Must be about time for a DECO share conversion in RCP I would have thought. LJ have done their job by destroying the share price. RCP must owe around the $1 to $2 million to DECO by now.
Proposed share exploration campaign to cost $3 to $4 million. Wouldnt surprise me to see DECO issue around 300 million shares to themselves at around the 2 cent mark to provide around $6 million in funds required to go forward. Should see them own around the 70 percent mark of RCP. Lets hope this is enough, i think they own a similar percentage of MZI.
There can be only 1 reason it takes 3 years to get nothing done. Once DECO are satisfied with their ownership level of RCP if it plays out somthing like described above i would then expect some hope for the rest of us.
RCP Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
