RIV 0.00% $16.20 riversdale mining limited

coking coal.one of the worlds largest deposits

  1. 5,609 Posts.
    riversdale could have an operating mine by 2010 producing million of tonnes of coking coal pa. their expected resource upgrade could be enormous. i believe this is stacking up to one of the biggest coal mines in the world and the company has stated just that on a number of occasions. riversdale could have a number of mines operating here since all this resource has been found on just 1 lease out of 17 leases. they got the AQA leases to drill yet and the company did not take them on for their health. this is a $20 on its ear at some point. nice to know they have over $300m in cash and TATTA steel as a partner.dyor.
 
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Currently unlisted public company.

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