After do some research, I find RTL has a lot of potential if he agrees to enter into the call option agreement over the project in Mozambique. RTL's tenements is just adjacent to RIV tenements. RIV's coal resources is summarized in the attach image.
Concessions#3245L and 3246L are located in the Moatize area. Immediately adjacent to coal concession of Riversdale mining (RIV) and within 20km from Riversdales well known Benga Coal deposit. It contains Loser Karoo sediments, which is considered by Dugal to be highly prospective for coal.
These concessions offer the potential for large deposits of coking and thermal coal in highly prospective coal region.![]()
After do some research, I find RTL has a lot of potential if he...
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