Rurelec but so nearly a result! Its all about the timing...

Further re: Timing of Bolivian Compensation Award

Well it was so so close to the end of January, fair play and nothing up with that. I have elected not to post the massive amounts of comments about Rurelec (all 11 of them) save for 1 which sums most of them up. The reasoning being that they're very similar, and I will say it's brilliant that people are top slicing, taking profit and the like. Except 'Ben' best of success to you on your 100% all in strategy, takes some balls in today's market so you go! Please let me know how you did and when you sell.

I suspect the Company and holders will breathe a sigh of relief, and then Rurelec can get on with Energy Production and the PCA well behind them. Ironically, depending on the award it may make Bolivia more invest-able. Who'd have thought it, alas,  it doesn't come without caveats.

The summary to Rurelec: I believe on the whole Peter Earl and the board have handled the process very well. Yes there's some ups and downs to come but they're fairly obvious even the gamesmanship on Bolivia's part, but at least 'where possible' Rurelec have endeavoured to keep the market updated. In comparison to Oxus, it should be taken as a well done for managing the fund and loans etc...The placings, I haven't agreed with at times, but hey there's no pleasing me all the time. After all, Rurelec had a very valid argument of continuing with business outside of the PCA claim, for which they have done. The contentions I have with the timing of the last placing hasn't been hidden, but then again, I'm not aware of the full facts. The Santiago Listing I suspect isn't far behind either.  

So where too next...tranche buying on other claims? So it looks like Oxus is next, perhaps even Metro Baltic Horizon (MET)? Churchill will have a nice ride assuming jurisdictional validation. All to come...I may need some Beta testers for the new site assuming Patrick finishes it. I shouldn't moan he's not charging me a penny, albeit he did ask for three tips! So I reckon we're equal on that basis...or perhaps he owes me more work!

Atb Fraser