renison to undertake restructure and recapital, page-6

Jamelash, Jamelash, Jamelash!!! I do not believe that you have asked that question. "How is that good news for shareholders"???
Well, maybe, like other LT holders who have seen their company on the verge of being de-listed except for the ASX fudging our Market Cap by multiplying 21 BILLION shares by .001, thus "qualifying" RSN to remain listed, when there was NO value for those shares as there has not been a listed buyer to buy them for months.
Or, maybe seeing your company say and do nothing about the debacle that has ensued with the conversion of the loan repayments into shares when the SP was .001 creating the largest number of issued shares possible for a company that was literally doing nothing and being on life support through the whim and fancy of its major shareholder, who now has an absolute stranglehold on the share registry.
Frankly, if he wasn't such a nice bloke and able to afford it, he could have ditched this company months ago and either taken a juicy tax loss, or, for us shareholders, he could have bought out the whole company for a song and we would have been left with nothing.
This company is sitting on a $BILLION plus, asset, most of it proven, in the commodity that is probably the only one that will continue to increase in demand and price. It is already heading close to $1,800 per oz and RSN's viability calculations have always been done with the price at $700.
Plus, they now have these very promising leases in N.Z. that could make Agate Creek pale by comparison.
And all shareholders, up to yesterday's announcement, were at risk of losing all of that and worse, being unable to trade their shares IF that is what they wanted. I note Jamelash that you described yourself as a "get in and get out" trader, yet, you have also said that you bought into RSN for the long term, thus changing your policy. Considering the sate of this company at the time that you bought in, I believe that you either had a crystal ball, or iron ones, because this company has been going nowhere for a very long time.
But, now that they are FINALLY going to do what we have virtually been begging them to do for months i.e. get rid of our dependence on S.B. (he paradoxically saved the company and kept it going, but, he also nearly destroyed it when the market crashed at the same time that his loans had to be redeemed)
We will get a total capital restructuring, thus making our shares manageable and tradeable again and we will be capitalized by shareholderS, not, just the one person.

The terms will be most interesting to see, but, one would hope that they will be favourable to LT patient and loyal SHs and we can comment on those when they are released.
It is VERY good news for shareholders as the alternative was hopeless. Let's see how it unfolds.