RWD 0.00% 7.0¢ reward minerals ltd

BC Iron negotiating Potash investment, page-55

  1. 3,933 Posts.
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    Buy v hold. I haven't reviewed my settings.

    The only catalyst, in my opinion, is some indication that MR can take this to production without massive dilution. RWD is stale, that's why its market cap is lagging its peers.

    I'm expecting to see a FS that is at least as good as the scoping study and probably better.
    The drainable resource and trench studies were predictable, we wouldn't still be here if the resource was c^&p.

    We need a solid, international partner. Someone who takes 30% or so of the project and can arrange the finance.

    That will elevate the SP to where it should be (and see all future Martu options in the money).

    Then it is sit back and collect the dividends for 100 years.
 
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