Australia's largest stock trading and investment forum Australia's #1 stock forum

RWD

Click for more information

1.43%

7.1¢ reward minerals ltd

BC Iron negotiating Potash investment, page-19

First 19 Last

Share
Profile

Follow
glauconite

1,171 Posts.

2

24/02/17

13:28

Post #: 22879358
Share

Originally posted by Cloak ↑

Word on the street is this will be well over $2 by year end. Seems credible with Tier 1 reserve and trials almost complete. 400,000 tonne PA at around 200 a tonne profit = 80 million per year.....NO BRAINER

The average flow rate from the eight steady state trenches was 159m3 per hour per kilometre of trench – see Table 1. For SOP output at LD of 400,000 TPA and 50% Potassium recovery, the brine input required is approximately 60 million m3 per annum or 7,200m3 per hour.
Further modelling is required to establish definitive data for trench layout design but the above preliminary data suggests trench length of approximately 50km operating at any one time will provide the brine supply required

Expand

I like your optimism. Sadly, the "word on the street" 5 years ago was that RWD would be $5.00 xxx (fill in your hyperbolic multiplier here) by the end of the year. As a long term holder, and a believer in the project, I hope you are correct, but most of us have been through this before.

RWD Price at posting: 44.0¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

There are more pages in this discussion • 37 more messages in this thread...

First 19 Last

Add RWD (ASX) to my watchlist

(20min delay)
Last 7.1¢		Change 0.001(1.43%)		Mkt cap ! $9.114M

Open	High	Low	Value	Volume
7.1¢	7.1¢	7.1¢	$1.065K	15K

Buyers (Bids)

No.	Vol.	Price($)
2	225000	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	250000	1

View Market Depth

No.	Vol.	Price($)
2	189708	0.100
1	10000	0.080
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.105	24000	1
0.110	8500	2
0.115	10000	1
0.120	32686	2
0.130	96000	3

Last trade - 14.08pm 02/12/2024 (20 minute delay)

RWD (ASX) Chart