Res : Owner of Huge Proven Coal Resources.

Now that most of the infrastructures are in place to move these resources , there is no stopping Res.

Sth Africa and its neighbours are in dire need for electricity . Huge population growth .. More industry growth ..

Coal is still the cheapest energy in the African continent, India and Sth East Asia. They are all growing and still building coal fired electricity plants . It gets better still while expensive and enviromenally challenged westerm countries are closing, opening and investing less in coal mines -- less coal will be available . Demand and supply . Econ 101 .

Also many of us got into Res because Paul had made us lots of money before . Most of us bought Res from our profits before thus have thrown this into the bottom draw .


I think it will be interesting if Res gets into electricity generation as was hinted by the new guy . Your own coal to fire your electricity plants. Hopefully it will get government support because they are really in dire need for more electrcity ... Now this are some dream! But they are mine too. Ha ! DYOR