RIV 0.00% $16.20 riversdale mining limited

coal on the move.....riv to pop, page-2

  1. 1,605 Posts.
    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
 
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