RES resource generation limited

Hi Christem. I had a chat with management re the Exarro thing a...

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    Hi Christem. I had a chat with management re the Exarro thing a while back and am now very relaxed about it. I see today's announcement very positively. In fact the last 24 hours has been reassuring for a variety of reasons. I'm particularly pleased they're taking the chance to increase reserves for an obviously modest amount. It's forward-thinking and suggests to me that there's no panic re the current slump in coal prices and the share price. Coal won't be in the toilet forever and nor will the share price. Having said all that I'm sitting on a monumental paper loss at the moment so even a modest increase to the latter would be welcome.
 
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