RWD
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6.25% 6.8¢ reward minerals ltd

Sevo - next funding round, page-38

  1. pkn
    408 Posts.
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    13/09/20
    14:39
    Post #: 47301727
    Figure 20 of the Canaccord report on AMN shows the size of the evaporation ponds.

    I don't understand why the evaporation ponds for RWD are 50km2 while for AMN are 30km2.

    RWD has better grade, 13.4kg/m3 vs AMN at 7.8kg/m3.

    AMN are looking at 546km of trench and RWD 133km, so that speaks to RWD's better grade, so pond size doesnt add up...

    Is the AMN trench size longer because they plan to use trench for 40yrs while RWD plan only for 27yrs?

    Any thoughts?
    RWD Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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