Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Near bottom now and INC increasingly undervalued. To sell now would be foolish IMO. Hold and wait for news then value will return to INC. I'm not desperate to realise a large paper loss here just coz TW thinks it wise. Bad call from HSR, what does TW know that he's not let on? HOLD / BUY at this level.
I just topped up at 0.08 also. Good to see a blue start. Hopefully plenty of upside to come from this SP once we get moving here.
Exact same update was posted on HotStockRockets on Monday by TW, for subscribers. Hope the $300k lands fairly soon to rejuvenate the SP. Word has it that it's coming very soon then ..
I'm 45% down here, but confident this will go up fast when news lands. Hoping to buy more tomorrow to reduce my average. Only took a small stake after the HSR tip back in Dec. Like others I expected SP to go up, not this big drop! That's delays on AIM for you..
Due news and a good rise soon. HSR still tipping this as a Buy.
Interested to see if HSR are still bullish on INC given the recent decline on SP.
Expecting an update from TW on Insetco later today.. For hot stock rockets subscribers, According to share prophets link posted earlier.
- GREAT NEWS: landslide has cleared, road re-opened and transportation of turbine components commenced; first tower sections, nacelles and drive trains have arrived at the site. Main crane assembled at turbine location 5, ready to commence the assembly. Transportation of the blades in next 4 days. Project construction works to be completed within six weeks. Should see a nice rise in SP..
... with £5k of buying today we're up 8.5%, no sells. Yes this bodes very well indeed! Bring on the next news.. and let's see the RAME SP fly north!
smudgedan - many thanks to taking the time to post your notes here, much appreciated. All sounds very positive to me.. let's hope Merico can successfully sell this PPP product. Any timescales for their forthcoming plans as yet?
Bit more info: shareprophets seminar tonight 6pm - 9pm at Mirabelle's Wine Bar, 91 - 95 Clerkenwell Road, London EC1R 5BX. Presenters are: Insetco, Bluebird Mining, Collagen, David Lenigas on Horse Hill, Tom Winnifrith & Anand Sambasivan. 20 min per slot plus Q&A. Hopefully they'll post up a video of this soon.
My original buys at around 0.18 looking a bit silly now. So there's a bit of delay and a raft of impatient investors sell up .. at 0.14 or similar. Hard to understand why really, news is coming and this will fly, IMO. Hold on folks (or buy more at this bargain price)!
some more RAME yesterday to supplement my collection. When this gets the news we're waiting for, I'd expect it to move fast! Hopefully a news update is just around the corner..
Evening riddler. Not seen BA on here for a few weeks, did he move on? Less talk of funding now... but good post from KaChing on this yesterday, I do like the business strategy here, gives me the confidence to invest in RAME! Can see the growth potential. G'night all.
SFU - yes I really hope so mate. It will be good to see both back on the rise again, I'd like to see WSG back into the 30's soon .. then RAME back into the teens! I need 14p just to break even in this one. May average down if it drops any further, we'll see
I just checked RNS again to refresh my memory - 16 Dec: "Clearing the preferred route could take 3 to 4 weeks" .. so hopefully news is imminent now. Would be nice to see the SP lift a little too following the gradual slide of late .. I've been holding shares in RAME since Nov 14 and it looks like 2015 is going to be just the start of something big here, patience is a virtue ! I'm in WSG too, another waiting game that one ...
HSR share tip of the month. Insetco - initial target of 0.32p. Recommended buy at up to 0.18p
Northland Capital partners maintain their BUY rating on RAME. "A mixed update on the 15MW Raki/Huajache wind project but *positive overall* with the reduced transmission capex and operating costs more than offsetting the short delay that is beyond Rame’s control. Even this delay may be mitigated through liquidated damages payable by Vestas. The savings on the transformer bay coupled with greater efficiencies could boost the project’s IRR by 1.5% to 17.5%. We maintain our BUY rating." Now that sounds like a balanced view IMO .. see: http://www.*****************/northland-capital-partners-view-rame-energy-plc-lserame/
BA, you appear to have missed this important bit of the RNS - "significant potential savings in capital expenditure and reductions in transmission costs have been identified following recent clarifications of energy legislation in Chile. The Directors estimate that this could improve the internal rate of return ("IRR") of the Project by approximately 1.5%. As a result, Rame's IRR for the Project could increase to 17.5%. Potential savings have been identified as follows: · The cost of the new transformer bay at the substation that will connect Raki/Huajache to the grid will now be spread between all generators, and not borne by the Project alone because the transformer is now classed as part of the overall system and not 'additional equipment'. In addition, savings in operational expenditure of approximately USD 2million over the life of the project will also be achieved."