Unfortunately just like Bob Dylan song, The Times They Are A-Changin, Coal is unloved at the moment, can we see a rebound in the price of coal any time soon?........Is the question that is on my mind, the price of coal at current price, IMO, is keeping the banks away I believe. If say, the price of coal stays at or around the current price, do you think banks will finance RES?......Could we see someone like Mick Davis new company X2, just waiting for things too fall his way, if banks don't finance companies like RES?
What about the 65 million infrastructure loan from Noble Group, which has to be payed back by the 31st of March next year, the company was hoping to be in production NOW, and generating cash flow to pay back the loan.......What of this now???
Also, what of the problems in SA, Pitman, could you let us know, just what the ducking is going on over in SA please, do you think that RES can get finance this year???
Alternate funding solutions.....FP, do you have any money laying around?
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