keep an eye on riv

  1. DSD
    15,977 Posts.
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    SDM rules in Oz re designing/constructing/commissioning and then operating/maintaining bulk coal handling infrastructure. SDM is working with RIV (part owned by VALE) on the proposed monster coking coalmine in Mozambique. If this mine is ticked off SDM will win a massive contract and get years of work from what will be a world class coal mine.
    RIV SP has been strong these past few days without any news. Up 10% today. Something must be causing it. Let's hope the feasability at RIV's mine gets the tick and SDM will see strong reaction in SP. Hold.
 
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