Sorry to hear of your losses. The solace is they don’t reflect changed fundamentals for RDN. The potential is still there, just need permitting approvals (outside company control) before we can start drilling. Rock chips confirm pegmatites and high grade lithium. AZS has de-risked likely geometry and widths.
All lithium stocks have been hit in the last 2 weeks from the drop in the lithium price. This is not sustainable given the supply shortage expected in coming years. It’s like the games that get played with iron ore prices from time to time.
RDN Charts, page-440
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $79.01M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.5¢ | $335.6K | 13.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 4611967 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 1271778 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RDN (ASX) Chart |