RIV 0.00% $16.20 riversdale mining limited

OK lazy people, you are going to have to start doing some...

  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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