Member Info for stan70

total enterprise value of £24.4m MC IS ONLY 100m!!

24m SALE!!!!! Thursday 19 February, 2015 Renewable Energy Gen Sale of 10MW Denzell Downs Wind Farm RNS Number : 3621F Renewable Energy Generation Ltd 19 February 2015 19 February 2014 Renewable Energy Generation Ltd Sale of 10MW wind farm to BlackRock Renewable Energy Generation Limited ("REG") (AIM: WIND), announces the sale of its 10MW Denzell Downs wind farm project to BlackRock Renewable Income UK, a fund managed by BlackRock ("BlackRock") for a total enterprise value of £24.4m. Under the agreement REG will oversee construction of the project through a Construction Management Agreement and operate the completed wind farm on behalf of BlackRock via an Asset Management Agreement. REG will receive upfront cash consideration of £10.5m, with a further £3.9m payable following commissioning of the scheme, anticipated to be in early 2016 and will recognise an initial £11m of profit on the sale. The proceeds of the sale will be reinvested in REG's pipeline of consented renewable assets. Construction funding will be provided by BlackRock. REG's unrestricted cash resources now total around £22m, with further deferred consideration from recent asset sales of £5.9m recognised as receivable in the accounts of the company. The Company's next tranche of projects Rodbaston (4MW), French Farm (4MW), Brackagh Quarry (6MW) and Barlborough (0.8MW) are currently undergoing project finance and will move to construction later this year. Additionally two further Bio-Power projects will be constructed during REG's next financial year. Andrew Whalley, Chief Executive Officer, said: "We are pleased to further strengthen our relationship with BlackRock through the sale of the Denzell Downs wind farm. The transaction provides REG with significant additional capital, with the proceeds to be invested in our portfolio of consented sites."

Colin Edward Walker (age 63)   Mr Walker career has predominantly been in online and retail gaming.  In 1987, he joined Ladbrokes plc and held senior management positions including Marketing Director and Managing Director of various divisions.   In 1999, Mr Walker joined Sportingbet plc as Group Operations Director and served as part of the management team that took the company public, floating the company on AIM. Later he joined Canbet Ltd, an Australian gaming company, as Chief Executive to turnaround the business and effect a trade sale. Following this he joined Betcorp plc, an Australian listed online gaming company as Group Chief Executive and acquired a second quotation on AIM during his tenure. In 2010/11 he was Executive Chairman of GameAccount Network plc.     More recently, Mr Walker's experience has been with Property management businesses.     Mr Walker is a Member of the Chartered Institute of Management Accountants and a Member of the Institute of Marketing. He also holds an MBA from the Harvard Business School. He sounds like a big player in this field.  

Possible RNS in the morning........

Buy at dinner today. Stops loses looked to have been hovered up!

Haydale (LSE:HAYD) floated at 210p on April 14 raising £6.6 million. Its shares have tanked thanks to a former boss who left the company two years ago and has offloaded his entire holding since the IPO. We are not sure that the prints are out yet but we are reliably told that he has just sold his last share. All other shareholders are either locked in or came in at 210p 16 days ago so we doubt they are sellers. What Does Haydale do? It states: Haydale has developed a proprietary scalable plasma process to functionalise graphenes and other nano materials. Functionalisation is an essential component in the commercialisation of graphenes and graphene nano platelets. Haydaleplans to commercialise its functionalisation process by providing value added solutions to both raw material producers and industrial corporations. Whatever. We would expect a bit more director buying (two directors have nibbled since the IPO) and a bit of a fightback on the IR front starting today. The Trade: Buy the shares at 130p and at up to 135p – we will be looking to sell at 160p very soon indeed.

Like a lot of stops got triggered this morning. Looking very cheap now.

Yes for no good reason, its moving back up now, should finish 120 something or around that. Possible 130p by close Friday. Have a look at trading patterns.

11m shares in issue. moves very quickly and it is. just got in....

BOOOOOOOOOOOM Will have another, never done one before lol

Could finish where it opened this morning........ Was a BUY by Hot stocks at 130p just a week ago. Fill ya boots imo.

......wrong bb

Graeme Thomson, Chief Executive Officer of Tower Resources, said: "I am very pleased with the success of this Placing which broadens the institutional shareholder base in difficult markets. I am even happier with the announcement of the accompanying acquisition of Rift Petroleum and the conditional farm-in to Block 2B Kenya. These transactions, combined with our existing assets in Namibia and Western Sahara, and our ongoing negotiations in Cameroon, Madagascar and elsewhere, will transform Tower into a true Pan-African exploration company. On completion Tower will hold a diversified asset portfolio, in highly prospective hydrocarbon regions and at various stages of development, which should deliver numerous operational milestones in the coming months and years. Each asset has the individual potential to deliver substantial upside for our investors.

This week at a guess. Could well have some interesting figues contained in it. If so a rerate to .30 or above could well happen imo. GLA

Like I said on peg, I work in this industry,, just a warning this will probably tank if no news by monday morning. I dont expect to see any contract news so soon after bom but I might be wrong, I have positions in both and hope im wrong but I would assume if sub contracts are going to be annonuced then it would be many weeks if not months away, gla

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Nearly 8 years I mean

To bed now, been on nites, think Langyy follows same shifts as me!!.. another year and I will be out the rat race hopefully.. been doig this for nearly years now so its nearly at an end..........GL

Seems to be doing okay? there are 10 or 20 on LSE like yourselves that could do it too?

Even yourself? Think we need some of you experienced fresh blood into the media to promote these tips?