MAN mandrake resources limited

RIO TINTO ELECRALITH produces 99.9% pure BATTERY GRADE LI FROM MAN BRINE, page-15

  1. 13,802 Posts.
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    Chris 2184, ASN imo is all estimation as well, as it is only an indicated resource NOT Measured ! Again wrong and you know it- here it is from the MAN latest quarter report

    ASN $172m MC, $17m cash, DFS, LG offtake, 1.5 million tonnes LCE
    (Indicated Mineral Resource – Lithium Carbonate) this is indicated JORC and not "Measured" JORC for ASN
    The National Classification System's definitions for Measured, Indicated and Inferred Resources are consistent with those of the JORC Code.

    Hence why i believe ASN at $172M MC could easily halve from a $172m MC, but again i am not here to discuss ASN as i don't hold and never would at that high MC for ASN imo.


    MAN $20m MC, $15m cash, " In March 2024, Mandrake released an Exploration Target1 (JORC 2012) range of 1.7 to 5.6
    million tonnes (Mt) of contained LCE (Lithium Carbonate Equivalent)""

    Great start here for MAN , very happy with the progress so far

    https://hotcopper.com.au/data/attachments/6225/6225905-22fee92cecc4bbc68876725f2d391b13.jpg

 
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