RES 0.00% $4.61 resource generation limited

That is right mate, and if they do not get it right this time,...

  1. 2,328 Posts.
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    That is right mate, and if they do not get it right this time, it is something us shareholders are working on as well. Our right of claim, as a creditor due to proof of debt, would go a long way in providing us the asset.

    We can attempt to fund the project using someone like GEM. They have niche products that would suit us, or if we lose interest in the longer play, we can flip.

    In the past our board did not provide alternative plans in the event there was a mishap such as the IDC fiasco. So this time round, we as shareholders get an opportunity to be the plan C or D.

    To be clear, I am not for a minute suggesting we will compete with parties currently in the room, but should they mess up, then it is time for us to ensure this project goes ahead.

    As per your comment, it is WAY too good an opportunity at this stage -13 years of planning complete for the party coming in!!! It is a walk in and make $500M a year business.


    Last edited by Birchcorp: 01/09/21
 
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