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Reedy Lagoon’s $1.8m placement could unlock Lady Janet drilling

1:50pm on Wednesday 30th of September, 2026 AEST • Mining
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Reedy Lagoon’s $1.8m placement could unlock Lady Janet drilling

1:50pm on Wednesday 30th of September, 2026 AEST
Key Points
  • $1.8 million placement conditional on 22 October shareholder vote
  • Cash fell to $44,416 after $273,219 operating outflow
  • Auditor identified material uncertainty over going concern
  • Lady Janet is now the company’s main drilling focus
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