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The Company intends to develop as a diversified mining finance house, focused on growth through investment in suitable mining opportunities. It is the company's intention to assemble a portfolio of suitable assets through rapid growth for the benefit of all our shareholders, and emerge as a diversified mid-tier mining house with excellent returns on shareholder funds, a strong orientation to growth, and a pipeline of projects.
The Company's strategy is to prioritise the acquisition of assets that are either already earning cash, or close to that stage. The Company is neither location, nor commodity specific in its interests, but is instead committed to investment in operations that
• Generate an ungeared 20%+
• IRR on a risk-weighted basis through the market cycle
• Enjoy a competitive advantage that is likely to be any combination of a various drivers including
- grade or quality of the mineral
- location
- cost profile
- growth potential either by brownfield expansion or by development of a portfolio of similar assets
in a regional setting
- superior global or regional demand/supply characteristics
• Riversdale will actively seek partnerships and consider minority shareholdings on an incorporated
JV basis for outstanding investment opportunities
• Riversdale strongly believes in decentralised management of businesses, empowering high quality
operational management at asset level to allow rapid, diversified growth and reduce corporate
overheads
• Riversdale will be active capital managers when the opportunity allows.
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