RIV 0.00% $16.20 riversdale mining limited

bulk commodities will still shine.., page-16

  1. 5,609 Posts.
    i heard a similar thing. some analyst can talk about power problems and infrastructure all they like. All mining companies have the same issues. riversdale has TATA steel and $330m in the bank to address the mining plan to come. its a buying opportunity for some as it will become one of the worlds largest coal companies down the track. its amazing how short sighted some of these number crunches are. this is an open cut mine for a starter and most of the power problems are to do with SA and under ground mines. I will buy this sell off at some stage before someone big takes it over. dyor.
 
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