Crisis, crisis, we are in South Africa, they can't organise power using coal let alone use tesla technology which has been around for a very long time. Google nicolai Tesla or tesla corp and be very surprised what they can do. At the end of the day this mine has a 25 year life. The financing is an issue but patience is all that is required as the Ducks will line up and then you can watch the sp climb to $6 in the next 25 years and your grandchildren will reap the benefits of your investment lol
These guys know what they doing and the time frame may not be we want, just Like the share price but it will sort itself out and once we have production all is good. Low cost mine with agreements upfront and Eskom hopeless, the future is bright. To much emphasis on the sp as unless you actually start producing, in reality it is worth nothing. It has 25 years mining to go
"Apparently " lol
Beat of luck to everybody
- Forums
- ASX - By Stock
- RES
- Energy adviser slams Eskom
Energy adviser slams Eskom, page-19
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RES (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online