I was originally interested in investing in RLC ,but after reading a research report by a company focussing on Lithium brine in Utah that described issues of falling Lithium grade and quantities in Nevada along with water rights issues and restrictive BLM licences.
The whole report was pretty much saying that Nevada is no longer viable for new operations to extract brines.
I think like many Lithium plays there will be money to be made here ,but long term I think this company will fail in Nevada ,after reading the Rockstone research report on Prima diamond acquires the green energy project in Utah.
Ann: Becoming a substantial holder, page-75
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Mkt cap ! $1.858M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7026429 | 8 |
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