RBS have issued a great report on RIV ( 18th Jan)
" We initiate coverage of RIV with a Buy rating and an A$11.06 target price. The company is developing hard-coking and thermal coal assets in Mozambique.
While the project is not without its hurdles, if successful it should give RIV the resource base to become a globally significant coking coal producer. "
Cheers, Skip
rbs buy rating $11+ target
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