I think you will find that RWDs potash resources and leases are anything but small compared to RUM. RWD is probably the first ASX potash company. RWD had a significant interest in Karinga Lakes but let it go to pursue its own superior assets. Arguably RWDs expertise significantly helped RUM advance KLs to its current state. Had it not been for native title, RWD would have been a producer by now. RWD has already established a JORC for its own Lake MacKay resource. The new Karly project could be a monster, possibly one on the biggest SOP resources in the world. I think the main issue with KLs is the resource size and that's why the Chinese interest intrigues me. I wouldn't say that the market loves RWD. The current SP, to a large extent, reflects illiquidity. Cheers
RUM Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held