Best outcome that could have happened with the AZS rumours did happend. And by that I mean had SQM or even a Wesfarmers been successful with an offer , the nearology plays could have potentially taken longer to eventually come on the radar , as that project is MASSIVE. The quicker RDN can move and prove that the pegmatite ' Field ' and swarms exist along strike to AZS , the better the chance that AZS may look independently on RDN as even a potential form of defense from takeover.
That's just another view and another angle. The value is the value of course should RDN prove up sizeable and economic showings , but definitely SQM may not of had any sense of urgency in even considering that had a takeover been accepted now.
So RDN needs to get BUSY.
RDN Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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