RGL 20.0% 0.6¢ riversgold limited

Rgl seems unable to find anything substantial for the last 2...

  1. 371 Posts.
    lightbulb Created with Sketch. 141
    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.
 
watchlist Created with Sketch. Add RGL (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.001(20.0%)
Mkt cap ! $7.257M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $3.174K 581.7K

Buyers (Bids)

No. Vol. Price($)
31 11216785 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2775302 8
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.