Be mindful that the rise we have seen in the last week has been achived on relatively low volume. When news such as off take comes (and I think it will) it will put a massive rocket under the SP. For those that have been here a while, you will all know that when it returned from its high of $4.90 (pre consol)right back to 0.18 it was all on relatively low volume also.
This is s tightly held stock for which the foundations have been laid to establish as a major player in the coal game. Resource (already quite massive) has aparent potential to be icreased by multiples and is shallow, allowing for cheap easy mining. Our fearless leaders have not yet lead us astray.. every box that was to be ticked has been according to time lines and as we strengthen this will continue to happen. Only now we are not purely speculative - announcements in the near future will continue to bring RES to fruition.
Good luck everyone, time to let our high flying execs do their thing...
Leeeroy
RES Price at posting:
69.0¢ Sentiment: Buy Disclosure: Held