RWD 7.81% 6.9¢ reward minerals ltd

Where to from here

  1. 228 Posts.
    lightbulb Created with Sketch. 24
    where to from here??

    Hello all long term reward holders, with a world class resource now proven where do we see our selves 12 months from now? My speculation is that we will be rolling in cash from a major take over. Major companies such as RIO, BHP, etc have an aversion to risk and are generally happy to pay a premium when a resource is proven and ready for production. Can rwd satisfy these needs in less than 12 months maybe but I doubt it. Will they see what a pearl this resource is and what a great fit it would be to there current iron ore operations? Logic would say yes but as we all know logic is not always a board room strength of major international companies. Still it is fun to speculate and star gaze to what the future holds for rwd.

    My dream is a cash take over at $ 5 to $10 per share this would be life changing for me and I imagine for most long term holders. Let's live the dream!!!

    Cheers NS
    Dyor
 
watchlist Created with Sketch. Add RWD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.