RES 0.00% $4.61 resource generation limited

investors waiting for funding, page-9

  1. drs
    1,110 Posts.
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    RES is currently valued at approx $80mill.
    Unfortunately its better value for a JV company to buy RES rather than JV it.
    IMO expect a takeover offer before we even get the chance to raise equity as pre-equity raising would be the time to pounce.
    FYI - I hope this does not happen. The thought of selling out at something like 40-50c is disappointing.
 
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