Member Info for mrmoagi

Absolute carp !!! 2 horizontal wells should be way more than sufficient to produce gas for easily 2MW of power generation, and a heck of a lot more on top.
Horizontal wells do not all to each other in the same way the 5-spot vertical wells do - again, a readily understood principle by people drilling wells of any sort into coal seams.
If Tlou 2 horizontal wells are not producing sufficient gas yet, then it does suggest prima facie that they have not been a great success.
And this feeling will linger for as long as they ignore publishing flow rates and composition rates !!!

https://www.sundaystandard.info/diss-is-khamas-own-frankenstein-monster-former-us-envoy/

Absolutely cracking article - for those astute enough to comprehend the meaning and potential implication. The Khama boys are in the process of getting their pants pumped. About time to !!

Amazing insight Brad. Thanks!

Also water on your brain.

I think excess dewatering is an age related problem. It’s a shame the guru didn’t realise the wells were choked back for a couple of years, have produced very little water which then explains the low flow rates.
I guess Prof Google didn’t teach him that.

Pretty much all of us have moved on from the dewatering discussion. But keep checking what Prof Google has to say and keep us all updated.
We can all read your post at bedtime and help us get a decent night’s kip.
Thank you for your service !

https://www.weekendpost.co.bw/33888/news/khama-brothers-arrested/

P is for politics of which Botswana is currently awash with Plenty

https://www.weekendpost.co.bw/33832/business/botswana-global-mining-darling-moagi/

Oh dear, Smiddie just can’t get anything right re Botswana…..

Off course you have; that’s what self-absorbed people do - filter out all they don’t like and surround themselves with noise and people who only agree with them. And you are a classic case of delusional, self-absorbed behaviour.
Enjoy living in your dream world where all is milk and honey and great sounding plans and ambitions. And where nobody needs to deliver commercial success because time and money are in endless supply and will never run out in our lifetimes.

Please write a book about your views on why Tlou is so brilliant and on point about everything.

“We just need time wherever you sit”

Wow he has finally got it. A proverbial light bulb moment. Blinded by the light no doubt with his tarting self-revelation…..

Well done that man. How long did it take you to ‘see the light’ ??

Off filter again - what a non-surprise.

Even a broken clock is correct twice a day. You - never!

Do you think the fact that Khama has been living in SAfrica since last November, and that there is a warrant for his arrest upon return. Or that his 2 other brothers (who are twins) and one of their wives who were taken in for questioning by the DIS last weekend means Govt is functioning largely unaffected by in-country political problems or not (as the case may be) ?
The only person mentioning ‘coup’ is who I wonder….
Are you even aware of political developments there given you spend so much of your time self-educating by Prof Google ?
I am sure BTS is totally reassured by your message of TG support - did it sound to you like he was happy to wait another 5 to 10 years for ‘your progress’ to transpire…..
You have the empathy of a brick wall.

So you express remorse for maybe contributing with your endless (and unfounded) positivity in a stock that has not delivered any share price performance.
Then you go on to preach to BTS about share price and option pricing and suggest how he can profit on an option price over which you have ZERO control or influence.
HTG the ****e you spin is totally unparalleled in the history of message boards. You are so incredibly self-absorbed in your own mind as to how Tlou might or will develop that you fail to recognise one simple reality - after 13 years of selling its dream about CBM in Botswana (on licences it bought from it only CBM competitor) it has delivered precious little of business substance.
But you see none of this. You see only endless opportunity and endless access to cash - one of which is a limited resource and one of which is as endless as the vacuum in your head.

And then we have to suffer your repeated views on SM, a proof of concept pilot plant being engineered in Australia for use in Africa, in a remote location and far removed from normal logistical support networks.
You truly are unique Smith. So unique it is actually hard to succinctly summarise your undoubted insight here.
Well played man. Tell me - do you think BTS is impressed by all you have said and posted for the past 3-5 years on Tlou?
And do you think BTS holds TG in the same high regard as you so obviously do?

All I can’t think is What a completely self-absorbed individual you are.

Take a look at Kenmare results out today. And weep. EabITDA $260m

https://www.mmegi.bw/business/tlou-energy-seeks-to-supercharge-nation/news

Well Tony and team are at least consistent in their talking up plans and ambitions.

