RDN 0.00% 3.0¢ raiden resources limited

It is annoying to see the SP retrace steps, but it is healthy...

  1. 233 Posts.
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    It is annoying to see the SP retrace steps, but it is healthy for the SP and, in my opinion, is due to the decrease in the value of lithium.

    Everyone's appetite for risk has decreased alongside lithium's price, which is being factored across the board in the SP of multiple lithium prospective companies.

    Look at AZS, for example, there is little risk there because they have already found the lithium.

    I am confident that once we drill what we have and get the results we want, the SP will rocket as we will be significantly derisked, bringing in some big players (They want drill results before they touch anything).

    DYOR & GLTAH!!!
 
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