re: Ann: RAI - 31 December 2012 Interim Finan...
Very sharp eyes Sid I didn't realise that
"Raisama continues to progress its direct discussions with Cadco to achieve a negotiated settlement of its outstanding dispute relating to its farmin agreement. The exchange of a draft agreement to settle the arbitration indicates that a final settlement could potentially be reached in advance of Cadco’s financial close."
Financial Close = "Cadco has advised that it anticipates completing its financing arrangements as early as March 2013 which"
Smart cookie Sid
Bring on the $6.5m-$7m cash
RAI Price at posting:
2.7¢ Sentiment: LT Buy Disclosure: Held