RIV riversdale mining limited

Given the drilling that has taken place over the last few...

  1. 5,609 Posts.
    Given the drilling that has taken place over the last few months, we can expect a serious coal upgrade. They have 4 rigs going on the leases. They recently stated that the average coal seam was 11m thick. The new ground from AQA also has a 30m seam running through it. As management stated 'its the next Bowen Basin'. We must be talking billions of tonnes down the track. We may be looking back in a years time and laughing at the current share price at $4 +. dyor
 
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Currently unlisted public company.

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