your post seems well researched. The company should be able to do plenty more deals. I think it was a great deal. We could also expect other brokers to start covering this now. Riversdale is now an international coal player.
We are getting the RAC colliery, ZAC colliery [20 years mine life], the new coal extensions, drilling rigs, 14 other leases in Mozambique all for nothing. Might be a little cheap down here. Funds will have a go again.Wish the market was better for this style of news. This is a major deal and will get coverage in the local news papers next week. It also makes us a target. CVRD cant move as quick as RIV as is evident with the power station deal and Tata steel deal. good luck.
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