reward minerals shares soar after potash negot, page-35

Certain share prices easily accommodate financing

eg EXT

$1.5b in financing required

can be acheived by issuing 150m shares at $10 each, which is insignificant dilution in respect to potential profits

or 75m shares on 50% equity financing

ELM is the same

ELM has just started

$5 share price is possible by end of 2011

issing 80m shares at $5 covers 4/7 of the financing

80m shares is nothing

as for RWD, FIRB would not allow a Chinese takeover

RWD is too small for RIO or BHP

looks like the RWD development will be in the hands of Dr Ruin and Col McCavana

oh dear