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LNY, LANEWAY RESOURCES LTD
mongoose
post Posted: Oct 8 2010, 07:44 PM
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In Reply To: rosskend's post @ Oct 8 2010, 05:37 PM

maybe a 1000 to 1 consolidation would help the share price,
Have got one question though. Maturity of RSNG is I think- 31-3-12 so is there one more interest payment?

 
fraz2
post Posted: Oct 8 2010, 07:38 PM
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In Reply To: rosskend's post @ Oct 8 2010, 05:37 PM

Market cap of $8m + pay back on the the G's $13m and a bit for the J's maybe - at around $30M cost a T/O would make me happy.

As towie says a cap raising would be on the cards near term unless a farmout or sale of assets occur.



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Our greatest glory is not in never falling, but in getting up every time we do.

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towie
post Posted: Oct 8 2010, 07:03 PM
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In Reply To: fraz2's post @ Oct 8 2010, 04:27 PM

Hi How could this takeover effect RSN. I have increased my holding and trying to do some more research on RSN . Some questions that I would like to ask Directors but they do not return Phone Calls or E Mails Very bad communication with shareholders IF as I expect they will need to raise Funds shortly Cheers Towie DYOR

 
towie
post Posted: Oct 8 2010, 06:25 PM
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In Reply To: rosskend's post @ Oct 8 2010, 05:37 PM

Hi thanks Maybe they were some that I picked up today at .004. Someone bought a 5 million parcel at .005 Maybe he knows something. Cheers Towie. Drilling results looked forward to DYOR Towie

 
rosskend
post Posted: Oct 8 2010, 05:37 PM
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Was thinking the same thing Fraz - Ashford should be of interest to NHC - NEC will hold 75% after a feasability study is completed so the remaining 25% might be worth something if NHC wanted to own the tenement outright. Arrawatta is a bit more a reach - its thermal coal and not much work has been done on it. Would be nice is they cashed in the coal and paid off the G's - nothing like a bit of wishful thinking?!?!?! ;-)

Cashed my RSN "interest payment" - only a couple of billion on issure?!?!?! ;-)

R/Ross

 
fraz2
post Posted: Oct 8 2010, 04:27 PM
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Any thoughts on how the New hope take over offer for NEC will affect RSN?
If successful will they move on RSN?



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Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 

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fraz2
post Posted: Sep 16 2010, 12:36 AM
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In Reply To: fraz2's post @ Sep 13 2010, 04:27 PM

There you go then,

RSNG MARCH 2012 CONVERTIBLE NOTE INTEREST PAYMENT
Renison Consolidated Mines NL advises that in relation to the Company’s Convertible Notes (ASX code RSNG) that the following dates are applicable to the six monthly interest payment for the period from 1 April 2010 to 30 September 2010.
Trading ex entitlement date – 22 September 2010
Record date – 28 September 2010
Interest payment date – 6 October 2010
Interest payment per note - $0.0198 (1.98 cents)

In accordance with the terms and conditions of the notes the company has the capacity to pay the interest owing by the issue of ordinary shares in Renison at a rate calculated as the 10 day volume weighted average price of the ordinary shares discounted by 10%.



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Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 
fraz2
post Posted: Sep 13 2010, 04:29 PM
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In Reply To: fraz2's post @ Sep 13 2010, 04:27 PM

oops sorry ross I didn't read your post before adding my conspiracy theory.



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Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 
nifty49
post Posted: Sep 13 2010, 04:27 PM
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In Reply To: rosskend's post @ Sep 13 2010, 04:25 PM

G'day Ross

I am still in this one, gradually downsizing to cater for CGT on Arrow.

IGR and PNA going allright and no fleas on DTE

Cheers Nifty


 
fraz2
post Posted: Sep 13 2010, 04:27 PM
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Next couple of days will see an announcement re RSNG interest payments for 6 months ending 30 Sept and I expect a SP rise to minimise the amount of shares that will be paid in lieu. ph34r.gif



--------------------
Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 
 


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