At this moment all these are speculations (Lithium Stories), even if the SP skyrocked up to 4 cents, price wont stay there for long term, only punters will get bebefit on this kind of market announcements. RGL price will go up to 15 to 20 cents and the price will stay there for longer if the Northern Zone diomond result came back with good grade s like (ASX:SHN) and a subsequent JORC resourses, this gives RGL a strong base for a 100 to 200 Million MC.
I think based on below core from their recent drilling will achieve that:
Ann: Key Tenement Acquired on NE Extensions of Andover Corridor, page-45
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $6.652M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.387K | 231.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 9132170 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3314448 | 8 |
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| Last trade - 10.07am 05/07/2024 (20 minute delay) ? |
| RGL (ASX) Chart |