Slight misquote though - him saying Tlou has enormous gas reserves. Not yet you don’t Tony !!

https://www.mmegi.bw/business/bpc-intensifies-energy-independence-efforts/news

Extract from the article:
According to BPC chief executive officer (CEO) David Kgoboko, this PPA will improve the security and reliability of energy supply in the country, improve our energy mix to reduce Botswana’s carbon footprint and promote effective participation of Batswana in the economic growth.

“These are exciting times for BPC, and we couldn’t be readier to play a pivotal role of off-taking power from Independent Power Producers (IPP) thereby supporting government’s efforts to liberalise the electricity supply industry,” Kgoboko said.

“We would like to reaffirm our support towards these reforms, which are aimed at improving customer experience and providing affordable power to the nation,” he added.

The signing of this PPA comes two days after Tlou Energy signed a contract with Zismo Engineering on Tuesday to construct a 100km transmission line to supply the national electric grid with up to 10MW of natural gas-based energy, as per Tlou’s PPA with BPC in October last year. Deputy Permanent Secretary to the Ministry of Mineral Resources, Green Technology And Energy Security (MMGE) Nchena Mothebe expressed that these PPAs are a demonstration of the government’s commitment to securing clean and sustainable independent energy in Botswana.

“Since the inception of the Botswana Energy Regulatory Authority (BERA), we are witnessing substantial private sector interest in the electricity supply industry, which can be attributed to private sector confidence in the regulatory framework and environment,” Mothebe said.

“The authority has to date issued three licences for exporting IPPs, three licences for local generation, and has approved three PPAs for IPPs for local generation. This signals a progressive regulatory environment,” he added.

FFS stop posting this ****e !!

This is NOT a recommendation (to Buy or Sell) this stock. Rather this message is a suggestion for folks here to go research and analyse why, what appears to be a superb Copper play potential in Botswana is struggling to convince the market.
Copper in Botswana is not a proof of concept; Copper is real and being mined by Khoemacau and with aussie listed Sandfire Resources progressing their asset nearby.
There are parallels with Kavango and all other junior mining and exploration companies in Botswana.

Sitiain, an early investor in Tlou means you have been invested for probably 10 years. Luckily I did not invest at the time of ASX or even AIM listings, so my value destruction is considerably less that poor souls who did.
Many here have asked me why I am so ‘bitter’ towards the company. That reason has yet to play out fully but suffice to say, I totally Buy the fantastic potential for Tlou in Botswana. But I totally don’t or didn’t buy their apparent ease of achieving commercial success in Botswana. Many here still are clueless on the problems of doing business in Botswana; instead they hitch their wagon to futureproofing success because the Pension Fund are heavily involved. They may be right; I remain yet to be convinced - but I am totally open to being persuaded!

You mentioned Reserves in your prior messages. They are of course vital for the success of Tlou. The Contingent Resources previously announced are huge; the Proven Reserves can not yet be trusted however. Why?
Because the 2 horizontal wells L3 and L4 are not yet performing to a level that might allow SRK to increase their previously released Reserves figures which actually were fairly minimal - but of course hopefully these will scale up (and dramatically) in reasonably quick time.
The risk that this might not happen has not yet been openly considered by most on this board.
I am intrigued to know the reason for flushing the 2 wells, just as I am keen to see the company start releasing ever improving gas cows.
Again, these are by no means assured; and yes most here have simply assumed there is no problem lurking within this work and it’s outcome ahead.
Time will tell, as always.
It would appear the market is not prepared to trust a bullish outcome; rather it seems they want to see, hear and read improved numbers certified by SRK (or valid independent certification company).
One word of caution - don’t agree with me too much. You will be accused of being me under one more of my 20+ different aliases.
Also, I would be more than delighted to chat with you, given your longevity here.

Saitiain,
MM generally raise good points here about the prospects of Tlou, and he seems able to communicate with some on the management team.

BS lives for Tlou. An elderly gentleman who loves nothing more than to share his view on Tlou if asked. He will not hear a bad word written about the CEO; in fact his adulation of the gent is most strange. He also loves nothing more than spending hours on Google searches, taking and bending everything he reads into his version on how Tlou is joining up the dots. He also loves telling everyone he filters me; yet always seems to know what I post.
My posting this will spoil his day, and probably send him into orbit of abusing me.
My only crime, in reality, is saying starting 2017 that the company was nowhere near as far advanced in its business journey. Many posters here chose to ignore local politics, when really there is no other reason for the significant delays Tlou (and many other exploration commodity type companies) experience as they try to commercialise. Unless you have a huge balance sheet and are a recognised global player, Govt will make you wait. And wait. And wait some more. And some more again …….