RIV 0.00% $16.20 riversdale mining limited

$135 share price target in full production, page-5

  1. 795 Posts.
    Mitis

    I share the disappointment
    The fat lady will be singing in a month and I too hope we get another bid.
    I was happy to hold for another 5 + years.
    Having said that RIOs offer and the directors acceptance has put RIV on the table... If the directors said no one may not see the SP as it is now.
    This has forced others to do the calcs now and make their final decision.

    Indian Consortium talk of taking stake as opposed to TO and TATE interested in the coal not control has put a damper on my spirits.

    I am crossing fingers for an out of the blue bid.
    This really is one of the biggest coal deposit on the planet, has plenty of room for more proven resource and in an area fast becoming a challenge to Australia's strangle hold. One has seen bidding wars on lesser deposits over the years

    Go Anglo, Vale or why not Wuhan, Korea or Japan?

    anyone... anyone.....



 
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