RWD

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7.1¢ reward minerals ltd

How will the SOP be carried on the backloaded trucks? There's...

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KRogers

258 Posts.

19

03/05/18

08:48

Post #: 32847307
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Originally posted by Blue fox ↑

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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How will the SOP be carried on the backloaded trucks? There's not a whole bunch of side tippers heading back empty, they're freight trucks

RWD Price at posting: 21.0¢ Sentiment: None Disclosure: Not Held
5 Upvote

2 Great analysis

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How will the SOP be carried on the backloaded trucks? There's...

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