Member Info for mrmoagi

Ah but only one of us posts ‘stuff’ about Tlou that makes sense …..

Jeez for a moment BTS, when I read your post title, I thought you were going to say Brad and Donkey. I would have been distraught.

Bored beyond belief waiting on this bag of bones to do something.

Come on MM, say something to annoy me. Then at least we can argue over something. This waiting and waaaaiting and ………… is just endlessly dull. Even worse than BS BS

Smith, do everyone a favour please and just MYOB for a while. You genuinely have zero to add to the conversation.

Exactly my point - initial shares are usually allocated as seed capital (ie the bulk of his shares at super cheap price). Build the story to the point of listing (at 40 cents aussie); maybe (and I emphasise use of the word maybe) sell a few to raise cash for tax or maybe even recover initial cost. Thereafter draw net salary and reinvest that over time to meet rights issues etc.
That is a common enough play for rich punters hoping to develop and sell an exploration company in overseas jurisdictions (where they have little desire to live and work long term). I know plenty who have played this particular game !
Of course it isnt the perfect way to live, work and be remunerated. But do you think TG is working here for his salary or to get value into his shareholding…..
Sometimes you just gotta suck your thumb and wait …. And wait…. And wait …. Especially if playing in Africa.

No, I am not a conspiracy theorist by nature. But I have seen many different ways to skin the snake in money markets.

You can take whatever view you are minded to take actually DTE.
How about this one - TG is supposedly very rich from his previous commercial CBM exploits. He has a management team employed and tasked with executing on company strategy, the bull of which I suspect is guided by him and perhaps Mitchell (his previous CBM boss). The younger ‘turks’ draw their salary as they, like us all, need to eat and pay bills. Is their salary as important to them as TGs would be to him currently? I would proffer TG doesn’t need his relatively modest (for a senior CEO) salary as much as the ‘turks’ need theirs. Just a guess on my part - or rather a view I am more inclined to take.

Now, to the point - progress in Botswana is super slow but salaries etc still need to be paid. Tlou runs down its cash reserves and needs to raise more cash, to keep lights on and keep paying salary. TG takes a further pay cut; well done him. That sends a great message to retail shareholders - commitment and all that!!
But I rather fancy in TG mind, increasing the value of his increasingly significant investment in Tlou drives his thinking more that receiving a modest salary. To the extent he may keep a reasonably balanced scorecard over time where his top up investments on rights issue isn’t a million miles away from his regular salary withdrawals….
Lastly I don’t expect someone as seasoned as TG will be hanging his financial future or kids inheritance on the outcome of a project anywhere in Africa. I reckon he saw /sees this as more of a hobby and something to keep him busy and entertained v wanting to put in hard yakka yards.

Remember - just a view. You are welcome to disagree, as is your right. That doesn’t make you right and me wrong however.

Isn’t this fun !!

You gotta laugh at BS. He doesn’t even grasp the sarcasm of MopanTr about Buys on asx. Even thinks, yet again, another poster who expresses a negative sentiment (ie one different to his endlessly optimistic entrenched opinions) is yet again the now infamous Donkey under a different guise. The more people criticise the company, the more he is minded to defend. Just unbelievable really. And now he wants to report posts ….

Excellent post MopanTr by the way. I entirely agree that silence on gas flows and composition is probably anything but good news. I assume the wells are both shut in since it would be daft to continue flaring gas. If they have a sea of water, they would have to do something with it and give the silence on that, I doubt there is much water either.

But, Whizzer is right - there is a quarterly update in a months time. Will progress on PPA save them I wonder.

FFS, another BS BS special.

Wrong again. I don’t expect Tlou to progress unhindered by Covid. I do however expect them to progress notwithstanding Covid. Even just a little bit would be encouraging….

Put me back on filter; spare yourself the aggravation

I guess you don’t see then the seriousness of Covid currently in SA and how that will affect their country cousins in Botswana. More reasons for absolutely nothing to get done in Bots, not that they needed Covid particularly as the excuse.

So I am back off filter then Smith. Great, you might learn something.

More irrelevant rubbish - I guess you are just bored Smith.

How is that relevant to Tlou?

We all know what you can post though - absolute irrelevant rubbish.

Well OB. If news on the PPA is reasonably imminent, the markets and insiders are certainly showing much interest therein. Ending the week at 2.3 pence. Poor old Whizz will be blowing off again come Monday morning.

Look behind you Smith. I see a trail of blue smoke.

Yup - owned !!

PS how many is that now you said you filtered me. Yet here you are....

Cranberries / Zombie / guilty pleasure .... you are totally hooked .... and you simply are unable to shake your addiction ....

You know it; I know it; everyone reading here can see it ...... Owned mate, totally owned !!

Way after your bedtime cuppa Ovaltine Brad......

Eddie, my man. My agenda is to shine a bright light on a disingenuous management team that has lost their way. Force them to realise there is no Perth Pirates / Brisbane Bandits approach to getting rich quick in Africa / Africa.
Tony came; Tony saw; Tony thought he was going to take advantage and get rich quick. Guess what; he isn’t; we are not. There is one way to do this - and that is hunker down and do things the right way.

Not the opportunistic offshore Aussie way; but the let’s commit and bring value and enrichment and positive contribution to the lives of the African people where the (african) CBM resource is located.

And Eddsy - I have come across you and your type many times since 2017. You will go the way of all the rest; basically back up your own scrotum. Now please just go and disappear .... because your post demonstrates you clearly have no understanding of Botswana, or of CBM, so shoooo please .... just slink away into the same shadows you mysteriously appeared from .....

Smith, you must be really happy now. People to talk to; ability to occupy your hours, mind and days....
Talking your never-ending same same gibberish as to why TG is amazing, as to how he is totally on point; as in how nothing is his fault; as in how he will lead everyone to the Holy Grail; as in ..........

How come the share price is 2.25 pence.....

Oh stupid me, it isn’t TG’s fault. He took a pay cut, so he is absolved of any and all blame.

Maybe it is MM fault then.... After all, he simply has to be the most useless social media influencer and stick promoter of all time !!! The proof is in the outcome .... And the outcome is seriously PDA.

Pretty Damned Awful !!