Misfits, a previous post of mine before this announcement.
RES management have stated that funding will happen in January. I can't see them stating this a few times when it won't happen. Not many trading days left before the inevitable. Happy new year mate. We should get a nice start to 2013.
Banks will be keen to lend quickly as PJ and his team would have several other opportunities for funding. Banks will make money out of it.
Seems straight forward to me.
RES Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held