Its not going anywhere quickly imo, but long term it is going to be a very valuable stock. keeps ticking the boxes and the management are first class with lots of experience.
since Feb‟10 JSE listing MRA 2ndS11 approval Additional exploration Transport options Coal offtake Funding plan
Not to mention a very low mining cost and a defined 6 Billion tonne resource
very good long term value but it will stick around here for a while I would think. Prediction 64 cents 1st January 2011
Please dont take my rants as anything other than entertainment.
RES Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held