There's no doubt in my mind that there are continual efforts to keep bringing the price down. Every time a buyer steps us, the lower seller bid comes in to drive down and easily done on small volume. No one winning at these prices so not sure who is trickling these sales through. Surely the Noble re-structure approval outcome can only add weight to our further mitigants being provided. A strong thermal coal price, local power shortage, the timing could not be better justified so Management need to put some runs on the board as we have all been very patient since their adoption 30+months ago. GL LT's
RES Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
