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RWD - Reward Minerals

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Massive increase today 1.111% :)

Volume increasing as RWD moves closer to a judgement on native title

Potash prices still holding and talks of BHP sniffing around canadian producers

Monsanto reporting on full year profits in the states tonight

I hold so dyor as im biased ;)
 
To think that it all rests on the onsite meeting on moday (bearing weather,illness, mood, ect of the martu people)with a judgement wednesday?

Still have further drilling results to come out of south carnarvon, which in themselves could be company making.

Short term all eyes on the next ann, a stubborn bunch of holders,wont be able to stop a plunge back to the .040s imho if news is bad.

Good news and well, a return to prices of old?hard to say times have changed

A reading of past posts from start to finish might be a good way to fill in a rainy weekend :)
 
Another 9 odd % today

Looks like a few daytraders now on board:eek:

100,000,plus traded today

Tomorrow should be interesting especially towards the close

I probably should offload a few tomorrow just to be on the safe side,then again if news is good Greeeeed:)
 
Ok no need to panic (he says to self)

Down 15.625% today with 172,205 shares traded
Wishfull thinking, its only daytraders and t+3 traders and short stops getting hit?
Other side of the coin further delays and those in the know getting out temporarily to fight another day

Time will tell
Good luck to all holders
(i hold so postings might be construe to the positive):eek:
 
Today SHOULD (and thats a mighty big should) be the pre-meeting for the arbitration between the Native Title owners and RWD.

Assuming the NT's show up (which they haven't the past three times I believe) this process MAY get some forward traction.

We'll see - cross your fingers, knees and toes. :)
 
No news at this stage

Down 5.5% approx with 32,650 traded today

Will tomorrow bring a result?

Holding on tight :eek:
 
Still waiting on announcement

Up 9.24% today with volume increasing to 233,243 traded
Closed at 0.65c

Waiting Waiting:)
 
Still waiting (ground hog day)
220,000 traded today with a strong close of 0.70c
Looks like someone exiting with most shares bought at the 0.70c mark today
 
RWD hit 75c for a while today before finishing at 70c again. waiting waiting ... can't be too far away now
 
Hit 0.83 on close - a 30% increase on a days worth of trading.

It looks like there are buyers out there that are taking the punt that the native title issues have been resolved - not that insider trading ever happens on the ASX....nooooo (insert sarcasm here).

Either way prices for Potash are remaining high and steady, POT in the US/Canada is increasing in worth daily - I am waiting in anticipation of the potentially very bright future that RWD has on the cards.

Again - DYOR - I'm just an internet ret@rd. :)
 
Still waiting:eek:
Share price floating around
Down 10% @0.59c 160 odd thousand traded today

Ok back to sleep
 
:eek::eek:i finally bought in to RWD, moments later.. a trading halt

hoping for some good news on monday to say the least...
 
trillionaire#1 said:
:eek::eek:i finally bought in to RWD, moments later.. a trading halt

hoping for some good news on monday to say the least...
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Strange there was no reason attached to the ann.

I suspect a decision on the Martu thingy. It's due.

If so, it's a major turning point for RWD imo. One way or the other..
 
judgment handed down denying reward the granting of a mining lease at lake disappointment [at first instance]

looks like reward had better put an agreement proposal to the martu people that is more attractive than any they may have previously put forward

...

in respect of the Company’s application for Mining Lease 45/1171 at Lake Disappointment that “the Act must not be done” meaning that without consent of the Martu Native Title Party the Mining Lease application must not be granted to Holocene Pty Ltd/Reward Minerals Ltd

...

Communications with WDLAC/Martu in respect of a Mining Agreement have been ongoing for several months but no resolution has been forthcoming as yet

...
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addendum - interesting sell-off in rwd this morning prior to ann on large volume (for rwd), currently in pre-open and not looking good [opened @.745, indicative price currently .49]

cheers :)
 
happytown said:
judgment handed down denying reward the granting of a mining lease at lake disappointment [at first instance]

looks like reward had better put an agreement proposal to the martu people that is more attractive than any they may have previously put forward

cheers :)
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My reading of that is that Lake Disappointing, is dead.

Am I right?

If so, STBs neighbouring claim is dead also.

The sacred potash, remains sacred.

Long live in antiquity, Martu.

:banghead:

Or, I've read that wrong?
 
not necessarily kennas (although not the news rwd holders would have wanted)

rwd have to come to an agreement with the martutians which

includes commercial terms acceptable to the Martu people ...
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as to the decision rwd

is currently assessing the 81 page ruling and assessing its options in the matter ...
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balls in rwd's court

addendum - it is however currently getting smashed sp-wise, currently .35, down 50%

cheers :)
 
I'm quite frankly disgusted with this outcome.

What should have been a poster child of how mining and native peoples could both benefit has turned into a complete sham where the greed of third parties, the inadequacies of a system and out right insider trading selloff's prior to the announcement all became transparent.

I reckon we'd all have more luck at the Crown Pokies these days than the ASX.

As Obi Wan Kanobi said - "You will never find a more wretched hive of scum and villainy. We must be cautious."

END RANT.

From what I can gather the tribunal didn't (or didn't WANT) to get their hands dirty and make a hard call that would infuriate the left wing liberals out there, so they basically put the onus back on to the parties at hand to go back to the negotiating table and sort this mess out.

I hope this time the next "agreement" is actually worth more than the paper it's written on.
 
Michael Ruane is having a hard trot at the moment. It seems he's been selecting some aweful things to get inviolved in. How did he get to this position to start with? :confused:

In regard to arbitration, one side played too hard. The Martu should be happy with anything they get. Like a school.
 
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