Australia's largest stock trading and investment forum Australia's #1 stock forum

RWD

Click for more information

6.25%

6.8¢ reward minerals ltd

Sevo - next funding round, page-5

First 5 Last

Share
Profile

Follow
ddzx

37,911 Posts.

828

14/08/20

07:31

Post #: 46531241
Share

Originally posted by Slimbo79 ↑

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

Expand

yes... it appears their cash vs liabilities position is negative

MR loaned them $1 million

RWD Price at posting: 16.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

There are more pages in this discussion • 43 more messages in this thread...

First 5 Last

Add RWD (ASX) to my watchlist

(20min delay)
Last 6.8¢		Change 0.004(6.25%)		Mkt cap ! $15.49M

Open	High	Low	Value	Volume
6.4¢	6.8¢	6.4¢	$6.256K	96K

Buyers (Bids)

No.	Vol.	Price($)
1	15384	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	40000	1

View Market Depth

No.	Vol.	Price($)
1	15384	0.065
2	100000	0.064
1	100000	0.063
4	303284	0.062
4	506533	0.060

Price($)	Vol.	No.
0.068	40000	1
0.070	20000	1
0.072	9000	1
0.078	10000	1
0.079	309133	1

Last trade - 14.16pm 31/10/2024 (20 minute delay)

RWD (ASX) Chart