RAI 0.00% 2.3¢ raisama energy limited

well Strauss, more like what RAI tell you and what BLADE get are...

  1. 3,072 Posts.
    well Strauss, more like what RAI tell you and what BLADE get are 2 different things, if it was any different, RAI would have got a positive outcome by now. They proceeded down the legal avenue for 8 months, then laid down and begged for the original BLADE offer, took SH for the ride.

    BLADE is in the box seat here re: Cadlao. Don't kid yourself otherwise, they want RAI out.

    Further, the arrangement terms with VenturOil has always been "confidential", that is a another grey area.

    As for Bonita, still no comment from RAI and in full denial.

    Intersting how RAI list Bonita as 50% of 2P, but described the termination as immaterial. BTW, RAI would have never made a ANN re: Bonita termination at all, had it not been for SH hassling the Co. or others bringing the termination to the attention of ASX. Dodgy.

    I'm back in but very cautiously.
 
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