RWD reward minerals ltd

Hi SevoHave you put any thought into how much they're likely to...

  1. 58 Posts.
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    Hi Sevo

    Have you put any thought into how much they're likely to need to raise to get the DFS done?

    Looks like Agrimin raised A$10m specifically for that a couple of years ago, and a similar amount since then, but it sounds like Reward's PFS is more comprehensive than most. And Reward seem to like doing things more economically than others.

    I know there are important differences between the two projects (largely in Reward's favour), but it feels like the short-medium term potential (within the next year or so) for Reward should be to at least get to a similar market cap as Agrimin's? So c.4x from here if there was no funding requirement, but clearly there is...

    Thanks

    Slimbo

 
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