RDN rose with the lithium price rises last week hence the push...

RDN rose with the lithium price rises last week hence the push to 2.8c but then dropped back when Lithium prices also pulled back and the overall lithium market sold off on that too; hence the pullback from 2.8c to 2.4/2.5c base level.

Latest Lithium material tender from ALB showing clear signs of actual buyers paying up for quality lithium, not what the "futures" prices are, which are just traders playing with numbers and not a real reflection of the lithium price which has been shown by the PLS sale and the ALB sale being 23% higher.

Not sure what trader spat the dummy earlier to dump 6.5m into 2.4c or if that was an attempt to shake out any loose supply but it was very counter intuitive to the overall sentiment that is changing for the Lithium sector.

By the time the heritage approvals are completed and drilling starts, that should time well with the Lithium sector picking up even more and will help reflect a truer value for RDN when (and if) it produces the positive drill results we're all hopeful for.

Weekly chart on RDN looks great, has been at its base for a few weeks between 2.2 and 3c, longest time its had to soak and the MACD is turning out nicely, timing well with the overall Lithium sector bottom, just needs the sector to ignite and then some positive drill results and things will be significantly better in the coming weeks and months.