Calm down and pull back a bit. Breath and stop playing smart a second and think about what Aussie is trying to tell u:
80.000.000 shares on issue if T/O at 2$ = 160 mil Now 160 mil divided by 1.000 mil t of coal = 0.16$
Would u sell your tonne of coal in ground at 16 cents??????!!!!!!!!!!!! How much is the tonne of coal at atm?
now imagine RES raise capital up to 160.000.000 shares AND don't Jorc any more coal (we only have 1.000 M t)...Is the T of coal in ground worth 32 cents still????????????????
Just think before u jump on your guns Super hero!
RES Price at posting:
58.3¢ Sentiment: Hold Disclosure: Held
