RWD 7.81% 6.9¢ reward minerals ltd

Ann: Resignation of Chief Executive Officer, page-51

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  1. 7,080 Posts.
    lightbulb Created with Sketch. 526
    It’s not.
    At DFS stage with all approvals and Native title in place.
    Updated financials expected as per last quarterly.
    The PFS has been reviewed by a leading global EPCM company, see last quarterly.
    Major project status awarded.
    NAIF funding is almost certainly guaranteed but as per my comment over on KLL this is a different proposition to KLL.
    Financing and offtakes are the major remaining risks ahead of development.
    On paper this project has the lowest capital intensity in the sector by a significant margin. The PFS financials are highly conservative.
 
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