At current share prices RWD gives basically the same exposure to the Karinga JV, the market caps are about 27m versus 24m. Outside the JV, RWD has two potentially world class proven resources, RUM just drilled dusters on its copper exploration and is spruiking a bit of a dog of a phosphate project. I know where I'd prefer to get my exposure to this JV.
If you look at the two tenements making up the JV, the Western tenement which was RWD's contribution has by far the better looking lake system, more lake surface area, a much greater cluster of lakes and higher grades from sampling. RWD held the tenement for a few years so you have to imagine Ruane doesn't think a lot of the potential, or at least not compared to LM and LD.
- Forums
- ASX - By Stock
- RWD
- cheese and whine
cheese and whine, page-17
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RWD (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.8¢ |
Change
0.001(1.75%) |
Mkt cap ! $12.98M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 5.8¢ | $3.48K | 60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 16425 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.057 |
1 | 10000 | 0.055 |
1 | 164375 | 0.053 |
1 | 19350 | 0.050 |
1 | 13750 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 16425 | 1 |
0.060 | 244000 | 2 |
0.065 | 50000 | 1 |
0.070 | 20000 | 1 |
0.075 | 40000 | 1 |
Last trade - 11.07am 21/10/2024 (20 minute delay) ? |
Featured News
RWD (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online