RWD 12.5% 7.0¢ reward minerals ltd

Thanks reggie001 Yup I went to their website and the...

  1. pkn
    368 Posts.
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    Thanks reggie001
    Yup I went to their website and the presentation of info is awesome.
    I went though their capex and opex and you will find it is virtually identical to RWD. That is what i put in the table in an earlier post. This is where i got the data:

    http://www.danakali.com.au/the-colluli-project/definitive-feasibility-study-economic-outcomes

    DNK's SoP resource is not as large as the 1 billion figure is it.
    The DNK comparable is 260mT.

    http://www.danakali.com.au/the-colluli-project/the-colluli-resource-and-reserve

    "The resource contains a K2SO4 equivalent of 260Mt (100% recovery basis), making it one of the largest potassium sulphate deposits in the world."

    So we have two companies that essentially the same resource size (DNK is 50%) and same capex costs with RWD having less sovereign risk.

    Once again, just pointing to RWD trading ridiculously cheap
 
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