Member Info for optimist13

Buys going through now. One for 500k and one for 250k

So, another £528k will be repaid by June and then EdS will start on the other £30m+ they owe Rurelec.

Maybe the BOD have turned over a new leaf and are keeping shareholders informed of developments. Excellent news IMHO.

27 February 2019



Rurelec PLC



("Rurelec" or the "Company")



Bridge Properties (Arena Central) Limited Loan Repayment





Further to the announcement of 25 January 2018, the Directors of Rurelec PLC (AIM: RUR) announce that today they made a principal repayment of £200,000 on the remaining temporary loan facilities provided by Bridge Properties (Arena Central) Limited. The amount of principal now outstanding is £822,260.96. The remaining outstanding facility is due on 30 June 2019. Rurelec envisages making further repayments in the coming months.



The management of Energia del Sur, S.A. ("EdS") has notified Rurelec PLC that they intend repaying the outstanding loan owed to Rurelec Project Finance Limited ("RPFL") in full by 30 June 2019. The current outstanding amount owed is US $687,000.



With the EdS plant back up to full operation, EdS management has projected that in Q3/Q4 2019 once the RPFL debt has been fully repaid it will commence the repayment of the unsecured debt owed to Patagonia Energy Limited, the joint venture company which owns EdS and in which Rurelec has a 50% share.



For further information please contact:



Rurelec PLC

W H Ireland (Nomad & Broker)

Simon Morris, Director

Andy Coveney, Director

Katy Mitchell

Chris Viggor

Tel: 020 7025 8026/8

Tel: 020 7220 1666

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/RUR/13984137.html

This certainly bodes well for when the inevitable contract news is finally announced from GyroMetric's.

Well, someone managed to get £4k's worth at the full ask.

I have just tried....can't get a quote.

bbr391 - this is one instance when no news is probably good news. On the 10th Jan, the company made the following statement:

"Following the return to full power generation by the EdS plant, the management of EdS have indicated that in late January 2019 they expect to resume making lump sum repayments of the outstanding amounts due to Rurelec Project Finance Limited ("RPFL"). They have informed Rurelec that it is their intention to repay that loan in full during 2019."

To my way of thinking, the company would have had to put out a statement if the payments hadn't resumed and we know that Rurelec paid off a further £200k off the BPAC loan on the 25 January.

So, I think we can take it as read that payments have resumed and we intend to pay off the BPAC as advised by the company.

It would still be better to receive a further update, but given past performance, I am not holding my breath.

"Google Ads Extension Launched To Display Contact Information On All Ad Visitors."

https://globenewswire.com/news-release/2019/02/25/1741899/0/en/Google-Ads-Extension-Launched-To-Display-Contact-Information-On-All-Ad-Visitors.html

Despite the constant negative posts from the de-rampers, I think it is increasingly likely Fastbase will float this year, albeit a fair bit later than originally indicated.

Also, the two trades from yesterday on the main exchange were buys not sells.

Bloodshot, I think you might have been looking in the wrong place. Here is the link. NEX is just another Exchange and AAAP have a dual listing. I don't know who decides which exchange a particular trade goes through, but I have often seen larger buys goes through NEX.

https://www.nexexchange.com/member?securityid=1748661

Nice buy gone through on NEX:

25/02/2019 14:01 1,133,157 0.438

https://globenewswire.com/news-release/2019/02/23/1741119/0/en/Pipedrive-Users-Now-have-Access-to-Powerful-Lead-Generation-Tool-Powered-by-Fastbase-com.html

Extract:

Pipedrive, the leading sales management tool designed to help small sales teams manage intricate sales processes, has teamed up with Fastbase to give their customers access to industry-leading lead generation tools. After syncing with Fastbase, Pipedrive users can discover and contact once anonymous website traffic in real-time, allowing businesses to better understand and optimize their marketing and sales initiatives to reach the right customers at the right time.

Amongst the tools available now to Pipedrive users are Fastbase’s popular WebLeads tool and InMarket Leads software. Fastbase Webleads tool is a Google Analytics add-on that allows users to analyze web traffic and provides valuable information such as the website visitor’s website, company address, and phone number. All data for the past 12 months can be directly imported into the Pipedrive CRM.

Geocurve Ltd
?

@Geocurve_Ltd

@Geocurve_Ltd

Busy week at Geocurve this week.
Highlights:Leica Backpack-Wales-
@BAMNuttall Leica Pegasus-night scanning -
@catsurveys processing photogrammetry -
@edfehinkleyc data extracting-Pegasus data -
@_TopoDOT Pegasus preparation -
@volkerfitzpatric scanning-Thames-
@JacobsConnects

6:46 AM - 22 Feb 2019

Perhaps that is why there are three accountants on the BOD...lol

DL's comments from the financial report:

"The Board is extremely pleased with this development and will keep AAAP’s shareholders fully appraised of the progress regarding this LPG facility with regular updates over the coming weeks. In addition to this, the Company continues to work with Comarco to help develop its future which the Board believes will bring additional value to AAAP. Additionally, the board has reviewed, and continues to focus on reviewing, a number of new and exciting potential acquisitions to add value to AAA and its shareholders."

Carrefour, unfortunately that is the risk you take when investing in small cap companies. However, as a guide I tend to look at what prices the directors have paid for shares and at what price recent placings have been issued at. Also, the reason given for the placing and the outlook for the company is equally important.

Mike Joseph stumped up the majority of the recent placing of £805k at 0.50p. That says a lot to me.

It doesn't help when buy trades are shown as sells, as I believe this gives a false impression. Just in case you are not aware, this happens when you buy shares below the mid price. I think one of the posters here confirmed his buys a little earlier which were shown as sells.

Clearly, it is a decision for yourself whether to sell up or hold. DL stated he would update the market about Comarco in the near term, so it may be worth waiting for the next news before making any decision.

No advice intended, please DYOR.

Well, the share reservation period end on Monday. Let's see whether it is extended again.

Meanwhile:

1,004,000

Companies and top brands in over 100 countries growing their business with Fastbase.

https://analytics.fastbase.com/

I think we can take it as read that the 58.5m warrants will expire tomorrow given the exercise price is 4.50p. More importantly, there are now only just over 1m left in total and the exercise prices range from 10.00p to £1.60. So, no real dilution possible from the remaining warrants.

A look at the website also shows circa 5m options, but again, the exercise price is 1.20p. Again, no cheap outstanding options to dilute the share price.

We now just need news from Gyrometric's to put a spark under the share price.

Patience required, but I feel it will be well worth the wait.

GFD, fully agree with everything you say. Yes, I have been keeping tabs on the power generation market in Argentina, and aside from the forthcoming elections, the sector looks to be in better shape than it was before Mauricio Macri was elected.

I mentioned a couple of weeks ago about the capital cost of building a power plant in order to gauge the possible value of EdS. A couple of sites I have looked at show ball park figures of £1m per MW. Being conservative, which is not in my nature, you are looking at somewhere in the £100m mark to build a 138 MW plant. I would welcome any views on this as I have no detailed knowledge.

The build cost for EdS was somewhere in the region of £50m, if my interpretation of the old reports are correct, which leads me to believe we should be sitting on a valuable asset providing our financial rates of return match industry norms.

Clearly, the assets needs to be sold and the funds returned to shareholders. Nothing against accountants, but I do not put them in the entrepreneurial category.

I also agree with your 4.4p per share valuation.