this is a big deal.-it puts Riversdale firmly on the...

this is a big deal.
-it puts Riversdale firmly on the international map.
-It partners RIV with the biggest steel player in India.
-Drops another $100m cash in the can. [total $146m cash]
-This deal would include an off take agreement for Tata.
-Riversdale is assured a major customer.
-The deal represents only 12% of Riversdale total land holding in the area.
- This greatly increases the overall value of the tenements.
-De risks the project to some extent as its attracted real partner with real cash.
-Adds major credibility to the company for finding and developing world class coal deposits in a very short period of time.
-Riversdale only paid about $20m for the whole deposit so how is that bad for share holders?
-The stock price has risen nearly 3 fold in the last 2 years and we could expect much higher prices down the track.
-Whats to stop the company doing more deals with other players? off take agreements etc.

-the list goes on.