Thanks for not ducking the question,let's call it quits now, we should all pull together on this one, as I still think it has got legs. Getting ear ache off the Missus to watch some s...e on tv,so that's me for the night.
Have to admit defeat on answering the 110 million dollar question. I just hope they spend it wisely and to the benefit of all shareholders. Given the track record and lies of the old RSR BOD who were also going for the Core deal I feel more secure, even with the conspiracy theories, with the new BOD who might just pull us out of the mire of the last four years.
I voted for the BOD,against the share & salary, because I'm an old fashioned sort that believes rewards have to be earned, and for the Lind loan,because,rightly or wrongly,I thought it was RSR & Lind versus the Aussies. Just the $110 mil question to answer now thanks.
Sorry,just read your earlier post to me. I have never been opposed to the raising of $110 mil,just the manner of it. This Company is not going under,far too much interest in it for that to happen, it's just that we PI's deserve a break for keeping RRL afloat, we are not apathetic,RIG is testimony to that. If there are institutions willing to invest that much money in RRL they must think it can be profitable and they could structure the payments over a period of time, but this would of course dilute their % holding, if the SP rises, which they are obviously not keen on. Well, as a PI in this Company I am not keen on losing our influence if the Core deal goes through in its current form, I think there should be a balance struck which is palatable to all concerned. that's all.To counter quote you, I think it would be equally mad to vote away our rights. We are all,however,are entitled to our views, and I respect others,even if I don't agree with them :-)
If defending myself against aggressive types such as yourself gives you that impression I care not. You think it's your way or the highway, right Mick? Think again. You can't even get your facts straight.
If you didn't vote against the BOD can I presume that you were in favour of the share options, the Wonga Lind loan and the salary increases or am I simply being presumptive and you didn't cast your votes?
If the expression "smell the coffee" makes me a rude man I plead guilty. Perhaps you should look back at some of your previous postings that give the impression that you are rude arrogant and abrasive :-)
Don't tell me to smell the coffee, you rude man. You were arguing that "many RRL shareholders voted against the bod". I think you will find it was the complete opposite so try getting your facts right. It was lack of shareholding voting that gave Abrahams what they wanted and they probably knew in advance the typical voter turn out at AGMs. Now you are accusing me of demeaning fellow shareholders!!! How pathetic. You are clearly intent on continuing to make personal attacks against me. Suggest you learn how to argue your case without the personal snipes. Until such a time you're simply not worth any more of my time. As for your final comment "I think that is what most of us hope for and it appears for better or worse we need the Core deal to achieve it" what a bleeding obvious statement. We certainly do need the Core deal now. Congrats on coming up with that one!
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