RWD 15.9% 3.7¢ reward minerals ltd

Ann: Trading Halt, page-18

  1. pkn
    408 Posts.
    lightbulb Created with Sketch. 7
    Assume a 250mT resource...250 year mine life at 1mT per annum
    And a project that falls under lowest cost quartile in the industry
    How can K+S, FMG, etc look past that?
    Also the AUD is lower making the company more attractive.


    That said I'm not necessarily expecting a significant re-rate should a decent resource materialise.
    I'm hoping and not expecting, but then again that is me speaking as a long term holder that has waited for a catalyst that would lead to something bigger with this stock.

    But if this is a takeover target, which i think it is, then the share price will re-rate accordingly. I just can't put a time around it.
 
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Last
3.7¢
Change
-0.007(15.9%)
Mkt cap ! $8.430M
Open High Low Value Volume
4.0¢ 4.0¢ 3.7¢ $4.411K 114.3K

Buyers (Bids)

No. Vol. Price($)
1 40000 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 5000 1
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Last trade - 10.35am 09/08/2024 (20 minute delay) ?
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