A few things to occur between now and year end moreso. Recent Sydney preso re-confirms ; - Coal Offtake - Transport - Infrastructure
as the main targets to complete by year end.
Section 11 for Ledjadja should come also between now and year end (W1 already achieved) and also with resource upgrades and BFS. Offtake is the initial key, then reasonable terms of funding b middle of next year.
I am just glad RES has enough funds to go thru to middle next year (as Crisis confirmed from Syd preso) as the markets are a write off for the rest of this year imo.
RES Price at posting:
46.0¢ Sentiment: LT Buy Disclosure: Held