RIV 0.00% $16.20 riversdale mining limited

If they plan to produce 20million tons per year and the profit...

  1. 5,283 Posts.
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    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.
 
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Currently unlisted public company.

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