The Following Events are Inevitable imo over the shorter term.
We may not know the "timing" of when they will happen. Could be 1 month, 3 mths or 6 mths, but it now seems highly probable (I think inevitable) that:1) The current 10 High Grade Intersections will grow in number & the current 2 C-Veins (C1 & C2) will grow in number - C3, C4, C5 etc.2)That the "large overseas antimony-gold refiner" will at some point decide there is enough evidence to justify them implementing an Offtake Arrangement, after all they approach NAG about doing just that, so I think it's inevitable ... at some stage3) That an Offtake Arrangement will set NAGs up to finance the the costs to produce the AuEq, with something like $30m Pre-Purchase, far more than the set up costs to get to production ($7-$8m in my estimation.)4) That the large overseas antimony-gold refiner" will make this work in order to set up supply certainty for their refinery, so they want this to work as much as NAG does.5) That Golden Camel & NAGs will merge within 6 mths imo, just because there are logical synergies to such a move (and benefits for us shareholders & their owners.)6) That WG is part of a "Succession Plan" to allow MT to retire at some stage, once NAGs is on a firm footing, which makes sense for all concerned & obviously was always going to happen sometime - MTs retirement.7) That Offtake will lead to Takeoff.
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4 | 2900000 | 0.010 |
10 | 790000 | 0.009 |
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1 | 160000 | 0.007 |
Price($) | Vol. | No. |
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0.014 | 500000 | 1 |
0.016 | 34150 | 2 |
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
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