RDN raiden resources limited

Ann: $10m institution led raise to accelerate and expand drilling, page-690

  1. 6,125 Posts.
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    Rattle,

    Much is interesting really.

    I think raiden being a takeover target, dusko will play his cards close to his chest.

    The risk with drip feeding results, is a cap slowly increasing as story unfolds.

    Versus full hand in one hit.

    Back in time, spectrum drilled deep at pennywest and hit pay dirt.

    They had plenty to do.

    They were in litigation, from memory with rox.

    The day after litigation ceased, ramelius announced a bid.

    Very next day. So ramelius had already decided spectrums value and waited.

    I think here if raiden gets x width, x deep, x strike, indications on zone 7 etc.

    Azure will move like ramelius did, esp if raiden is under 200m cap.

    What do you think about drip feeding results, versus full hand in one hit?
 
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(20min delay)
Last
0.5¢
Change
0.001(11.1%)
Mkt cap ! $17.25M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $5.658K 1.234M

Buyers (Bids)

No. Vol. Price($)
50 36444852 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 20514180 37
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Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
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