RLC reedy lagoon corporation limited

WA Gold, WA Magnetite, Lithium Brines Next-Door to TESLA

  1. 183 Posts.
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    cool.png I'm buying up in support zone under 3c. 5c next Breakout Zone, after that 10c next target on news flow coming.
    The SP will grow strong this year from the WA Iron, WA Gold and Green Lithium Brines next door to TESLA.
    There is more Lithium deposits in Brines in underwater tables than hard rock spodumene deposits. That includes Australia, USA and Globally.

    biggrin.png There is a Gold Rush that has been playing out for the past decade with multiple new techs that are extremely efficient, faster, low cost and have enormous Lithium extraction yields compared to current techs for mining lithium. This will lead the EV / storage battery boom going forward.

    The current techs include large sale evaporation ponds (which are only feasible for sites with expansive flat areas) and hard rock mines.
    Both are high cost and low yielding.

    RLC will extract Lithium from the Brines using one of the new techs in pilot plant stage which returns the water back to the underground table. It is low cost, tremendously efficient and environmentally friendly.
    The technique has the potential to slash lithium extraction times from months and years to hours and to facilitate lithium recovery rates of about 90 per cent and up. This is compared with the 30 per cent recovery rate achieved through the conventional solar evaporation process.

    No need to lobby for environmental permits and approvals for enormous evaporation ponds or open pit mines.

    smile.png The sector is undergoing a swing away from Hard Rock Mines and Evaporation fields to the newer efficient green lithium brine water table return techs.
    wink.png RLC is doing to right thing and setting up the company to be a viable big player. I am backing this company's projects. Huge growth in 2021, Massive rise in 2022.
    https://hotcopper.com.au/data/attachments/2956/2956977-baeb4e8fd669a4f7c63c94e504715022.jpg

 
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Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $1.553M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $4K 1.999M

Buyers (Bids)

No. Vol. Price($)
3 667999 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 8745872 11
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Last trade - 10.48am 12/08/2025 (20 minute delay) ?
RLC (ASX) Chart
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