I will wait to call until after the meeting to call im still worried about a few things.
Access to funding, coal offtake agreements, timetables ect.
Sure hes put in 2 million but now wants it back with 30 million free shares!! So hes not losing plus hes on 400k a year it think. I thought that the original option package was still ok as the wernt due till late 2010,so if he couldnt get the SP up to 20cents by then well theres a problem somewhere
Did he have any plans for after the consolidation because like you i dont like them as the share price tends to drift down without any news. I do favour this stock over all the other coalers in the area because of Paul Jury and what he brings to the company.
This is definitely a long term play and lots of things have to go right, i hope they do. Heres to a better 2009. AP
RES Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
