RES resource generation limited

good article in today's afr (taken from brw), page-11

  1. 277 Posts.
    Geez Taipan you're not an optimist are you?? haha

    Jokes aside though it would be a shame to let another 25% go for just $100M

    And with thermal bay from RBCT currently at ~$85/t the margins ain't what they used to be. The debt providers are most likely running $60/t downside pricing scenarios which wont look pretty!!

    I always keep the BTU.AX case study in back of mind. From 8c to $1.20ish as they got funding, offtake and company promotion activities cranking. And look they still having environ issues 2 yrs later! RES has gone about this the RIGHT way.

    Anyways see you all at $1 - haha bet the CDS guys heard that before!!
 
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