I wouldn't hold your breath. It took them (Rio) nearly 18 months just to put 2 holes into the ground, that were utterly underwhelming. the news coming whichever week now is in relation to an electro magnetic survey. I mean of course it's going to show up 'something'. Have you ever seen any of these surveys not spruiked by a company? But then how many more months will it take Rio to put another 2 holes into the ground while Raiden spreads its finances thin with the rest of its asset hoarding going on.
Shareholders may as well focus on the other projects now. The Rio one is a free carry basically but among the rest the company should start to really target which ones are of most importance to commit and streamline funds towards. Otherwise how are they going to get the market excited with a hoard of underexplored prospects,versus one or two that they actually get some momentum with.
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