Member Info for Flightman

Simple answer,because the company is worth considerably more than the current Mcap,after all do you really think Sterling Administrators would sell at 1.5pps? With the written down value in the NAV to 7.5pps in Sept 2015 by the BOD,its highly unlikely they would sell that majority block at a huge discount to thatSterling administrators have no doubt all the most recent financial documents of RuR at their disposal, I stand by my opinion that a buyer would have to propose a price at a significant premium compared to our current , Mcap Again IMO a figure of 4pps would still represent a very significant discount. With that block en mass they have effective control,and Sterling are fully aware of the implications that would have. All we have to do is wait and see, I have my opinions which are for a very positive outcome here for holders,and appreciate you have your own opinion to the contrary.

That's my opinion and does not constitute anything other than that. Research the company,or should I say all our operating entities

Highly likely IMO Energia del Sur will make an offer for the 54% block of RuR stock. Peter Earl VP of Eds,former CEO of RuR, Prime candidate. They would then have the majority of voting rights and could and probably would make an offer for the remaining stock. It is very much in their interest economically to do so! If and when at what price,all shall be revealed at some stage that's inevitable. Certainly at significant premium to current SP

A reverse take over is highly likely here given the indebtedness Eds to the group . Peter Earl VP of that company holds 7M RuR stock last purchase at 4.25pps, Agrees this may be something to do with the current news black out from the company,so we shall just have to wait to see what transpires. One things for sure an offer significant to current SP on the cards,

Great results once again. Fantastic company,just gets stronger and stronger. The best performing stock in my portfolio since my initial investment in 2011. Gla

Some background on Energia del Sur. From Financial Yr end results 2014. http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=30958980 Now factor in changes in Argentina,as per previous post. Looks quite impressive to me ,it was only write down of loans that negated net profit, So it looks like a very substantial turn around in EDs fortunes since Marci was installed,which is and shall have favourable implications for RUR

Nice to hear from you, Energia del Sur SA are no doubt benefiting substantially from Marci's tariff hike on electricity and the removal of subsidies. It's quite an impressive company and there for all to research on the net. We do need updates from the company,but I feel that are holding back on that news until a new 54% majority shareholder in announced,and IMO that can be at anytime. From all the RNSs its clear that the group is owed a huge amount of money from different entities,and I after extensive research am happy in my mind that the value of the company is worth multiples of current SP. All will become clearer,but now need to be patient. GL

Well of course substantial monies are accruing from Eds due to the FX currency controls before Marci won that election,we do own 50% of that company after all The Cap before was a max of $50k dollars per month,now its $2m per month,simple. Its now for the company to RNS the market to confirm what they are receiving,simple,and when we do get news this will be exceptionally well received.

We are owed £30.7M from our 50% operating entity Eds and its parent company Patagonia. That's from the RNS Sept 2015.Also as we own 50% of that company which is highly profitable then further considerable sums can be repatriated. Oh yes we do have many other projects ongoing as well,Chile comes to mind! All looking good,long termers will soon be rewarded. This will instantly re rate on news of substantial receipt of funds and or the Major new holder announcement and that can come at anytime now. This stock is certainly getting ready to rummble.

Very true indeed. Be interesting to see what the fair value is on the sale of the Sterling block, NAV of 7.5pps after write downs RNSd by the company ,not me.

Excellent week last week although a very long way to go to fairer value. Now we await that news. A TRI for that 54% block will be first,but expect news also on Capital flows from Eds L2 Very strong,

1.615/1.65 Getting tight

3 MMs now on 2p Looks like another rise, That delayed buy from yesterday not shown yet

Now 1.645 to buy

Real spread 1.5/1.55 from last trades.initially all trades will be red,don't be fooled.

We flew through the technical resistance of 1.4,looks like 1.75 is the next resistance point. There is a large delayed buy to show from 15.46,the SP jumped 18% at that time,my guess a buy of 1.7,1M plus. Agree given the amount of interest news is due on many fronts,the key for me is the sale of the Sterling block,this is 54% of the shareholding of RuR,effectively the new owners will install a new CEO,pivotal is at what price they pay. Could be there are numerous interested parties,even Energia de Sur,our 50% owned operating entity in Argentina. They are also a major player in the energy sector operating very profitably,and own RuR £30.7M. Since the very positive news from Argentina. In December it was inevitable that our short term funding would be extended,given that the repatriation of funds would kick in given the relaxation of FX controls. All the information is in the RNSs,quite a complicated read,but it now looks like the recovery for RuR is well underway,and current Mcap is significantly undervalued,once any positive news is released this stock IMO will recover very quickly to a much fairer value,and at least for those long termers here recoup major paper losses that they endured over the preceding 18 months. Gl

The way level l2 jumped up at 15.49 would expect a large delayed buy to show

Up 18%, Long way to go indeed to a fairer value

Steady buying again today, Buy limits now 150k Real spread 135/150 so look like its about to move.

I only post facts from RNSs that's for everyone to see. I also post my views on likely developments for the company. In answer to your final questions,no and no. I don't excessively love Rurelec,but do see a great return here on my investment. I was fortunate to buy at the historical lows substantially and continue to buy at current levels,