RES 0.00% $4.61 resource generation limited

good ann

  1. 29 Posts.
    In my opinion this is an excellent ann.

    It may not have had the pizazz that is required by day traders but is directed towards institutional buyers.

    They have gone straight to a measured resource which is what is required to get the big boys in and the right step forward in completing the BFS.

    "The Coal Reserve area, which includes 302 million tonnes of saleable coal,represents 43% of the total identified resource area."

    Realistically its saleable(measured) coal could be 700+ m/tonnes across the SA tenements not including their Tassie assets.

    All along Jury and management are more concerned with driving this company forward to become a producer more than looking out for the whims of day traders.

    Once the market has dissected this ann and understands it correctly the SP will find its true value and all RES holders will be very happy.

 
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Currently unlisted public company.

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