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clock Created with Sketch. 01/09/16
21:28
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Originally posted by Megagene79
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Have taken a position here over the past few weeks as a possible turnaround play. With 2.5 bill shares on issue at first glance might be daunting but top 20 hold 94% so not much free stock out there. Number 1 holder Taurus fund hold 87% of stock so any turn around here will see a tightly held register possibly enjoy upside. They are looking at investment opportunities that will lead to near term cash flow. Currently seeking local power partners in domestic power station development opportunities in Central Kalimantan Indonesia. The company sees a possible big opportunity Indonesia's local hunger for additional domestic coal supply with an expected doubling of power supply needed in Indonesia by 2025. RRP may be in the right place at the right time here with 35GW and a US$80 bill investment required plus the need for 75MT of domestic coal supply needed per year. RRP's 89Mt JORC resource (29Mt reserve) could come into play here.
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Wow mega i wish i had seen this post of yours less then two weeks ago. How do you continue picking these huge gaining stocks.
