RAI 0.00% 2.3¢ raisama energy limited

So, this time last month: - The share price was at/around...

  1. 959 Posts.
    So, this time last month:

    - The share price was at/around all-time lows;
    - Cash was getting down close to nothing;
    - Company was in a dispute with Cadlao JV partner (Blade);
    - Company was in line to pay $3M towards a drill in NZ for a 10% stake in the project (waste of money/dilution for a company this size);
    - No direction and company was going nowhere.


    Today:

    - Share price moving up and starting to reflect where the company is going;
    - Ditched expensive NZ drill project;
    - Cashed up/access to capital;
    - Cadlao JV seems to be back on track: "Blade pursuing alternative funding with the support of Raisama";
    - Albers & Co on the Board and steering the ship;
    - Almost weekly significant announcements:
    -- New seismic acquisition;
    -- New project acquisition coming;
    -- Ditched expensive project.


    Hopefully next month the share price will be back to where it was this time last year, 10c+, and the way things are going since Albers & Co jumped onboard, I would not be surprised if it does get there in a haste.
 
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