Still no news.
It is possible the ASX is now winding down for the Xmas break and organising their break-up. Or all their energies are going into organising the Melbourne Cup Sweep (it's at Flemington guys in case no one has a clue).
Hard to say if the suspension will ever be listed. I would of thought this may be an opportune time for the RCI directors to release some drilling results, but possibly the loss of their only coal experienced director is impacting on this.
On the plus side coal prices are very strong, and coal stocks likewise, so hopefully the SP will not get hammered too much when they relist. Few shareholders could be bothered to vote against the toxic waste dump, so the conclusion is they were all pretty happy with the reverse takeover, accordingly the SP should fly when they relist. We shall see??
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day 34 since suspension
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