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0.00% 2.3¢ raisama energy limited

re: Ann: Extension of Share Purchase Plan Clo... Does anyone...

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  1. Wild Bill
    1,190 Posts.
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    04/05/12
    04:47
    Post #: 10130359
    re: Ann: Extension of Share Purchase Plan Clo... Does anyone know how much funding is needed to legally satisfy JV partner Blade notice of termination?

    The notice falls due on 26 June and Raisama will then loose 50% of the Cadloe project.

    I do know it is more than $30 million. I also know all the previous financing announcements do not legally satisfy the funding condition.
    RAI Price at posting: 7.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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