I think once transnet sign the contract, we will see $1.50. Leading up to actual mining we will see the sp continually rise to the vicinity of $4.00. Once income is produced thereafter, we will see steady increases to the SP. I've seen this all before and for once I'm in at ground level, just waiting. I wouldn't be suprised if transnet sign in the next few months either.
I'm buying more. Be patient, the Jury will be out soon. Paul is the master. If this fails, I'll be buying a life jacket....I honestly can't this this failing as every box has been ticked apart from a few that should happen soon.
Energy is the future. We all need it and coal will be here for many, many years to come, even with that stupid fool that runs our country.
RES Price at posting:
31.5¢ Sentiment: ST Buy Disclosure: Held
