RWD 3.45% 14.0¢ reward minerals ltd

shaw stockbroking

  1. 12,639 Posts.
    This is from Shaw Stockbroking-

    REWARD MINERALS
    (RWD)
    RECOMMENDATION
    @ $1.01 ST: BUY LT: OUTPERFORM
    TL
    KEY POINTS:
    o
    Emerging potash
    producer.
    o
    Substantial potash
    resource established.
    o
    Currently all potash
    is imported into
    Australia.
    RWD is looking to become a potash producer at Lake Disappointment, WA where a substantial
    potash resource has been delineated. Currently over 400ktpa of potash is imported into Australia for
    use as an agriculture fertiliser. RWD is currently undertaking technical studies with a view to initially
    produce 200ktpa of Potash as well as exploring for suitable buried deposits at a number of locations.
    We recommend RWD as a Buy on the basis that a successful potash operation should quickly
    establish a significant market share owing to the high cost of potash imports.
    Please see report published yesterday for full details.
 
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Last
14.0¢
Change
-0.005(3.45%)
Mkt cap ! $27.22M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $15.08K 108K

Buyers (Bids)

No. Vol. Price($)
3 105750 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 137222 3
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Last trade - 14.06pm 05/03/2021 (20 minute delay) ?
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