Board Thread:Questions and Answers/@comment-92.22.249.254-20190201185801/@comment-5780397-20190410022613

I think it probably could. Raygust was born from Shield and Scorpion, neither of which is trion converted into matter, which is the reason Escudo can stop Lead Bullet. Another possible hint is that it is transparent and malleable (like Shield and Scorpion), whereas Kogetsu, which can stop Lead Bullet, needs an extra Trigger to be shapeshifted, and like Escudo and Lead Bullet is probably trion-expensive (though much less than them) because trion is converted into matter. So I think that the only part of Raygust that could stop Lead Bullet is the handle, whereas the shield itself could be phased through.