In the absence of ANY hard project specific news, i can only run off technicals and they are looking more constructive:
50d MA: $0.235
100d MA: $0.24
200d MA: $0.23
Current: $0.24
The last time that RWD was at these lows and the major moving averages had converged to as tight as they currently are, the share price went to $1 or above.
The PFS alone is unlikely to get us there, but px action is looking more constructive.
Ann: Pre-Feasibility Study Update, page-19
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