Member Info for KaChing

Good to see the updated photos, I think the next update will show some of the turbines in their full glory, just waiting for the wind, lol …… hopefully some time this week. Then they will move on to the next site to erect the final two turbines. I still think it’s impressive that a small company from the UK can organise finance of around $40m to erect 15 MW of wind turbines and then become a power supplier in a Country 7k miles away!

Towers going up quick ...... click on gallery http://www.rame-energy.com/power-projects/live-projects/on-grid-wind-power

MFX could have paid the loans back in full, but that would mean they needed to find funds to cover the payback. The Loan Note Holders could have opted for conversion into equity which wouldn’t cost the bank a penny in cash, but it would mean dilution for shareholders, they didn’t convert instead they were happy to extend the payback period at a reduced interest rate which gives the bank another 5 years to build on the recent growth which will hopefully leave them in a position in 5 years to pay back the loans. So instead of either having to find £1.71m in cash to pay back the loans or indeed issue shares to settle the loan MFX now only have to find £111k per annum in interest payments This is a win for MFX, MFX shareholders and the Loan Note Holders

Of the towers going up ...... click on gallery http://www.rame-energy.com/power-projects/live-projects/on-grid-wind-power

They will it seems extend the loan period at a reduced interest rate

It wasn't a good call, I just read the RNS, lol I don't know anything about ZAM but Directors buying close to £650k seems to be a vote of confidence

Or Directors buying

She has obviously got a slick system in place, the RNS goes out and almost intantanuesly the news comes out on Twitter, Linkedin etc, anyone registered for email updates get the update at the same time as everything else Then using today as an example she tweets all four photos one after the other as well as posts them on linkedin The other thing is that when they say in a RNS certain bits of info can be seen on their website (new photos in today’s case) it’s there, so we don’t have to wait for it. This kind of professionalism creates a great impression that Rame is run efficiently …… IMO

When you look at this with a longer term view (as we are?) then it does look good, some news on the Santander funding and loan for the Solar project should give it another injection of positivity in time.

Charlotte Weston at RAME doesn’t mess about getting the info out into the world of social media etc. …….. there are a few companies that could do with her services, professional!

The 15 MW project that is now back on track after today's RNS will throw off about $1.75m in free cash per annum (cash after all costs have been paid) on it’s own, impressive!

For a small British Company to organise $38m in funding to build a cash generator in a Country 7.5k miles away is pretty impressive Doing it again on the next 118 MW of projects will be even more impressive On top of that there is Revenue from Solar, Engineering and Marine services to add into the mix!

Back on track, if you click on the gallery tab in the link it shows the crane on site as well as the size of the tower sections being moved along the road …… jeez these things are big http://www.rame-energy.com/power-projects/live-projects/on-grid-wind-power

Don't forget that Beco had a decent order book when Rame bought them and integrated Beco into the Rame family which will add to revenue before any new contracts are won ........ the Beco order book was worth £1.3m when Rame bought Beco Rame isn't a one trick company!

10P SMASHED ...... How am I doing on the positivity front?

Get you getting all techy, 10p is the resistance, resistance is futile!

10p for a small amount

there yet? Promising!

Get in before the news ....... is that what they call ramping? Seriously though, news is due!

not looking ..... whoops, I did and it's a buy just shy of the ask! no way!