Was hoping that the ex AZS team had an experienced eye for high...

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Runrabbit

197 Posts.

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14/01/25

21:57

Post #: 77405839
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Originally posted by Drumo: ↑

I see the possibility of a lot more value to be extracted here with plenty of cash on hand for our MC.

I’ll be staying around to see what our Au & Cu partners can hit and will add at this level. Ni worthless with Indonesian advantage now. I am giving the team more time to plan and test more Li targets in 1 to 4 southern zone to see if it amounts to anything & Andover Nth ground.

Dusko and the ex AZS managers & Geo that we hired need to save face here and get wise with where they stick the DD’s next. I wonder what did the ex AZS team sell to Dusko to get hired. Surly not the results from Zone 7. As has been pointed out, more RC’s now until they lock on better targets to preserve capital.

Pressures on them, let’s see if they can come out of the corner fighting, I’ll be patient and give them another 10 mths before exiting with a loss if need be.
Risk at this end of the market is always ever present, however the CEO could have handled a few things better IMO.

If we can find something economical it may be when Li sentiment & pricing is rebounding, all about timing if we have anything on our ground.
I feel at present if we had of hit with width & grade the market at present wouldn’t have reacted.

Li aspect of RDN not over yet, but under pressure to find something to positively go after not based on probability.

A few Li pricing green shoots today, post Chinese New Year will be very interesting.

The latest Global Lithium podcast is a must listen, best one for quite some time. A lot of positively surrounding the possibility of Trump allowing some Chinese EV companies into the USA to manufacture there.

All the best holders.

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Was hoping that the ex AZS team had an experienced eye for high grade targets or so one of the announcements implied.

Dusko would be feeling the heat wherever he is. Surely the Bulgarian Gold drill programme has started ?

The announcement yesterday was vague in certain areas and he needs to get on the front foot to clarify next steps and timings !

At these beaten down levels there has still been some reasonably sized buy orders going through.

With approx $16M still in cash that gives a junior explorer plenty of options to turn this ship around.

RDN Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.6¢		Change 0.001(10.0%)		Mkt cap ! $18.97M

Open	High	Low	Value	Volume
0.5¢	0.6¢	0.5¢	$20.20K	4.016M

Buyers (Bids)

No.	Vol.	Price($)
58	41220952	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	12622148	22

View Market Depth

No.	Vol.	Price($)
57	41170952	0.005
42	34276837	0.004
24	13951999	0.003
13	24357501	0.002
6	29500001	0.001

Price($)	Vol.	No.
0.006	12622148	22
0.007	16028213	35
0.008	13102464	15
0.009	15678635	11
0.010	19351444	12

Last trade - 12.31pm 18/06/2025 (20 minute delay)

RDN (ASX) Chart

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