RIV 0.00% $16.20 riversdale mining limited

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  1. 5,363 Posts.
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    That comment is not correct.

    7.00pm on Tuesday 20 July is the record date/time.

    If you buy on Monday you will not be holding stock by the record date/time.

    Diggers and Drillers comment thsi evening on Riversdale is interesting.Dr. Cowie makes the point that Benga may be producing at full capacity (20mtpa) by 2013 (2 years earlier than previously envisaged).

    Also that despite the capitla raising/entitlement issue being somewhat dilutionary the stock should be rerated next week.

    Certainly Riversdale is now becoming "a monster" (in the words of AFR)-with the Zambeze project and WISCO's non-binding memorandum of understanding to contribute 40% of costs, Benga project stages 1 on track and stage 2 and 3 now very likely and the Tete project (the third project) now having funding for exploration.
 
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