RLC reedy lagoon corporation limited

Management really need to get real and provide holders with more...

  1. 7,024 Posts.
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    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
    Last edited by jas626: 11/01/17
 
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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
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Last trade - 09.59am 16/09/2025 (20 minute delay) ?
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