That looks like a big slab of dirt SB, must be around or more...

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BigKev14

250 Posts.

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19/11/23

01:45

Post #: 70981231
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Originally posted by Silent-Bubbles: ↑

Well whatever you want to think , or what price you reckon its going to get to , there' still plenty of news in the pipeline to keep Investors keenly interested.

Like for instance the metallurgical results from the 4204-metre m 49 diamond drill holes across 3 separate locations in their maiden drilling campaign at Mt Sholl , and which we are still waiting on results from Strategic Metallurgy as per following excerpts out of previous quarterlies.....

The team at Strategic Metallurgy includes Nicholas ‘Nick’ Vines who has over 16 years’experience in the mining industry, working principally as a metallurgist specialising in nickelsulphide flotation

Strategic Metallurgy, were involved in the process flowsheet development, and metallurgicaltest work, for the Azure Minerals (ASX:AZS) Andover Ni-Cu Project 18km east of Mt Sholl.

The Company has commenced early discussions with downstream specialty battery productproducers, whereby on completion of the metallurgical evaluation program, Raiden will aimto provide samples of saleable nickel concentrates, suitable for the production of a batterygrade Nickel Sulphate from the Mt Sholl ore. The Company will aim to provide 5 to 10kilograms of concentrate material, which meets the specifications required to evaluate thepotential for nickel sulphate production. And there are of course a lot of demand for projects like this in the market at the present moment , and so it will be interesting to see how the partnering and / or potential offtakes unfold for this one ...... Especially given the work that ' Nick ' has done for AZS as per the above previous statements by RDN....

So as of the September Quarterlies released to the market , we are still waiting on these results as are we awaiting no less than 6 mining tenements including TWO Tabba Tabba and TWO Roubourne tenements PLUS one Mt Sholl tenement which are still PENDING .

The additional Tenement which is also still pending is the Pyramid Tenement E47/4307 which is pending from the Peter Romeo Gianni led Mining Equities Pty Ltd ( Old Acquaintance of Tolga's from the RGL days..... ).

So you can see this tenement is the light green one I've circled in RED in the below Map which when added to RDN's existing Pyramid tenement E47/4300 makes for a very considerable package in its own right....., and which is not all that far away from all the goings on between AZS's Andover and RDN's Arrow project to the right and slightly south of these if you were to enlarge this map.

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That looks like a big slab of dirt SB, must be around or more than the 107 sq Km that Azure have at Andover, not sure what that will cost us, but a lot less dilution with recent SP action, these guys are not Efing around , they are picking up so much tenure in the Peppy Grove of Pilbara Lithium that we may be Number 2 Land holder after Novo who have so much and will need to JV to see any exploration on it.
For those that do not live in Wait Awhile the Shire of Peppermint Grove is 1.36 sq km has less than 1600 residents fronts the Swan River and hosts many mining Billionaires including TG, MC, next door you have CE where the Hancocks and Wrights abodes were also situated, I think GR lives across on Bondies side of the river in Dalkeith along with Stokesy and a few Asian Billionaires.
Dusko might be buying the worst house in the best street or the best house in the best street, very proactive not sitting on their hands, you have to take your hat off and applaud the way they are going about it.
I'm not one to blow smoke up managements rear end when they do things well and post on HC, as that is what they are paid to do, but I have no complaints on the way they are going about it!
Very Happy Investor
Cheers BK 14

RDN Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
44 Upvote

7 Great analysis

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