You fell for one of llama's tricks Amhazair, as he often likes to give his mods file names that have nothing in common with the name of the mod. (as llama feeds off the frustration caused by hunting for his mod files)
http://forum.shrapnelgames.com/showthread.php?t=39989
ps - If like me you don't like the flag changes that the mod makes (especially for non all age games), then just delete everything in the file apart from the line at the top that reads...
#modname "Streamers & Standards, Llama's version"
As the mod is only a graphics overlay, and to access the turn file the game only has to be satisfied that a mod by the correct name exists. In this case it wants llamabanner.dm, and to exist a mod only needs the single command line...
#modname "insert at least one character here"