RES resource generation limited

Article on coal market in SA

  1. 1,352 Posts.
    lightbulb Created with Sketch. 161
    I found this article interesting:

    http://www.engineeringnews.co.za/pr...as-eskom-approaches-supply-cliff-2014-06-06-1

    Have a read and let me know your thoughts?

    Also, I was thinking, why are our top 20 shareholders not accumulating on market like many of us are at the current prices? Their average prices would be well north of current levels., Even if they could not buy material volumes on market, it would at least send a strong message to the market if top 2o (incl directors) were seen accumulating on market. It would also remove the "mum and dad" shares floating around.

    Any thoughts?

    Also, this new HC website may need some work... I just prepared a new post on my iphone only for the webpage to reset just before I clicked submit. VERY annoying.

    Cheers.
 
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