It is difficult to compare the two SOP projects. Both have unique risks, but what are the advantaes of RWD?
Both have sovereign risk - one perceived Middle East instability and other possible native title issues.
Telfer gold mine has in the past been isolated for months because of the flooding of the Telfer Road. RWD have 400 km of gravel access road vulnurable to flooding. Any project on a lake beds increases risk of flooding. RRL's north Laverton mines were flooded for months with one big downpour.
I would have preferred RRL to have developed the Lake Waukarlycarly resource first - they would have access to sealed road and would be 600km closer to port. GLTAH
RWD Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
