Artical in Thewest Business 21.1.2012
Fortnum restart plan
Miles Kennedys newest vehicle, RNI,has started work on the first plank of a $50 million plan to buy and restart the Fortnum gold mine. Argonaut was last night working on a book-build to raise about $20 million, with another $10 million to come from a rights issue. Separately, New Holland Capital will arrange a $20 million dept facility.
I think we're heading in the right direction, have faith in the board
There's gold in them there hills!
rni issues, page-8
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