Try refuting the points I raise, rather than ad-hominems. I'm used to receiving such when I state things that contradict the biases of stock holders.
The slight uptick in buying over the last few weeks more likely due to the overall recovery in Li/commodity stocks over the same period imo.
It's more of a 'hypothesis' than a story as I give reasons for my prediction. It's important to try interpret announcements in what they say and also what they leave out. If they had made a large discovery, they probably would be showing photos of large spodumene crystals along with a trading halt and that they would be expanding drilling around the high-grade discovery, but instead there's a 'non-sensitive' announcement with little detail.
Targets 3,4 are not close to Target 7 so unlikely part of the same swarm. The capital raising announcement only states that they would be drilling targets 1,2,7 so the fact they're also expanding to drill targets 3,4 as well looks desperate to me.
RDN Price at posting:
3.2¢ Sentiment: None Disclosure: Not Held
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