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.
RAI Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
