Easy. I personally am of the view that it is more likely than not that RDN will NOT find a significant deposit. They may find something, but it probably will not be enough to maintain the current share price. This view is supported by the red flags that have appeared since the capital raise. I feel that a lot of you are suffering from the sunk cost fallacy and have gaslit yourselves into thinking you are going to make a fortune on RDN. You get angry and resort to name calling and insults whenever someone in this forum has raised or considered a material red flag.
That said, there is a chance, so I am holding a position (after a significant divestment) on the hope that I am wrong. I'm happy to lose my holding for this punt. A lot of people in this forum are not happy to lose everything.
My view is that if you are not comfortable losing everything and are not too in the red, you should probably sell and buy back in after the announcement (if it is excellent). If you are happy to consider the punt and risk losing your money, then hold (like I am). Personally, I would not be buying unless you are VERY comfortable losing everything. The people buying may end up being right if RDN does find a significant discovery, but right now its about basic risk management.
RDN Price at posting:
2.4¢ Sentiment: Sell Disclosure: Held
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