RLC 14.3% 0.3¢ reedy lagoon corporation limited

Ann: Exploration update - Nevada Lithium Brine Drilling, page-50

  1. 33 Posts.
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    Given the market has overreacted so badly to what should be positive announcements for some other lithium players, this massive over reaction isn't that surprising to me. Braced myself for a "drop it like it's hot" day after reading the ann. The market loves to P&D litium mining exporation stocks. RLC always posed a reasonable level of risk and return, still does just one less site likely to deliver results from.... so I haven't sold.
    Probably too heavily invested to top up now, shame really!!! Plus nowhere to free up from given so many other holdings getting smashed. Good idea re oppies although liquidity not exactly permitting especially if you have a large holding, besides which, if we go into production then in 3 years 8c could be a bargain.
 
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