RWD 5.88% 8.0¢ reward minerals ltd

"Instead of whining we look at realities." Your definition of...

  1. 1,213 Posts.
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    "Instead of whining we look at realities."

    Your definition of realities is obviously a lot different to mine .... for mine, the realities are that RWD has had a resource for a decade & has not managed to get into production yet ..... in fact they haven't even produced an ounce from a pilot yet

    Whereas your "realities" are in fact just conjecture ....
    "Commodity prices will slowly increase now over the years"
    "The commodity cycle is now turning back up."
    "That puts reward in a great position to begin production leading into the next peak."

    But the doozy of all is your theory that ... "If they were in production already they would probably still be 30c."
    If you truly believe that claptrap why would you hold any RWD at all .... for surely there is no upside for RWD other than the pure hope, presumably, that SOP price will rocket at some point & that, miraculously, RWD will be in production by then.

    At current SOP prices RWD would have an enormous margin (if a producer) & a REBIT of multiples of today's share price .... yet you would have us believe that would make no difference to the share price ?

    Finally, "Check out other mining stocks like BCI, etc"
    Last time I checked, BCI was an iron ore play but regardless, it started the year at 10cents & is currently 19 cents, a 90% increase.
    Now let me remind you of RWD's performance this year .... started the year at 60 cents & currently at 32 cents .... mmmm that's a drop of near on 50% .....

    So your point in suggesting a comparison of share prices between BCI & RWD is ???
 
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8.0¢
Change
-0.005(5.88%)
Mkt cap ! $20.49M
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8.5¢ 8.5¢ 7.8¢ $35.44K 446.9K

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9.0¢ 240000 2
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Last trade - 14.19pm 19/11/2024 (20 minute delay) ?
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