Hey guys - I honestly believe that this has some potential and one day it might do something, but who knows when that one day will be - but I'm suspecting late this year early next?
I also believe that when Adavale has sorted out the Tapan Coal Project in Indonesia and it should be sorted in about 8 weeks, then JR can focus on this company as Richard Poole will take control of Tapan.
I'd also watch how they have kept shareholders informed about progress in Tapan (and what is about to come) and learn from this and apply it to RMG - basically, they tell you bugger all, technically manipulating the SP and helping themsleves to control the company after a cheap rights issue probably underwritten by Arthur Phillip, Mr Poole & Co....
RMG Price at posting:
0.7¢ Sentiment: None Disclosure: Held
