Wild Bill bit harsh mate especially those allegations of deception etc
Very poor share price performance though
Personally have said would prefer they give Blade back their interest and take the $7m cash
Keep the indirect 16% interest which is carried almost to production
"But importantly VenturOil is only obligated to pay these costs following the “spudding” of the first development well at Cadlao, currently scheduled for 1Q13, which then closely ties project funding with project revenues. As such, Raisama does not have any near term funding obligations"
RAI Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held