RDN 3.33% 3.1¢ raiden resources limited

Daily Discussion, page-815

  1. 5,591 Posts.
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    Mvc, won't if they get decent lithium in the 230 odd chip samples due.

    300 chip samples overall is not many, I'd not be surprised to see 1000 across andover south and Mt sholl alone.

    And those could be dropped any day because there first 80 was done that way.

    Remember they were marking pegmatites at Mt sholl also.

    Fair value for raiden is 5.5c for Mt sholl ni.

    Mt sholl is the largest undeveloped open pit table ni deposit in the pilbara and much larger than azures andover.

    It may not be chased, ie. Ni. But it does provide a valuable asset as surity here to keep raiden above 3c on the low.

    Mt sholl MRE came out, higher twinned results, but they did the 0.3c cr before it which prevented at that time any value add for the ni mre.

    Then we have arrow, Degreys hemi deposit is just 30km away, golden road moving to 20% of Degrey and Degrey moving to 20% on many novo tenaments.

    Raiden is right in the middle of that up there, also a sheer leaves novo in the east and runs into arrow, plus intrusions.

    Degrey has intrusion deposits.

    I'd be watching golden road abit here as azure li connection is only part of the value of Rdn.
 
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