I think it is completely illogical to disregard GRM if you believe in RWD.
I think it is too early to guess how big Lake Mackay could be because we haven't seen the full AEM data for that groundwater system. But I agree RWD holders were excited at the time so it's foolish to now discredit the resource.
I am mindful of the fact that RWD used an ex CDNTS staffer to negotiate on behalf of RWD to no avail but I am also mindful that MR wasn't keen on spending money 5-6 years ago. The announcement todays demonstrates that GRM are getting things done.
I wouldn't be surprised if GRM are looking for more cash before RWD. I think they are going to be a lot more dependent of third parties but the flip side is things may move quicker. Nevertheless dilution might ramp up pretty quickly compared to what has happened at RWD.
I think there is plenty of upside to GRM but I think RWD could also be a 10 bagger from here on.
I am currently about 10:1, RWD:GRM, I picked up a lot of RWD at the 20 cents rights issue.
I think it is completely illogical to disregard GRM if you...
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