RIV 0.00% $16.20 riversdale mining limited

indian majors bidding for $1 billion coal!

  1. 1,622 Posts.
    lightbulb Created with Sketch. 35
    Saw a news Indian news sites ET and Business standard yesterday that Reliance and Adani among other 30 companies around the globe are putting final bids for coal assets worth $1 billion . The company name wasn't mentioned but the clue was that the coy has/proposed 500 mw power plant.

    RIV is doing so in Africa per their recent presentation.

    link:
    http://www.business-standard.com/results/news/rpower-adani-gmr-to-bid-for-1-bn-mine/408116/
 
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