Member Info for KaChing

I don't think we are very good at this ramping malarkey, lol

Positive to these weary old eyes

I agree with your post young Sir ……

Did the CEO say the 15 MW project will throw off $1.5m to $1.75m of “Free Cash” per annum ……. I think he did! Am I being too bullish for the sheep! https://www.youtube.com/watch?v=rYR0FL74qJU

How Off-Grid Energy is Helping Reduce Costs in the Mining Sector http://www.energydigital.com/renewables/3668/How-OffGrid-Energy-is-Helping-Reduce-Costs-in-the-Mining-Sector Who knew? Rame supply off grid solutions to the Mining sector Rame CEO Tim Adams commented: "The signing of the PPA confirms that Rame is able to provide attractively priced energy to both on and off grid customers and can do so even on comparatively short term contracts. Under the agreement, Rame will provide not just cheaper and cleaner power but also better energy security and reduced price volatility to the Cerro Bayo Mine. Our innovative approach to the selection of the generating equipment for this project demonstrates how Rame is engineering improved project economics and can deliver robust returns and accelerated capital paybacks. We see a range of good opportunities to apply our expertise in renewables to isolated off grid power systems and anticipate that our increasing presence in the growing 'diesel displacement' market will contribute significant income to the business as a whole." http://www.investegate.co.uk/rame-energy-plc--rame-/rns/ppa-to-provide-power-to-cerro-bayo-mine--chile/201410170700155675U/ Am I being too positive for the sheep?!!

Right now Rame already have PPA's in place to sell electric from 24 MW of wind for at least 10 years and if things go as planned another 109 MW of wind will be installed during 2015. "Chile's mining industry, responsible for around a third of global copper output, will nearly double its electricity consumption between now and 2025 as multibillion-dollar investments come to fruition, state copper commission Cochilco said." http://www.mining.com/chiles-mining-sector-to-double-energy-demand-by-2025-63345/

I can’t believe I’m posting this, I’ve obviously too much time on my hands, lol BadApple ………. In the RNS they state that the £300k is a short term bridging loan which will help bring forward the point that Santander buy into the project, i.e. the loan gets paid back from Santander funds ……. do you think the wording “short term bridge” in the RNS is a lie? While I’m waffling …… I see that your whole argument has been because of hundreds of posts saying this is the bottom, seller has gone etc. Any chance you could link these hundreds of posts together (not just one or two as you are specific that it is hundreds) so I can read them? By my calcs there has only been about 360 posts since the 26th Nov and nearly a six of them have been posted by you (that’s more than a serial repeater like me!).

Always wrong, so nothing new there

I have to admit I did find it funny watching the flurry of buy’s coming in one day about two weeks back after this got a mention. It took me the best part of a week to piece things together so that I had a half decent picture/understanding before deciding it was worth a nibble …… still I’m slower than most, lol

I like TW ramblings, he’s been right on quite a few shares and when it comes to OUT what he’s said about the finances etc wasn’t anything that any of us didn’t know as the info came from RNS releases. If he turned up things in OUT like he has in QPP then I would be taking him very seriously, however at the moment his beef is with the Dragon not really with OUT Shorting it from over the £1 mark was a great trade, shorting from a MC of £12m ish doesn’t look a sure thing, but what do I know? I see he mentioned MPOW as well, now I would think shorting that from where its crashed to would be very risky as only a sniff of anything positive there will probably see an exaggerated bounce.

Rame have already got Power Purchase Agreements ("PPA") signed to sell electric for the next 10 years for 24 MW of projects and a 5 year PPA for a 1.8 MW project The first 15 MW project is expected to go online sometime this month if everything is still on track and it’s worth noting that this project is expected to generate “Free Cash” of about $1.5m to $1.75m per annum for 100% of the project ……. which would be a double digit return on funds invested Roll that on to another 118 MW and the upside starts to become apparent On top of this they still generate revenue from their Engineering Service Division as can be seen by the 8th of Aug RNS with Barrick Gold The Solar business they acquired in June looks a very good deal and has already seen markets open up in Pakistan and Chile on top of the already growing UK market

I never filter anyone as it takes the fun out of reading these BB’s and like I’ve said to you before I normally just nod or shake my head at various posts and these days refrain from the normal “wanting to get the last word in posts”, but I thought I’d post my thoughts in a reply as my view was a different one to his/hers ……. but now it looks like I’m talking to myself, lol As for the seller, who knows if he/she is finished, it doesn’t matter in the grand scheme of things …… as long as the news flow is positive! which I think it will be (hope)

I replied to badapple who posted about the £300k loan, I replied (below) my thoughts but since then his post was removed it also looks as though a post he posted the other day about not getting a response from Elias Jones about the same issue on twitter has also disappeared The disappearances are nothing to do with me …… I couldn’t see anything wrong with the posts apart from I didn’t agree with them, lol

I posted my view with regards the loan in answer to a post which seems to of disappeared ...... or did I imagine it?

It is a short term loan that penalises for holding it for any length, it is a bridging loan, both the lender and borrower expect it to be paid back as early as possible. The loan should get paid back after a hopefully successful Santander DD outcome because that is when Rame expect to receive a substantial inflow of cash from Santander buying their equity stake in the 118 MW project … (they paid around $50k per MW for the 15 MW deal) also from the Loan RNS …… “This loan is intended as a short term bridge to allow Rame to bring forward the point at which Santander buys-in to the project” …… buy in pay off, simples! no guarantees though, just in case there are sheep reading! and from the placing RNS …… “if positive, a move to financing and construction under the Agreement which will provide substantial near term earnings for the Company with Santander buying into each project at a fixed price per MW under the Terms.” ……. substantial near term earnings! no guarantees though, just in case there are sheep reading! There is also the 15 MW project which is nearing completion and therefore expected to start generating cash, any positive news on this or the Santander DD will hopefully see a nice rise in the SP …… although that is not guaranteed sheepies!

Explains the drop

The mechanics of what goes on I leave to the "experts" ...... at the moment this is illiquid so anyone wanting out will drive the price lower quite easily .... yeah, news on those projects can't be far off, maybe some news on the Santander DD could be close as well All in good time

Who knows? maybe news, maybe a sell ...... probably nothing, I don't want to say much in case I repeat myself! like I'm the only one who does it ... hmmm lol

The 15 MW wind farm news can’t be far off, it will then add to the revenue figures for quite a long time! …… “The completion stages of the Project; the erection and commissioning of the turbines, are due to start at the beginning of December 2014.” This one has pictures! http://www.rame-energy.com/news/operational-update-construction-at-raki-huajache-wind-farm-project-continues-to-make-good-progress-regulatory-announcement Hopefully the Santander DD will be as successful as the DD on the first 15 MW because that would mean substantial near term revenue for Rame when Santander buy their stake, they paid Rame £770k for their stake in the 15 MW project. Am I repeating myself again!

You are making numbers up now ITK, that’s bad form! ...... also, a 2016 operating profit of £4.4m makes the SP very cheap right now! As you know well enough they exited 2013 with £600k MRR and as you also know they must of lost some MRR (monthly recurring revenue) in the first six months to end up with their 6 month revenue figure, although the figure was still up on the previous year. They have however won several contracts through their channel partners since then that should bolt on to the MRR, two of the wins alone should add around £100k MRR As above ....... I can take from your link that the Broker believes OUT will be making an operating profit of around £4.4m in 2016, now if they can prove at some point in 2015 that they are on target to achieve that then this will re-rate like a “Bat out of Hell” ……. mind you although I’m no tech guy this is starting to look like the trend is turning already!! https://www.youtube.com/watch?v=Q9hLcRU5wE4