Ann: Binding Offtake with Leading U.S. Fertiliser Company, page-27

RWD has the environmental approvals that AMN needs.
RWD doesn’t need any more NT agreements unlike AMN.
RWD resource grade is substantially higher than AMN (14Kg/m3 v 8 Kg/m3).
Reward geologists have been on both lakes. RWD didn’t keep MacKay.
A research report on RWD written by the AMN CEO before Blackswan merged with Euroz is probably what got Savich excited about SOP.
Reward under current management won’t be spending money on this sort of research.
The guy that runs RWD keeps buying shares in his own company, hasn’t taken his salary and has lent the company his own money. He did the maiden JORC at Mackay. He clearly has a preference. He was also the guy that started the sector in WA.
Why does RWD not appear to be progressing, good question.
As far as I’m concerned progress at AMN is good for RWD.