MAN 0.00% 3.0¢ mandrake resources limited

Ann: Wells secured for re-entry Lithium sampling at Utah Lithium, page-48

  1. 639 Posts.
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    GLN hold 2 major projects in Argentina (total 6.6Mt Li and growing). Plus they also hold potential lithium targets in Western Australia.
    They have just hired a new well regarded gun geologist with extensive experience.
    Nothing in Canada.
    They have some major approvals ahead for their Argentinian projects and the much awaited BFS should be delivered this week.
    Currently undergoing cap raise for Capex and an initial lithium production target of 4ktpa with the long term aim of 60ktpa -if that is achievable at this point is contentious but definitely a company on the move.
    MANs new lithium grounds in the USA may prove very appealing to GLN as an entry to the US market.
    I've held both companies for over 2 years and can see the appeal of MAN to GLN.
    They are clever operators at GLN.
    If MAN can show Li in their new holdings = game on.
    MAN definite target moving forward imo.
 
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