Its been an interesting past week seeing the price head to levels we never thought we'd see again.
I can only assume this is part of the greater picture that PJ will role out before 13th December.
There is not much more the market needs to know about RES.
The resource is there, the markets are there and we are headed by managment that aren't newcomers.
Just one more box ticked and the rest should fall into place. And that 12month wait is almost up.
My pick is we will head to around 42c before the 3rd December, the big announcement will come stating Approval is granted, price will return to 70c level and all current holders will pick up their 15k at 50c. We will all say how great PJ is and maybe send him some chocalates. Just wonder how long till we assume to position again!!
JS
RES Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held