Member Info for mrmoagi

Here we go - what Tlou and Tony will be selling us in the next quarterly report

https://africa-energy-portal.org/news/angola-namibia-green-hydrogen-project-goes-5gw

Time to take a step back and smell the coffee.

There are thousands of exploration companies in multiple commodities beavering away to transform themselves into a financial success. Very few end up successful.

Tlou listed itself on a CBM gas to power generation platform. And reaffirmed this intention recently saying power generation is main project. BPOPF funding is for the power generation project.
It is not for Hydrogen, or further drilling of exploration leases. And it most certainly is not for crypto mining investigation.

650m shares in issue; a PPA and funding for the main project; no response from the market on that major achievement actually. And certainly no market response to Hydrogen proof of concept and no response to crypto BS.

Credibility - does the market believe Tlou and Tony actually has any ?

Sue Perkins will probably host a Big Van life road trip as well.
PS there will be more O&G wells drilled in one small US county than are drilled in the whole of Botswana. Man, you are so off your game these days.

It was a simple question…. Asked by an intelligent poster here (of whom there are not many here)

So Morris ……

You can’t actually make any of this up. Deluded; delusional; devoid; )share price) destroyed; DUMB.

Calls into question whether they really do have all the approvals in place needed to be getting on with it.

Actually, I am going to share what I think will happen ahead for Tlou.
They will use current cash and BPOPF money (assuming it is available) to get the transmission line constructed (assuming they actually ever dig the first hole). Then it will be handed over to BPC and Tlou should then be a power generation company (admittedly on a very small scale).
Then, to drive the company and the business forward, they will need to restructure the balance sheet because eventually they won’t be able to keep issuing shares and the auditors will require a fair value adjustment to the Exploration n Expenditure amount. That adjustment is likely to be significant.

The restructuring will be done at a time when power generation is demonstrated, a new partner will be found and they will drive a hard bargain for their equity. The share consolidation arising from this will mean we end up with 10% or less of current shareholding’s, but faced with no money to finance going forward, there will be little choice.
As someone posted a while back on Advfn (not me), Tlou is well into its death spiral. This is why I think the market no longer believes any of their news on ‘progress’.
And chief cheerleader Morris will disappear into the same vortex as his predecessor mates.

Whizz, it looks to me like TG has taken a big step back here and is leaving it to Salomon, Clueless and GG to drive. And they will trot out Tony for the odd interview when good news /progress happens.
The pace of developing any business in Botswana is so pathetically slow that I can easily understand why TG would be bored of it all now. His money is invested; he can’t get it back; he can’t influence matters in terms of speeding up ‘Govt’ so I doubt he spends much time anymore on Tlou matters. And at his age and history of health issues, I would doubt he has much desire to plane hop to Africa (transiting through Joburg) and then spend 4 or 5 days in Gabs to achieve probably 2 hours worth of real work.

Share price 2.5 pence; options ahead for exercise but there will be major selling pressure at 4pence level on the off chance they manage to get a story going. So they will expire. Jeez, how many lines of post did the ‘egotistical one’ type on these options and how they were an amazing offer by Tony to us all.

Whizz, I been saying that for years mate. Cheers leads the news; trash talks anyone who dares disagree or challenge.

Just like I been bashing the Board, like yourself, for years. Big talk, big plans, big issue of shares, not so much big at managing to ever get anything economically rewarding for all shareholders of the company achieved.

Are you really so egotistical that you think people want to read all the tripe you post here off topic ?

Lest you have forgotten, it was:

“MM can you tell me where it has been announced that the transmission lines will be transferred to the BPC. I've been back over quite a few RNS's and cannot see this anywhere.”

(Smith, be a good chap and let Morris speak for herself)

Funny, the association between cryptocurrencies and reclining armchairs eludes me.

Enjoy your weekend. Talking to yourself, as usual.

Why would the higher tariff cease at transfer date?

If I said back in year dot that transmission lines all end up under BPC ownership, according to your post I am undependable. Interesting logic, even for you.

