Hopefully the completion of the heritage survey can push us back to around the 90c level. That announcement surely must be quite close.
Plenty of stuff going on as per the quaterly - that probably surprised a few.
LD probably has a NPV of around $500m, with a relatively small capex and short time to production. LM is probably pretty similar. Don't forget we have the following projects: Lake Disappointment Lake Mackay (is it possible CDNTS will be left out of the picture? we know the TO's want a deal) Officer (promising discussions taking place - a huge MOP target) Adavale (confirmation of a JV - most likely a 49/51 interest) Karinga Lakes (small but has potential - RWD only a small % ownership)
HEAPS to be excited about IMO. Patience as always is the key with Reward.
RWD Price at posting:
75.7¢ Sentiment: LT Buy Disclosure: Held
