Hello. RDN had/has a "nearology" play. If RDN did not explore...

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GKeden

7,039 Posts.

662

13/01/25

14:53

Post #: 77382547
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Originally posted by oceanview69: ↑

Fellow RDN shareholders ,

It's in my opinion that we need to find a New Non Executive Chairman

The company desperately needs some stability and better ways to get its message out to the ASX market and its shareholders.

The existing Non Executive chairman Mr Michael Davey needs to stand down and be replaced ASAP

Since the CR was announced back on the 10th Oct ,Dusko's MD skills have been on show for all to see and it has been absolutely appalling & Embarrassing to say the least. Who pulled him up ? Who gave him advice ? Who over looked the decisions that were about to be released to the ASX ?

Two Trading Halts in 1 week , Disgraceful . Talk about hoodwinking the option holders

On the 8th Oct ,RDN were trading @ 4.6 c sailing along smoothly , Options being converted daily . Today the SP is @ 1.1 cent .Were did it all go wrong ?

Who was overlooking Dusko?

I have had many telephone conversations and emails with Dusko over the last year and each time I queried him on getting someone new to the board , especially someone with experience being involved in mining companies , better knowledge of corporate governance and Media skills

Each time Dusko would frustratingly shut me down saying it would only upset his plans with the current mechanism in place and could affect the decisions being made by himself and the current board. Now I know why

The current board MUST be restructured .To start with ,The existing Non Ex Chairman must go

A new Non Executive Chairman would install confidence back to the market as well as the shareholders and reign in some of Dusko's stupid decision making

It cant just be anyone either. We must attract someone with a wealth of experience and someone that is actually respected throughout the industry

It would then allow the new Non Ex Chairman to actually remove Dale Ginn, the Non Ex Director who resides on the other side of the world in Canada. No good ! We must attract new Blood to the board ,someone preferably living in Australia.

After all its our money , Not theirs , especially with the Options money now in the hands of Dusko

I'm pretty sure the Soph's would be calling for Dusko's head

If Dusko wants to save his own job ,I would certainly start listening to the shareholders

I have been a Raiden shareholder for a long time and nobody wants RDN to succeed more than I do .I am not a pumper nor a down Ramper.

I feel this is the only path forward given the current situation we are in

Sometimes Change is GOOD , and this instance it needs to happen quickly

Believe me , once this transaction happens watch RDN go

I would appreciate some thoughts from from some who might have better experience at this process of how to get this through

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Hello. RDN had/has a "nearology" play. If RDN did not explore the land, another company would have.

RDN's announcements were overt & clear. For example, due to their detailed (i recall at least three) announcements about rockchips, I gave the project a 40% chance. Then after the $10M capital raising, i had to give the project no chance and sold my last.

Everything was clear.

RDN tapped the market for $10M. This was good for the company but a bad sign for success. I sold my last that day.

If we lost money on RDN, the fault is ours; not Dusko's.

The only issue i had was the 26/11/24 announcement.

Last edited by GKeden: 13/01/25

RDN Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
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Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $17.25M

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