RES resource generation limited

Ok I will go against the trend and agree with you that the price...

  1. 707 Posts.
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    Ok I will go against the trend and agree with you that the price movement has been a little underwhelming - particularly the lack of buying depth however that is a RES thing which adds to the frustration that we have to live with. Management are not good at selling RES - perhaps they are doing what most Boards should be doing and concentrating on their business at hand - if they are successful the SP will look after itself.
    Everything else you have written is ill informed, inaccurate and ill conceived. Back it up with some analysis please.
    IF RES management can line up all the approvals required (which actually is gaining traction) then RES is the cheapest valued coal developer in the world by a long margin - an anomoly given the scope and scaleability of their project.
    Coal is dead ??? -I heard the same predictions from the worlds leading politicians about Uranium 1 year ago - they are wrong already.
 
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