Australia's largest stock trading and investment forum Australia's #1 stock forum

RWD

Click for more information

5.00%

8.4¢ reward minerals ltd

Keep honking, page-31

First 31 Last

Share
Profile

Follow
unrewarded

1,186 Posts.

21

25/03/19

22:38

Post #: 37879947
Share

Originally posted by sevo: ↑

The work is being done and a top sequence, non-exclusion zone reserve will be published. It is going to happen.
It's not rocket science.
The reserve number is just a higher level of confidence in how much SOP exists and is available in a certain part of the lake (vertically and horizontally).
Not sure why you obsess over it.
We all know that the reserve will a much smaller number than the numbers that already exist because RWD aren't aiming to lift the level of confidence in the entire resource.
It may well be that the LD reserve is no greater than the KLL reserve but KLL have a very small lake which make upgrading the resource far easier.
The issue, imo, for RWD isn't proving a reserve in the upper, non-exclusion zone but demonstrating that the resource below is actually recoverable using bores. This work can be done after production from trenches commences and will be infinitely easier when the lake is more accessible.

Expand

Your golden point sevo, is "It's not rocket science." ...... so why is it taking everyone's lifetime ?

RWD Price at posting: 10.5¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

HotCopper Highlights: Your most watched stocks for Week 47, 2024

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 3 more messages in this thread...

First 31 Last

Add RWD (ASX) to my watchlist

(20min delay)
Last 8.4¢		Change 0.004(5.00%)		Mkt cap ! $9.114M

Open	High	Low	Value	Volume
8.0¢	8.4¢	8.0¢	$18.12K	226.4K

Buyers (Bids)

No.	Vol.	Price($)
1	90	8.4¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	280000	1

View Market Depth

No.	Vol.	Price($)
2	189708	0.100
1	10000	0.080
0	0	0.000
0	0	0.000
0	0	0.000

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

Last trade - 15.55pm 22/11/2024 (20 minute delay)

RWD (ASX) Chart