P
The point I was trying to make is that the same operation is highly likely to have the same capex and very similar profitability whether it takes place on Karly or LD. The difference being the mine life.
Of course there is potentially a big difference in resource size and attractiveness to major investors. Hopefully this is eventually reflected in the SP.
MR had said that interested parties wanted he resource at LD firmed up. This looks like it is going to happen at one or both projects.
Please note I am excited about Karly but at this point in time I'm not assuming the evaporative chemistry will mimic LD, I am not assuming the omission of flotation will apply and I appreciate that some of what MR presented was conceptual. Obviously it would be a perfect scenario if Karly could be fast tracked using LD trial work and the Karly drilling validates the concept of brine to 100 metres.
Cheers
- Forums
- ASX - By Stock
- RWD
- Ann: Company Presentation
Ann: Company Presentation , page-23
-
- There are more pages in this discussion • 20 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
|
|||||
Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $8.886M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.9¢ | $780 | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7298 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 7500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7298 | 0.039 |
1 | 200000 | 0.037 |
1 | 40000 | 0.035 |
1 | 100000 | 0.029 |
1 | 50000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 7500 | 1 |
0.061 | 10000 | 1 |
0.077 | 132000 | 1 |
0.130 | 27227 | 1 |
0.000 | 0 | 0 |
Last trade - 10.39am 03/09/2024 (20 minute delay) ? |
Featured News
RWD (ASX) Chart |