Short Term Trading Week Starting: 19 Feb, page-256

STTCOMP RDN FA LONG
SOI: 410m
Cash: $3.7m
EV at 2c listing price: $3.7m

What I like about RDN:

1. Many Tier 1 deposits in the vicinity or RDN land holding. Very good nearology play
2. The Tethyan belt itself has had major discoveries including +65MOz Au and 8Mt Cu +65MOz Au
3. Majors in the area such as Rio tinto
4. Has 5 100% owned leases all next to major discoveries
5. More acquisitions coming
6. Low EV priced cheaper than most shells out there
7. Plenty of cash

Based on the above it has multibagger potential with relatively low downside. Just the way I like them