most companies take about 8 to 10 years to get to first production. Rwd is really only in year 4 if you ignore the years of impasse. The company will get to production eventually and the main drivers of this imo will be the exceptional grade and the very strong sop market (60% of which is made up by the expensive Manheim product of which there is little available substitute).
IRC no longer holds any RWDO as they sold them at a heads equivalent of 61c, most if which to MR...
RWD Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
