Ruane playing his cards close to his chest. The revised financials must be ready by now? The cost blowouts at KLL are a concern and it clearly isn’t the best time to build. The KLL feasibility was significantly inaccurate and RWD’s conservative numbers will protect against some of KLLs cost increases.
I still think RWDs steadfast plan to build a large, simple operation (from day 1) is the best plan.
RWD Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
