Ann: Andover South Drilling Update, page-1172

Rio said lithium demand will increase

41x by 2040.

If that is correct, that will be more than present supply.

Today raiden had heavy volume, sometimes that can signal the end of falls.

Esp if a V recovery occurs.

Back in covid times, seven west fell like raiden, to just under 6c.

Then rebounded in a V recovery to over 50c over time.

Raiden has an Ev of around 58m now, excluding arrow and Mt scholl.

Arrow gold if very good could be as valuable to raiden as Andover nickel.

Up near degrey it is elephant country on deposit sizes.

Eventually raiden will hit bottom, if goes lower to 2c that would be a bargain I feel as ev would then be just under 50m ex Mt scholl and arrow.

Maybe artificially low due to options expiring.

Low sp does put pressure on option holders to exercise I think.