Hi sour,I also bought a heap at 40c but unlike you I will...

Hi sour,

I also bought a heap at 40c but unlike you I will definitely be buying more as soon as I have more funds.

There are 2 major catalysts to come:

- Offtake with Eskom (anyday - hence the recent interest)
- MRA (expect June/July)

Both will be significant.

Once we have MRA I expect new players to enter (as RES will be de-risked) and I expect a new research report and re-rating of RES.

Remember all the research reports have a price target which has been HEAVILY discounted to reflect the current level of risk (mainly MRA). Once we have secured MRA we will be re-rated UPWARDS.

I should be down ramping tho considering I want to buy more.

RES is a dog don't buy it!!