RAI 0.00% 2.3¢ raisama energy limited

re: Ann: DOE Approves Integrated Development ... wBill, do you...

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  1. 3,072 Posts.
    re: Ann: DOE Approves Integrated Development ... wBill, do you believe RAIs response to the Bonita termination ?

    I don't, purely because they innitialy reacted similarly to the Cadlao termination ie: denial/avoidance.

    the basis from Bonita termination was the same as Cadlao - the failure to be able to prove funding.

    In addition, the Co. didn't publicly acknowledge the termination until it was hassled by SH (eg:me) and then ASX (someone else). In fact, had ASX not got heavy, they would have said zip, and we haven't heard a Bonita word since.

    Am happy to be proven wrong. But too me now, RAI is at best merely a passenger on both Cadlao and Bonita. They aren't calling the shots on either.
 
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