Spot on. Clock is ticking and as it goes on longer the opportunity for the funder to get better terms increases. There will get a point though where RES just has to do a deal and that deal may not be the best for shareholders.
Problem is though it's getting tougher and tougher in the coal space, all being smashed today. Coal prices off again and on top of that coal miners being shot at in South Africa. All up does not make it easy for finance.
Good luck
RES Price at posting:
26.5¢ Sentiment: ST Sell Disclosure: Not Held