RES 0.00% $4.61 resource generation limited

Hey Fancy. Haven't seen him for a while. Will ask. He's still...

  1. 1,203 Posts.
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    Hey Fancy. Haven't seen him for a while. Will ask. He's still holding a truckload. Maybe he can come to the AGM and do a piece of expressive dance to summarise our collective views - although bending someone over for a jolly good reaming is probably not the best of modern corporate governance.

    So this is really D Day for RES. Sometime around Nov we should know if we have a serious shot at alternative finance. Without some tangible signs of credit approval etc then it's the end of the road. Some have submitted credit already, some are about to.

    The Eskom situation was a problem for the previous club. This one is apparently prepared to assume that Eskom needs the coal so will eventually agree offtake. Seems logical to me. Clearly Eskom is a complete disgrace and run by crooks. So the recent cleanout and the Gupta stuff might help us.

    I don't have enough adjectives to express my frustration at this one but who knows - it may still come good......
 
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