The real problem we have as shareholders is that riversdale is a $20 stock within the next 2 years but its likely to be taken out before we see it. This is because we are bound to get taken over with this sort of mega asset in this coal climate. Riversdale does not look like lasting long enough to see its full potential. Its a multi billion tonne coal play, so if anyone attempts to buy the company..they will need to pay a lot more than the current price to stand a chance. dyor.
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mittal may bid for riversdale.., page-4
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