RDN raiden resources limited

Knz,And what happens in two or three years when lithium is...

  1. 6,113 Posts.
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    Knz,

    And what happens in two or three years when lithium is favoured again?

    Do nothing and Rinehart gets Andover for zero value.

    Lithium will shine again as all metals run in cyclical cycles.

    If they wanted to buy gold, they will pay premium for anything decent or get pounded out no good ground cheap.

    Most explorers moved on decent gold ground 2 years ago.

    Copper is good as not wanted and a 15m tonne defecit 5 plus years out.

    But to prove up something like a porphyry is 10x the cost of doing gold.

    With Andover I can see Rinehart is still drilling, no pause for her.

    See she plays the long game whilst companies like raiden move back and forth onto what's hot and never fully explore any project they have.

    ASR did it on gold to rare earth's, back to gold.
    Spq, gold to copper, back to gold.
    SBR, gold to nickel, back to gold.
    Then raiden.

    All 4 have one thing in common, zero minable deposits due to focus shifts.
 
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