re: Ann: DOE Approves Integrated Development ...
RAI certainly arent calling the shots.
I dont think Thome Group are going to stay on hold for long, Raisama will be paid out. I think the March date is legitimate.
RAI were, at the time of AGM, only wanting what Blade had initially offered. It was deemed as just an offer, as they had already made a higher counter offer.
Anyway RAI are not being greedy. Actually since the AGM it has gone as the directors of RAI had planned.
I think there is blue sky ahead.
Note I get the impression that oil exploration companies are very guarded in their operations, as the sp moves so quickly. One English bloke I met was a driller for oil companies all over the world. He told me they can not use mobile phones or text. He reckon at some places they have tanks of diesel to burn, so distant onlookers would think they have found oil, when actually they havent. They are just burning diesel. Sounds a bit pre-1980's stuff. Do they really light up the oil when they flow test or discover it?
RAI Price at posting:
3.4¢ Sentiment: None Disclosure: Held
