RWD's only saving grace is that its resource is SOP not MOP.
Financing dilution is the big problem now if if company wishes to advance anywhere towards developing the resource.
I can't see how the company can be a great investment for shareholders looking at all these factors, ie potash pricing, financing, opex costs with a rising oil price and weak $AUD. It seems all possible factors are against it.
cause for optimism, page-4
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Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.886M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7298 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 7500 | 1 |
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