Member Info for StephenFryUp

Thanks mate, really appreciated.. Look forward to your input. Yes that's what I understand regarding the revenue, and the first stream about to come online in December, which will be confirmed in an RNS if you read the last couple.

http://www.proactiveinvestors.co.uk/LON:RAME/Rame-Energy/

That's exactly why I have taken a position, and cant believe no one has noticed this... Have a listen to the interview I just posted..

Tim Adams, the CEO of Rame Energy (LON:RAME) tells Proactiveinvestors about the company's plans to become an independent power provider. He expects significant growth in the next year. www.youtube.com/watch?v=AR-EtmshC90

Thanks mate, seems an exciting time coming for RAME in the short, medium and long term.. Something for everyone !

Yeah another great find mate.. There is so much info online regarding RAME, so I urge people to start having a read up, especially as newsflow is about to start up again !

After carrying out a monitoring programme, Rame set about installing the world’s highest utility-scale wind turbine at the Valedero gold mine. It designed a hydraulic rig to transport the turbine over the 160km-long dirt track to the mine, built the foundation in the depth of the Andean winter, and then erected and maintained the high-altitude turbine. This two-megawatt project led to one ten times the size for Barrick at Punta Colorada in Chile. The Chilean market has a lot of potential for Rame. The energy-intensive mining industry is a vital sector, accounting for three-quarters of the country’s exports. There are substantial plans for growth, and the copper industry’s demand for power is expected to grow by over 50% in the next five years. Yet there are energy shortages, and the success of these expansion plans depend on overcoming them. Chile needs more energy, Rame can provide it Historically Chile has relied heavily on hydro energy, but a six-year drought is putting this source under pressure. The tightness of the market means that the electricity spot market can be very volatile. Prices can easily range between five cents per kilowatt-hour to 55 cents; making costs very unpredictable. Even if a miner has much of its energy needs under contract, this can bring an unsettling element into the cost equation for the remainder. There is an initial portfolio of 14 projects in Chile totalling 549 megawatts. Four of these have been chosen for near-term development, with finance agreed for the first 15 megawatts at Raki/Huajache. Rame will be customer-led. A miner looking to contract for a given amount of power will come to Rame, who will try and find an appropriate solution for them from this inventory of potential projects. I tend to be a bit cautious where alternative energy and capital-intensive projects are concerned. However, despite its far-flung location, Rame looks to be operating at the lower end of the risk scale. It has a decade of engineering experience and a history of working with the mining industry customers it’s looking to serve. The initial projects are financed and should be on stream later this year. As something of a wind power sceptic, I’ll certainly be interested to see how its business develops.

Why Britain needs blackouts By: David Thornton 08/04/2014 Twitter Facebook LinkedIn Reddit Google+ Email Print Offshore wind led Rame to Latin America Policy adviser John Armitt recently said that power blackouts would be “the best possible thing” for this country – they would force politicians to address our looming energy crisis with some much-needed urgency. I think he makes a good point. We’ve been too slow to invest in new generating capacity, while at the same time shutting down old carbon-based power stations. Just a couple of years ago, we had surplus capacity of over 15%. Now, it’s down to a worrying 4%. A big reason for this drop is the huge cost and unpopularity of some renewables. Offshore wind, for example, weighs in at around £155 per megawatt hour, which is three times today’s electricity price. This makes it unlikely to play a leading role in bridging our energy gap. However, for one newly-listed Aim company, experience gained in European offshore wind has resulted in it building a promising position in Latin American alternative energy. How to build world’s highest wind turbine Plymouth-based Rame Energy (LON: RAME) was founded in 2002. At the time, EU directives pushing renewable energy targets made it clear there would be opportunities in the emerging industry of offshore wind farms. Things were just getting started, and Rame saw a chance to use its engineering expertise in energy, subsea and shipbuilding to develop some innovative solutions. Firstly, the company designed a specialised vessel for installing foundations and erecting offshore turbines. Then, in 2004 it carried out a detailed evaluation of an 80-turbine offshore project in Germany, which broadened its exposure to wind engineering. FREE PENNY SHARES INVESTMENT EMAIL Penny Sleuth is our FREE twice-weekly penny share investment email. Top penny share expert David Thornton will help you master the world of small-cap investment. Each and every week he will pass on his simple, plain talking insights and expertise that really could change your fortunes. To sign up for FREE, just enter your details below. The high costs were always likely to make this a difficult market though. So Rame looked to the US to see if there were any opportunities to use its know-how in the Gulf of Mexico. While marketing over there, the technology was seen by Barrick Gold. Barrick is the world’s largest gold producer, and was keen to deploy renewable power in some of its remote mining locations. Although the environment might not be quite as harsh as the North Sea, erecting a turbine for Barrick in the Argentinian Andes brought its own set of challenges. After carrying out a monitoring programme, Rame set about installing the world’s highest utility-scale wind turbine at the Valedero gold mine. It designed a hydraulic rig to transport the tur

