RAI 0.00% 2.3¢ raisama energy limited

Either way RAI doesnt loose CadlaoIf they give up their stake...

  1. 22,120 Posts.
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    Either way RAI doesnt loose Cadlao

    If they give up their stake that they had in the deal with Blade they get $7m cash which is the current market cap

    but then dont forget they still have the separate 16.25% interest via the deal they did with VenturOil

    Its a win win as far as Im concerned

    Personally Id prefer for them to give Blade back their share take the $7m and then sit and wait for Blade to develop the project while maintaining a 16.25% interest which is carried to production

 
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