Hello Everyone,what looks to be happening here is if ALE according to the link below take up 10% + of RBM then ALE would be entitled to Seat on the Board of RBM and we all know by now who the new M.D.of ALE is.Looks like M.K.really has Plans here and Crawley Investments $1,000,000 of Convertible RBM Notes could be an important part of the play.
http://news.smh.com.au/business/kiernan-to-lift-stake-in-redbank-to-40-20081128-6mtd.html
No responsibility taken for any losses in association with this posting.
Regards,
moly
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redbank mines limited
link to what looks to be going on here
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