"This mob seems much more on the ball than the old crew on TRY " You concluded that based on a single page letter? Mate you must be the greatest detective or psychic in the world.
Ramcap is a hedge fund whose principals only get to eat what they kill. They are only on the ball in the sense that they are looking for easy pickings. Besides, any Australian outfit that uses "thru" rather than "through" in introducing themselves on the company website are for me likely to be a bunch of pretentious Wall St wannabes.
Here is their website:
https://ramcap.com.au/Also I see Ramcap identify a Wayne Rossiter as their resources advisor. I am not sure this is the same Wayne Rossiter but here is some info from a Wayne Rossiter who has a background in the Australian resources industry:
https://www.linkedin.com/in/waynerossiter"Specialties: Mining, Exploration, Development, Construction, Operations, Infrastructure, Gold, Coal, Iron Ore, Upstream Oil and Gas, Bulk Commodities, Corporate Finance, IPO, Equity, Debt, Strategy, Deals." Really? Whoever this bloke is he is obviously a polymath. Also that page identifies that this Wayne Rossiter was CEO of WPG Resources Ltd (ASX: WPG) from July 2011 to September 2018. Here's the link to the WPG's page on the ASX site.
https://www.asx.com.au/asx/share-price-research/company/WPGAnd here is WPG's website, which still shows a Wayne Rossiter as the CEO even though the company went bust around September last year.
http://wpgresources.com.au/Now I don't know whether Ramcap's resources advisor is the same bloke as the one who was CEO of WPG, and I don't know why WPG went bust, and I don't know what part the CEO of WPG had in the company failing. But I do suggest you should do a tad more due diligence when a small recent start-up hedge fund comes bearing gifts for TRY shareholders.
