getting these projects into production, from a technical point of view are relatively easy, shallow overburden, thick coal, easy access to grid power.
The main issue is getting the markets and the transport to the markets. Not insurmountable but needs commitment from the in country management. With this government you need to keep yourself on all the radar screens.
Does the management want to devlop a mine or do they want to add value and move on? Another AGM question.
RES Price at posting:
55.0¢ Sentiment: None Disclosure: Not Held