We have a breakout now with increased voulme some big trades going through on the assumption we will get good news early March perhaps the fact that the bolivians might settle on the steps so to speak at the Hague as this is going to give them much bad publicity from a FDI point of view they also could do with getting RUR back on board to sort plants out with all the power shortages which are politically bad for the government

Valuation is at least 20p if they settle at $75M and broker thinks this could be as high as 34p with the other shrewd investments in SA

DYOR but there is good momentum and little downside

Rurlec - Interim results for the six months ended 30 June 2013

http://www.brrmedia.co.uk/event/116650/peter-earl-chief-executive-officer

LISTEN: Rurlec - Sales of Jenbacher gas engines

click here

Is the company about to receive its awaited compensation payment from the Bolivian government - equivalent to half the value of the company? Or is the price movement this week just another of its many shortlived spikes?