Oz I wouldn't touch any of these newer MOP projects personally. Doubt they'll ever get to mine. CAPEX requirement just too high for a speculative. That's why I am backing the RWD story - low capex though higher opex, which is not so much an issue if you have cashflow. General rule in commodity investing for my mind is identify the advanced junior players in the next boom sector and they are likley the only ones who'll get to mine profitably and if not will be taken over. Eg the uranium boom - everyone that had a JORC compliant resource prior to the run up in prices was ultimately taken over eg RPT by Mega, SMM by Paladin, Nova by Oxiana ...
RWD Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
