RWD 0.00% 8.0¢ reward minerals ltd

With difficult extraction and a very limited brine source...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 258 Posts.
    lightbulb Created with Sketch. 19
    With difficult extraction and a very limited brine source recoveries are essential for Kalium. Pumping from bores is operationally expensive. To then lose that costly and limited brine supply through even a small amount of seepage is a death knell.

    Unlined evaporation ponds in an environment not dissimilar to Lake Disappointment is happening in numerous places around the world, not to mention on our coastline - I felt there was some serious scare mongering going on in that Kalium announcement.

    Ducking down to Bunnings to get some plastic to line evaporation ponds for testing is great but the full-scale capital cost, even for the limited scale operation that Kalium's project will sustain, is going to be horrendous.
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
0.000(0.00%)
Mkt cap ! $9.114M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 15000 7.5¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 17650 1
View Market Depth
Last trade - 11.00am 27/11/2024 (20 minute delay) ?
RWD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.