Member Info for Winnimandala

Whizzer .. l think you will be happy with your decision..a few years from now .. as Warren Buffet would say hold for gold .. while the impatient and short term run for the hills .. we’ll not a true quote but that was his drift !

With all the upheaval in the UK economy .. and after years and years of slow or no progress in the Botswana project. I for one look forward to next year and the new dawn of Tlou finally achieving first revenues (hopefully) and pushing the project through the next few stages. Boy I think all the LTH deserve some reward for their support of the management and the company through some very very dark days ! And even Whizzer is still here??

There has never been any doubt about the potential. It’s reaching that potential is and has been the problem

I’ really hope she won’t be around that long.. I thought Boris was a tool .. but she is something else…! super Naive or amateur to say the least

For me it’s now a case of sitting back and waiting .. patients will be key here … as it has been for some time! Hopefully sooner or later the market will get it and the price will move up from these ridiculous low values!

Dte yes it did sound like that from the last presentation .. TG is very confident that finance is sorted as along as good progress is made for each trench of cash that is forwarded

Whizzer … RNS Lesedi Project Finance
30 /11/2021 outlines what I copied

So they have the $5m loan notes @7.7% ish

In addition to the Note, the Company and BPOPF have agreed preliminary terms for a further BWP 50m (~USD 5m) equity investment post 1 July 2022 which is conditional to legal agreements in relation to this process being prepared and finalised. Further details will be provided in due course

With funds now in place along with required approvals and agreements to commercialise our gas we look forward to pushing on with development."

I thought they had an option with the pension fund for a further $5m .. not sure about the details but think it’s in place ! Initial $5m then further $5m to finish the first phase .. but I might be wrong !

IG that is

If buying is available no problem

so roughly 1bn shares in circulation at the time of the take over .. it would seem Tlou might be similar on that front too

Arrow Energy listed on the ASX on 17 August 2000 at $0.20 valuing the company at A$25.6m. At the time of it’s takeover, 9 years later, Arrow was valued at $5 billion with a share price of $5.87.

Again the potential at Tlou could mirror this over time all be it a little longer than 9 years ........... so the potential is all there to be seen as things get closer to first revenues... nothing is ever guaranteed and there's along way to get to anywhere near this but.. The gas is there .. the market is there and the need throughout the whole of Southern Africa is there.. the next few years will very interesting.........HOPEFULLY

I think everyone who had been here long enough will know All GDR covid offering have been abject failures.. They are to expensive or late to the market .. It's now the POC genetic test that will either save or sink them. Both are unique and hopefully will be in demand over the next 12-24 months. And i think the share price reflects this PERIOD.

I think Tlou orginally floated for $0.50 AUD back in the day

Looking at sunshine gas share price it was 0.20 AUD in 2002 6 years later it was worth in excess $4 AUD by 2008 and the take over.. The potential here could be similar or even better in a number of years time.. This might have taken longer but thats life i guess! IMHO

Until Budd gives an up date i don't see this share moving much at all in short term... I guess next year will be an important year for the company on many levels.. the elephant in the room is funds .... or how to fund this business going forward .... will sales be enough in the short term? that requires some £500k per month income as a minimum ..... HMMMM now thats a lot for a company with no real sales history. or will they be look to dilute again ... that will require a large discount one would think ...

Whilst I agree Budd has been terrible for this share .. his silence is totally disrespectful for a company that relies on it PI’s for funding. His salary is also obscene for a company without revenues and should be linked to profit not funding achievements. But many treat investing on the AIM like betting on horse and expect instant returns, it might happen with some markets .. but GDR and the market it is in takes time! With many regulatory process to get through

Not sure how any true investors can see this as a negative! It’s part of the process to move the business forward. So how can this be a negative to real investors? Far to much nonsense written on this board

Surprised but pleased by this.. strong indication of interest from USA market …..let’s hope the FDA are more friendly to this product than the last. Mind you it is unique and has huge advantages for very sick babies!