - well that is a sure sign of how little is left in the well.
Just a shocking quarterly !!

The price of electricity in Botswana of US$0.106 per kilowatt-hour (kWh) is lower
than the global average of US$0.135 per kWh,156 in part because of government subsidies. Botswana’s electricity tariff is partially subsidized and thus it is 91.5 percent cost reflective.157 Increasing-block pricing is applied to domestic customers and small businesses whereby the marginal price increases with customers’ average monthly usage. Although the subsidized rates for the first 200 kWh of monthly consumption ensure that nearly every household can afford a basic quantity of electricity, the rates do not have cost bearing and often raise a conflict between efficiency and distributional goals. With renewable generation rapidly expanding across many electricity grids, often as distributed renewable energy sources, the benefits of cross-subsidy transfers under the traditional electricity pricing model (that is, increasing-block pricing and flat rates) risk becoming increasingly socially regressive (that is, taxing the poor more than the wealthy).158 Similarly, in addition to demand-based tariffs, social welfare may also be improved by considering time-dependent charge pricing, which can incentivize consumers to change their consumption patterns.

Access and affordability

Access to reliable and affordable electricity supply continues to be a paramount driver
of Botswana’s economic and social development. In alignment with the global target, Botswana has made a commitment to achieving universal access to electricity by
2030. Two-thirds of Botswana’s households use electricity for lighting (versus other energy sources), one-quarter of households use electricity for cooking, and one-fifth
of households use electricity for heating (figure 4.5). 97 percent of public institutions, including rural schools and health centers, have access to electricity, mainly through
the grid, followed by solar and diesel systems. However, household access to electricity remains low by international standards and given Botswana’s per capita income, at 66 percent of households.154 Connection rates in rural areas, small towns, and low-income areas of the larger settlements are low as households in such locations generally find grid electricity costs unaffordable, and grid access is particularly low in the northwest region.155

In response, Botswana has started significant policy initiatives aimed at enhancing
its electricity supply security, reducing dependence on imports and increasing the contribution of renewables. Botswana’s power generation capacity is currently dominated by coal power plants (82 percent) and emergency backup diesel power plants (18 percent). The heavy reliance on coal has important negative environmental effects: in 2019,
annual carbon dioxide (CO2) emissions from coal reached 3.98 million tonnes, which is equivalent to nearly 60 percent of total CO2 by fuel type in the country, up from 1.99 million tonnes in 2010 when coal accounted for 44 percent of total fuel emissions.152
Even though coalbed methane will continue to play a key role and coal investments will continue—at least in the short term—there is an increasing policy focus on renewables. With abundant sunshine, Botswana has a comparative advantage to produce solar energy and support energy diversification in the region. The government of Botswana plans
to increase the contribution of renewables to the total energy supply mix to at least 15 percent by 2030 and 50 percent by 2036 (Vision 2036).153 The Integrated Resource Plan (2020–40), the National Energy Policy (2021), the Renewable Energy Strategy (2018), the Sustainable Energy Action Agenda (2018), the Rooftop Solar Program (2020), and the Renewable Readiness Assessment (2020) all reflect ambitious targets and plans to increase domestic power supply by increasingly using renewable energy sources. For example, procurements of a 2 X 50-MW solar photovoltaic (PV) power plant and 12 grid-tied
solar plants totaling 35 MW are currently at an advanced stage. One of the two 50MW solar PV plants and 6 of the 12 grid-tied solar plants have been awarded, with a total of 5 Power Purchase Agreemwnts signed.