View attachment 5510031
The spotlight will be on the Pilbara again when the Novo IPO lists in September.
It was fully subscribed and closed early due to high demand.
Listing was set for 14th September 2023 but they are in negotiations with the ASX to bring the date forward if they can.
Their main tenements are near our Arrow project where they have done a deal with DEG and a large tenement between Mt Sholl and Andover.
The tenements highlighted in the above image are owned by Welcome and are adjacent to Novo.
I think Welcome would be happy as to where the Raiden share price is headed now and l hope Dusko can do a deal on these blocks before Novo lists as I expect it will come on at a significant premium and highlight again the potential of the West Pilbara as a battery metals hotspot and also Raiden’s strong presence in the whole area.
IMO.
Have a good weekend all.
Jim.
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