If the RDN is not bought out, the land itself will be IMO.
The only reason I say this as an option is because of our assets abroad/domestically in our portfolio. Unless Dusko and the team stay on to manage them.
Alternatively, I have seen some companies separate a part of them into a another new company to be bought. But less common.
We are a strategic target given our drills prove up a semi decent resource. Even if not the best, they are already working next-door so the cost to extract lithium from our tennants will already be much more cost effective then from a new site.
With a deficit forecasted to be sooner now that CATL is finally out of the game, it just makes sense that a move will be made against us and IMO that will be a TO or land acquisition.
In saying all this with a worse case view (Other than duster drills...), I strongly believe we have a monster resource!
GLTAH & DYOR!!!
RDN Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
(20min delay)