RWD 0.00% 6.9¢ reward minerals ltd

sop mining sat pics and transport, page-7

  1. 9,188 Posts.
    Been on ACS for 11 months. Nearing a 12 month anniversary. lol.

    500mt magnetite speaks for itself. Chinese steel mill owns 15%. Right next door to MGX. No brainer at these levels.

    Also look at IRC. Has 13mn RWD shares (NTA = 70% of SP), is Michael Ruane's 'private company' (or effictively) and has the largest vanadium deposit in the world. Could be a 50 bagger. Upside truly phenominal. If Raune make's it work - and he is as good as anyone in Australia - every single shareholder will be multi-millionaires. Bargain at these levels. Ive been buying around 40c average. No volume after 45cents. Once 45c gone, next stop 60c+. Have at look at its tonnage and comparion to $330mn mkt cap minner WVL.


    But RWD is and has been a no-brainer. The most pressing global issues are population growth and food scarcity. RWD and agricultural plays are exposure to those pressing global issues. You MUST have exposure some way or another. Mine is RWD and IRC with a few MAK.


    Let me just say again, great post Ctindale.
 
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