Reedy Lagoon Corp.
Reedy Lagoon
(ASX:RLC)


Overview

Nevada is known for its favourable brine chemistry and given its centrality to the likes of Tesla, could one day be a major source of supply for car manufacturers and electronics giants.

That’s why this tightly held ASX junior has entered the fray, securing three highly prospective lithium projects in the region.

Importantly, its flagship project is only 10km from the $15.8 billion capped Albermarle’s Silver Peak.

Today’s company has a second project within 50km of Silver Peak, suffice to say this is a company in the right space at the right time.

Not only are the company’s projects near Albermarle’s, its tenements are known to be located above favourable brine chemistry, which indicates a very competitive production cost and low CAPEX.

The numbers are looking good for this $9.8 million capped junior as it seeks to capitalise on the current hive of activity in Nevada.

The information on this page should not be the only trigger for your investment decision. Click on the link below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

Today’s company is targeting 15,000t of annual production at its projects within the next 1-2 years as its sets off on a path to revaluation.

With a solid array of lithium projects in a region that could feed lithium to the likes of Tesla for many years to come, we expect to see a flood of news to come.




Australian ASX Small Cap stocks | Why Finfeed.com is Australia’s leading small cap publication

Founded seven years ago, Finfeed.com is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise.

Finfeed.com provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more.

Finfeed.com is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!

X