The value proposition in terms of the entitlements is all down to what can be achieved by RWD in the near term, take that to be the period of time before the new options expire. If RWD can prove their process works at scale and then go on to produce at scale at Beyondie without further significant capital investment then the options should be in the money and share price somewhere between $0.10 and $0.20. If the RwD process doesn’t work, then we better hope that scrap metal has a 50 fold increase in value. If the process works at Beyondie then at least the Government investment via KLL won’t have been a total write off with still something to show and an industry established.
RWD Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
