RWD Peer Analysis, page-87

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sevo

3,933 Posts.

28/03/17

11:29

Post #: 23672595

Originally posted by pkn ↑

So this is the state of play after yesterday:

Column 1 Column 2 Column 3 Column 4 Column 5

1 Company Share price (A$) Mkt Cap (A$m) Mkt Cap Premium to RWD Implied RWD share price

2 Danakali $0.745 $168 218% $1.24

3 Agrimin $0.600 $74 40% $0.55

4 Salt Lake Potash (Wildhourse Energy) $0.500 $67 27% $0.49

5 Reward Minerals $0.390 $53 0% $0.39

6 Kalium Lakes $0.400 $49 -8% $0.36

7 Australian Potash (ex Goldphyre) $0.125 $28 -48% $0.20

SO4 and APC cannot be considered as peers to RWD now.
APC's scoping study revealed the economics are not as exceptional as they have been made out to be.
SO4 is questionable now too.

So this leaves RWD peers as Danikali, Agrimin and Kalium.

Well Kalium is a pure spec. They have nothing to show and yet their mkt cap is only A$4m less than RWD's.

Kalium cannot be considered RWD's peer.

This leaves Danikali and Agrimin.

You have to wonder how Agrimin can achieve virtually the same costings as RWD.

If you thought LD was far, Lake Mackay is Timbuktu....it's very very far. This will add to the cost.

As for Danikali, yes it is a great resource, but you have the Eritrean govt as your partner going halves.

I think ultimately the money will flow to these 3 companies.

Good luck.

Expand

Anyone seen the AMN cap raise.
40/42 cents compared to market price of 60 cents.
I think these sophisticated investors would have gotten better value buying RWD on market.

RWD Price at posting: 42.0¢ Sentiment: Hold Disclosure: Held

7 Upvote

0 Great analysis

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Add RWD (ASX) to my watchlist

(20min delay)
Last 7.4¢		Change 0.003(4.23%)		Mkt cap ! $9.114M

Open	High	Low	Value	Volume
7.4¢	7.4¢	7.4¢	$740	10K

Buyers (Bids)

No.	Vol.	Price($)
3	350000	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	249999	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 - 10.06am 03/12/2024 (20 minute delay)

RWD (ASX) Chart

	Column 1	Column 2	Column 3	Column 4	Column 5
1	Company	Share price (A$)	Mkt Cap (A$m)	Mkt Cap Premium to RWD	Implied RWD share price
2	Danakali	$0.745	$168	218%	$1.24
3	Agrimin	$0.600	$74	40%	$0.55
4	Salt Lake Potash (Wildhourse Energy)	$0.500	$67	27%	$0.49
5	Reward Minerals	$0.390	$53	0%	$0.39
6	Kalium Lakes	$0.400	$49	-8%	$0.36
7	Australian Potash (ex Goldphyre)	$0.125	$28	-48%	$0.20

RWD Peer Analysis, page-87

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This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

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Buyers (Bids)

Sellers (Offers)