RIV riversdale mining limited
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13 billion tonnes coal

  1. banksy88
    1,858 Posts.
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    10/12/10
    00:18
    Post #: 7592805
    Why is riv only valued 3.8 billion?

    With such a large resource wouldn't it be more?

    Is transport an issue?

    There are other coal plays getting more $$ for their coal in ground/market cap.

    Thanks 4 any thoughts.
    RIV Price at posting: $16.22 Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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