Hello. No one can advise you and it appears obvious you lack experience. Let me summarize, for you:
1. RDN has found some "pegmatites" (types of rocks that may possibly contain commercial quantities of lithium). From the ground level surface of these pegmatites RDN have found some lithium rock chips, which indicates some lithium is below surface. However, the quantity of lithium is unknown.
2. The quality (grade) & quantity of the RDN rock chips was not as high as those found in neighboring major AZS lithium deposit prior to it being discovered.
3. The first AZS drill hole (13/2/23) which accidently found lithium was very poor and actually caused the AZS share price to fall slightly.
4. The AZS share price only started to rise when better drill results were announced 2 months later (on 5/4/23).
5. Then later AZS announced major drill hole discoveries on 13/6/23; which caused the share price to exceed $1 (refer to chart below).
6. Therefore, you have to keep on eye out for new RDN announcements that may report their drill result everyday, particularly in the morning from 8.30am to 10.30am.
7. Now, the share price is in limbo because the market is waiting for drill results.
8. If the 1st drill results or indications are poor, there will be selling, the share price will fall.
9. However, as i posted, it took AZS four months before they reported very outstanding drill results.
10. Good luck. Keep watching for RDN announcements, every morning. Keep watching Hot Copper.
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