hmm clearly the market is factoring the lithuim brine targets RLC have as complete failures, and worse than that they consider them worse than a shell as it is a money drain for the company with no other decent interests.
also the Alkali project looked the least promising from the three prospects drilled to date, so RLC sure have there work cut out, would be interesting their cash postion at present, and information on the new ground they have.
having said all that its the type of company that from a low MC base can 10 bag pretty easily as it has done before on the right news/prospects.
Ann: Geophysical surveys contracted for RLC's lithium projects, page-16
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