RDN 3.23% 3.2¢ raiden resources limited

Daily Discussion, page-8418

  1. 1,608 Posts.
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    @Impetuous
    It is great news and yes it is key. These points in your post describe tier 1 mining friendly jurisdictions such as ours. We have always had what it takes, so it is not surprising today, that as a result of the high possibility that lithium from our like jurisdictions will be very much sought after again, the share prices are rising.

    The main argument for those shorting our lithium stocks here on the ASX of ‘oversupply’ might finally be over, or at least less relied on. China’s reliance on poor quality lepidolite to bring down the price of our lithium, deliberately IMO to effectively weaponise it against us is now disappearing; hence why shorts against stocks like LTR and PLS are now suddenly starting to close.

    Let’s hope this continues as it can only be a great thing for RDN’s future endeavours.

    GLTAH smile.png
 
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