Did anyone read the quarterly? Although the Officer Basin project doesn't interest me too much at the moment, I am happy to see an agreement was reached with RWD and the Martu over this land. It would seem as though the relationship between the two parties is strong, which is very important, especially for further progress at LD.
LD Progress: "In this context, Reward recently executed a Land Access and Mineral Exploration Agreement with WDLAC on behalf of the Martu people which will allow grant of Exploration Licences E45/3246, 45/4090 and 45/4121 and exploration of the ground by Reward in the near future (Figure 1). The Company intends to explore these tenements for Potash resources and also for (process) water supplies required for project development."
And progress at the Officer Basin Project too:
"Recently, the Company executed a Land Access Agreement with WDLAC covering Exploration Licences E45/1928, 45/2599 and 45/2600 (Figure 4) which will result in grant of these licences and allow exploration activities to commence following Heritage Clearances. Following execution of the Access agreements, Reward will rationalise its Landholdings in the area and withdraw some of the less prospective licences.
RWD Price at posting:
20.6¢ Sentiment: LT Buy Disclosure: Held
