Ann: RAI - 31 December 2012 Interim Financial Rep, page-15

re: Ann: RAI - 31 December 2012 Interim Finan... Very sharp eyes Sid I didn't realise that

"Raisama continues to progress its direct discussions with Cadco to achieve a negotiated settlement of its outstanding dispute relating to its farmin agreement. The exchange of a draft agreement to settle the arbitration indicates that a final settlement could potentially be reached in advance of Cadco’s financial close."

Financial Close = "Cadco has advised that it anticipates completing its financing arrangements as early as March 2013 which"

Smart cookie Sid

Bring on the $6.5m-$7m cash