RWD 0.00% 4.5¢ reward minerals ltd

Ann: Resignation of Chief Executive Officer, page-46

  1. 7,080 Posts.
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    Wrong.
    All the companies have potentially profitable operations. The problem is the management of many of these companies, in many instances, have lead investors to believe that the costs and profits are far better than what is actually the case or that the execution of these of these projects is far easier than it has turned out to be.
    Trigg has only just started so they yet to show us what direction they will take.
    The dust is far from settled and RWD could come unstuck as could APC, AMN or TMG.
    As for RWD being the best it’s funny how a few of these other companies or their supporting brokers avoid including data from RWD’s project in presentations or reports. It’s usually because RWD looks better on most metrics or more conservative on others.
    The fact remains RWD has the largest drainable resource, second highest grade after Lake Way, second closest to port by road, reported trench flows amongst highest in sector, best evaporation, lowest rainfall, lowest capital intensity reported, operating costs in line with every company apart from AMN, Native title in place for project including access road, only company with full environmental approvals for a large scale operation, a low number of shares issued. I have probably missed a few key features.

    Cheers
 
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