RES 0.00% $4.61 resource generation limited

Hi fancy,Glad you've got on board. I think there will be quite a...

  1. 1,352 Posts.
    lightbulb Created with Sketch. 161
    Hi fancy,

    Glad you've got on board. I think there will be quite a few newbies coming on here within a few months once we've received approvals.

    People tend to lose interest in RES when there's lack of newsflow, a lot of us on here have been holding for many years now!

    I would say your source is pretty accurate, Transnet deal will no doubt be signed within the next few months, 6 weeks may be ambitious given xmas break etc but pretty sure we'll see something by Jan.

    Qtrly also stated NEMA will be early next year so I'd say Jan also, once these are secured along with water and Eskom offtake THEN funding will be secured.

    Funding cant take place until AFTER these are secured.

    If you're happy to hold for 6 months I'm pretty confident you'll see some significant growth, I'm taking a punt they will come off a little over the next few weeks given we've just run 30% in the past WEEK & next approvals are a few months away.

    Good luck & enjoy the ride on the RES Express :)

    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.