RWD 0.00% 7.1¢ reward minerals ltd

You are a little bit off in some of your comments Blue Fox....

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  1. 7,743 Posts.
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    You are a little bit off in some of your comments Blue Fox. Agrimin has 20 years of drainable sop in the top 6m and probably the reason their sp is outperforming Kaliums atm ? Market cap close to $115m now.

    Reward is waiting on the pond data for their optimum set up. All other parameters are complete as far as I'm aware of. I'm pretty sure a 250ktpa for 40+ years would cover a $320m start up half debt half equity. Lets wait and see what the PFS comes up with and go from there...

    I'm actually surprised though that Kalium can publish a PFS with no pilot pond data. It is probably one of their most critical areas of costing given the ponds are on land and the EPA will want things water tight. EPA approval is going to take a long time for Kalium imo. Also where are they getting their water from ? no mention of this and no testing to date. It took Reward about a year to find, prove up and submit the relevant license documents for water abstraction.
 
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