for a gold producer, there seems a lag..., page-7

Maybe the current SP combined with broader market is an indication of the risks factored into the gold valuation - low grade at meekathara and potentially high cash cost operation, recent drilling at Sand Queen wasnt favorable for a cutback and further mining.

Also general market weakness with other Li stocks like ORE, GXY is similar to RDR and compared with many other Au miners with higher grade/lower cost operations RDR imo has a higher risk valuation for its SP and the potential for another cap raise for meekathara is not helping.