Sid, I think you have a high percentage of your holding in this. Maybe there could be some sort of deadline like DOE saying get your consortium finance together by 31 Jan, or your contract gets terminated. I don't know.
I do know Rausama is no longer greedy. The arbitration is no longer important. I think it's about saving Cadloe. Therefore Viking, Blade and Raisama need to work together. At the AGM there seemed to be a breakdown in communication btw Blade andRaisama.
I personally don't feel comfortable with these RAI directors. I don't think they have want it takes to communicate well and get things happening, IMO. We should not Have allowed them to have their huge salaries.
The CR will probably be only $1 million.
As time goes on I also think sub 1 cent is possible, even highly likely. WB
I hold Chalice Gold CHN, highly leveraged to the upside, not to the downside.
RAI Price at posting:
1.6¢ Sentiment: None Disclosure: Held