An alternative funding proposal (without requiring a CSA with Eskom) should've been investigated earlier imo... but at least it finally did.. and just as well - since the boards pursuance of the "debt club" has unfortunately come to zilch..!!
By the sounds of things... negotiations have progressed well.. and look forward to hearing who they are and that they have finally signed off on a finance facility for Resgen.
Sure a few more weeks isn't the end of the world.. but unfortunately this management hasn't got any credibility left...
Having said that.. I'm definitely not selling at these prices... SO i must believe that management will finally deliver..
Where to from here?, page-6
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