RES 0.00% $4.61 resource generation limited

Ann: AGM & Exclusive dealings, page-23

  1. 2,607 Posts.
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    The issue is trust, when contractors such as Stefanutti are owned by the executive of Eskom, they can stall and stop progress no matter who buys.

    Basically this was done to RES to produce a good outcome for Lurco. At any stage, they can stop progress by denying a CP. History proves this.

    If they wanted progress, they could have started small scale, and progressed, but they wanted to south Africanise this project-that has become blatantly obvious.

    Ie it’s not a matter of finding a buyer, but one that is in bed with Eskom, IDC, PIC, Noble, Sedgemen, and Stefanutti.

    When you dive into this, you see that Lurco, has these connections… call it corrupt, whilst they will pretend it is convenience.
    Last edited by Birchcorp: 10/12/21
 
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