Just looking at the Mt Sholl JV with First Quantum in that AGM presentation, maybe just in case it’s needed, RDN should retain the rights to 30% and definitely NOT allow for dilution to 20%. If FQ is able to get that JORC up around the 80-150MT of Cu, that 30% ownership could be a handy bargaining chip down the track.
I hate it when explorers give everything good away for just a few lousy million in the bank. It gets wasted quickly and shareholders never see any of it.
Just looking at the Mt Sholl JV with First Quantum in that AGM...
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Last
0.5¢ |
Change
-0.001(10.0%) |
Mkt cap ! $15.52M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $5.107K | 1.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 49639541 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 14349724 | 23 |
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| Last trade - 13.42pm 24/06/2025 (20 minute delay) ? |
| RDN (ASX) Chart |