RAI 0.00% 2.3¢ raisama energy limited

Ann: Results of Annual General Meeting , page-4

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  1. 3,072 Posts.
    strauss, Nah didn't go to AGM. I'm waiting for wildBill to report back on that front.

    *the AGM did approve a 10% dilutive cap Raising, but I haven't seen a placement price mentioned yet. That will provide some interim funds in addition to whats left in the kitty. 10% dilution is not so bad, I can live with that.

    *A new project is in the pipeline.

    *The Cadlao debacle will be resolved, looks to me like they'll take the ~7 mil cash.

    Unfortunately a year has been wasted courtesy of Blade / VIKING.
 
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