Txs Smith - more usual irrelevance.

Cryptocurrencies have become the talk of the town, a major bone of contention for some and an opportunity towards new investment frontiers for others.
For many African economies, cryptocurrencies like Bitcoin have become major game-changers, allowing vendors to avoid the evils of inflation, and allowing new and dynamic African investors to take advantage of crypto’s soaring prices.

Outside of Bitcoin, other crypto projects have also taken precedent and provided investors with new frontiers within the cryptocurrency realm. In this article, we explore the four best crypto projects in 2022 for Africans to invest in.

1. Polkadot

Polkadot is often referred to as a ‘blockchain of blockchains’ whose main objective is to facilitate the building of new networks and make this easier for developers.

It allows users to develop new blockchains that work in concert with current ones without relying on complicated bridging protocols.

The network enables these chains to be entirely configurable without sacrificing the underlying security and safety. The most extensive capability of Polkadot, however, is powering the Web 3.0 revolution.

2. Yellow Card

Yellow Card was launched in 2016 by Chris Maurice and Justin Poiroux with the intention of enabling Africans at home and abroad to purchase and sell Bitcoin using their local currency via bank transfer, cash, and mobile money.

The firm was formally launched in 2019 in Nigeria where it has over 35,000 merchants and was believed to have processed more than US$165 million in crypto remittances in 2020 alone. That same year, it expanded operations to South Africa and Botswana and raised $1.5m seed capital to offer its services in Kenya and Cameroon.

In 2021, Yellow Card will be adding new capabilities to facilitate more frictionless transactions. The app will support some local languages, including Igbo, Arabic, Afrikaans, French, Hausa, Luganda, Mandarin, Portuguese, and Swahili.

3. Solana

Currently one of the fastest crypto networks around, Solana spearheads the research and implementation of contemporary technologies like dApps and smart contracts. It is one of the only tokens that can operate both on a proof-of-history and a proof-of-stake consensus scheme. The SOL network also handles more than 50,000 transactions every second, the quickest so far.

While Solana was not the first network to utilize smart contracts, it today has more than 350 distinct projects running on its network. It also restored more than 17,000 percent of its value in the previous 12 months, presently standing as one of the top 10 currencies by market cap, valued at $53 billion roughly.

4. Akoin City

Akon is creating a futuristic $6 billion Akon City in Senegal, which will use the akoin cryptocurrency (AKN) as its primary currency.

As of November 11, 2020, akoin began trading on Bittrex Global versus BTC and USDT as a pilot for Akon Metropoli

You seem angry tonight Morris. Any reason?

And all I am reading is noise. Makes me think you are flaring some gas of your own.

Always enjoy your interjections Morris. Just as I am looking forward to you sharing how you see it working.
You have become ridiculously obvious with your posting here you know.

If Tlou has surplus gas that it would otherwise flare, then I think something here is badly wrong.

Get connected to the grid and sell the electricity, which then sells the concept. And Botswana can start to develop an entire domestic indigenous own power generation plan.

Anybody want to tell me where the crypto mining room is going to be located?
If it is well away from Lesedi (frankly it has to be) then the gas needs to be collected, cleaned and compressed on site. Then transported to the Buyer.
If Tlou can make a business model out of that, then fine - whether is crypto or mining or hospital or school or any domestic large scale user of compressed gas in Botswana is totally fine with me.

Just get on with it !!

‘…. the woman who had slept her way to the top’

Well, that should raise more than a few eyebrows given today’s perception of old school, mysognistic attitudes etc. Rather than report your post (always the easy cop out option) I prefer to point out it merely reaffirms in your own mind what a legend you once were.

PS Zippy as MM the question. Is it so utterly impossible for you to let anyone else speak for themselves on this message board.

Thanks, although the request was about crypto specifically here rather than your widely shared views of Tlou and TG in particular. Those views are, I believe, well enough understood by most regulars here by now.
So perhaps you can take some time to share your thoughts on how crypto would develop for Tlou.