RIV 0.00% $16.20 riversdale mining limited

rbs buy rating $11+ target

  1. 1,605 Posts.
    RBS have issued a great report on RIV ( 18th Jan)

    " We initiate coverage of RIV with a Buy rating and an A$11.06 target price. The company is developing hard-coking and thermal coal assets in Mozambique.

    While the project is not without its hurdles, if successful it should give RIV the resource base to become a globally significant coking coal producer. "


    Cheers, Skip
 
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