RLC 50.0% 0.3¢ reedy lagoon corporation limited

Ann: Exploration update - Nevada Lithium Brine Drilling, page-27

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  1. 1,694 Posts.
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    I was in RLC before all this kicked off big time.
    Left for a modest gain and missed out on the big gains.
    It's a shame it hasn't worked out for Geoff and the crew as they seem like a genuine bunch.

    Lots of shares issued since I left?
    HC is showing a 7 mil MC on 1.3c.
    That seems way too high for what is on the table now. A 4 mil MC is what I would expect.
    Thus I can see this going sub 1c very easily. And then a consolidation further down the track? I haven't checked the number of SOI. Hope it hasn't blown out too much.
    Sorry for my negative sentiment.
    I hope RLC can turn it around in the future.
    Good luck all.
 
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