RWD 0.00% 4.5¢ reward minerals ltd

todays report out how come no one hasnt ment, page-8

  1. 13,176 Posts.
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    SB2000 they hold a ~24mmt JORC compliant sulphate of potash resource in a nation that is 100% dependent on imports from potash suppliers that are 100% dependent on cheap natural gas to produce the stuff. Reward will utilise the evaporative power of the sun (read free energy and small infrastructure project) meaning the CAPEX requirement to get to cash flow is a measly figure every junior miner on the ASX would give their left t#sticle for. Freight costs will be significant giving RWD will rely on trucks but it also means that the logistical costs of getting product to market are paid for on a per tonne basis and not with a massive lump sum up front infrastructure payment (ie as with rail). You pay as you earn ... an ideal funding arrangement for the current climate ...

    And a virtual guarantee the underlying commodity's price will do anything but deflate in price ... potash consumption is linked to the sustained human population base. If potash demand is dropping it is because people have decided to stop eating ...

 
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