RWD reward minerals ltd

LD - resource estimate

  1. 214 Posts.
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    What's your estimate?
    Here's mine:
    Current - 24.4Mt of SOP to 4m depth at 6kg of SOP per cubic m.
    Forecast - 727Mt of SOP to 110m depth at 6.5kg of SOP per cubic m.

    That assumes that the new JORC covers the same surface area as the old one. Do we think it will? There's a sense that there is essentially no upper bound for the resource given what we are learning about the paleo-valleys etc.. The resource will be continually replenished from outside of the boundaries of the JORC.
    Flow is going to be more important as that will dictate how fast this stuff can be pumped out of the ground.
 
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