RIV
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0.00% $16.20 riversdale mining limited

mitis,Short answer; yes, given there is not confirmation on...

  1. Skipperx
    1,605 Posts.
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    09/11/10
    13:17
    Post #: 7448704
    mitis,

    Short answer; yes, given there is not confirmation on barging or other logistics for getting the billions of tonnes of coking coal to market.

    If these hurdles are overcome, you will be looking well north of $25 - 30.

    A takeover price would be anyone's guess. Still a lot of scenarios to play out on this front.

    Cheers, Skip
    RIV Price at posting: $12.56 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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