RIV 0.00% $16.20 riversdale mining limited

RIV just hitted a new year low at $3.04, MC around $570M.RIV...

  1. 1,015 Posts.
    RIV just hitted a new year low at $3.04, MC around $570M.

    RIV holds $345M cash, annual profit from South Africa coal is $9.1M, accounts for $90M of MC, and the rest of Mozambique project is just valued by $140M, which RIV holds 65% of 2.1BT coal resource in just 2% exploration area.

    Never see a market so crazy, maybe I am too young.
    Bought another 1000 shares at $3.06.

    I will catch the falling knife.

    Cheers
 
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