OK lazy people, you are going to have to start doing some reading now:
Check this out: Churchill Mining in Indonesia....This is a very interesting interview. Please pay attention to the following:
1. Haulage - Barge and Rail 2. Bulk commodity valuing techniques 3. Low strip ratios 3.5:1 4. Long Mine life
All these points relate to the RIV deposits. Note, that RIV is goind to be 3 times the size of Churchill. And most of the deposit is met coal that 2 x the price of thermal coal.
946 will not be a company maker; it will be a market changer.
Cheers, Skip
RIV Price at posting:
$5.74 Sentiment: Buy Disclosure: Held