RDN 6.45% 2.9¢ raiden resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

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  1. 12,705 Posts.
    lightbulb Created with Sketch. 2585
    They raised $6m during the quarter.

    Still have nearly $6m in the bank which will last another ~6 quarters, based on the current spend.

    If they need to raise, it would be middle to late next year (dependant on how much they spend on drilling).

    Some excellent results, will have many people wanting to get in and raising money will not be an issue!
    Last edited by TopGun1: 26/10/23
 
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