Shaws research 22/3/10 values RES at $4.04 DCF with a 75% risk discount to a 12 month target of $1.15. Previous target of 80c has been increased due to progress of the project.
Rated a buy with a speculative nature with the likelyhood of share price appreiation assuming completion of key milestones.
Research report is in PDF format so I cant copy and paste so will talk to the source about getting in a format that can be shared.
RES Price at posting:
54.0¢ Sentiment: LT Buy Disclosure: Held