Exactly pagarsi, as we discussed it was quite likely that the shareprice wouldn't do much even if the resource update was significantly higher than what all were expecting. I was expecting 5-10x the existing so to be more than double the max that I was anticipating is .....wow !!!
Many are disappointed that the SP didn't fly into the stratosphere on the news but for me it wasn't about today's SP, for me I now know that I have invested in a company that has the largest SOP brine resource of anywhere in the world and that is not factoring any other tenements outside of LD.
The reason I am invested in RWD today only became more clearer and enhanced and what a great opportunity was presented to those interested in RWD but not yet in !!?...there will be some that view today's response as a failure but was todays action shaking out the weak hands, what better way to tempt the less committed than to have a down day on great news !!
Okay, so we've had Potash boom 1 and 2, will we get Potash boom "3" IMO absolutely and when it comes, if not taken over before then, we will have a defined world class resource to be fought over!!
RWD Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
