RWD 0.00% 7.1¢ reward minerals ltd

Ann: AGM Presentation, page-21

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  1. 329 Posts.
    lightbulb Created with Sketch. 18
    You have chewed the wrong bamboo panda

    Set the sop price at $1 a ton and it doesn’t effect the reserve
    The reserve is the known quantity of mineral in the ground that can be extracted
    A price of $1 per ton will make it economically
    Unviable but it will still be there

    You don’t have any idea how much you have in the ground as you don’t have a reserve
    So there for your financial
    Prefabricated feasibility study is nothing more than a prayer
    That’s why when KLL
    Released a true PFS with a reserve sp went up 30 %
    RWD and AMN did nothing on release of PFS
    Because they had no substance

    Don’t ignore the facts
 
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