Member Info for Shakeyourmoney

If anyone likes KEA & is happy holding then on payday £500 will buy around 200,000 shares @ 0.25p..pay-day this month coincides with the final results release..if the accounts are in order & cash burn has been seen to have been addressed coupled with increase cash flow then KEA may see an upturn..no buying for me until I've cast an eye on the balance sheet & going concern statement, the current cash position can be worked out also..

Hi, there is only one last ace up IRGS's sleeve apart from bringing £4m to the table..when he decides to throw this ace in the SP will recover..in the meantime the SP will continue it's descent..

how goes? Did you get involved with AFCR..another of marve's last to the post nags haha..

MPLE was 16% down earlier over here..

as the SP digests the huge 3.5m sell..0.36p will be breached this time. Good top-up opportunity if you have the stomach for it..£30k could buy you in excess of 8,500,000m shares..

from earlier today, as they may not like the rescue package & have had enough..we all do it after paying over the odds..the project looks viable & production can be ramped up, with 13,000 hectares of land available but currently using only 7,500 hectares..$17m cash injection for working capital & another $31m for future use..if the debt is restructured fairly & you can stomach the dilution, the upside is huge..it is well worth remembering that renewable & sustainable ethanol is sold at the pump across Europe & the states as illustrated here.. http://en.wikipedia.org/wiki/Common_ethanol_fuel_mixtures#mediaviewer/File:Common_ethanol_fuel_mixtures.gif

What are your thoughts here?

7.75p

No change at KEA then..

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at full capacity can produce circa 200bopd of fuel grade ethanol which is distilled on site, they receive $2.09 a gallon currently fform MITSUI on the off-take agreement linked to the world price of ethanol. 42 gallons = 1 barrel..42 x $2.09 = $87.78 a barrel revenue.. 2000 x $87.78 = $175k daily revenue.. $175,000 x 30 x 12 = $63m annual revenue.. This is where the value is & that's why the deal has been recommended to be accepted & the cash offer fell through. Also worth remembering the waste product from the harvest, called 'sugar cane trash' is used to generate electricity via the integral gasification plant, which then feeds the 37MW integral power station which in turn covers the electricity needs of the whole ethanol business..any surplus is fed into the Peruvian national grid via the 37km cable link..watch the 9 minute video to understand how much work & money has been invested here.. http://www.youtube.com/watch?v=980AHp7p-E4

Tony Hine's dealing was in relation to a company loan that was secured on shares that's why there was a lot of trades..

This valuation metric is calculated by dividing a company's "enterprise value" by its earnings before interest expense, taxes, depreciation and amortization (EBITDA). Overall, this measurement allows investors to assess a company on the same basis as that of an acquirer. As a rough calculation, enterprise value multiple serves as a proxy for how long it would take for an acquisition to earn enough to pay off its costs (assuming no change in EBITDA). In short the infrastructure is all in place, producing & delivering ethanol & generating cash the enterprise value suggests the SP should be higher according to this calculation..

Most people paid 9.5p or more..on the proposed transaction Malik & Meeus have paid 30p+ to get MPLE back on track, when the deal is agreed it will secure the future of the business..

This will fly, people don't like waiting but news could come any day..hold fast for best results..

The point about the directors is simple..they are overpaid & under delivered, whilst they have let Darwin rinse every last penny from the business, if you continue to believe good luck here..

It shows In detail the wage bill including what they earn individually in total for the group £1.5m..Brown replaced Parkes in April.. http://www.keapetroleum.com/wp-content/uploads/2013/11/Kea-Annual-Report-21031.pdf marve the reason for the high social security payments will be down to salary sacrifice on their huge pension provision payments..

Interesting to see how they react to this..ishares Peru fund are in extremely long & frequently buy & sell my guess is a few holding RNS's will land later this week & next week..my guessis they will be buying as this is an extremely viable business now with real investment in cash terms..

of a rights issue, 400,000,000 shares @ 1p (nominal value) this will raise £4m which will cover phase 2..anybody interested in participating in a placing of this size at 150% increase of the current SP..I don't see it as feasible but there we have it that is the challenge to raise cash..the final results will be interesting as IRGS tries to juggle his beer money, between exploration costs & company expenses, as he goes round with the collection tin..

The operation is the biggest of its kind in Peru, with state of the art facilities, which are 2 years old. 35m gallons distillery capacity from the integrated ethanol plant which remains, ethanol price $2.09 paid a gallon currently by MITSUI in the offake agreement. 30,000,000 gallons x $1.75 = $52,500,000 annual revenue (£33m) Self sufficient in electricity as the integrated Gasification plant, which remains, feeds the power station which provides a little income from the surplus fed into the grid, maybe £2m extra income in a good year.. Various other infrastructure, including the dedicated storage facility at the port, 2 pump-stations at the river & various plant, trucks etc.which all remain. This is what MPLE owns 24.1% of with cash injection of $48m (£30m) to execute the deal.. The oil & gas side of the business is gone, including the refinery which I mistook for the distillery at first glance.. The debt will be the main issue, the ii's may ask for more assets or less dilution..who knows what will happen Monday but will probably go down due to uncertainty.. If they can get it to turn a profit of say £10m are made which is not unreasonable to think in say 3 or 4 years then a dividend of 1.5p would be attainable allowing for dilution..that's if you believe the management can deliver.. 30,000,000 gallons = 715,000 barrels which wholesale net to MCL at $73 a barrel = $52.5m (£32m) 2000bopd outfit of which MPLE owns 24.1% of. The ethanol is not subject to depletion as it is a sustainable project but bad harvests do happen on occasion..