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7.1¢ reward minerals ltd

BC Iron negotiating Potash investment, page-25

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1,186 Posts.

21

25/02/17

11:05

Post #: 22899860
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Originally posted by Cloak ↑

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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Hey Cloak, I don't know what "street" you are listening too ....
I suspect either Stirling Hwy Nedlands or a little voice in your head
but logically one would expect there to be far more activity in a "no brainer" 5 bagger that is being touted "on the street"

RWD Price at posting: 44.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Last 7.1¢		Change 0.001(1.43%)		Mkt cap ! $9.114M

Open	High	Low	Value	Volume
7.1¢	7.1¢	7.1¢	$1.065K	15K

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No.	Vol.	Price($)
2	225000	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	250000	1

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No.	Vol.	Price($)
2	189708	0.100
1	10000	0.080
0	0	0.000
0	0	0.000
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Price($)	Vol.	No.
0.105	24000	1
0.110	8500	2
0.115	10000	1
0.120	32686	2
0.130	96000	3

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