Member Info for Flightman

GFD and Spac3y can elaborate further to your questions,however it is thought we are owed circa £10M from Eds,Capital and interest from loans,but we need up to date information from the company. Re Sterling block,IMO it shall be sold en bloc,the administrators will have a very good idea of current value in RuR and will hold for the best price.I would have thought given our Asset value they would not sell under 3pps at a minimum,that effectively would give an investor a very good discount to NAV,Maybe they will hold out for a higher figure.Given current recovery and impending news from Argentina that figure could be appreciably higher! The new owner would have a 53% stake,but would not be able to effect a take over until reaching a 70% stake holding. If the above comes off close remotely to my calculation the new owner would drive the SP higher from that point. If his intentions were a take over and would facilitate this only by stake building on the Open market, It's a win win situation IMO. All to be revealed,but certainly we shall find out in the coming weeks months. All very positve

Actual spread 8% not 23% MMs and their games

That Sterling block must be geeing some great interest,be very interesting to see who buys it. Agree Optimist the company will wait for formal announcement on FX controls. But it goes without saying,with that news it shall be a huge positive for RuR,potentially repatriation of capital and interest soon after announcement and that figure alone is worth more than our Mcap.

Up 7.1% . NT above 170k . Seems to getting lots more interest now.

NT above 50k

Our Asset value,Net is simply many multiples of current SP, Many long termers here bought in at 7p plus,now with the FX controls iminently lifted RuR is in a very strong position. Sterling block must be very sought after now.

Message finally getting through

Moving up,some good buys, L2 strong can jump to 1.75

NT above 100k to buy. The MMs won't let you buy many again! Lots of news to come now from Argentina and RuR

Marci now sworn in Great News in the offing.

Large buy well over ask. It's about to move

NT buys over 150k

With today's news from Argentina about to have huge positive ramifications for RuR, It's hardly surprising that the MMs are happy to accumulate stock,they know a great profit to be had very shortly,haven't seen this lately. As Marci is currently being sworn in news of the economic change shall soon filter through. Gla

Start of Rerate,huge discount to actual Net Valuation. Golden opportunity now for RuR and its shareholders. I don't think potential new investors realise the potential here. Gla Awaiting news from Argentina,then a very positive RNs from the company

You said it better.

Hi,given that the main thrust of our business is based in Argentina and other S American countries,,we have for sometime been highly restricted in relation to getting money out of the country due to the governments stance and policy on FX controls,effectively setting a Max limit of capital leaving the country per month. RuR has a 50% stake in a company Eds,more to can read up in previous RNS,and that company albeit profitable due to the FX controls hasn't been able to send capital and interest payments back to RuR. It is now estimated that we are owed 10m dollars in accrued interest and Capital from loans granted to Eds,however today Marci the new president elect is expected to announce immediate relaxation of FX controls. This is a huge positive for RuR in that our cash flow will greatly improve and negate any further requirement for short loan facilities that we have had to take up largely due to the Argentinian policy on FX. Hope that someway helps you.

Zak Mirs article again today,bullish I wonder why!

Thanks for that. Given the bullish start to our recovery during the past week,and we do apparently have a rather leaky ship,IMO Radix is sorted either extension or repayment.I'm sure also such facilities will not be required further once Eds repayments start hitting our accounts,and again with the currency restrictions lifted and full repayment received the company can then deliver more fully on its other projects. As you said yesterday a real possibility of a reversal in impairments to loan and assets,and that therefore is equates to a large hike in our assets. All very good IMO volume going to pick up

Assets worth £40m plus,Mcap £7M,huge disparity, Once we receive long awaited news from our BoD in light of the new economic situation in Argentina, which shall have a huge impact on our finances,that's when LTH value will be restored. And that all starts today!

What time does the Inauguration start,