Hi Hiten, if you haven't already done so, given your history of open communication with Max, could you pls ask him what the hell has happened to the Hebei deal, and why there was no mention in todays announcment, leaving it up to shareholders imagination as to what must seemingly have happened with that agreement ?
Fancy doing a SPP @ 32c ? ..... this time last year, no one would have thought anything less than $1.00 by now, before rasing capital ....very very very disappointing .... only good if you dont own RHM for a cheap entry, although there is real doubt in my mind now whether Max has the ability to raise the funds to complete this project .... he may be the wrong MD for RHM ???
Announcement in May about the alliance with Hebei said it was the culmination of 9 months of negotiations ... Max, negotiate with a crowd who are serious about BV, not pretenders like Hebei ... stop wasting loyal shareholders time !!!
I will be calling Max for a chat very soon ....
RHM Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held