Hello Everyone,just a thought that BTV Directors who read H.C....

Hello Everyone,just a thought that BTV Directors who read H.C. Postings may be interested in placing a small amount of BTV's Cash into RBM Shares because after all ,You have to 'speculate to accumalate' and the smell there in RBM is stronger than the smell in the drains of the Sydney Fish Market.

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Code: RBM - REDBANK MINES LIMITED ( 1c | Price Chart | [There are new announcements for RBM.] Announcements | Google RBM)
Post: 3819302
Reply to: #3816343 from Kublai Khan Views: 17
Posted: 05/03/09 09:23 Stock Price (at time of posting): 1c Sentiment: ST Buy Disclosure: Stock Held From: 210.10.xxx.xxx
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Hello Kublai Khan, Quote-- 'If Stirling take up 100% shortfall they will have 481,227,500, table P15

If you take 481,227,500 from 656,591,250 then this leaves 175,363,750 shares with other shareholders.

Conclusion....the amount of shares with other shareholders stays the same as before the rights issue if there are no acceptances.

Question....what does this mean?????'/End quote

Answer = a takeover of RBM at what is an absolute bargain price and presently M.K. and his Klan seem to know something here to be going through all these various moves.
Perhaps some of the larger Shareholders here will soon 'wake up' and make a play for RBM themselves and One way they could do this by is taking up their Rights issue which would be virtually defending RBM.
The central thing here could be that Mr. Bruce Morrin after becoming a non Exec. Director may have enjoyed a closer look at that Airborne survey of the Copperado Lease and possibly then advised M.K. to 'go for it',that is RBM.


No responsibility taken for any losses in association with this Posting.

Regards,

moly