RIV 0.00% $16.20 riversdale mining limited

I think there are a few things in favor of RIV atm.Demand for...

  1. 795 Posts.
    I think there are a few things in favor of RIV atm.
  2. Demand for coal getting great coverage
  3. RIV has stated that it is looking for a JV partner for another potential 5billion tn project around the airport
  4. This JV may include swap for FE with early cash flow to tie over until the coal is flowing?
  5. TO talk still including RIV in the possible mix
  6. India supply concerns also getting a regular mention in the press
  7. Barging news on the horizon, OMG if that is positive.

    The chart has penciled in a double top which needs to be broken to give confidence. Should know in the very short term if this is to be the case.

    RIV double top nov 10
 
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