RAI
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0.00% 2.3¢ raisama energy limited

Ann: Shareholder Update , page-2

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  1. sidthefish
    3,072 Posts.
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    24/09/12
    09:59
    Post #: 10760810
    So the Blade dispute pertians to the additional 25% working interest in Cadlao.

    If RAI wins arbitration... RAI will hold...

    25% + 25% Working + 16% VenturOil = 66% Cadlao.

    If Blade wins arbitration... RAI will hold...

    25% + 16% VenturOil = 41% Cadlao + ~7 mil compensation.

    BACK UP THE TRUCK !!!

    RAI Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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