RES resource generation limited

Wind in the RES sail..., page-8

  1. 844 Posts.
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    Highest volume in years with a decent price increase. This will be on radars Monday morning.

    Finance approval is imminent which should see a re-rate to about 22 cents which is the last CR price.

    Even at 22 cents the MC is tiny for A coal play with a strong domestic demand and off take agreements already in place.

    RES is one of the few stocks that Nobel held onto after its massive wright down. They know there is money to be made here. Next week should see more of the same.
 
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