RWD 0.00% 7.0¢ reward minerals ltd

Word on the street is this will be well over $2 by year end....

  1. 534 Posts.
    Word on the street is this will be well over $2 by year end. Seems credible with Tier 1 reserve and trials almost complete. 400,000 tonne PA at around 200 a tonne profit = 80 million per year.....NO BRAINER

    The average flow rate from the eight steady state trenches was 159m3 per hour per kilometre of trench – see Table 1. For SOP output at LD of 400,000 TPA and 50% Potassium recovery, the brine input required is approximately 60 million m3 per annum or 7,200m3 per hour.
    Further modelling is required to establish definitive data for trench layout design but the above preliminary data suggests trench length of approximately 50km operating at any one time will provide the brine supply required
 
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