RWD 0.00% 7.0¢ reward minerals ltd

KLL is on the bitumen with only 60 km of dirt ? There are around...

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  1. 329 Posts.
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    KLL is on the bitumen with only 60 km of dirt ?
    There are around 500 trucks driving home empty every day from Newman all wanting a load

    Kll had port and handling cost of $27
    Slightly higher than reward
    KLL is also next to the gas line
    Important information that the blind skip over

    AMN is going to blow out in capex and opex
    With out a doubt
    It’s ok to say rail is cheap but it will need to be handled twice on the journey
    600 km of dirt ? No chance
    The road maintenance will be $20 a ton
    And NO the local government will not pay this
    Especially when the tenement is in W.A. and the road they will be destroying is in the NT
    All the wages and royaltybgonto WA no benefit to the NT

    SO4 claims to be able to do it all half as cheap as everyone in the whole world so they too are in fairy land as well

    I give credit to reward for coming up with what appears to be realistic figures
    The process plant looks to cheap and the 407 ambition is to high

    If it had location on its side and could scale up
    It may have a chance
    500 million capital for a 20 million dollar company
    This thing is a write off

    You are better off predicting who they are going to use as a receiver
 
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