It can still go down if they use the cash without adding any value to the company as right now its only the cash helping the sp hover around .005 imo.
Time to pivot as others are doing. Even DLI which both Min and Gina bought strategic stakes in has turned back to gold exploration, which was their original focus when they were called Red Dirt before turning to lithium.
The market is telling RDN their lithium is currently worthless, so they should take heed and spend just enough to keep the tenements in good standing whilst changing tack to gold or silver. The pile of cash is RDN's saving grace, so time to put it to good use rather than pump it into a dormant metal.
RDN Price at posting:
0.5¢ Sentiment: None Disclosure: Held
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