Have you looked at the charts of all the WA SOP companies? RWD looks worse because it was so high back in 2008 and later when BHP was looking to takeover a major Canadian producer. In times past the ASX stocks were traded when global fertilizer prices were rising. Not anymore with the exception of SHP. With reference to done more than many think, they have done a few things which others have done/are doing at DFS/FEED level. They had their PFS reviewed last year. They are shovel ready with respect to major red tape.
RWD Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
