RES 0.00% 6.4¢ resource generation limited

Ann: Market Update - 10 May 2018, page-8

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  1. 542 Posts.
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    This is going to hinge on the Noble restructure.

    If Noble gets wrapped up then we are in real trouble. No ongoing funding and no money to ramp up to production.

    Nobel is currently in court as Goldilocks who are one Noble's big creditors don't like the debt for equity deal Noble have proposed.

    80% of the creditors have accepted the deal so its probably going to happen, but it could be in court for some time while Goldilocks tries to get a better deal.
 
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