RWD 18.5% 3.2¢ reward minerals ltd

Ann: REWARD SIGNS EXCLUSIVITY DEED TO ACQUIRE BEYONDIE PROJECT, page-19

  1. 148 Posts.
    lightbulb Created with Sketch. 28
    I love the optimism being expressed above.
    Based on the announcement I just don’t see any significant share price momentum occurring until the RWD process is proven to work commercially. I hope I’m wrong but I think there’s been too much financial damage done in the sector/WA for momentum to be based on anything other than hard evidence. We just need to be patient as we have been.
    The cap raise might be a great opportunity to bring in a cornerstone investor to help fund the project. I expect there will be significant costs to get through to commercial production and an uncertain timeframe to deal with.
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.