RIV riversdale mining limited
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  1. earlyrise
    989 Posts.
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    29/12/10
    11:35
    Post #: 7665236
    Following the many news stories over the past week, the Indian consortium (ICVL) may well bid for a controlling shareholding in RIV and work with Tata to secure coal supply.

    Combined with Tata, ICVL would only need to purchase 27% of RIV to have a combined holding of 51% with Tata.

    The following article is worth taking a look at.

    http://www.economist.com/blogs/newsbook/2010/12/mining

    RIV Price at posting: $16.90 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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