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4.76%

8.0¢ reward minerals ltd

You are deluded if you think the WA state government is going to...

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sevo

3,933 Posts.

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16/05/18

14:18

Post #: 33135424
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Originally posted by KRogers ↑

Yes you need access to the exclusion zone at Lake Disappointment. I agree with you that lake surface area is key and Reward needs more of it. However, the exclusion zone is a no-go area, just like the islands. It is not about the amount of impact - NO impact is acceptable.

RWD state they have spoken to the government and therefore they are assuming a higher royalty - I guess their discussion with govt is going just as well as their Native Title discussions.

Reward: please leave it to the other companies to negotiate before you blow it up for everyone.

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You are deluded if you think the WA state government is going to levy the same royalty on low value pool salt and high value SOP.
Even Euroz assumed a higher royalty in previous research. Why don't you email Euroz and ask them if they made a mistake in their recent research note.

RWD Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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Last 8.0¢		Change -0.004(4.76%)		Mkt cap ! $9.114M

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