Resources Prima

Roller-coaster ride so far and good for traders. 13.4 cents. Could it be because its value story has not reached enough anchor investors?

Results next week! CIMB already hint hint about good news ahead :
brokingrfs.cimb.com/Cj0Fwe_PSRqYSRLeMfpV...OddggJw8ptdHL_U1.pdf

Dear all, Chart alert: Resources Prima Group’s potential chart break out

Resources Prima Group ("RPG") was actively traded with total volume done 17.8m shares last Fri. This was the highest volume last seen on 15 Apr 2015 which was the recent peak. It closed +0.004 to 0.135 on Friday. Day range was 0.130 - 0.136.

RPG seems to be in a flag formation for a month. At $0.135, it seems to have breached the flag formation with an upside breakout.

Read more at www.ernestlim15.blogspot.sg/2015/05/char...prima-potential.html

CFO John Watson @ Resources Prima briefing last Thurs. The company had a net profit of US$5.8 m in 4QFY15 (ended March 2015) and a positive outlook.

Look out for our report in a day or 2.

A remarkable transformation from obscure to blockbuster coal player -- Resources Prima is my bet for a good return this year. In the next couple of weeks, or as early as this week (who knows?), the company could get its 2nd permit to mine the larger section of its coal concession.

Selling for 12.5 cents per shr now.