RuR8 Dec 2015 18:11
All looking good and very positive.
Thursday shall be instrumental in the fortunes of RuR and look forward to updates from the company in wake of Marci inauguration.
Restriction on Capital repatriation to be lifted,
An Open market economy,encouraging foreign investment.
Eds payments starting to hit RuRs bank account will have a massive impact, 10M as I understand Capital and interest payments in aggregate due.
We can then say farewell to Radix facilities,possibly the 600k loan repaid from overdue credit from Peru.
IMO RuR have weathered the political storm and can now seize this fantastic opportunity to finally build upon and finally capitalise on their heavy investments,for the good of the company and all its shareholders.
I guess the 53% block held by the administrators is definelty attracting huge interest ,possibly a bidding war in the offing given the current potential and in particular our current Upside to last reported NAV.
All positives in my own reckoning,and a very sound investment,with potentially reinstament of dividends in the not so distant future,possible a special dividend.