PGC has agreed to make a strategic investment into Raiden through a $3 million share subscription,
comprising of the issue of 230,769,230 shares at an issue price of $0.013 per share (“Vendor
Placement”.
So who is PGC?
Your new investors are Tim Neesham, Tolga Kumova, Peter Gianni and Rob Jewson. No strangers to 10 baggers.
The ground being acquired is likely some of the best in the Pilbara and hosts a range of the same structures that have put DEG on the map. The Millindinna intrusion in the blue on the below map shows the similarities between the DEG and RDN acreage in terms of intrusive structure, the lines in black are the major faults.
“Gold occurrences in the region are commonly sediment or intrusion hosted and associated with anticlinal axes, particularly where they intersect major fault or shear structures”
So the neighborhood now consists of
RDN ~ $45m MC diluted
KAI ~$130m MC
DEG ~$1.8b MC
(others I've not yet had time to plot)
- Forums
- ASX - By Stock
- RDN
- Ann: Substantial Pilbara Gold and Nickel Portfolio Acquisition
Ann: Substantial Pilbara Gold and Nickel Portfolio Acquisition, page-34
-
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RDN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.9¢ |
Change
-0.002(6.45%) |
Mkt cap ! $91.57M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 2.8¢ | $674.2K | 23.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3368962 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 776777 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3368962 | 0.029 |
21 | 5192953 | 0.028 |
7 | 2014007 | 0.027 |
3 | 1307306 | 0.026 |
10 | 7357142 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 776777 | 9 |
0.031 | 2333650 | 7 |
0.032 | 2209752 | 6 |
0.033 | 2399284 | 12 |
0.034 | 1956250 | 10 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
Featured News
RDN (ASX) Chart |
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online