RIV riversdale mining limited

Good post bernie. Totally agree with you. Woodside are willing...

  1. 197 Posts.
    Good post bernie. Totally agree with you. Woodside are willing to float there lng outside australian waters to escape these government schemes. So yes Southern Africa should definately be an advantage.

    The economics and value of RIVs massive lost cost resource are a no brainer and I feel very confident long term we will be able to make our current market cap per annum. Just short term it worries you when possibly large overseas investors are selling as we will need to get funding for this project to realise it value. At these prices we are looking at either a major dilution or if not we need the support from those such as Talbot and Tata??

    I very confident in RIV so much so that Im considering selling my BHP shares in order to buy more as I have ran out of money. There are just some small doubts I need to be comfortable with though until I sell my BHP's.

    Like you said though courage is certainly need at this time and fortune does and should favour the brave with this one!
 
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