Ann: Notice of Change of Interests of Substantial, page-15

re: Ann: Notice of Change of Interests of Sub... Boff,

You have to look far beyond.
RCI used to be an coal exploration company with promising land holding in QLD. There are several takeover battle, first with BWN during 2007, reverse taken over by CCS, and late 2009 with two Indian companies, and one Chinese Co.

It began in March 2007, when RCI intended to purchase CCS, a Chinese Coke plant, and give the Chinese company 54% control plus bonus share if CCS can make money in one year. It succeed in Sept 2007 among wide disapprove and doubt, hope and wishful thinking. CEO was immediately dismissed aftermath. You can search RCI between Mar 2007 and Sept 2007 on HC.

It make some tidy profit on paper in 2008. The owner of CCS get extra share to increase his shareholding to over 70%. It lost money ever since. Typical cooking books or bad luck you judge it by yourself.

It is a long story, check it yourself. Focus on how the company was operated, how the promise was carried out or not, how much information came out of the company, how directors and management team restructed, and how much money it has spent on exploration, how major shareholder cashed in, you should be able to form your own judgement.

Good luck.