I agree $1 is a big ask, given the size of our tenements. We’d need significant underground resource at Andover South or another project to advance like Arrow etc.
However, I do think we could define something similar size as CXO, say around 30MT but at higher grade. CXO market cap is around $800M, so for us that’s around 30 cents or 500% from here. I think that is achievable and a good target from here. When I first bought at 1.2 cents, $100M market cap was my target which has now been achieved.
Having said that, I think RDN will get taken over by the eventual owner of Andover and be part of a lithium super pit. But first, we need to get drilling done.
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3.1¢ |
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0.000(0.00%) |
Mkt cap ! $84.11M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $410.8K | 13.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3099916 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 1160786 | 2 |
View Market Depth
No. | Vol. | Price($) |
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3 | 3099916 | 0.030 |
11 | 3376068 | 0.029 |
9 | 1875045 | 0.028 |
5 | 1887037 | 0.027 |
15 | 1149306 | 0.026 |
Price($) | Vol. | No. |
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0.031 | 1160786 | 2 |
0.032 | 1219027 | 6 |
0.033 | 462287 | 3 |
0.034 | 1132223 | 4 |
0.035 | 1286713 | 6 |
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