It is hard to tell, since the share price is valued by its future projects. RIV's current annual coal product is less than 1MT is South Africa.
Glad to see US Passport Capital increases the holdings on RIV to 25.44M shares in today's ASX annoncement, even though Merrill Lynch sells recently.
Passport Capital is a very successful funding in US, and its portfolio was up more than 200% in 2007.
