what a lonely thread, page-8

GRM have acquired the land "next to" RWD karly deposit

who knows what percentage of RWD's 90 million cap fully diluted karly makes up

You can see the Karly estimates on page 16 of rewards presso on 19.5.14, 950 mt in first 40 m

these estimates are based on surface sampling, its a uniform salt lake so they should be accurate and be the same at depth, RWD are about to drill the area, to confirm

based on geoscience Australia mapping page 19 of presso you will see that the lake sediments could be 200 m + thick, they need to be drilled to confirm everything of course

if ( a big if ) they are 100 m thick, that makes 2.5 billion tonnes of potash, at 600 bucks a tonne that's 1.5 trillion worth

pump out the underwater brine flow into surface ponds , see compass minerals at salt lake city in USA for possible operation if all goes well

So we get to GRM go to page 17 of 2.6.14 presso, see the land that they have acquired in blue outline the embayment apparently slopes to the north, a few 100 m + over 100 k +

so GRM possible resource is under 100 - 200m of cover, see page 19 map

the brines are assumed to flow to the north, see arrows on rwd maps, so it just means deeper bores to get the brine out , assuming the potash is there and brine is there etc etc

so GRM has picked up a similiar area to RWD

Do a goggle search of top shareholder Tim Lyons and number 3 holder Mark Savich - both from Blackswan Equities ( unless there are 2 other people with the same name)

Blackswan is RWD's broker, so they have seen the potential and got the land for themselves, see change of directors interests for how keen they are, see recent placement to see how many they have bought

number 2 holder david argyle

Alec Pismiris has had some winners

GRM just did 6 c raising , 68 m shares and 14 m x5 c oppies about 11 m cap fully diluted at 13 c with 1.5 m or so cash

GRM will benefit from any success RWD gets, it will also be a disaster if RWD dont hit the goods

dont assume any of this is correct

dyor the usual disclaimers