from tradedemon on the RWD thread this Robin Bromby article at http://www.potashblog.com/2011/07/hope-grows-for-progress-on-australian-sop-projects.html#more
"But the optimists among Reward Minerals shareholders are pointing to comments in the quarterly report regarding its joint venture with Rum Jungle Resources (ASX:RUM) at the Karinga Lakes potash project in the Northern Territory. There is also SOP potential here. But Reward has decided to allow its 50 per cent interest to be diluted because it will now not contribute to the next exploration phase on the grounds "due to anticipated commitments on its other potash projects". That may indicate the logjams elsewhere might soon be resolved."
that sounds reasonable but some "others" may say RWD thinks Karinga isn't 1st rate. Anyway, i reckon very soon it's goodbye to the 20's cent SP. Bytheway, did anyone notice in RWD's Q report on page 5 they said "( see RUM JUNE 2011 Q report )"
RUM Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
