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7.1¢ reward minerals ltd

Ann: PFS Confirms LD as a Globally Significant SOP Project, page-162

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KRogers

258 Posts.

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10/05/18

11:01

Post #: 33005035
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Originally posted by Panda7 ↑

Ceh LD is 20km N to S. The 1km trenches are in the NW corner and extend south for 1km. Hardly representative ? Rewards 2016 program averaged over 35L/s per km equivalent. The incorrect assumption you are making is that the result in the 1km trench is representative for the entire modelled area and that the results from the 2016 program have no merit...you may argue that their duration was short but like I said before check Agrimins trench data and you’ll see that 90% of the steady state flow is reached around 8-10 days. So once Reward put in longer trenches to firm up their data (for the DFS) they’ll easily get 15L/s imo (as the experts have indicated). ie they’ve used all the data available to come up with that number...

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RWD have the 10l/s/km number in their January presentation.

I'm directly quoting RWD and then comparing to the number used in the RWD PFS.

RWD Price at posting: 20.0¢ Sentiment: Sell Disclosure: Not Held
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