RDN raiden resources limited

Jar jar,Raiden is not priced to find azure discovery.It is 100m...

  1. 6,114 Posts.
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    Jar jar,

    Raiden is not priced to find azure discovery.

    It is 100m cap with 15m cash.

    Ev is 85m.

    Mt scholl is very likely a 100m tonne nickel deposit, easily worth over 30m.

    That gives us an Ev of 55m for lithium.

    Arrow up near degrey and other assets are probably worth 5m.

    That takes us to 50m.

    Azure was purchased for over 2b if we look at 100%.

    Very little is priced in. I know investors that took up the cr, none have sold.

    Generally when a broker says buy, there selling and when they say sell, there buying.

    Yes, they will have seen cores, but you're claiming suss as nothing released.

    It takes approx 4 weeks from the time cores leave raiden to when assays get recieved.

    Then there interpreted, Inc against logs.

    What is occurring presently is 100% normal

    I am suss of posters that push an unsavoury agenda just because results have not been released.

    And you should regret peddling hearsay here.

    On a note. The two ex azures employees would not have left azure for raiden if the prospects were low at raiden.

    They would have studied raidens ground when at azure and most likely studied it from raidens data before joining them.
 
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