Rurelec Share Discussion Threads

[swooped] 28/7/2014 16:09

Vyke yes but the award was just under half of their $114 billion claim

[giant steps] 28/7/2014 15:19

Recall Payment of $26m to Burford Capital for $15m birdsong loan 3rd June 2014

Debt repayment a real burden.

[vyke82] 28/7/2014 13:44

The news just out regarding yukos winning $50bln from Russia for expropriation. more than they expected.This brings me back to swallow the sadness of our pitiful award. ?

[swooped] 19/7/2014 11:02

May I suggest you contact Peter Earl and address your questions to him, I'm sure he will respond.

[cyfran101] 18/7/2014 00:27

A few questions that need answering:

1) Is the Chilean stock market debut indefinitely delayed or grinding through with negotiations. They can't keep alluding to imminent updates when we are long past "imminent"

2) Have the Arica environmental permits been granted? They were supposed to be received early 2014.

3)The Cascade portfolio appears to be the most immediate driver for growth. Do we have all the permits to get the 6 projects going?

[swooped] 02/7/2014 16:37

Thanks guys, nice to know the trip was of some value and is appreciated.

[mountain man] 02/7/2014 13:51

SwoopedThanks for the write up which I have just read. Much appreciated and looking forward to the next 12 months without the Bolivian issue which has held us up for so long.

[torbie] 02/7/2014 13:09

Thanks Swooped you are a starKeeping the faithJim.

[2350220] 02/7/2014 10:23

Thanks very much Swooped, for taking the time to do a nice write up of the AGM.

All the best,
John

[gerhart] 01/7/2014 13:36

Thanks Swooped. Who knows eh....

[cheshire2] 30/6/2014 14:04

RNS Number : 9162K

Rurelec PLC

30 June 2014

30 June 2014

RURELEC PLC

("Rurelec" or "the Company")

Result of Annual General Meeting

Rurelec, the AIM quoted independent power plant developer with operations in South America, is pleased to announce that at the Company's Annual General Meeting, held earlier today, all resolutions were duly passed.

[gerhart] 28/6/2014 20:58

Don't worry swooped - not "having a go"....

[swooped] 27/6/2014 14:38

Well I've given my thought, 8 weeks max for more than one piece of great news, lets see if I am right.

I'll keep an eye on this date and remind you, if not I'll scurry off with my tail etc....

[gerhart] 27/6/2014 13:29

Hey Swooped "uber positve" and the rest! Even today your sign-off line is all jam tomorrow! Sometimes I think that you are PE!!

And I'm sorry, but "imminent" is a word that should never have been used about dual listing. It's probably not even "imminent" now. But who knows....though I suspect we'd have had an RNS if it really were imminent at this point.

But here's hoping....

[swooped] 27/6/2014 10:39

I know to most I come across as uber positve with Rurelec, but for the record I have not fallen in love' with a share as some may think, I am in very much the same boat as many here and yes I too regret not trading prior to the award at those heady, what seem like a long way away 15p sp, however the only regret I have in that regard is, had I done so my holding would now be double and more what it was.

I think in time you will find out that PE had good reason to state imminent as regards the Chile listing but I guess some things are just out of a company's control however, I am confident that we will see a very positive outcome in the end and Rurelec will once again be re-rated as JVs are signed and the company is free to progress and list. For me the only thing that has changed is the timeframe, the strategy will still be progressed and I expect the next 8 weeks are going to hold some exciting and multiple changes.

[mountain man] 27/6/2014 09:19

Delivery can only come after the construction phase and that takes time. Patience is all that is required IMHO.

[rxcbs01] 27/6/2014 09:10

It's time that they delivered on their promises they seem to over promise and under deliver ran out of sympathy now

[gerhart] 27/6/2014 08:54

If anyone is going to AGM - maybe they would ask PE why a long time back he misled investors by describing the Chile list as now being "imminent". When of course it never was - simply because Chile has never got their head around AIM regulation (apparently).

It would only have been imminent if Chile had said we're happy with all the checks and "admin" and we'll give you a listing date soon.

For me that kind of destroyed PE's reliability as far as Info is concerned.

[jeddicat] 26/6/2014 14:13

Well said 'hillbloke'.

Regards

[mountain man] 26/6/2014 13:37

SwoopedI won't be going but would appreciate feedback from anyone who does. I too have added recently. Sure - it will take a little time before we see far better results but I see reward for waiting.Patience is all that is required IMHO.

[swooped] 26/6/2014 11:53

A review of the Argus Vickers number for share ownership shows all the selling over the last few months have been from nominee accounts, no major funds or ii's have sold at all. In fact, I think what we have seen is a huge number of PI's jumping in prior to the award hoping to short term trade the share and when it didn't come off as they planned, they have been dumping, actually it's just about ended now as the nominee accounts this last month have increased as have ISA holdings.

Its a shame really as many if not the majority probably sold at a loss, very crazy I just cannot understand why PI's end up selling at the bottom, goes against all investment wisdom. In my view if you believe in the investment decision you have made and it is based on good research then its best to hold.

Rurelec are at a watershed moment in their strategy and if anything people should be buying now whilst the share price is depressed, its exactly what I have done of late, but no doubt they won't, however you watch what happens when good news is released, the PI's will be back in, buying into a growing company, but they will be doing it at higher prices than today...I can only think that many just did not do their research thoroughly and have been swept along by the crowd..!

Anyone here going to the AGM on Monday?

[cheshire2] 17/6/2014 08:57

Can't see peters or the other directors trades going through at volume or price stated.