RIV 0.00% $16.20 riversdale mining limited

the rail line is due to be completed by 2H 2009. The port is...

  1. 5,609 Posts.
    the rail line is due to be completed by 2H 2009. The port is being done now with the govt spending $500m on its refurbishment. The barging operation is also getting closer. i think riv will announce some contracts in due course to get the mine running by 2010. CVRD will also bring on their mine site around the same time from what i recall. If you read the presentations, you can see where all that is at the moment. we were lucky that a rail system and port were already there even though they need repairs. i think some of the emerging iron ore miners in WA have bigger infrastructure problems at the moment. RIV also has a major airport that can land jumbo's that belongs to the town. riv reminds me of the formative days of Fortescue when everything really started to come together.dyor.

    Check this out on page 22.

    http://www.asx.com.au/asxpdf/20090317/pdf/31gmxsm123n90x.pdf
 
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