RWD 0.00% 7.1¢ reward minerals ltd

You are correct I don’t know much about mining But your 101...

  1. 329 Posts.
    lightbulb Created with Sketch. 18
    You are correct I don’t know much about mining
    But your 101 makes me feel as though I am an
    Expert
    As you state
    Volume
    Higher grade = pump less volume ( cheaper )
    Less ponds = cheaper

    Input price = higher grade handle less material
    Treat less to get more

    Geographical location
    KLL sits in prime spot geographically

    Demand ...... love it
    Can the world obsorbe 400 thousand ton ?
    Aust market 80 maybe 100 demand is everyone’s problem and irrelevant to grade
    Just that some need to talk massive tonnage to cover capex

    Distance to market
    KLL is the closest to Port with the least amount of dirt or required road building requirement
    Less capex less Ipec

    Impurities
    KLL has the least impurities
    Less impurities = better extraction
    Higher price less to handle
    Cheaper opex and capex better selling price
    Less waistebno cost to get rid of

    Surrounding rock type
    KLL PFS says the granites delivered the potassium
    So I think this is covered

    As far as hippies go they are everywhere and no one is immune
    kLL has a native title mining deal

    Thanks for the input
    But I will stand by grade is KING
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
(20min delay)
Last
7.1¢
Change
0.000(0.00%)
Mkt cap ! $9.114M
Open High Low Value Volume
7.7¢ 7.7¢ 7.1¢ $34.43K 481.3K

Buyers (Bids)

No. Vol. Price($)
4 624456 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 500 1
View Market Depth
Last trade - 15.56pm 08/11/2024 (20 minute delay) ?
RWD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.