RIV 0.00% $16.20 riversdale mining limited

There will be no quick money to be made off the capital raising;...

  1. 1,605 Posts.
    There will be no quick money to be made off the capital raising; almost never is.

    You have to look at the value that fast tracking stages 2 and 3 will create for the shareholders. Bringing initial mining dates forward and increasing early tonnages is where the money will be made in the sp valuation.

    My only question is whether to take up the entitlements now, at $ 9.40, or wait and try and buy shares at a lower price, on market.



    Cheers, Skip
 
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