RWD 0.00% 7.1¢ reward minerals ltd

Your way off again Ceh. First you need to acknowledge that the...

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  1. 7,743 Posts.
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    Your way off again Ceh. First you need to acknowledge that the AUD$667 price is an average lom price after accounting for inflation. Next that figure of $263.7m is likely determined by dividing the total revenue $6b by the payable years (or quarters) of production. If you just want to take 407,500 tonnes multiplied by $667 it should be $272m so they have been conservative again but in reality the project probably has a short year at either the start or end.
 
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