Ann: Quarterly Activities Report, page-54

Agree.
The reality is that RWD has been in a 17-85 trading range for 5 years and a current downtrend of 2.5 years.
It feels slow because it has been slow. And it's still slow because the testing relies on evaporation or pumping over a prolonged period.
It might have been better if more things had been done concurrently.
And then there is the state government...
But it is easy to forget that AMN has been going for 3 years and KLL was doing work for at least 2 years before listing almost 12 months ago. If AMN hadn't of picked up MacKay from RWD it almost certainly wouldn't be around, they stalked RWD into the little Sandy Desert and that was a disaster for them.

RWD has been a destroyer of capital but any money tied up in potash stocks has been a wasted opportunity the last 6 months if not longer. Lithium has been the hot commodity. I include AMN as the volume behind the 60-86 move has been minuscule.
I certainly wouldn't be adding new money to potash at the moment but I think if anyone is holding RWD and can't exit then it has more potential upside in the short term than its peers. I say that based on what I see in terms of resource and work completed, knowing that management will change at some point and that the guy running the show is still investing. The chart suggests that 80-85 cents is the target to chase when it does move.
I don't think there would be many RWD investors that aren't frustrated.
The questions in my mind are how good will the 90 day pumping be, can those bores produce, is NAIF an option, will the PFS surprise to the upside and how close are we to getting new blood in the team.