Used sarcastlically. When someone says sometheing they think is 'cool' or funny.
Jack: Dude, last night I had twelve shots of tequilla and didn't wake up with a hangover this morning.
John: Yaas you cool boet / Yaas you cool, boet-a-loet
boet boet-a-loet
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Meaning brother in some African language. Often used in context as "Brother from another mother"
eg:
Jack: What's happening boet?
John: Ah not much man
Also see boet-a-loet
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