RIV 0.00% $16.20 riversdale mining limited

If they plan to produce 20million tons per year and the profit...

  1. 3,822 Posts.
    If they plan to produce 20million tons per year and the profit margin for coking coal is around $100 as I am lead to believe. That would give RIV 2billion profit with 235 million shares on issue $8.50 earnings per share with pe ratio of 16 a share price of $135.

    Why would you sell out now.
 
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