Daily Discussion, page-8337

Dc, in your list of 90 stocks, how many have had big material changes to fundanentals ?

For me. I am geology based, and do not view all explorers the same in a sector.

I look at the below in order.

1. Are there big deposits in the area?

Rdn ticks the box with azure find.

2. How far are the tenaments from a big find?

Rdn ticks the box, next door.

3. Are they on the same fault?

Rdn ticks the box, same swarm early indication.

4. What is the chance of a main deposit or satellite?

Reds, koth, one main, many satelites.
Degrey, one main large satelites .

Rdn ticks the box, early indications, they will have the sw portion of azure deposit being a swarm.

5. Are companies with big money interested in the big deposits in the area?

Rdn ticks the box with Rinehart's azure buyout.

6. If a find occurs next to a major deposit, what logistical matters may occur?

In raiden, azure case.
A. Jv pit, resource crosses tenaments boundary.
B. Two operators.
C. Plant. One shared, or two individual.
D. 3rd party.

7. What are the chances of takeover?

In raidens case, good if resources found to prevent 6a, 6b, 6c, 6d occurring and a prior buyout 5.

Dc, I get Rinehart probably paid to much.

Still a potential value for rdn of around 500m or 20c a share if it can add tonnage for azure.

500m is not much to a person who's wealth exceeds 32b.

Here I am looking for material change, not sector change to alter rdns value.