Australia's Recharge Metals falls on drilling suspension at WA copper project

Recharge Metals

05/04/2022 03:10

** Copper explorer Recharge Metals  REC.AX  slumps as much
as 12.2% to A$0.43, its biggest intraday pct drop this month
    ** Co says https://app.sharelinktechnologies.com/announcement/asx/1b4cc080c394a0a0ace43b89ab0d08bb
 to temporarily suspend drilling operations at Brandy Hill South
project in Western Australia
    ** Project hampered by rain, which caused pooling of water
in certain areas and blocking access to certain drill holes
    ** REC hits lowest since March 31
    ** REC stock more than doubled this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))