Trading Halts are for a purpose. They are ASX rules. Stops leaky...

Trading Halts are for a purpose. They are ASX rules. Stops leaky ships. Prepares everyone for what is coming, material impact on share price and all that etc..

I will be quite surprised to see this go through to Monday without any other information forthcoming. Time is always needed to prepare investment presentations, which will generally always be announced following a TH where a CR is proposed.

Having said that, I also cannot see Dusko putting out a full investor presentation to secure further funding without providing some form of positivity to stimulate the minds of those being targeted. Why would you waste your time presenting old information and hide everything else in order to run a successful CR? Not happening. We will know something soon enough.

I cannot see it being a duster because then a CR would be pointless. If there is no lithium at Andover South, which Dusko himself stated was their main focus and objective, then basically RDN is on its way to doomsville. A CR therefore would be a pointless and futile exercise.

Also, if there is nothing there and they have full knowledge of that, their disclosure obligations would kick in, and they would have no choice but to come clean. To try and get some cash knowing the company is down the sh.tter would see all sorts of legal issues heading Dusko’s way.

Again, cool heads are needed here. I see no point in going off half cocked with only 5% of the information available. This is me personally, but I’m sitting on a mountain of both heads and oppies myself and I remain focussed and confident still. Sure, I’ll be very peeved if we are ever screwed over, but right now I just don’t see it that way. Just my own opinions.

Good luck everyone. Take it easy. Re-evaluate your options come Monday. BUY/HOLD/SELL.