AjaxI am sure we will be seeing alot of articles on RIV in the...

Ajax
I am sure we will be seeing alot of articles on RIV in the coming years.
What I am surprised about is the ASX have reported 48% of sales in RIV yesterday were shorts. If the SP creeps up some more there will be some serious covering.
That 48% equates to 629,252 shares....

I am scratching to find enough for my allocation... aint going to find it Doh!

I love the graphic on page 5 of the latest presentation.
It shows Mozambique has the second largest coal deposit in the world behind Australia. How many countries would love to break the domination of Aust on coal and Fe?
Well here is a chance, its deposit is still a long way of being drilled out. Rivs acreage is ok :)

The other added emphasis in the presentation which hasnt been there before is the slide on the Zambezie page 23. There are some choice words there.

"The Zambezie river will become a new economic highway for Mozambique" ... "as it was in the past"..

I wonder if the government knows this stated fact?. Or in fact the Environmental impact study is aware of its outcome...lol....

I have had the opinion that it is just too big a deposit for a country such as this to ignore.
I am glad we have a few companies holding strategic stakes as this would make a T/O a little more difficult.