RWD
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2.56% 4.0¢ reward minerals ltd

panda74 times evaporation rate is whats on an old...

  1. PHIL1
    1,517 Posts.
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    11/09/12
    18:50
    Post #: 10703680
    panda7

    4 times evaporation rate is whats on an old stockbroker
    report.This info has been superseded by the recent evaporation trial as detailed in 31/7/12 qtly report
    where it took only 49 days.From recent compass minerals
    presentation their evap. cycle takes on average 3 years
    therefore our evaporation rate is

    (3x365)/49= 22 times compass minerals

    our opex/capex will be a fraction of compass minerals
    RWD Price at posting: 78.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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