RWD 12.5% 7.0¢ reward minerals ltd

The major road expense for RWD has previously been upgrading the...

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. 3,933 Posts.
    lightbulb Created with Sketch. 46
    The major road expense for RWD has previously been upgrading the Talawana track. There are upgrades and there are upgrades and it depends on what you are upgrading.
    AMN might be simply widening/grading an existing unsealed road. Its hard to compare without full details.
    It would be interesting to know what the current state of play is with the NAIF and whether this road would qualify as suitable infrastructure. It certainly has an indigenous link buy I'm not sure if the spend still has to exceed $50M.
    The pilot ponds were discussed in the October quarterly. There was lateral seepage from the initial pond. The subsequent pond was to have the lateral walls lined. There hasn't been any subsequent news.
    Whether the FS betters the scoping study will depend on what was scoped (full v lateral lining).
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
-0.010(12.5%)
Mkt cap ! $9.114M
Open High Low Value Volume
7.5¢ 7.5¢ 7.0¢ $33.60K 474.8K

Buyers (Bids)

No. Vol. Price($)
3 216107 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 100000 1
View Market Depth
Last trade - 14.43pm 27/11/2024 (20 minute delay) ?
RWD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.