Up on no news)The former goldie has pivoted to lithium and REE exploration in a big way.It has four main projects: ‘Pilbara’ (lithium), ‘Mt Holland’ (lithium), ‘Mt Weld’ (REEs), and ‘Northern Zone’ (gold), all in WA.Mt Holland is near the FRS tenure which explains its share price movement in early trade today.Earlier this month RGL also reported initial assays up to 2,200ppm (0.22%) REEs at the Mt Weld JV, right next door to Lynas’ (ASX:LYC) tier 1 Mt Weld mine.By mid-June it had drilled five holes of an initial seven-hole (~2,000m) reverse circulation (RC) program. Remaining assays are pending.The $21m capped stock is down 46% year-to-date. It had $6.3m in the bank at the end of March.
just remember no news yet!
RGL Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)