RAI 0.00% 2.3¢ raisama energy limited

worst case 3c per share cash best case cadlao , page-69

  1. 1,190 Posts.
    This is the Philippines where anything go. Also beware there are posters on this site are potentially empoyees / directors of either Blade or Raisama. Also as you eluded the web pages may be added to deliberately alter the arbitrators decision, as he will also be investigating the other proposed parties. If he sees they are ready to go and advanced that will sway his mind. Raisama had better have everything fully ready to go, not just with finance, but documented plans for the operation, contractors, equipment etc. Raisama will need to be seen as competent and fully advanced and ready to go and supported by Venturaoil. The finance is the main thing but it's a whole package. Jeff Sketee should take note that "arbitrators decide on fairness.

    What we can at least say is under worst case, there is a very good chance of getting the $7 million.

    The colourful person from Legavi may save the day. He rose to fame over the Marcos case in the 1990's. I'm 95% sure he was willing to travel to Perth and attend the Supreme Court and state finance has been obtained and ready to go. He will attend the arbitration hearing and state the same. Given the amount Raisama has invested in the project, the combination will win over the arbitrator IMO.

    I have brought the estimated arbitrators decision date slightly earlier to late October. So still 6 weeks plus.
 
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