Member Info for mrmoagi

Today:
I am delighted to be back here at Khoemacau mine to perform its official opening, exactly two years after the ground breaking ceremony.
Khoemacau Copper Mine was developed and completed within the planned time frame, and it is a remarkable achievement considering the tumultuous situation occasioned by the Covid-19 pandemic. The success by Khoemacau Copper Mine is testimony to the spirit of resilience. I am grateful to the management of the Mine for demonstrating to us that despite the challenges of COVID-19, we can still implement national projects that will help reinvigorate the economy.
Government will create a conducive environment to make private companies such as Khoemacau Copper Mine feel welcome and operate smoothly and contribute to the growth of our economy.

Government will support the Mining Industry through infrastructure development which includes; cross-border railways, roads across the country; electricity infrastructure; and major water transfer schemes. Let me categorically state that I am leading a result- oriented Government that will make sure that our promises become a reality. When I launched the North West Transmission Grid at Mawana, near Maun in April 2021 – another successful initiative, I highlighted that the electricity grid connection will bring with it economic opportunities to the Ngamiland region.
I recently announced that we should revisit our problem- solving strategies; that we regroup; that we reset in order to deliver the promises we made to Batswana in 2019. Value chain development which encompasses citizen economic empowerment is one of the priorities under the Reset Agenda as they will unlock opportunities for new, high-growth companies in the private sector and create youth employment among other citizen empowerment attributes.

The Khoemacau Copper Mine will certainly advance our vision to create employment and contribute to the development of the nearby villages and Botswana at large.

Never seen you so chatty. And on the day when the company issued a quarterly update …. That told us precisely what Miner?

So you do get paid based on your number of posts, eh.

Love the way you are trying to make this about me. It’s a Tlou Energy message board bud.

I am enjoying seeing you squirm buddy !

Miner - after your years of ‘hot air balloon’ baloney, so the best you now have is the good old fashioned deflection technique …. Surely you have got more in the locker than this?
Oh and sucking up to Smith as well. That was pure class man !! You made me laugh again. Well done, that is the 3rd time I think recently

2 totally ridiculous posts!

Cash for 14 quarters - the cash was raised to build a transmission line primarily (read their pre-raise announcement); 14 quarters on current run rate means money is spent on maintaining listing on 3 stock exchanges plus salaries. And nothing material on project development…..

MM - you are clearly under pressure mate! Is your remuneration related to your number of posts and tweets per chance. You will really need to do much much better.

We are again being reminded that the 2 key aspects of Tlou (after a decade plus of activity) is securing a PPA for up to 10MW of gas fuelled power generation and related funding. And that (finally) ‘significant progress’ in both was achieved during the quarter.

Who wants to hazard a guess as to what significant progress actually means ?

Hydrogen and Solar are therefore not ‘key aspects’ of the company’s business; in time they may well become more key than gas but for now, they are supplementary rather than core.

The source and uses of cash for the 12 months was interesting reading I thought.

Tick tock, tick tock, and drip drip drip are thoughts that spring to immediate mind. I do however look forward to MMs 12p share price prediction. August I think he said - did he specify the year though ?!

Sit back and read a belter of a quarterly update tomoro then …..

What’s it going to say ….?

I remember Zimbabwe used to be part of Tlou’s gas strategy. Did Tlou have leases there once upon a time?

MM - you will know on this.

23 July 2021 – Zimbabwe is on a drive to entice investors and boost the country’s energy security. This is according to African Energy Chamber Executive Chairman NJ Ayuk, who met Zimbabwean President Emmerson Mnangagwa this week.

Zimbabwe is on a drive to attract new investors and projects to increase installed power generation capacity, diversify its domestic energy sector and boost country-wide energy security.

Committed to driving attendance at the upcoming African Energy Week (AEW) 2021 interactive conference and exhibition taking place in Cape Town from 9 to 12 November 2021, and promoting pan-African investment opportunities, Ayuk, Executive Chairman of the African Energy Chamber, conducted a working visit to Zimbabwe to open a dialogue on the country’s promising energy sector.

Across the country, power generation and transmission present critical investment opportunities. Existing coal-fired power stations require upgrades and untapped natural gas, and renewable resources lack exploitation. “Therefore, Zimbabwe is seeking new investors and projects to increase installed power generation capacity, diversify its domestic energy sector and boost country-wide energy security,” says Ayuk.

With approximately 30 billion tons of coal in 21 known deposits that could have a lifespan of over 100 years, Zimbabwe’s coal reserves have the potential to address energy supply challenges and meet demand across the region. Currently, the country’s largest thermal power station, Hwange Thermal Power Plant, has a capacity of 750MW, supplying critical electricity to the population.

However, with ageing power plants requiring upgrades and the country opting to reduce its reliance on coal, alternative power generation solutions are being considered and significant investment opportunities have emerged.

Yes, and the catalyst will be the quarterly update issued tomoro or first thing Monday.

Pathetic !

So MM - do you still reckon 10+p is a realistic and achievable price in the next month?

