RDN 0.00% 2.6¢ raiden resources limited

Ann: Trading Halt, page-370

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  1. 27 Posts.
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    mode1971 Thank you for your insight - you make some good points re drilling strategy and company value, I guess myself (and perhaps others) are just wondering about the accuracy of previous info from RDN. (which we base investment decisions on)
    They must have considered the possibility of uncovering the mother load and "planned" for the possibility of greatly expanding the drill campaign and the associated costs before publishing a Company Presentation stating they are "Fully capitalised for planned programs".

    Lets hope as rattle mentions the next ANN gives the updates that answer all our questions.

    Im hoping that also includes details on AN (4063/3849)
    In the last 6 weeks RDN has moved very efficiently to get all happening on AS, but still no news on AN.

    Back in May the ANN below was issued...thats a long wait for POWs for 3849 and 4063.

    20 May 2024 "RECEIPT OF FINAL HERITAGE REPORT PAVESPATH TO DRILLING AT ANDOVER"

    Final heritage report for Andover North confirms that keyprospects, where Air Core (“AC”) drilling is planned, will notbe impeded

    • Programs of Work (“POW’s”) have already been submittedfor 3 tenements (E47/4061, E47/3849 & E47/4063)
    , withremaining POW’s to be submitted on grant of tenementexpected shortly

    Have a great weekend.

    GLTA DYOR


 
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