Many are asking why the jump…from what many have learnt in the...

Many are asking why the jump…from what many have learnt in the last 6 months especially:

The place for hard rock lithium is the Pilbara
-most of the existing mines are there
-Canada/ Brazil not as well supported
-Africa….dodgy as some will have experienced

Azs was the last big confirmed find with a genuine resource
-the takeover offer of $3.52 for 60% has be obliviated
-we have seen the price reach around the $4.35+ today
-rumours of PLS joining the party for a position
-this just makes it a total wwe rumble between major billionaires
-Wc8 next door and so is Rdn

Wc8 has been confirmed as hosting a few nice hits and MinRes have jumped onboard for about 20% at 85c
Wc8 is valued around $1b already rather prematurely
Cap raise of $100m just completed heavily oversubscribed from many majors
The arm wrestle continues….

so, many market players look to see who’s next in the pipeline in both nearology and exploration results…

I guess, that just leaves RDN…Erw are closeby but not quiet far enough in their exploration efforts

Rdn derisked the project with significant rock chip samples over 2%…quiet a few samples which shows the spodumene starts near surface and hasn’t quiet weathered as others…

So as the investor bubble continue and people hunt for the next Azs/wc8, it leaves in my opinion, RDN…this includes the billionaires hunting too

that’s what the markets doing, playing catch up and getting set….just like the Dotcom bubbles, the market is always chasing the next big thing in the next big hot market which is lithium….

GLTA and my opinion only