Member Info for mrmoagi

I guess Brad you don’t realise I gave you the opportunity to transmit here …., given that nobody could GAF about your thoughts on ‘Tlou’s dilemma’.

Shame you didn’t pick up on it; everyone else did.

Trust me, 99.9% here dont GAF

Smith - nobody is interested in your stupid ramblings.

TB - insult me if you want, but as in first line above - nobody GAF about that either.

This stock is a toilet !

https://www.google.com.sg/amp/s/www.thehindubusinessline.com/opinion/time-to-tap-coal-bed-methane/article33964626.ece/amp/

An insight in Govt policy and industry support requirements to facilitate the development of a healthy, vibrant CBM market using India as the benchmark.
It is clear Bots Govt is a long way behind on both Policy and industry support needs. Sadly.

https://global.chinadaily.com.cn/a/202111/29/WS61a48240a310cdd39bc7823d.html

Now that is a big pipeline for CBM

https://www.neweurope.eu/article/mongolia-advances-renewable-energy-resources-through-a-green-hydrogen-project/

Both are large land-locked countries. Both dependent on a large neighbour for economic improvement. Both have huge underground coal deposits and hence theoretically huge CBM resources.
Interesting article in some respects then given the similarities to Tlou market place, and struggles to get established commercially.

Headline from the weekend papers.

Well, Tlou have been dealing with a slow moving, Govt funded parastatal which isn’t minded to move at all fast.
And thankfully, when inertia sets in for too long, then along comes a disruptor …… It absolutely is time for BPC to feel the pressure of competitive threat; maybe then this ballix that is ham-stringing Tlou might start to clear…..

But the real question currently is - How Low is the share price going to sink this week?

And where is Morris ? Come back Morris. Morris we miss you ……

https://www.mmegi.bw/news/a-tribal-showdown-khama-vs-masisi-vs-uncles-vs-morafe/news?fbclid=IwAR0rKG1XAQeHgrb8LmbfOZmFa5YQbuZ_9E1VGvKLSq47F0iM8TA7xADwmMQ

….” largely complete & following final signatures, the work will commence”….

Such a shame they forgot to finish the sentence.

And as usual, you are now the resident guru on all things crypto……. And everybody else’s opinion is drowned out by your desire to hear your own voice

Yawn !

How about TG just does something then. Whether it is stupid or not, time will tell.

Is amazing what a headline or story can disguise or omit. Rigs in Texas drive along highways and roadside short off-road distance to get to these stranded gas flares.
How many of these rigs are in Botswana?
How far off-road is Lesedi and the 2 wells where the gas source originates?
What further infrastructure is needed at well-head to make it compatible with one of these rigs?
How long will it take to order and deliver that infrastructure?
Given the well-head is located well off the beaten road, how long are these guys going to stick on/off shifts in basically a wilderness?
Who provides back up generators? And the diesel? And who maintains the camp where everybody needs to live, be fed, washed and watered? The crypto miners want only to turn up, plug in and get to work so it ain’t going to be them. Tlou ain’t going to need much of a camp presence either unless they are ready to spend money on well-head infrastructure and generators needed once the grid connection is near ready (a year plus imo).

It is one thing to say something looks and sounds a great idea; quite another to execute and deliver a plan around it.

Ask yourself - what are lifestyle companies good at?!

Selling the dream !

Look for this guy on Facebook and follow his posts. Very entertaining since he is dishing out lots of dirt on past behaviours of the Botswana elite under SIK regime. Not easy to know who he is talking about, and their place in the scheme of things. But the key message is about corruption perpetrated by the Khama Family and partners.

2 main ways to value Tlou imo:

Value of Resource/ Reserves - yes there is an awful lot of gas in the coal seams. What is needed in irder for an O&G major to offer $100m, $250m, $500m, $1 billion? There is going to be a billion shares in issue within 2-3 years, so make your own assumptions, do your own math. But whoever wants to buy Tlou lock stock and smoking barrel will drive a hard bargain - because Tlou management team are not a team prepared for the long haul in Botswana.

Earnings valuation - let’s assume Tlou was generating $100m EBITDA per annum x 10 or 15 times multiple / shares in issue. Every fund raise and shares issue crucifies our proverbial pot of gold. I did say $100m EBITDA - in 5 years time, 8 or 10 or how many …..

Basically - no get rich quick scheme anymore here. Tidd and MM and Buzzard and someuwin and wheniamfree all killed that golden goose back in 2017/18.

Strap in for at least 3 years, probably 5. Tony will transfer his shares into his kids Family Trust since he won’t see a return. And Smith will still be telling us share price doesn’t matter and shares in issue is just a number

Well that sure is a jolly interesting perspective zzzzz

TB and HB - I think you are twins. I mean, if you are going to verbally dice me, at least say something different occasionally.

Lads, sure is only a bit of fun. But I do think you should try some new material.

Bucklerfern - he knew his stuff. Kenner not really.

If you didn’t keep insulting me, I would have nothing to respond to. Just saying

I don’t bear a grudge against anyone on this board actually. I think there are a few who have their head reasonably well attuned to the reality of this ever-evolving, going nowhere excuse of an energy company.
And I see it as my public and civic duty to try educate and inform the remainder that simply were, and still are, too gullible and optimistic in their interpretation of the investment opportunity here.

Just goes to show, you can have the best sounding project plan and an amazing project team/ management (except this lot are not) But if Govt regulation, policy or ambition in the jurisdiction you operate isn’t able to align with your project plan timelines, it ends up costing a lot of money. Money that always has to come from somewhere.

Don’t worry Smith; you will get it one day.

Clearly in Tlou’s case, they do.

https://www.miningweekly.com/article/asx-resources-companies-spending-records-on-exploration---report-2022-02-11

With a booming exploration market, just our luck to be stuck in this bag of bones……

They cried wolf a few too many times me’thinks.

Since we are talking peas in a pod, which stage are you 2 planks at:
D
A
B
D, or
A

??

Most folks have already come to terms here. What is taking you 2 tools so long to cross your rubicon ?

Thanks Forrest. A brilliant way to sum our differences - you think I wanted to know the distance to Orapa.

You couldn’t make this Poppy Poop up. Clueless doesn’t come remotely close.