Rgl seems unable to find anything substantial for the last 2 years after spending lots of man/hours collecting geotechnical data on the ground and provide "zilch" information to the market on their adventure.
They try to get people excited by acquiring "john west" type (the reject) tenements all over the place - highlighting / overblowing the potential.
For RGL to survive, they need to find something substantial.
Keep dishing out free shares in exchange for more tenements is not going to cut it.
When will the money run out ??? Few on quarters, then what ??
Is not easy to raise money when the SP is less than 1 cent.
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- Ann: Amended Deal on Ni and Co rights over Kurnalpi Tenement
Ann: Amended Deal on Ni and Co rights over Kurnalpi Tenement, page-5
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Mkt cap ! $5.309M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 7081879 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5917940 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 7081879 | 0.004 |
18 | 13600833 | 0.003 |
10 | 12150001 | 0.002 |
8 | 22700001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5917940 | 14 |
0.006 | 7384553 | 10 |
0.007 | 6348072 | 12 |
0.008 | 3832613 | 12 |
0.009 | 3822686 | 8 |
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