Exactly why I bought in!
For a $24m MC we seem to have a lot to offer, holding $10m cash we have a pretty safe MC at the moment. Meaning if the dow were to drop 10,000 points, trade wars start, all our projects turn out to be duds etc etc our mc would still be >= $10m. Now I am no technical trader and please correct me if I am wrong. Just looking at the charts it looks like we could have potentially bottomed out around the high 8 - low 9 range. Another important thing to note is that the chart is technically and fundamentally in sync. A brief look at the Bollinger bands shows that they are as tight as a tourniquet, waiting for some news to break out.
Once again I will just go over our basic fundamentals for anyone interested.
3 Main Projects
Lindi Graphite Project
-Hold controlling stake (70%)
- High grade Jumbo flakes
- Lowest OPEX and CAPEX mineable graphite resource
- Lowest unit operating cost $352/t
- "We have three offtake partners, each wanting to take 100% of our product"
Eureka Lithium Project
-Known historical Lithium occurrences
-WKT hold 100%
- 7kms away is 1.6%Li20
-90km of pegmatite Strike length
-Well developed area
Northern Ireland
-Allow WKT to earn up to 75% (JV with Koza UK)
- 20km away from 4.4moz gold project (AIMLAR)
-Up to 2.7%Cu and 58.5g/t Au rock chips at Slieve Gallion
-1,250km2 Project foot print
- Forums
- ASX - By Stock
- Ann: Company Projects Update
Exactly why I bought in! For a $24m MC we seem to have a lot to...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $87.26M |
Open | High | Low | Value | Volume |
12.5¢ | 13.5¢ | 12.5¢ | $149.1K | 1.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 81219 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 398672 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 81219 | 0.125 |
3 | 206071 | 0.120 |
3 | 147564 | 0.115 |
2 | 350000 | 0.110 |
7 | 319976 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 398672 | 7 |
0.140 | 312924 | 2 |
0.145 | 108000 | 2 |
0.150 | 7139 | 1 |
0.155 | 160927 | 2 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
  |
Change
0.005 ( 8.33 %) |
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Open | High | Low | Volume | ||
12.5¢ | 13.5¢ | 12.5¢ | 109479 | ||
Last updated 15.59pm 02/05/2024 ? |
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RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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