RDN 2.33% 4.4¢ raiden resources limited

Ann: Mt Sholl Ni-Cu-PGE Project Metallurgical work underway, page-9

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  1. 280 Posts.
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    Hoodlum, I am going to have to disagree with you here.

    As Zozo has put it perfectly, the lithium is not going anywhere. This doesn't mean it is to be ignored entirely, and Dusko is 100% working on evaluating it.

    This doesn't mean dropping everything and going for the lithium. RDN is in the best financial position it has been in for some time and to burn through its cash reserves in the hope of another successful cap raise after just having one is not a smart move.

    Many shareholders here have been here for a while and I could assume that many of them are becoming exhausted with cap raise after cap raise (Trust me, if they haven't disposed of any shares from the cap raises, their holdings are enormous).

    How management has been progressing lately has significantly increased my confidence in their decisions, and I am all on board with this one too.

    The most important thing today is the announcement from GRE.
 
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