RDN raiden resources limited

"Mt scholl alone could be a 150m tonne Ni / Cu deposit""Worth...

  1. 464 Posts.
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    "Mt scholl alone could be a 150m tonne Ni / Cu deposit"
    "Worth more than present cap alone"

    The problem is that its not, you cannot assign a potential future value to the present based on an imaginary resource.
    It's no more of a 150mt Ni deposit than Andover south is 100mt Li deposit.

    With Mt Sholl at 0.35% Ni or 0.45% Eq, the Ni commodity spot price will have to multiply from here to get such a low tonnage low grade project off the ground. Especially in high cost curve WA.

    Honestly they should just get rid of that project so they don't have to dilute shareholders more to meet their tenement expenditure obligations.

    Id agree the only chance here are the Gold prospects. This company needs a hail mary.

    You said: "It is a failure to objectively look at raiden as solely Andover lithium only and neglect the rest."

    I'm just going to be blunt here - stop leading sheep to the slaughter. You did this with the lithium project. You have lost credibility. The uninformed are drinking your kool-aid.

    This is text book hot copper - blind leading the blind.

    People need to be wary of these narratives. I've seen it many times and called it on RDN threads weeks ago.

    https://hotcopper.com.au/data/attachments/6702/6702968-d639a9c2365ab25d2e69f7d21c36d854.jpg

 
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Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $13.80M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $102.6K 21.80M

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No. Vol. Price($)
50 37942227 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 3127553 4
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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