RES resource generation limited

Ann: Mining Rights Application Lodged , page-27

  1. 1,352 Posts.
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    Great post robbo.

    I agree with all your comments (announcements being accurate & sticking to timetable etc).

    Each time we reach a milestone we take an element of risk off the table. I managed to accumulate some more last week at 39 but my funds are now seriously depleted! I have invested so much in RES now it's ridiculous. I must be getting close to the top 20 list! :)

    I agree with all the positives & see huge potential but my stomach is not 100% settled as the current underperfoming share price (while it does present great buying opportunities) it also raises concerns why the market is pricing RES at such a significant discount.

    There is something people don't like about RES & I'm not sure what it is. My initial thoughts are that we are several years away from production (which means no cash flow for some time).

    Or perhaps there is a concern re securing an offtake agreement - if this is the case, this year could make or break RES! Hopefully MAKE or I am seriously screwed!!

    Cheers all.
 
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