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?
RES Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held