DJ MARKET TALK: Reward Minerals Extends Gain On Martu Agreement
0015 GMT [Dow Jones] Reward Minerals (RWD.AU) extends gain, rising 4.0% to A$1.42, more than tripling in less than two months. Powerful 42% surge so far this week driven by news of groundbreaking agreement with Martu people on financial terms covering native title issues that allows RWD to expedite development of Lake Disappointment potash project in Western Australia. More broadly, "the dramatic increase in the international potash prices over the last year has...greatly enhanced the value of the Lake Disappointment project and the incentive to proceed to production as soon as possible," RWD Director Michael Ruane said Monday. (RCB)
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(END) Dow Jones Newswires
April 01, 2008 20:15 ET (00:15 GMT)
Copyright (c) 2008 Dow Jones & Company, Inc.
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Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.24M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72026 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 232000 | 3 |
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