We decided therefore to try and get higher up the food chain in the offshore energy business so that we could control a project and access the construction work that way. We raised some equity and on behalf of the investor we project managed a large offshore wind farm being developed in the German North Sea for about 18 months. We looked at all aspects of the project including wind resource assessments, environmental studies, construction feasibility studies and detailed design. This gave us some strong general wind power expertise and these new skills allowed us to move into more of a project developer role. Our step to Chile was an accident in some ways. We took a model of our jack-up ship to an oil and gas exhibition in Houston, Texas, where we coincidentally met a guy from Barrick Gold, which is the largest gold mining company in the world. Their representative saw our ship design with wind turbines stored on it and asked if we knew anything about wind power because he had mining projects in the High Andes which required energy but were dependant on diesel. We undertook some feasibility studies which lead to a contract to install a 2megawatt wind turbine at 4,300 metres above sea level. Q: How many staff do you have in Chile? A: We have 30 staff in Santiago and another 30 in the Westcountry where our headquarters are located. Q: When did Seawind become Rame Energy and why? A: The company was always called Seawind but a lot of the projects we have been involved in are neither by the sea or don't involve wind so we decided to bring all our businesses together under a new name. The company is named after Rame Head, which is of course the headland at the entrance to Plymouth Sound. We are a Plymouth business and we changed the name 18 months ago when we were working towards our AIM listing. Q: Where do you see Rame Energy going? A: We have three business units: Large Scale Generation, which comprises of wind, solar and hydro in the 9 to 50 MW power range. We also have the Small Scale Generation division, which builds hybrid power plants projects below 9MW for customers keen to save fuel through renewable energy projects. Finally, we remain an engineering company and through our Engineering Services division and we will continue to do work in the marine industry in the UK. We have just moved to new waterside premises in Plymouth and this new facility will enable our subsidiary Rame Marine to undertake mechanical servicing and repairs on vessels and watercraft both afloat and ashore. We want to sustainably grow all the parts of our business, as demonstrated by our array of activities and updates since listing: the engineering side, the renewable energy solutions packages we offer and our marine business. We want to grow our solar capability and power generation capability and are looking towards Latin America and Africa to achieve that. Many of our current and prospective mining customers have facilities in Afri

Q: How did it all start for Rame Energy? A: I worked with a marine contractor in Plymouth for many years. The Seawind Group, now wholly owned by Rame, started 12 years ago as a cooperation between myself and a business partner who was closely involved with Appledore shipyard at the time. Our work combined our marine civil engineering expertise and general ship repairs which we conducted from our North Devon quayside facilities. ADVERTISEMENT At the time we were looking at the potential of the offshore wind turbine industry as a new market in which our expertise could play a part, but for that we recognised the need to build a big self-propelled jack-up ship to make offshore installations efficient in bad weather. That got us interested in the wind business while we kept our other marine engineering business going. Some of the projects the company was involved in at the time included erecting an offshore wind measurement mast in the Humber for E.ON, the construction of a new LNG terminal in Milford Haven and the major refurbishment of a large waste transfer facility on the river Thames. Over the past 12 years, Rame has evolved considerably and we now have three distinct business divisions – a huge change from when we first established the company. Now our core activity is power production in Latin America, in particular Chile, where we are utilising renewable technologies to generate electricity as cheaply as possible to provide competitive and stable energy to private industrial customers. Our engineering, solar and marine services business continue to drive important revenues for the group and are a key focus for growth going forward, and we also have a Small Scale Generation division which constructs 500k – 9MW wind/solar/diesel for off-grid private power sales where we are assisting customers, particularly mining companies, to reduce their dependency on expensive fossil fuels. Our AIM listing earlier this year combined with our financing framework with Santander underpins our Large Scale Power Generation Division which is the backbone of moving Rame forward as an Independent Power Producer through the development of 9-50MW wind and solar projects in Latin America. Q: Why Chile and Latin America? A: Ten years ago we were trying to finance and find employment for our big ship and sell our services into the emerging UK offshore wind market. At the time, the UK was just starting its offshore wind energy industry and its first offshore projects were entering the construction tendering exercise. But the economics were not robust enough due to the high pricing of weather risks, the very problem we were trying to solve with our new technology. We decided therefore to try and get higher up the food chain in the offshore energy business so that we could control a project and access the construction work that way. We raised some equity and on behalf of the investor we project managed a large

That's exactly it mate, brilliant finance deal in place too. Just completely missed by the market and investors

Thanks mate, just seems like a great time to get in here. Will post some other info after nine

Great to see you in mate, as I said I think it's a winner, and welcome everyone's opinion good and bad, as still finding out more info myself. News on the first wind farms should come anytime now, and could really get things moving.

Nice buying coming in already.

Certainly is an interesting one here. Looks like a busy few weeks to come

Wind farm projects for over 100mw already financed with Santander.

The ceo Tim Adams also holds a fair whack. http://www.rame-energy.com/investors/shares-in-issue-and-major-shareholders

Hi mate, great to see you looking in. Yes nicely backed by big holders here, would think not much stock available at present

http://www.proactiveinvestors.co.uk/companies/news/72849/update-rame-energy-well-positioned-as-chile-opens-up-for-solar-power-72849.html

http://www.proactiveinvestors.co.uk/companies/news/73365/rame-energy-finalises-cerro-bayo-supply-deal-73365.html?utm_source=twitterfeed&utm_medium=twitter