If there is a leak regarding assays of holes 23 and 25 thats causing the share price plunge, its a bit odd because the last announcement based on hole logging showed in effect the hoes were dusters given miniscule spod intervals. Averaged out acroos full hole it equated to a duster. If the price plunge is related to a new subsequent hole ( based on visuals) then the writing seems to be on the wall for Target 7. Be surprised if drilling was complted or even underway on the new drill pads near Target 6 close to the rail tracks. Whatever, if we get announcement which is contrued as quite negative, then the leak on this ship has not been fixed and would warrant a closer look by the ASX or even higher up the regulatory regime. Not holding but am holding ERW which is a sort of proxy to RDN in a way
RDN Price at posting:
1.3¢ Sentiment: None Disclosure: Held
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