You are right, if this was purely nearology, then, excluding RDN's other assets it is overvalued.
There are too many similarities to AZS and what they have discovered at Andover a couple of km's up the road for me not to stay invested.
I would be very surprised once the drills get turning and results start coming in that we don't find some decent lithium intercepts. I personally don't see RDN lasting 2024 as an entity, I think it will become too tasty a morsel for SQM and Hancock. With it's proximity to the area they want to develop, it will be a no brainer for them to have control of Andover South as well.
Certainly an exciting 2024 ahead.
GLTAH
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Open | High | Low | Value | Volume |
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21 | 4751597 | 2.2¢ |
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Price($) | Vol. | No. |
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16 | 10136281 | 0.021 |
12 | 3283977 | 0.020 |
8 | 3742842 | 0.019 |
5 | 2329000 | 0.018 |
Price($) | Vol. | No. |
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0.024 | 2363802 | 7 |
0.025 | 966414 | 7 |
0.026 | 1668776 | 7 |
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