Yes, Billy...Just reading the (crappy) business section in the...

Yes, Billy...

Just reading the (crappy) business section in the SMH.." Yanzhou sets sights on more acquisitions.."


..."......Chinese imports of thermal and coking coal last year were estimated to have increased by 115 % ans 385 % respectively."

RIV going on a major run in 2010. Quality coking coal resources are being taken out every week. RIV id Hugely undervalued for the size of their resource. The only thing missing is the transport logistics, and these are being taken care of.

I would love to see a Chinese steel group on the register, just to complete the circle. China have been shutting down their coal mines; imports will continue to increase.


Cheers, Skip