RWD 8.45% 7.7¢ reward minerals ltd

rwd vs pwn, page-25

  1. 37,911 Posts.
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    no problems Sevo

    i actually exited PWN on the same grounds as you put forth

    i had a swim this morning, returned at about 9.30am, then ran the ruler of the PWN gross numbers, took a very small position at 29 at open & then got occupied with AKM

    returning to PWN, i bought another small amount at 27.5

    then did some stuff

    then in the arvo took another look at the announcement

    Aluminium Sulphate makes up around 50% of the revenue

    i decided to exit my 10k shares at close

    why spend $1B to produce Aluminium Sulphate?

    the SOP makes up around 14% of the forecast revenue

    no way PWN will ever be the next Potash Corp, producing 143,000tpa of SOP

 
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