backontrack, I have a large parcel of RIV but also AVA and bought another 1 million shares today. It's the second best value stock on the ASX at the moment, imo. Eskom is screaming for potential supplies of thermal coal so AVA can do whatever sort of deal they like. The $100 miliion market cap is just about justified on their WA assets whereas Botswana will earn them at least that amount per annum for 40 years or so. I have no idea why people sell such value stocks except fr when they are in trouble.
RIV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
