Member Info for Bolgas

Birdy doesn't exactly excite me from an investment prospective but does know how to pump a share, creating actual value appears allude him. Getting back on-topic this is now Reynolds baby and I've had many a profit from his businesses, NIPT and OPTi being my standout investments of late. Personally recommend putting past behind and concentrate on future there's nothing less appealing to new investors then those disgruntled who can't let go of past. There's potentially a bright future here if you give it a chance.

> subject to the completion of, inter alia, legal, financial and technical due diligence, which is yet to commence Could well be right, however that statement is meant ambiguous as perhaps the BoD had expected today's announcement, perhaps needed it in order to secure said deal. I can't see many wanting make such agreement without such an important part of the jigsaw being approved by shareholders, if it isn't approved the whole future of REAC is in question. It will be approved as it is a cracking deal, shareholders will in the long term be rewarded, but short term there's not anything in terms of transformational news landing until this is confirmed. All IMO, today's news does confirm the share is traded below real value so who knows what will happen, AIM isn't exactly predictable, but I'd say news isn't imminent although you couldn't have hoped for much better news then what landed today. GL.

> The terms of the Heads of Agreement between the parties are legally binding, however, are subject to the completion of, inter alia, legal, financial and technical due diligence, which is yet to commence and is expected to take approximately 60 days Problem being there's not much action now until late February at best, I doubt finance will be sorted until after EGM on 6th February, or much else for that matter until this news today is confirmed by shareholders. Can't see anyone wanting provide funds with this uncertainty, it will need clearing up before firm commitment from investors IMO. Cracking news, however don't see much happening personally until after EGM. Share does remain undervalued and there's some very good research on this thread. I'm sure those holding will be well rewarded but a little patience might be required to realise that true potential.

Used to be Camco Clean Energy, changed name to redT Energy late last year as they changed from carbon credit company to a pure play energy storage play. I've bagged on some of my holding but still adding, the potential is staggering considering the price it is today, most players spend north of £100m just to get a product, we have a commercial product that's fully externally manufactured, tried and tested. The CEO, Scott McGregor is one to play things down not a ramper and holds significant amount of stock, also one of the founders owns 20% plus so you know it is being run like a proper business. Last talk I had with Scott was an eye-opener, if they pull off one of these larger deals then it will propel towards a billion market cap soon enough, might take 18 months to do so, but it has all the ingredients of being a billion plus. Here's something you might like to read, if the exceed sales forecasts from previous broker, who knows what will happen:- What all this means in terms of real money the company has not said, but writing earlier this year the group’s house broker finnCap said: “We expect orders and revenues to build rapidly through 2016 and beyond.” The broker added: “We see unit sales building from 20 in FY2016E to 3,000 by 2020E, driven by utilities, operators of renewable energy generation assets and remote telecom base stations. On this basis we believe the business could be generating Euros130m revenue Euros14m earnings before interest and taxation (EBIT) and Euros net profit by FY202E.” This is the stuff that dreams seem made of - but then dreams can come true. In the meantime, in a more recent note finnCap says the share have motored up from a 52 week low of 4.50 pence to 8.25p currently. The broker has set a target price of 14p. http://greenbarrel.org/10-news/510-redt-energy-starts-to-make-headway-as-a-pure-play-on-commercial-and-utility-scale-energy-storage Here's from the BDM job advert earlier in year:- Financials redT is a Publicly listed company in London, one of the few pure play listed energy storage companies in the world. So far this year the company has raised £3.5m from an equity placing of 11%, with a further £2.2m incoming from the sale of legacy assets. These funds supplement existing cash reserves and are being put to work right away to improve the company offering and expand horizons. The latest analyst report on redT estimates revenues growing to €60m by 2018 and well beyond €100m by 2020 - their internal targets are significantly higher.

Might be worth a trade!! Bit like 88e always worth a good trade that one, I'll take a closer look, thanks!

Heard of them before, not looked into it much as I personally not interested in oil stocks, interesting article from FT the other day estimating peak oil by 2021 after that will be in steady decline. You have likes of Saudi divesting into renewables, Tesla cars that are nearing parity with fossil fuel counterparts and likely to become cheaper by 2020. Renewables are the new oil, lithium is overly priced and over subscribed by masses, take a look at some new technology that is under the radar, personally betting on redT Energy to be the next ASOS type investment, market place set to be worth north of $210 billion by 2025 (new market place) and they are set to be at the forefront of it having a third party manufacture in Jabil (make Apple products who approached red) and are about to have several sales announcements on their Generation two product. Completely under the radar of most investors. Here's the FT article, they have done a piece on redT in the recent past saying it's a game-changer for renewables, worth a look. https://www.ft.com/content/6f89e2ea-948f-11e6-a1dc-bdf38d484582 Some investors are already fleeing the sector. The Rockefeller Brothers Fund, the family foundation built on the riches of John D Rockefeller’s Standard Oil, is in the process of divesting fossil fuel holdings and shifting money to clean energy.

