RES
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0.00% $4.61 resource generation limited

section 11 approval, page-2

  1. oblong123
    1,517 Posts.
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    01/04/10
    15:15
    Post #: 6526587
    nothing mentioned since the last quarterly I dont think

    The expenditure of ZAR20 million (currently approximately A$3 million) on exploration and development activities will enable the company to increase its rights in the LCJV from 49% to 65%, with a further entitlement to increase to 74%, subject to final regulatory consent. Regulatory consent has been applied for by our black economic empowerment (BEE) partners and is awaited. ZAR16.7 million has been spent to date.

    march quarterly might provide an update?
    RES Price at posting: 55.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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