Management really need to get real and provide holders with more information
1. prepare a company presentation
outlying the Nevada project in detail, why it will benefit shareholders to invest here etc.
2. given the presentation, it should create some interest and increase the SP at which point RLC can implement at CR at a half decent SP to avoid unnecessary dilution for its holders.
3. offer a free option for holders that have stuck by RLC
4. give a detailed timeline on when drilling will start etc.
"Over the next 9 months about $700k needs to be spent in preparation for drilling. This includes the cost of the first year’s claim rental fees as well as geophysical surveys and drill permit applications. Subsequent expenditure of at least $2m will be needed for drilling and core testing of aquifers, pump tests and pilot plant over the following 2 years. "
the above is unacceptable do they really expect holders to wait out 9 months for drilling to start?
they really need to have a detailed timetable of there planned approach in regards to this project and it should be addressed in there company presentation
- Forums
- ASX - By Stock
- RLC time to get real
RLC
reedy lagoon corporation limited
Add to My Watchlist
0.00%
!
0.3¢

Management really need to get real and provide holders with more...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.330M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 15106927 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 8172248 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 15106927 | 0.002 |
22 | 28186498 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 8172248 | 10 |
0.004 | 3529300 | 2 |
0.005 | 250000 | 1 |
0.006 | 651045 | 2 |
0.008 | 185963 | 1 |
Last trade - 09.59am 16/09/2025 (20 minute delay) ? |
Featured News
RLC (ASX) Chart |
Day chart unavailable