MAN 0.00% 3.0¢ mandrake resources limited

Ann: DLE provider produces 99.9% battery-grade Lithium Hydroxide, page-80

  1. 399 Posts.
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    Thanks, although your suggested tie up is one way to progress but it may be at a higher cost.

    From my discussions with JA, my understanding is that MAN gets advance technology company with the lowest operating cost tie ups that they prove the technology and man supplies the brine. Next step is that again MAN supply more bribe for the pilot experimental plant which is quick result oriented but a site based lab which has multiple scales of the current lab to confirm it works, let us say it can produce 1kg or similar during the process. This will be followed by a partner building a small but saleable commercial plant. The resource will be confirmed soon but which is of the order of 1.7M - 5M tones, this equates to 37 Billion AUD at the current prices. If someone is interested in an offtake then we are on to money.

    This is a small cap speculative, so there are risks for holders. Since you are not a holder lucky you have no risk, no need to have sentiment.
 
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