Using the figures in the WIND RNS it’s a fair assumption that RAME’s 15 MW wind project could be worth at least £36m to investors looking for yield …….. it’s costing around £25m to build
The difference between build and potential sale prices is way more than RAME’s market cap!!
Market is asleep!!!! ……. I think!
RE: Be interesting to read the Q&A19 Feb 2015 12:59
To be fair they did say in the Solar RNS that it would be up and running in Feb, so on time and I guess on budget and at 25KW it’s probably not worth another RNS
It does look good for the future, I tip my cap to SFU for flagging it up late last year ….. mind you if he’d flagged it up now we’d all be buying at a lower price, lol
That's a bit slack! I posted that on Sunday, lol
Seriously though ....... revenue coming on board from a 15 year contract is great ....... 15 MW of wind cash will be starting VERY SOON!
If you search Chile on Google Earth and put “Colegio Suizo de Santiago” in the search bar you will see where the school is. Look at all those rooftops in Santiago that could do with some Solar!
I know, a bit rampy, lol
Which means that the school will be buying electricity direct from Rame for a minimum of 15 years, it might be a small sum in comparison to what will be coming from the 15 MW wind project, but it is another revenue stream that will hopefully grow with more installations!
Tick Tock
It’s not inconceivable that the Santander buy in of the next 118 MW could come at the same time as the first 15 MW starts to generate cash …….
Is that a bit rampy?
Morning MOS
Yeah, a timelapse video would be ok, mind you us pi’s are never happy. Rame tell us they will keep us up to date with regular photos, which they are doing and we want more, lol
Montana ..... He’s talking about the 15 MW project and it costing over $40m, once it comes online it becomes a cash generating asset
Once the project is up and running and is throwing off free cash it is Rames intention to buy back Santanders 80% equity interest, thereby Rame will own 100% of the $40m cash generating asset.
They will then look to sell 49% of the asset to ii’s looking for a regular high yield from the cash generated …… that would give Rame a lump sum of cash with which to build the next project as well as cash generated from the 51% they own.
If the turbine blades have been shipped to site then we could get an RNS stating when they expect the project to finish
“As soon as transportation of all components to site has been completed which remains subject to ongoing coordination with the Police, we will be able to give a definitive timetable for project completion.”