Well raising $5,000,000 instead of $2,500,000 makes more sense to me?! Unless of course the directors have a fair idea that they will get near to $5,000,00 without Cue.
Certainly a number of potential investors would still have a certain amount of negative sentiment in regards to the circumstances of RSL over the last 18 months. I would have thought a BIG CARROT (or should that be carat) would counteract any of that sentiment. Anyway, as Mac says, what's the story about this 30% threashold. I mean you can always reduce that number down the line. If every thing is successful, some big investor can/will buy a big block of shares off Red Rock.
Cheers
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- what about cue stake being added to rsl!?!
Well raising $5,000,000 instead of $2,500,000 makes more sense...
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