Panda7, i don't think it's right to state that KLL's mkt cap is...

Panda7, i don't think it's right to state that KLL's mkt cap is low. It is nearly A$50m. Rwd is $55m. To get as far and as quickly as KLL has is commendable. However what do they have to show for that mkt cap? In a relative sense, RWD still makes a lot more sense....size of asset, battery of test results to name a few.

What i think will become evident to the other hopefuls is that the road to get as far as RWD has is likely to prove equally as long. Take AMN for example, updates from them have been few and far between....and they dug to a max of 30m!

Ruane dots the i's and crosses the t's. It may be overkill. But a major that will be evaluating all the projects will I think hands down find the depth and quality of RWD's data beyond question. Ruane may be fixated with the details but that is what a major will be looking for i reckon.

In a perverse way, the run up in the other juniors is putting a floor under RWD's share price. RWD's share price is unlikely to get below 35c fwiw. But compared to DNK, a $2.50 share price is not out of the question. The risk-reward looks great, it's the waiting that is the hard part.