RDN raiden resources limited

Ann: Pegmatite extensions confirmed & visible spodumene in core, page-269

  1. 10,528 Posts.
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    I don’t understand why there are so many people here who are desperate to turn duster results into something other than what they are.

    Im not trying to be harsh, but the simple reality is that all of the results published for areas 1,2 & 7 are uneconomic. Not even just economic, but there isn’t even a 5 or 6 metre intersection which TG6 found from memory (and take a look at their market cap).

    Maybe there is some other tenement / area that will be drilled that will find something but at the end of the day this was just pure nearology which has failed yet again.

    Ive seen so many times where a major discovery gets the neighbouring tenements excited, only for there to be nothing of note found.

    The market cap here could halve and it would still look expensive.
 
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