RLC 0.00% 0.2¢ reedy lagoon corporation limited

1 bn ton lithium source just a few km's away, page-84

  1. 184 Posts.
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    Management are better on this one. Take li3 for example. They have lith in nervada but they're too stupid to drill it. Instead they pay themselves to do nothing.
    RLC is fully funded for multiple drilling programs. 3 projects all in nervada, 300kms from Tesla.
    Management are *dare i say it*.. Ethical (or so it seems). They pay themselves peanuts and own a heap of shares. They consistently top up.
    Note that when the share price was at 2.5c, management completed a CR at 3c.
    The next CR was a rights issue, showing they care about shareholders.
    They are also open to you calling them whenever to chat.

    If we hit lithium, this thing will fly.
    If we don't, well then bummer, we'll drill elsewhere.
 
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