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Parrot,It's getting pretty hard to tell if everything is on...

  1. 1,987 Posts.
    Parrot,

    It's getting pretty hard to tell if everything is on track - we haven't heard much from the company since the last quarterly and that just said by that finance was expected to be arranged by the end of this quarter.

    That said I reckon the market here in Oz is almost irrelevant as the funding and promotional efforts have not been aimed at this region.

    Interested in your thoughts on the speculation over the weekend that the RAB Special Situations Fund might be a contender for the project finance. Certainly my quick research this morning shows that this type of project fits pretty well into the guidlines under which the Fund is being promoted and RAB is already a significant shareholder. What do you reckon - clutching at straws or is it a distinct possibility.

    The AIM site lists RAB SSF as in the process of listing but has not got any date nominated yet. Someone posted that it was expected to list on 20 May but that seems unlikely if AIM hasn't got them down for that date as it's only 4 days away.

    Cheers

    Badfish
 
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