the price keeps climbing, page-7

Hi thanks for that info. I think any long term financing deal would be a fantastic result. remember we are only caitalised at $5m. A long term financing deal would confirm equity in Redbank many times over the $5m. Redbank will not provide shareholders with an income stream for many years if ever. But if we get the long term financing the shareholder value would rise over those years and we could easily see shares at 10 fold present prices.

My only concern that if a long term financing is accompanied by an equity raising , that all shareholders have an equal right in participation.

looking forward to the annoucement of the six months deal rather than these monthly rollovers. I will be the first concrete step into the long term viability of Redbank, and stepping back from the cliffs edge.


Not sure about the Asgid dispute, but feel confident that the directors will get a good result