RWD 18.5% 3.2¢ reward minerals ltd

Ann: Resignation of Chief Executive Officer, page-51

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    It’s not.
    At DFS stage with all approvals and Native title in place.
    Updated financials expected as per last quarterly.
    The PFS has been reviewed by a leading global EPCM company, see last quarterly.
    Major project status awarded.
    NAIF funding is almost certainly guaranteed but as per my comment over on KLL this is a different proposition to KLL.
    Financing and offtakes are the major remaining risks ahead of development.
    On paper this project has the lowest capital intensity in the sector by a significant margin. The PFS financials are highly conservative.
 
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