RWD 15.9% 3.7¢ reward minerals ltd

Ann: LD PROJECT CONFIRMED AS A GLOBALLY SIGNIFICANT SOP DEPOSIT, page-35

  1. 213 Posts.
    lightbulb Created with Sketch. 1
    That presentation was a year ago - a lot can change in year (and then again....).
    However, the last quarterly told us that:

    "Preparation of the submission documentation by Reward in conjunction with its group of Environmental consultants is progressing well and the Company is aiming to have the submissions ready for lodgement in February 2017."
    and
    "The Cost Estimates for construction of Evaporation Ponds and Brine supply trenches are currently being prepared by well respected contractors under a formal tender process. The Tenders have been prepared on the basis of Pond and Trench design parameters prepared by Knight Piesold Engineering late in 2016. Upon receipt of the Pond/Brine supply cost data, the total Capital and Operating cost package will be compiled by Lycopodium Engineers for Feasibility Study purposes."

    OK, so there's no date attached for completing the FS. But I'm expecting the newsflow to continue over the next couple of months as the above two points get ticked off.
 
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