RES 0.00% $4.61 resource generation limited

Owner versus contract miner model

  1. 1,352 Posts.
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    I found this article very interesting.

    https://ujdigispace.uj.ac.za/bitstream/handle/10210/13154/S.M. Rupprecht_2014 Paper.pdf?sequence=1

    There are obviously pros and cons to both scenarios.

    Pitman what are your thoughts? Or has anyone else had any experience with contact mining models?

    At the end of the day, if it means continuing the project, it must be better than mothballing Boikarabelo.

    I don't see this as the end for RES, just an alternate route. I wonder what we would do with our mobile fleet funding we already have lined up (which is contingent on approval of remainder of debt). Shame to let this great deal pass. PJ did very well with this negotiation.

    Sit and hold is all we can do at this stage, it's definitely not over.
 
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