Joel, thanks for the guidance on the current mining operations- you obviously 'know your stuff'... I supppose what Im saying is that the SP didnt run ahead to $10 because of the current mining operations, but rather the realisation by the market that RIV had another unrelated story to tell now, that of new resource discovery that could end up yeilding 20 billion tonnes of coal in time..... thats why ppl took placemnts at $9.30, and nothing to do with the very marginal (from what you outline) mining operations they have at ZAC and ?(cant remember the other). why do your valid numbers need to have anyhting to do with the current SP drop ? I suppose I'm think that for possibly one of the biggest coal resources soon to be discovered on earth, there will be majors interested in a t/o of RIV, at obviously higher SP than this, groups who will know how to turn a profitale operation, even if current RIV crowd dont ?
RIV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
