"Most people have the sop market growing at 350ktpa" from where...

"Most people have the sop market growing at 350ktpa" from where was this consensus figure produced ?

"Once in production there will definitely be collaboration between the Australian companies re output" .... obviously you haven't heard that market fixing is not looked on favourably by the law & even if this fantasy were possible it would fly in the face of the norm, where rival companies war with each other in order to take market share & ultimately kill off the completion eg price wars.

RWD could have killed off the competition before they were anything more than a dream in some advisor stock broker's sleep, by simply getting on with the job with something like diligent earnest.

All this building up dreams of buy outs, jv's, off-takes etc etc are just that .....dreams ..... until RWD has got something that is demonstrably attractive to those with the power to make it happen.

Clear this is not where RWD is at present or has been anytime over the past 10 years or so, otherwise the buy outs, jv's, off-takes etc would have come ..... but they haven't ...... & there have been whales run their rulers over RWD ... but no cigar !!! WHY ?

That's the real question that none of the RWD management apologists or dreamers of what could be, want to confront .... WHY .... in a world of growing demand & limited supply (by your post), has no-one found RWD attractive enough to approach .... WHY ?
Until you honestly ask yourself that question it'll be an endless wait & endless speculation & endless dreaming, until The Fuhrer finally unveils his master plan, which, if he has one, will surely not be crafted for the benefit of the people who have supported this company for what feels like an eternity yet have been & continue to be treated with utter contempt.

It is understandable that shareholders feel that they need to talk RWD up to protect their investment, but the market does not take HC posters into consideration when assessing the prospects of a company & all it does is give management a sense that they can continue on as usual because the minority shareholders are happily dreaming of their El Dorado.

Better to unite & call out management & demand continuous & proper disclosure.
If the project has problems, then better to die quickly than suffer death by a 1000 cuts.
If all is good then the question must be 'why is it taking so long ?'

The Emperor needs to be told that he is naked !