The more I read about Riversdale and coking coal in Mozambique...

The more I read about Riversdale and coking coal in Mozambique the more I like it.

These are a few quotes of what Ken Talbot (RIP) had to say in the above interview...

"Basically, the world is short of hard coking coal and I think that is the most sought-after commodity in the world,"

...

"India will be a huge consumer of coking coal and that is where Mozambique comes in. Mozambique is half the sailing distance to India compared with the travel time from Australia."

...

"India wants to increase its power by 151 gigawatts by 2017. Australia holds about 50 gigawatts of power capacity so they want to install three Australias in the next seven years and the bulk of that will be done from coking coal,"