RDN

3.57%

2.9¢ raiden resources limited

Ann: 30m wide outcropping pegmatites defined at Andover South, page-193

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rattle

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24/08/23

10:02

Post #: 69519024
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Originally posted by Silent-Bubbles: ↑

And one thing for sure about Creasy , is he is definitely one for ' Paying the Percentages ', Whether its Gold or Iron Ore or now Lithium .

So the thing about that is that should he decide to take a LARGER position in Raiden , and the Andover deposit ends up being DOUBLE the size over the fence as was more or less the case with PLS / Altura days ...., and which is what you'd expect in a proper Lithium pegmatite field ......., is that Creasy would potentially have more than even his current stake in Azure , and therefore even more leverage on the future of this project if it were to be a merger of ' Equal ' project size resources.

So then in this case Creasy's Azure + Raiden could equal a controlling 60% of the entire project if he were to make a play and obtain 80% of Raiden over time.

And this would makes sense in TWO ways. FIRSTLY given that BOTH Azure's Lithium project and Raiden's are basically ' Infant ' in nature ...so who really knows without a JORC what lies beneath at depth , width , and along strike.....therefore the time is when its early to contemplate this move. And SECONDLY in order to achieve this potential ' future ' objective , you must start the process of 1 + 1 = 3 at the earliest possible time with your INITIAL 19 % stake.

So effectively under this sort of strategy of NOW versus LATER is that you obtain a further 20% stake in the broader upsided project for a fraction of the price if you pay NOW.

So how then would someone like Tolga view this sort of move. Well it would automatically put Raiden in play NOW wouldn't it ......

So I'm not saying that this is what someone like Creasy is thinking right now ....because we can't get inside his head. But at the same time , we know he must be thinking something right. .....And watching closely.

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FOMO must be a big player right now for the average investor !

Last edited by rattle: 24/08/23

RDN Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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Ann: 30m wide outcropping pegmatites defined at Andover South, page-193

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Ann: 30m wide outcropping pegmatites defined at Andover South, page-193

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