It was always highly conceptual. Comments at an AGM suggested the exploration attracted government funds so not all lost. The question is how important is the potential paleo valley to the overall plan. The upcoming quarterly should leave RWD with close to $3M including the loan which is enough to keep things ticking over for a significant period if activities remain low. I feel we are at the mercy of success/failure at KLL/SO4. They keep on admitting to mistakes and production keeps getting pushed out. Hardly an environment to attract partners and funds even if RWD has a superior resource and simpler project.
RWD Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
