Put it this way using Agrimins (new) numbers Reward will...

  1. 10,535 Posts.
    lightbulb Created with Sketch. 300
    Put it this way using Agrimins (new) numbers Reward will comfortably recover 9mT from 0-2m...the fact Reward are getting little draw down means that they will likely get more than this as the surrounding aquifer drains in. Reward gets the same if not a better result from a smaller area. Agrimin requires every last sqm they have and 550km of trenches...which means much higher operational risk imo.

    I'm surprised the market is rating Reward at $25m and Agrmin at $140m given LD is a better deposit. Maybe I have it wrong but I'm willing to find out...
    Last edited by Panda7: 09/05/18
 
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