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.
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Open | High | Low | Value | Volume |
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3 | 225468 | 0.060 |
1 | 40000 | 0.059 |
1 | 25000 | 0.058 |
2 | 45965 | 0.056 |
Price($) | Vol. | No. |
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0.070 | 50000 | 1 |
0.074 | 50000 | 1 |
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