RES resource generation limited

finance update

  1. 5,707 Posts.
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    This bit of the latest ann gives me some renewed hope.

    ‘Offers of project finance would confirm banks’ confidence in Boikarabelo’s cash flow and, assuming completion would support a substantial increase in Resource Generation’s enterprise value. This value would then determine the price at which equity is raised for the balance of the stage 1 capital development'

    So does this meanequity will be raised at much higher prices than the current is s/p is?
 
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