Daily Discussion, page-61

So many SHORT SELLERS these days, crying crocodile tears over the share price.

If you don't like RDN, don't buy it!

I'll bite:
LPM's drill result is 60m true width and starts 600m underground. The CAPEX for underground mining is huge when compared to strip mining from surface.

The other thing that's ridiculous is comparing market caps to LPM who only announced there strike today.
64% up intraday, closed 26% up.
Atleast give the market time to rerate before comparing.

People are generally smart these days. They can see the potential & weigh up the risk.

HUGE REWARD POTENTIAL HERE.

I believe AZS will have a Processing Facility built next to us eventually. This DERISKS RDN Materially.

I believe (if RDN's resource isn't high quality) the normal industry standard for FID & mining of our resource will be somewhat lowered due to proximity to said Processing facility.
0.5% - 1.0% Lithium a stones throw from a processor would not be ignored.

GLTAH
Grub