RWD 10.7% 2.5¢ reward minerals ltd

humorous speculation, page-24

  1. 630 Posts.
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    The immediate targets for RWD are Lake Dora, Karly and Lake Disappointment itself. Another that could be v. significant is the Officer Basin where RWD now has access. Some thoughts that the conductivity map could point in that direction.

    The brine flows recorded to date looks good and probably can be improved with better drilling kit - harder to find areas of questions regarding viability of this project.

    In terms of production inputs the cross sections do show substantial clay areas and Newman has a 200MW gas fired plant with a local grid. Some distance but a 66KV line is not that expensive.

    Upgraded to LT Buy from Hold.



 
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