MAN 3.57% 2.9¢ mandrake resources limited

Ann: Regional continuity of Lithium brine reservoir gives scale, page-24

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  1. 10,690 Posts.
    lightbulb Created with Sketch. 2102
    Um, no I do not agree with you.
    As I have said, the Paradox basin is low grade for lithium.
    I may have not said it before on the ASN threads, but all the ground they are waiting to drill and test is too far out from the Roberts rupture Canes creek anticline cross section and will be lower grade for Lithium, the trend is leading that way from what Anson has re-entered and tested so far.
    The further you go out from the geological structure that is delivering a decent grade for Lithium the lower the grade, and Mandrakes ground is nowhere near the geological cross section that has so far been proven to be the only anomaly to deliver a decent Lithium grade.
    I would only see MAN as a trade based on ill-informed hype.
    Anson has the only decent ground on the Paradox basin, everyone else has the low-grade hopeful ground until proven otherwise.
 
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