RIV riversdale mining limited

235m placement at 9.30 in the bag..

  1. 5,609 Posts.
    How is that..$235m placement near the top of the stock price curve in a declining market. Amazing quality management comes through once again. This shows that the project is awesome. The money will be used for the development of the mine for production due in 2010 of hard coking and thermal coal. Any short term sell down will be swoooped up imo.All the money went to major international investment funds. dyor.
 
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Currently unlisted public company.

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