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2.9¢ mandrake resources limited

ElectraLith vs Electroflow, page-34

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the technician

9,653 Posts.

2229

03/08/24

21:25

Post #: 75059586
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Originally posted by Cartier87: ↑

Good evening.
I can confirm after speaking with James, Mandrake's predominant focus with Paradox is the release of the jorc compliant resource and capital preservation.
Capital preservation of Mandrake's $15,000,000 cannot be understated was James message.

The board of Mandrake are well aware of the soft lithium market in general, so moving in this direction will bring shareholder value whilst preserving a bouyant bank balance position.

You are correct ,ShareB1, I too suggest this strategy from James will indeed bring the most benefit for Mandrake and it's share holders, particular as you state the major behind electralith are well aware of the high purity lithium hydroxide produced from Mandrake's brines, from memory above 99%.

The wild card here is the buying from Mandrake's director Mr Roger Fitzhardinge, coupled with the investor publication topping up, and the share grabs from the sale of Galan's holdings.

Cash is King.

GLTAH DYOR

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Ok fair call I'll wait to see this magical JoRc appears and preserving cash when your exploring is wise I agree . On the flip side ASN is a developer/producer so it doesn't apply but I'll take that to ASN threads .
So in light of this I will holster my Q&A until something significant arrives , this may make some happy I have no opinion either way I was only ever here to DYOR And high I never got and I only bought the DYOR because management didn't sufficiently answer either so I will lament and wait it may be for some time ......... just be careful with hat you wish for .

GLTAH DYOR warmest of warm regards TT

MAN Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
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Last 2.9¢		Change -0.001(3.33%)		Mkt cap ! $17.88M

Open	High	Low	Value	Volume
2.8¢	2.9¢	2.8¢	$18.71K	650.6K

Buyers (Bids)

No.	Vol.	Price($)
2	150000	2.7¢

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Price($)	Vol.	No.
2.9¢	2759	1

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No.	Vol.	Price($)
2	150000	0.027
3	215000	0.026
5	2220000	0.025
1	1467137	0.024
1	884067	0.022

Price($)	Vol.	No.
0.029	2759	1
0.030	154932	3
0.031	1041395	4
0.032	852769	5
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ElectraLith vs Electroflow, page-34

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ElectraLith vs Electroflow, page-34

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Sellers (Offers)

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