My post were a tad vague on the announcements coming up but here's what are expected by the market...
Rest of Q1 2024:
- Govt permit for commercial drilling for outstanding permit (note 1st two wells at Pad#1 already has permit)
- Commercial drilling commencement by Rhythm Engineering Inc.
- Pilot completion with results on DLE tech
- Some advanced LCE conversion for quick samples for offtakers
Q2 2024:
- CFRO facility build completion
- Quick turn around on conversion of extracts from pilot into LCE end-products for offtakers
- Commercial plant update
What is not currently expected by the market:
- Land lease expansion
- Resource expansion
- Strategic partnerships and investments
Pretty sure I've missed something and if so, feel free to add to the list. I didn't add "BLM imminent" on purpose so please don't say Big Sandy.
Trolls, try not to respond if you can help it. This post is particularly targeting those who are actually interested on company progress, not mere share price, and would like to have an adult conversation going at least for this week. You know who you are. Cheers
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
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