Cause he's not, absolute rubbish. Besides who needs delete all data, some things need retaining IMO, last thing the world needs is a hiding ground for pedophiles and the likes. Read his/her posting history, nothing but "tosh" spews from that keyboard.

Oilriches, must stop liaising with you, each time I do my shares take a battering the next day haha!!! Back to RMP, anyone who'd of said we'd be trading nearer to 1.5p than 1p a few weeks ago I would of thought was mad, it's actually looking quite strong here and can't be far away from news of some sorts that will create a little sentiment again as we had last year. Not been posting here for a while but still hold, soon as there's news or something in pipeline I'll be active here again, until then it really is a waiting game, with those recent substantial holdings taking place there must be a clear vision that'll undoubtably add shareholder value soon enough.

I'm not sure what anyone expects from this, sells and buys are reported by the MM's and translated by third party software to determine buy or sell, it's not the MM's problem they are interpreted incorrectly by third party software. Besides you can determine the real buy or sell price by looking closely. Now if that was for making delayed buys or sells illegal then that would certainly create a more level playing field, what is proposed here will never make any impact, unless they banned all third party software? Make life a little more complicated IMO.

L2 looked much better the other day when I was looking, big orders in which is helping price rise slightly to entice sellers, the exact reason for it is not really known. RMP does have a healthy cash balance but we have commodity prices working against us short term. With our cash and the depressed commodity price, maybe we're inline to get some bargain assets, if not then we still have the cash to prop the share price up, we're worth more in cash still today.

Did you look at RED? Some bargain shares available at the moment, soon to be trading near 20p IMHO, with an end of year target around 50-60p. Of course always a risk as in any AIM stocks. Apologies for off-topic, real exciting opportunity though, world needs clean energy that doesn't work without storage. Of course DYOR.

SXX is another, DFS is out later this month, should see that pushing new year highs I suspect, very good company longer term, been some serious money piling into that over the last few days. All IMHO, DYOR and all that, and again apologies for off-topic folks. Let's hope Oil prices change sooner rather than later so we can have some excitement back on this board.

Forgot to add, you will need to look for old RNS's under name CCE (Camco Clean Energy) as they changed name latter part of last year, the LSE system still holds the Redstone RNS's under the new ticker code. If you have access to ADVFN I believe the information is still there, certainly worth reading a thread or two anyway. GL.

Jail should read Jabil Google them, they are manufacturing the product, read my last post on RED. Apologies for off-topic folks.

Take a look at RED, seriously impressive product that has taken years to develop, it will be a market leader for sure, interest from several large utility companies and then there's the rest of the developing world that could benefit from the technology such as africa where places do not have electricity supplies. It is wind and solar battery tech, without this renewables are not cost effective, with this system it will make it one of the cheapest forms available right now, could be a long term game changer. Obviously there's always the downside that the product doesnt work, but so far so good. Take a look, will be taking orders mid 2016 with a forecasted 7 million profit 2017, i estimate that based on p/e of 25 to be worth a triple bag from today, with Jail being the manufacturers (same people who make apples batteries) you can bet they are planning on mass producing faster than forecast. Could be a good one whilst we let the storm settle on oil prices, if they do stay low for the remainder of this year there will be some big companies falling over, which is never good for sector confidence that is already low. As they say DYOR, I've been in that share since 4.5p and topped up at 7.5p and again today, news flow should be fast and really positive later in year IMHO.

Haha, still here Oilriches just not much to say as we stand today. Until oil prices sort themselves out I seriously doubt much action in this sector, there are better plays out there whilst we wait for a return to norm on those commodity prices. RMP has a substantial amount of cash which is good security for everyone holding. SC-55 is still an exciting prospect, just going to take a little longer than originally thought for action to return.

As much as I'm a fan of the SC55 prospect there's little else for RMP, £4/5 million cash in bank is hardly going to purchase a lot in the short term here that won't need additional funding, oil prices tumbling this isn't going to move fast anytime soon IMHO. There's also little in way of cost explanations from the company, really disappointed to be honest, OTTO seem pre occupied with other assets whilst RMP are left with a BoD who are effectively on a sabbatical. Fair play to Oilriches, he's a large holder here to tune of 10 or so million shares, SC-55 fails or OTTO decide its not commercial viable for them there could be worse news on the horizon, sadly I'm a holder here too. Bandy really needs questioning on the company's portfolio, it's hardly diversified.

That's not my understanding with drilling in Russia, I thought that equipment had a ban or restriction, apart from Arctic exploration which US companies are involved (well of course that was agreed before sanctions haha). Again thanks for the help.

Granto - great overview, thanks. I'm going to fire off a few emails tonight see what I can find out, as you say there's no real problem with falling oil prices in Russia, corruption is a problem as many have found out, if these companies are mafia related its a certain no go for me. However if it's a real potential takeover with a real company behind it there could be value, from what share price seems indicate and how things are still operating would suggest that things are in a normal business manor, that is why I'm interested here. Any further help would be appreciated, it's late already haha!

Dealing with these sneaky peeps has made me realise in recent past that acting fast is best way to make money. Thanks for the tip :)