RWD 18.5% 3.2¢ reward minerals ltd

Ann: Company Presentation , page-18

  1. 7,080 Posts.
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    SA

    Karly is conceptual but if proven, RWD will have the best resource per dollar of capex, of any potash hopeful worldwide.
    I guess it's more to do with light at the end of the tunnel.
    I've ridden the ups and downs from early 2008.
    As long as MR maintains the momentum with LD I will be happy.
    Its too easy to forget the Martu country meetings, special general meetings, the ILUA that went on and on and on, the glauconite project, the lithium fiasco at Dumbleyung. I am not suggesting that Karly is like the latter but if there is already one good project I don't want to see it sidelined by another that becomes bogged down. I think the latter is unlikely with the current relationship with WDLAC.
    I think we also need to consider the age of the key person driving the company. This could become a risk.
    It was over 2 years ago the Martu signed the ILUA. Does anyone care to speculate on how long it might take to get an ILUA and lease for Karly?

 
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