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$4.61 resource generation limited

Ann: Funding update, page-12

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phillip321

1,203 Posts.

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26/02/15

16:56

Post #: 14824700
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Originally posted by fancypants ↑

I think reading between the lines this announcement is saying, buy up, cause finance is imminent. PJ has too much invested in this for it to turn to sheet. Momentum at the moment is like watching the grass grow. Shame we aren't selling grass. I do believe once finance is sorted, we will have a very fast run towards $0.40. The coal is pre sold, the mine site is getting close, equipment is sorted, we just need someone with a decent cheque book to get this roaring. There is definately light at the end of the tunnel and buying now could potentially give you a serious return. Drop $200,000 into this now, wait a few years and I believe it would be worth $1.6mill with a share price of $0.72 . On the flip side, you may have your investment worth zip.

Being the betting man I am, I'd go for the punt. My cash supply has been drained by this god forsaken stock. I would prefer to use other words, but I would be banned for a month.

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FP. The test will be if the fund still selling it down of late finally stops. Funnily enough I have been thinking of doubling down but no longer have the balls. My wife has them in a little Perspex box on the mantelpiece and whenever I mention buying some more she goes over to it and rattles it.......

RES Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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