What you are basically saying is - there is going to be a flurry of activity in the next 30 days or so. And whilst I personally will not hold you responsible for the preciseness of your ‘boast’, trust me old chum ….. if pretty much nothing happens share price wise in the next 40 or so days, you simply are not ever ever never going to hear the end of it / me !!

BS - honest, you should just remain quiet now. Everyone, but you, knows you have nothing to add here!

MM - yes, you are right on the ‘with your immense knowledge’ opening pitch. After that, well sorry mate but Colm or Tony or S simply are not keeping you well enough informed. That’s what happens when you are a ‘hired hand’.
And frankly you have been doing a **** poor job of earning you ‘influencer’ fee !! But hey, I am sure you will manage to bounce this somehow to demonstrate your ‘successful’ track record …..

Of achieving nothing !

Your turn to kiss and tell MM

Well if I had a dollar every time you asked that dumb question ….

How about I invested in 2009 at 40 cents based on what was an incredibly well articulated investment opportunity at that time.
And now, 12 years later….. all that appears to be left is ‘hype and hope’. And that in the intervening 12 years maybe my incredible naivety has been replaced by incredible realisation that all we actually bought in 2009 was ‘hype and hope’.

Or maybe I am on a crusade to get other shareholders to realise they need to start putting pressure on TG and management to come clean, start telling us how things really are v yet more but different ‘hype and hope’.
Maybe I am just fed up with them moving the goalposts and with their disingenuous messaging over the years. Stop treating shareholders like this; some them the respect they deserve - pivoting on a regular basis to alternate storylines has gone on long enough. Deliver us something you said was being worked on !
Maybe I just have a strong sense of if management comes clean and tells shareholders what has happened, what is going on, then the market can take their view on supporting the company. Or not as the case may be.
Maybe at the end of the day, I simply realise Tlou is screwed and all I am doing is help speed up the collapse so that we get to the inevitable share consolidation and company recapitalisation.
Lots of maybes in the above….
Why don’t you tell me MM why all you do is contribute to the ‘hype and hope’ verbiage when it really is obvious that this outcome is under desperate pressure…..
And while you are at it - tell us how much you get paid for being chief cheerleader. And also where Tidd and Buzz and all the other cheerleaders disappeared to in 2018 and why they have not come back here to support you in your ‘hype and hope’ efforts

https://www.mmegi.bw/index.php?aid=90740&dir=2021/july/23

More aspirational news about raising funding so that Govt parastatals can consider investing in local projects that fit the development agenda.
And even if and when they raise such funding, what next ….. Yup, more applications by local companies for Govt/ BDC/ whoever to invest in them, followed by more due diligence, followed by more horsing around….. It is just a never ending circle of people keeping busy, achieving nothing, building nothing, doing nothing EXCEPT drawing their monthly salaries ….
It’s becoming farcical !! Just exactly how is TG going to spin this complete cluster fcuk of a country to us all later this week ….

As usual Smith, you demonstrate zero knowledge of power generation and role of BPC in Botswana. None.

The transmission network is owned, or comes under the direct control of BPC. An IPP will need consent from BPC as to where they evacuate power and inject into the grid. That gets done at a variety of sub-stations dotted across Botswana, and from there BPC will distribute electricity to towns, villages, hamlets and huts. Nobody will sell to a village or smaller directly - unless BPC first amendment their charter. And there is no sign of that currently.

You may/ may not know of the 400kV North West transmission line recent extension. This passes close to Tlou - it is much closer to Lesedi than Serowe but still Tlou will need to evacuate to Serowe for grid injection there.

UNLESS Ministry and BPC allow Tlou to build a grid connection point somewhere closer to home base. And who pays for that …..
So until Tlou mgmt start adding this to their hymn sheet, we can sit back in blissful frustration that really the powers that be in Botswana are totally determined to make life as difficult for CBM industry.

That has been obvious for 4 or more years now - to pretty much everyone but you know who …..

When are you ever going to admit what you really know about Tlou !

Eddie - you are just never happy. If Smith talks off topic, you tell him to talk only about Tlou. If I post things you don’t think are relevant or don’t like reading about Tlou, you tell me I am clown.

And looking at your posting history - 24 posts from Eddie since July 2017, and none of them justify why Tlou is ‘going to the moon’. Come on man, why don’t you tell us who you really post under…

https://www.mmegi.bw/index.php?aid=90762&dir=2021/july/23

More on Covid as reported locally. It is very far from over down here/ there.

I imagine some IPPs will locate their solar farm within 10km of a suitable grid connection. Others 50kms away, others 100km and even more.

Will the Govt pay the cost of all transmission lines or must the IPPs pay upfront? How then does an IPP recover that cost? What if Govt decrees they will pay one flat rate for solar (or gas) power - would an IPP selling a relatively small MW quantum delivered over a relatively longer distance be in a better or worse position of relative strength? Would it be better to build a transmission line with minimal power evacuation capability v one that is more expensive but which, over time, can be scaled up to accept a higher pay load?

All valid financial questions in my opinion. No doubt others will think just sticking a battery lead into the grid proves the concept and will be good enough to sell the company. After all, major energy corporations have big balance sheets and helping out struggling exploration cum developers is what they are famous for. Not !!