We have a phantom seller at 70c who continues to come from offscreen once there are buyers at 70c.
Solid morning though.
Corker no idea about val next year but the val of $1.15 will obviously be revised once we have progressed further
ie. offtake agreement (potentially incl. an equity agreement), finance, transportation etc.
Once these milestones are reached & risk is eliminated we will obviously be re-valued above the $1.15. Will this be closer to $5 (no idea?) but that would be great!!
RES Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
