I'm told that Southern Cross Equities have valued RIV at $20 on current resources with valuation of $40 in 2 years time. My advice is verbal and scratchy as the person I spoke to has not seen the report yet either. Don't know, for example, if the $40 depends on milestones being reached or more expected drilling results.
If anyone has access to the report, could you please fill us in on the details. I'm not sure even if it has been released to all their people??
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