RDN 0.00% 2.6¢ raiden resources limited

Daily Discussion, page-211

  1. 130 Posts.
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    $6 MILLION from recent raise will be plenty for a decent size drilling campaign.

    Obviously many will be eager to see what lies beneath... but worth repeating that Azure only had 1 rock chip result of over 1% before the drill uncovered the monster resource below.

    I predict Raiden will leg up multiple times over coming weeks & months on neighbouring newsflow & especially on our own rock chip results, if as positive as expected.

    Other triggers could include:
    - Asset sales of non core mining leases
    - Takeover offers / Speculation
    - On market stakes taken by Neighbours / Instos (potentially already underway due to recent buying pressure)

    I believe the above could value us 6.7 Cents (150 mil MC) before drill results.
    Beyond that the drill will dictate the future.
    Look at all those juicy targets tho!!

    Grub

    https://hotcopper.com.au/data/attachments/5573/5573610-461145779f8d7db8aa835528f3f29ccc.jpg



    Last edited by asxgrub: 10/09/23
 
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