Ann: RWD 2016 Annual Report, page-23

I think we can expect financial modeling in the FS for a project with a mine life of at least 30 years.
The cost to upgrade the track, which in my mind is the only negative, will look insignificant particularly if government assistance is sought.
The return on investment will blow all the others out of the water.
At least two other projects are pushing a staged development but at the end of the day they are both looking at similar capital to RWD.
Bulls$&@ and hype can only sustain a SP for so long, at the moment RWD is at the opposite end of the spectrum to at least 3 of the other players.
I think the RWD FS will be a reality check for all concerned.