As we all sit and wait I thought I would ramble some ….1 - Post...

As we all sit and wait I thought I would ramble some ….

1 - Post cap raise RES will be catapulted into the ASX200 – this will give it more visibility and even index funds must buy the stock

2 – Assuming the SP is 50c at cap raise and 600m shares are issued the mkt cap will be $425m. To think this will be a 10x bagger after CR unfort is fanciful. This implies a $4+bn mkt cap

3 – macro environment is improving which means better thermal coal prices. The leverage RES has to the RBCT price is very high. +/- US$10 per tonne moves NPV by a significant amount. Do the maths or check broker sensitivity analysis if you don’t believe me

I think $1 SP until production starts is best we can hope for. Feel free to shoot me down on any of the above or comment further

GLTA