Hi FP I'm a long time listener first time poster on this and yes a very long suffering shareholder unfortunately. I reckon you're right that today's announcement means financing is on the way. That doesn't mean imminent - it could still take 3-6 months (for feck's sake no longer than that please!) but I can't see how we don't end up finance after the detail released today. There are big South African instos mentioned in there and we all know they need the coal, simple as that. Read a bit like a "name and shame" really!
Does anyone (philip123 maybe) have any guess as to what RES might be worth in the scenario of current to slightly better coal prices, stage 2 production levels and with all the debt paid off? It's gotta be $1 plus right?? Christ I hope so after the years of torture I've already endured plus plenty more years til they get anywhere near that stage!
Rant over!
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