RWD 1.67% 5.9¢ reward minerals ltd

Ann: Extension of voluntary suspension, page-15

  1. 557 Posts.
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    An opportunity to demonstrate the RWD process associated with minimal dilution to existing RWD holders would be a great outcome imo. Even if RWD isn't a majority owner of the Beyondie project.
    The $400M spent on Beyondie sounds great but much of it is likely to be wasted money. As a result I wouldn't feel like RWD was missing out on hundreds of millions of dollars in the event they don't end up owning the whole lot.
    As it stands the Beyondie operation is liability. If there were other parties lining up, RWD wouldn't still be at the negotiating table.
    I think it is likely RWD achieves a worthwhile outcome for the company and shareholders.
 
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