Guess it wouldn't hurt to have had Tolga Kumova via his Kitara...

Guess it wouldn't hurt to have had Tolga Kumova via his Kitara Investments Pty Ltd < Kumova #1 FAMILY A/C > , and who is is the sole director,legal and beneficial owner under this investment account take a 6.3% stake with his declared substantial notice of 53,700,000 in Raiden Resources ( RDN ) on 10th December.

So they ( Raiden ) are basically valued on virtually their Pilbara stand alone tenement in my opinion ....which of course is a ' part owned ' project which currently stands at around A$29 million market capitalization.

And so that's without all the International exposure to quality Lithium assets and a proven 20 MT plus JORC resource at just Authier as is the case of Sayona's basket of more advanced projects.

And as we know per the attached comparative maps , that the regional overviews clearly show position of ALL these SYA verses RDN's tenements, and that in the same way that Raiden's TWO Pilbara tenements are located adjacent and along strike to De Grey Mining’s(ASX: DEG) Mallina Project , so to is Sayona's Mt. Dove project which is located even closer to the renown and relatively recent HUGE discovery at HEMI. And we all know that DEG's Berghaus Trend is now host to more than 2 Moz of Au at just theHemi Gold Discovery alone.

So at the moment , Sayona's Mt Dove tenement is not only closer to the main action , it also appears to be smack in the the middle of the intercepts of perhaps BOTH the Mallina Shear ZONE as well as the South Eastern tail of the Tabba Tabba Thrust ( refer attached diagram below ).

So for me , the probabilities of a find on this uniquely positioned 100% owned Pilbara Tenements speaks volumes for the increased probabilities in a significant find.

We should also keep in mind that Raiden acquired the rights to ONLY 75% of these two Pilbara ( Hemi Nearology ) tenements off Pacton Gold who in addition to their 25% contributing JV on the tenements will also earn a 1% net smelter royalty across these tenements. On top of that they also have Arrow Minerals Ltd who were the original owners of these tenements will also be entitled to a CDN $500,000 in cash upon publishing a JORC gold resources of over 100,000 oz of Au.

So ALL of this compares to Sayona's tenements which are 100% owned with no third party smelter royalties or significant other performance or JORC based additional fees.

So when you consider that Tolga paid $698,100 in the placement at 1.3 cents back in September for his 6.3% stake in RDN - that in effect puts a heavily discounted initial ' floor ' price at 75% at $A14.774 million implied value on RDN at the time of the placement. So that's almost double that of their valuation now......

So I guess one could say he could be well advised to be also looking at SYA as a logical step to increase his likelihood of future success in this region , and thereby getting a significant leg up on a significantly expanded and near production ready combined 40 - 60 Mt JORC Lithium for a fraction of it's true value.

And isn't this the sort of PLAY these sorts of Investors tend to gravitate towards.....