riv is on every ones radar who is serious in the mining and steel industry. Its clearly the largest coal play going around at the moment. I think we should remember that this major result is based on only partial drilling of this lease. Its going to a lot larger still. A recent report also stated that RIV has coal on at least 3 other leases. I am sure we might start to see a more serious re rating when the OS funds wake up, press work it out and the larger brokers revise their figures upwards, dyor.
RIV Price at posting:
$9.38 Sentiment: Buy Disclosure: Held
