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6.9¢ reward minerals ltd

Does RWD still have a pulse?, page-23

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sevo

7,080 Posts.

526

13/11/21

12:28

Post #: 57550300
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Originally posted by manassa: ↑

I believe so, I have been a shareholder since 2008 and have added to my positions right throughout that time, I would have liked to have seen a bit more
happening in recent years but Ruane has been as frugal as he could be with this company and has a lot of skin in the game which i like.
To me the likely hookup would be with FMG especially given their relationship with RWD and the fact that BHP are entering the space with the reactivation of the Jensen mine in Canada, FMG really do need some alternatives to Iron Ore and with the largest potash deposit sitting right on their doorstep it does
seem like a no brainer. It will be interesting to see what the latest drilling in Officer brings and the SP could go really fly if they find potash mineralisation at shallow depths.

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Brine sentiment is at rock bottom. Officer is an extreme long shot but a result at this current time would be very significant.
The harsh reality is the exploration will turn out to be a further reason for delays at KL.

A significant rock SOP deposit would almost certainly change the direction RWD takes.

RWD Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

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