G'day true believers,
I've had a bit of a read through the Geoscience report mentioned in Reward's quarterly. It's a long read but there's a but of info in there regarding the new tenements RWD has applied for.
Link to the report: http://www.ga.gov.au/webtemp/image_cache/GA18513.pdf
Page 139 talks about Palaeavalleys and it appears they are 150m deep. If indeed there is high grade potash here this could be a game changer. Note that Lake Waukarlycarly is much closer to port and there is an existing road not too far away. I've spoken to the company recently and they are excited about the potential. Hopefully we can grab some samples shortly and get permission to drill in the not to distant future.
Here's to hopefully a continued strong finish for RWD in 2013 after what has been a shocking year from a share price point of view.
New must be close?
Cheers,
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