from the announcement " The credit approvals received from Resource Generation’s mandated debt financiers include commercial conditions which are unacceptable to the company. Negotiations on these conditions are continuing; meanwhile, parallel discussions are at an advanced stage with existing and potential customers which have expressed interest in providing equity funding to enable major construction to begin. "
Parallel discussions are at an advanced stage… Must have been getting sick of waiting for the banks, sounds promising
RES Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held