RWD 1.67% 5.9¢ reward minerals ltd

Mick and his colleagues had early mover advantage and recognised...

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  1. 901 Posts.
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    Mick and his colleagues had early mover advantage and recognised at an early stage in the project that the flotation process was not commercially viable.
    While all the other Australian SOP players kept moving forward with the flotation process Mick and his team spent two years in the lab developing a process that has been patented and which overcomes the limitations of flotation. At the same time their new patented tech is able to produce SOP from sea water and the discarded bittens from seawater desalination companies.
    There are a number of companies on the Australian West coast that are likely candidates for the RWD tech and its only a matter of time before a deal gets penciled with one of more of these companies.
    With Mick still buying from the market he’s keeping the shares tightly held and also showing his belief in the potential of the tech they have.
    They believe that the tech they’re got is a game changer for the industry so, IMHO, with the shares being tightly held imagine how the SP will react when a deal/s get done and when the process is proven at scale…..massive potential and the SP should skyrocket IMHO.
    Just my views - DYOR
 
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