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12.5% 0.4¢ redstone resources limited

Hi CogsI have heard that there are three interested parties. Two...

  1. shaneh
    62 Posts.
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    02/05/12
    10:56
    Post #: 10120041
    Hi Cogs

    I have heard that there are three interested parties. Two from China and one Australian. Aparently a meeting has taken place with one of the Chinese investors and a meetings with the other parties will follow.

    From what I have heard, the best result will be if the company goes with the Australian party as they are willing to commit more money but are also looking to drive the company hard and push the projects.

    RDS has the resource but unfortunately management is what lets them down.

    IMO
    RDS Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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