Potash company Reward Minerals (ASX:RWD) has been granted a trading halt by the ASX, pending the release of a Scoping Study.
Reward is focussed on the LD Project in Western Australia, and recently said that the Scoping Study parameters will assume:
– Brines are drawn from a combination of trenches and bores;
– Brines will be evaporated with salts then harvested and the raw harvest stockpiled; and
– Following processing SOP product is expected to be hauled on road trains to port.
The halt will remain in place until the opening of trade on Tuesday 7th April 2015, or earlier if an announcement is made to the market.
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