RDN raiden resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-29

  1. 6,114 Posts.
    lightbulb Created with Sketch. 5830
    Newbie,

    Had they waited for assay results, 5000m by end Nov.

    Doing the cr, most likely 15,000m by end Nov.

    The 10,000m difference likely the difference between modest strike and full strike on zone 1 at least , plus more depth to it.

    The difference might be a modest cap versus a large cap come Nov end.

    This cp raise was urgency to get more meters done in the same time frame.

    Dusko is looking at proving up resources by fast tracking.

    The market cap will follow the level of success as mentioned above.

    You have to remember Rinehart will be watching raiden very closely.

    I'd also think Rio as there rail line is close and also because they are on the hunt for lithium now.

    The Lithium sector has bottomed I think, we generally see big miners move on resources when they think it will get better.
 
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