re: Ann: Extension of Share Purchase Plan Clo...
The deadline for the SPP is tomorrow. So maybe there will be an extension announcement tomorrow at 3.58 pm; like they did last time on 13 May.
Then again, the financiers may be wanting more equity input by Raisama. So, there could be a further CR.
In the absence of positive news on financing or the FID, I feel by Tues / Wed / Thur next week the SP will be around 5.5 cents. Even then, it may not be good buying, particularly with a final deadline of 23 June.
RAI has become a gamble, rather than reasoned investment.
RAI Price at posting:
7.5¢ Sentiment: None Disclosure: Held