I attach significant importance to RIV's willingness/ability to build a power station. The coal is directly below the main Coborra Bassa Powerlines that feed the giant Johannesburg mining/industrial complex. It will provide a steady income without any logistic hassles and will be expanded as demand grows. Coking Coal still the main game but using the thermal onsite makes a lot of sense esp as there is strong demand for electricity.
RIV Price at posting:
$8.15 Sentiment: Hold Disclosure: Held