Mode , Lets put something in perspective here . You and I argued about Mt Sholl and there were others here that supported your view on Mt Sholl .
I said it was a bad decision and would eventually come back to haunt RDN management & Shareholders . You said it was a great deal !! Let me Know how Mt Sholl is Going ? Li , FQM, Kim North , Ni , the only thing Mt Sholl has going is the abundance of Cu . Even FQM will manage to stuff it up. Time has proven that I am right . You would have to admit that the management MAY have stuffed up here ? Waisted $3.5 mill of shareholder money., and dont give me that crap that they had to because of the Lithium Boom .
Now ,lets look at Andover south .
Dusko's words
"Mr Dusko Ljubojevic, the Managing Director of Raiden commented “We are pleased to have received support for this raise. With the $10m capital raising and the available funds, the Company is now substantially funded to expand on the drill program for up to 15,000 metres. This decision was made on the basis of observations from the initial drilling, as well as recently defined spodumene mineralisation, which we interpret is hosted within Target Areas 1 and 2. The drill program will be evaluating both of these target areas at greater depths and will include target area 7 as well. With additional drill rigs about to be mobilised, we anticipate that the Company will be in a position to generate regular news flow once the results are received from the laboratory.”
When are the other Imaginary RIGS rolling up ?
It's okay to raise money , but when you lie about something that's not true it can only come back to haunt you
Yes its great to have what would be around $14 Mill now ,maybe less , but the BURN rate will quickly run down the cash reserve
MODE , Cmon , you have been around the traps for sometime . You and I are Original Hotcopper members back in the 90's
I will put this to you , Why don't you and I sit down over a coffee and share Notes !
As you Know from when you first arrived here at the Raiden Thread that I was very Bullish about Raiden
I have plenty that might just shock you
I also live in Vic , let me Know how we can catch up
RDN Price at posting:
0.6¢ Sentiment: None Disclosure: Held
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