Hello. For my personal investment purposes, i viewed the RDN announcement of 26/11/24 very poorly when I first read it. I personally could not image the new AZS with their AZS geo team would not show visuals in a discovery announcement. In fact the word "discovery" is not found in the announcement (apart from in the fine irrelevant print). I made posts here on this forum during the trading halt showing AZS visuals; so shareholders would know what to expect. Therefore, as a rational person, if i was a shareholder on 26/11/24, I would have sold immediately.
Therefore, hopefully today's trading halt is for drill intercepts other than the intercepts of "pegmatites" disclosed on 26/11/24.
RDN i guess is in the business of drilling for "spodumene" rather than in the business of drilling for "pegmatites".
Multitudes of companies on the ASX have found barren pegmatites. Not all pegmatites contain commercial spodumene.
I personally could only view the 26/11/24 announcement as a "dud".
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