RDN 1.79% 2.9¢ raiden resources limited

Dc,I've held rdn since when they were just 0.2c and have...

  1. 5,776 Posts.
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    Dc,

    I've held rdn since when they were just 0.2c and have traded professionally along time.

    I get it wrong, no eat etc.

    Drilling Li next to azure improves azures deposit because rdn will be its extension.

    Generally with gold, a deposit is singular, but with the lithium at Andover, it is one deposit (swarm)

    So we need to view it differently

    Rinehart will not be thinking about the lithium sector, but how much lithium can 'I' have.

    Rinehart is diversifying away from iron ore.

    If azure gets big tonnage, she operates in big tonnage on iron ore, even at a depressed Li price, she will still turn Profit.

    You are trying to find a reason for rdn support, I've given you the most logical one.

    Support > drilling > if success > takeover > merge tenements rdn / azure > progress swarm dev under one Explorer.
    Last edited by mode1971: 08/09/24
 
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