RES 0.00% $4.61 resource generation limited

Good to see you guys are being realistic. One has to be honest...

  1. 184 Posts.
    Good to see you guys are being realistic. One has to be honest with oneself. Getting too excited day-to-day (or in this case year-to-year) can be counter productive. I guess we have seen what can happen in a better environment (when the stock ran to $1.00), but the market is the market, and no amount of whingeing about bots, rampers, cappers etc. etc. will change the share price.

    This company has the potential to be a significant coal mine in 2016 and for 100 years beyond, but until they put their first shovel in the ground and start making a profit the stock will be driven by fear and greed...of which there is more and more fear.

    I am holding and confident in the long term prospects, but we have a debt and, more importantly, equity raising to face in the next six months.

    All the best and great to see the banter and RES support group helping each other out!

    Merry Christmas to all if I don't post again this year.

    Cheers.
 
watchlist Created with Sketch. Add RES (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.