Member Info for Flightman

Member since 26th Nov 2015,speaks volumes Another one NOT holding

Assets £40M+ Mcap £4M That's why I'm heavily invested in here. The other very large holding in FRR,both from these levels will do exceptionally well.

Certainly falling into place!

Back to business NT above 100k

What's to say they already have received the 1M dollars from Peru,after all the current BOD are extremely secretive,and appear no different from the PEarl brigade. What about the IPC gift to Earl,that surely was illegal after all that belonged to all of us. Serious fraud Office may need to look into this.

With Assets of such value I believe the BoD painted an untrue financial position of the company with ane objective. To get the SP very low. They then went ahead with the OO at a ridiculously low price to try further to dilute holders at 38%!! Purpose quite clear IMO,for those that know the True Value to get the stock at a huge discount,knowing that in the very short term they could literally treble if not quadrupple their money. Us holders are not stupid,well the majority are not. Our asset value could quite easily be in excess of £50Million,that's why Sterling refused the OO,and that's the reason why we shall get the funding. Mr Keegan as you said in that email," I want to tell it as it is" Come on then give us news .

That open offer as you rightly say was at a huge discount to the most recent revised NAV of 7.5pps. Sterling administrators rightly voted that down,IMO it was an attempt for certain individuals to amass very cheap holdings knowing full well the current high value of our assets. I am happy with my holding whatever happens here,we have very saleable assets worth multiples of current SP, This stock is not for day traders but for medium term hold,I am prepared to wait for realisation of asset sales,( worse case) my target at an absolute minimum of 4pps,however with positive near term funding shall expect 2016 a good recovery for RuR and as our LTH GFD posted would could very easily get back to dividend yields and a significant recovery in SP for the LTh. Win win situation,but have to be patient.

Agree with all that. Since the Radix loan was signed the prospects for RuR have significantly improved with the political change in Argentina,I firmly believe given this and our current asset valuation funding will be approved on more favourable terms. As GFD posted our credit rating has improved to an A,any potential funder will evaluate our assets and revenue generation from Eds and will be fully aware that RuR is a good revenue generator, It's this final hurdle to get over for the BOD,and fully expect a positive outcome.

Would you concur that with a part repayment of what we are owed by Eds will satisfy our near term cash requirements. £10M is currently owed Eds is very profitable,and we own a 50% stake,so with expected imminentt relaxation of FX controls our cash flow position can soon change ,and short term financing from Radix will no longer be a requirement. Any news on that alone will see a doubling up here.

Our Nominal value is 2pps therefore no placing below that level. Agree though the funding gap is pivotal now and expect an Update pre Xmas.

NT to buy

Up 3.23% NT above 10,000

..8425 to buy Max 100k

Level 2 2v1

MM would not let you but more than 10,000 yesterday,seriously short of stock))

Tea Beak Before market opens

£25M in Eds Argentina!! That's 6 fold our current Mcap. Absolutely a steal

Take Over Highly Possible. We have on stake holder on 53%

I never tip,But this is a screaming buy!!

Our Turbines, worth many multiples of SP