KaChing15 Dec 2014 12:03
Well we can only go by the facts stated in the RNS's and the words of the CEO, and that is why I am very confident that 2015 will be a very good year for RAME.. I see from the weekend post the BA was about, I still don't get his / her agenda here, as seems a little obsessive given they are not invested, and accusing people of ramping this.. Who ? Most of the time its only me and you here ! Ha ha.. I do however acknowledge his / her point that at some stage funds will ne needed here, as is the case with 99.9% of aim companies, that is why they are on the aim. If any raising is done for the right reasons, IE to advance projects, then for me that is a positive if you are a long term holder.. (As WSG has just done as you know).. The company is the only ones with the facts on the current cash position etc, so we can only speculate, but what we do know as that when (Or if) we sign the next agreement with Santander (Which in my opinion is highly likely), we will get an immediate influx of cash.. (From how I am reading previous rns's)..The short term loan I also agree is on very high rates, that cant be denied, but its the term "short" that doesn't concern me, and also the purpose they have borrowed it for, and from a supportive shareholder.. If it had just been taken for working capital I would share BA's concerns, but it wasn't so I don't ! All the above is just my take on things here, and I am looking forward to the news which should be due anytime on our first two projects going live and cash generative, and also the finalising of the next agreement with Santander.