RWD reward minerals ltd
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...the current in ground valuation of drainable SOP at LD.The...

  1. sevo
    7,080 Posts.
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    16/10/19
    11:26
    Post #: 40905867
    ...the current in ground valuation of drainable SOP at LD.

    The upper 6 metre resource from the which the reserve will come is valued at $1.12/T.

    In comparison, SO4 on a Lake Way standalone basis, is valued at $22/T drainable. This is for the entire Lake Way resource, not just the top sequence.

    71% of Lake Way is being recovered from trench so it can't be 'unproven' technique putting investors off LD.

    A massive valuation gap exists between RWD and every ASX peer!
    RWD Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $11.70M
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1 5000 4.1¢
 

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Price($) Vol. No.
4.3¢ 5710 1
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