RIV
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0.00% $16.20 riversdale mining limited

$135 share price target in full production

  1. david25
    5,263 Posts.
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    05/01/11
    00:43
    Post #: 7687330
    If they plan to produce 20million tons per year and the profit margin for coking coal is around $100 as I am lead to believe. That would give RIV 2billion profit with 235 million shares on issue $8.50 earnings per share with pe ratio of 16 a share price of $135.

    Why would you sell out now.
    RIV Price at posting: $17.00 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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