RIV 0.00% $16.20 riversdale mining limited

I was previously doing some numbers on the drilling and was...

  1. 269 Posts.
    I was previously doing some numbers on the drilling and was thinking about 400 million tonnes as a minimum. That's what I used when I said it could go to $40 (using $3 per tonne and a final resource of 5 times what they've drilled to date- which must be ridiculously conservative).
    On the numbers released today I am happy to say that I've underestimated the resource by some margin. Hoping I'm right!!!
 
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