Emailed the company asking if finance was still on track for end of March. This is the answer i recieved:
"The new Board is awaiting completion of the ongoing optimisation review into the Buena Vista Project. Details of the work currently being undertaken were disclosed in the Company's quarterly activities report dated 30 January 2012.
As this review is ongoing, project finance will not be secured by the end of March.
Upon completion of the review, Richmond will make an announcement to the ASX."
RHM Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held
