Here's the perfect Plan B for PJ & RES.
Sell Boikarabelo off to the highest bidder and cut losses ... immediately!!! Retain cash on hand approx $30M. Find an emerging, private Tech company looking to list on the ASX via a RTO.
Seems to be working for the likes of POK, BRN, RYG, RAP, ZIP, NOR etc...
Lets not forget that RES were originally listed as CDS who were (if I'm not mistaken) a tech stock.
I0T is fast becoming big business, tipped to be a $1 Trillion industry by 2020. Yes, that's TRILLION folks. Forget coal RES ... the mining boom is OVER. Re-listing RES as a tech stock would be the best and most immediately successful outcome for shareholders.
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