RIV 0.00% $16.20 riversdale mining limited

bhp to invest in coking coal, page-6

  1. 795 Posts.
    I find it humorous to think that RIV bought ZAC off BHP in 94-95 and today we talk about them buying us. ZAC is not the jewel in the crown but still funny.
    I would like to see more proven resource drilled b4 a talk of a take over.

    Quote from RIV report
    'Initial findings in EL 946L are very
    encouraging, confirming the continuation
    of the same sequence of coal seams
    encountered in Benga, but over a much
    larger area.'

    We already have 4 Bil tns of coal. If EL 946L is as good then RIV is a monster.
 
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