Member Info for BadApple

You would consider what an anonymous poster on a BB told you a finance officer said over the phone to be satisfactory and a reason to invest? That is the problem with investing and investors losing money. Official RNS via London Stock Echange is the only way to ascertain that information and any CFO giving out the current cash position other than doing so via RNS is not doing his job. The FCA would be on that in a second and quite right to.

7k shares?

I seen the post this morning as I logged off on the bell. It looks like he maybe missed the fact that the recent placing and the loans stated that the proceeds would be used for DD. Now in my limited ability that tells me that if they had to raise funds via placing and then they had to take on further loans then they can't have had any cash. Is that a fair coment?

I'm just shooting the breeze and seeing how things go with a view to investing. Not sure why you would need to feel the need to be sure about my purpose? We are all individuals here yeah? That article you posted. Did you write that? or were you just posting the link to it?

They aint roll over trades. Like you said they go through at the same time in every instance. Just trades being matched up to let the seller out imo

They are on L2 and show as trades from last night. Both sells under 14p

2 x 250k sells showing up.

morning pal.

I have called and spoke with a thousand CEO's in my time mate and what I have found is that if it's not in the RNS then it's not worth a dime. I'm sure will agree that the market is reactive and a phone call won't change that. I said it seemed you were all on edge with the ticking off from I got from Harold and the coment from yourself with regards to me being voted up by one or two people. That was a bit telling for me if I'm honest. lets face it, unless you know all the guys that have posted on this board today how could you possibly make that kind of coment? You don't know them all do you? Don't sweat it trying to find out info to put my mind at rest mate. I'm more than happy to have official news via RNS. Nothing else other than that would do if I was being homest and no investor should take anytihng other than official news. Like I said, over the next 5 weeks we should get clrification on the points I have raised and then and only then will we be good to go. Now in the meantime lets enjoy the tranquility and focus on what's important. News that DD has been completed and either accepted by Sanatader or declined. Soon as that comes, we can start looking forward but until then it's all just complete speculation. I will be around anyway whilst we wait. GL mate

Don't get me wrong, not having a go. Not at all. I know you said from memeory but I was only correcting that as it was a legacy figure which has clearly been exhausted hence the placing and the loans. Was that not a fair comment? The current cash position is clear imo. The placing rns and the loans rns states why they needed to raise funds. The presentaion is not going to make any difference to the DD, the cash position and meeting deadlines, these are real time events and future RNS releases will keep us up to speed. I never took a stranger word for anything. I corrected your cleaim on the cash position, that's all. I have not got a clue about being voted up or voted down. I guess there will be people who agree and disagree without it having to have a sinsister meaning behind it. No bad intentions towards you mate. You all seem a bit on edge. Theres been 500 posts in two days no mention of the cash and DD requirements. Surely bringing balance to the board would be welcome for people looking in? Don't confuse balance with anything else mate. You seem like a nice guy.

Just shooting the breeze? what's wrong? The company stated they had to raise funds to comete the Due Diligence requested by Santander. The company said that not me. It's FACT. All of the monies raised will be used on DD so they will not have cash on completeion of the DD. That surely stands to reason? I don't think I stated any wrong facts but then feel free to explain where I went wrong. Dissapointing to get a slap down for trying to shoot the breeze. That type of resonse is normaly associated with someone who has something to hide.

I am very interested in making money but I won't gamble it because some glossy presentaion paints a pretty picture. I'm a bit longer in the tooth than that mate. There are some critical milestones to be achieved here before it's a sound invesment. I know you claimed to have Invested without fully researching the company and that's your call. I have looked at what's important to me and that's cash, DD approval and clarification on the 20% which will be needed to push things on in the event of approval. I never seen one mention of any the points I have raised here today and there was even a suggestion that the company had cash of £1.4 mill when it's clear the comany don't have cash because they just done a placing and obtained loans for the DD.. Once the DD is comeplete they have no cash £0. Not a big fan of pretty pictures, just the facts and you can usualy find them tucked away far from the pretty pictures.

Thanks mate and you.

To be honest I have seen a thousand glossy presnetaions over the years and they genrally don't mean anything other than what they were designed for. Handing out to potential investors and securing funding. This is more about getting things done on time and getting the DD done and the agreement with Santander done and dusted. Then, they need to clarify the cash position and how they move forward. They have untill the 31st of December so untill then I don't see any point in looking beyond that date. That's critical imo and next news will tell us how it will work out. I will keep my powder dry till then. With the uncertainty that's the safe option. for at least another 5 weeks.

I'm not knowcking it, just making observations that with no cash, current projects not starting till next week it's going to be next year before they have anything up and running. They are heavily reliant upon the Due Diligence that Santander have requested and untill that is achieved and relased via RNS then this is a very risky play imo. Like I already stated. If the Due D does not meet the criteria specified by Santander then there is nothing that rame can do other than a cash call and the project stalls. Again, even with an agreement they will need to raise cash to fund there 20% which is $15 mill.

Thanks, so we both agree and on the same track. Sweet! Two things concern me based on my last post. 1) If the DD does not meet Santanders criteria then that leaves rame up a creek without a paddle. having rasied funds done the DD and no invesment it would be a disastster. 2) If the criteria is met having carried out the DD we know that leaves us with no cash as the proceeds of the placing paid for the DD. So, how do we meet our 20% obligation? 20% of 4 wind farms is approx $15 mill. Clearly Rame don't have it so another placing? Just shooting the breeze and trying to pin things down.

I seen that with regards to funding the Santander will take on 80% and Rame will pay 20% This is obviously on the condition that the Due Dilegence required by Santander is completed and meets expectations. So Rame pay for all the DD and Santander agree it meets their specificed criteria they will go ahead with the deal as agreed? Am I correct in saying that mate?

I'm the same mate, Finance ain't my thing either but by looking at the recent news you can see that all the proceeds from the placing cash was ear marked for the collection data so it's safe to say the cash pile is very low to £0 at this point in time. need to try and understand where old banco fit into this? So they are providing the funding of $69 mill in the form of loans?

Thanks, So what's the deal with them mate? Always good to have a bank on side. Any additonal info on that mate? 11:55 post gives just a brief mention of them ?

£1.4 mill cash? that's impossible mate. The interims reported on the period up to the end of June. Which will mean that cash is almost zero ie £0 You see thaey had to do a placing at the end of August where they raised £750k which was about £650k after expsenses. Then, you have to remeber that after the placing they had to take on further loans and that was AFTER the PLACING so funds from the placing must have already been used as well as the cash at the end of june. Otherwise, why do a placing and then take on a laon too? wouldn't make sense? They also clearly stated the funds where going to be used for the testing of wind speeds Or in other words, the collection of data? So I would say cash is £0 I would welcome your feed feedback.