RWD 0.00% 7.0¢ reward minerals ltd

The results from the 200mm bores are very important. We now know...

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  1. 3,933 Posts.
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    The results from the 200mm bores are very important.
    We now know that we have 12MT of easily accessible brine via trenches.
    At 400Ktpa, that's a 30 year operation.
    The further 142MT accessible by bores gives us another 355 years!
    But more importantly the deep resource gives RWD the potential to upscale. Perhaps not to Luobupo scale but what about 600-800Ktpa.
    At MacKay, based on the current drainable resource, there is no potential to upscale because if they do they would bleed the lake dry in well under 20 years.
    From an investment point of view why invest for 20 years when you can invest for 385?
 
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