I would exercise caution; slide 5 Develop Fraser West Project...

I would exercise caution; slide 5

Develop Fraser West Project via Ram Resources (ASX:RMR)
•Acquire significant and liquid stake in RMR (Cost recovery/Disposal)

That indicates to me a planned pump and dump, so if you're buying in, be prepared to see a bit of a bell curve before organic growth recovers the share price again. Who knows when RGM will hit though...all depends on their financial position.

Why hasn't RMR released this same information of funding details and share issue as market sensitive information? It bloody well establishes their financial position in light of their capability to finalise the fraser range acquisition!

Slide 13

http://www.proactiveinvestors.co.uk/genera//files/companies/regency_29jan13_corporate_presentation_final.pdf

oRMR to sole-fund AUD $250,000 for exploration activities
oRMR receives 10% of tenements Tranche C:
oSubject to shareholder approval and rights issue of AUD $1,500,000, RMR issues 1,050,000,000 new RMR shares to RGM (~52% shareholding)