RLC 0.00% 0.3¢ reedy lagoon corporation limited

Ann: Exploration update - Nevada Lithium Brine Drilling, page-58

  1. 697 Posts.
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    I'm a holder of RLC, yes I've done my research and yes I know what 1000ppm means. I'm not talking about the company, which I think is undervalued and will come good eventually. I'm talking about current market conditions. In November SPs were doubling based on drilling commencing. Lately SEI, NVA, even ASN have announced grades that could be viable depending on impurities, processing, resource size, etc but SP has gone backwards. Until sentiment in the sector and market as a whole picks up again we may not see doubling of SP on announcements like we did over the last six months. I hope I'm wrong and RLC holders are rewarded with the 5 bagger they deserve if BSS comes up trumps. The battery story is still in early stages, and has a high probability of lasting decades, so it won't be long before the money flows this way again...can't wait!
 
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