RWD 4.76% 8.0¢ reward minerals ltd

The PFS assumes that 133km of trenches are constructed and...

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  1. 258 Posts.
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    The PFS assumes that 133km of trenches are constructed and pumped at 15l/s/km for 20+ years.

    "Steady state" is quoted as 10l/s/km in their announcements and most recent presentation (Jan'18).

    407ktpa seems a bit aspirational. Actual production based on their 10l/s pumping rates to date suggests 270ktpa is more realistic - I'm not sure what a real production rate would do to your NPV

    And I guess the bore dream is over?
 
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