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clock Created with Sketch. 19/07/23
10:55
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Originally posted by John4blue
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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.
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This will be the news we all been waiting for, just keep pumping and maybe i will break even at 34 ct:
(20min delay)