Cash-strapped ResGen facing administration

DUAL-listed Resource Generation looks set to become the latest coal company to hit the wall.

Cash-strapped ResGen facing administration Cash-strapped ResGen facing administration Cash-strapped ResGen facing administration Cash-strapped ResGen facing administration Cash-strapped ResGen facing administration

ResGen looks like being on the fast track to ruin

The cash-strapped junior, which is listed on the Australian and Johannesburg stock exchanges, is almost out of cash and considering administration, after losing the backing of Noble Resources