Not sure where they plan to invest but for circa $10M the Arcadia Minerals (ASX:AM7) Swanson Tantalum mine can be built and producing, this could be an option for RDN as it involves Lithium assets too and they share a director. Offtakes could follow and both companies would have no near term CR needs whilst developing their other assets. I cannot see much of a drop in SP from here as it matches cash holding. Swanson is an easy money maker IMO depending on the terms agreed. Or buy AM7 outright? Let's see how the extra 2000m drill results pan out I guess.
Not sure where they plan to invest but for circa $10M the...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.80M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $8.776K | 2.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 42909793 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 27171281 | 39 |
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| Last trade - 15.33pm 11/08/2025 (20 minute delay) ? |
| RDN (ASX) Chart |