to be honest all this deal has done is sell off Mt Scholl - some what cheaply IMO.
So those in the market that think same will be selling RDN.
If it does go to mine we will end paying $5million to Welcome or whom ever we acquired it from just to get a 1% smelter right.
I guess in the meantime over 8 years we get $10million back, but all in all just small deal nothing great in it for us.
I was hoping for a deal like some one buying a 10% stake of shares at 10c say 240Million and we use the money to develop the resource, but this deal is just a slow bleed at best IMO.
Ann: Raiden enters strategic partnership with FQM at Mt Sholl, page-56
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Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $83.01M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.5¢ | $237.0K | 9.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2087275 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 336885 | 1 |
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| Last trade - 14.21pm 18/11/2024 (20 minute delay) ? |
| RDN (ASX) Chart |