RWD reward minerals ltd

Illogical anxiety

  1. 2,240 Posts.
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    Anyone else feeling a tad anxious right now? This announcement we are waiting for is possibly in many ways, the announcement we have been waiting for for years. The results have to move us forward don't they? The brine simply can't stop at 4 metres when it goes down a hundred or more in the channels. Logic tells me this - but I still feel anxious.
    I had shares in an oiler which was drilling a previous find which had been plugged and abandoned as uneconomic at the time it was first discovered, we were drilling when oil was over $100 a barrel, the find was very profitable. Why was I nervous as the drill went down? It had to be there, it had already been discovered, it can't have gone anywhere, God didn't move it when no-one was looking. It wasn't there, they found nothing. The sixty cent sp went down to 0.6 cents. a neat one hundredth.
    Perhaps this is why I am anxious today. The results of this and subsequent drills could put us on the world map in a very big way. The most optimistic view is that we could be the largest and cheapest to exploit SOP deposit in the world. The pessimistic view? Surely the most pessimistic view still has us substantially ahead of where we are today resource wise.
    IRC has a significant shareholding in RWD it is not moving today. This is not helping my nerves.

    Perhaps RWD will contrive to put out another inconclusive announcement, 'promising but needs further...'. After all this is what we have managed to do for the last six years.

    Good luck to all holders new and old as we wait the anxious hours.
 
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4.0¢
Change
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Mkt cap ! $10.88M
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No. Vol. Price($)
1 40000 3.8¢
 

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Price($) Vol. No.
4.6¢ 185900 1
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Last trade - 16.21pm 18/09/2025 (20 minute delay) ?
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