Ann: Corporate Update, page-47

I am not implying anything Sq, just that there appears to be serious move on RNI by a certain entity and the sols and the ex PCF bloke have been called in to advise. PCF tried to get finance for RNI for the gold mine start-up but we know how that ended up.

The sols state on the website that Galaxy and Windward have been t/o - m and a clients. W was taken over by IGO when Bronwyn Barnes was in charge at W and Fotios nominated BB for a Board position on RNI in exchange for his investment - or so we were told. Galaxy was MF at one time. Sooooo, MF is not courting RNI it would appear. In fact he would want to repel any t/o move imo.

I would hate to see a t/o.

However, the first task of any company wanting to take over RNI would be to get the big shareholders on side, and I would be staggered if that has happened.

Anyway that is one competitor possibility. What's the other possibly all about!