MAN mandrake resources limited

Ann: Utah Lithium Project Presentation, page-194

  1. 13,666 Posts.
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    i think both companies have merits.i have emailed James only twice with reasonably quick correspondence some time back.

    MAN has a far stronger financial position, ASN are more advanced in the Paradox.

    But you all fail to understand the basics of my points and that is on purpose.

    MAN are about building a large high grade resource and adding big value in an area with many larger onlookers, a good move in my opinion.
    We would be crazy thinking MAN and ASN can achieve to production without vast sums.

    ASN on the order hand, whilst more advanced, have spend near what $60m in Paradox and found themselves stuck between a rock and hard place with no money ,a difficult market and relying on CR and loans.
    So ASN is NOT in a sound financial or capital structure position to be in, and if you or the other Two think ASN are going to achieve production on their own youre in dreamland.
    ASN is a penny dreadful stock, with just about no cash left and not even started building a plant infrastructure etc.

    You can disagree all you like those are the facts .

    So because if these views you are on a revenge attack hahahaa oh ok.welk others at ASN need to be reminded of such from time to time .Hope they come good but that is a long time away and high risk, MAN have no risk financially with $15m in bank

    Funny none of you over there remind others the difficult position of ASN, it's just going to tff moon going to the moon rubbish when in fact ASN is falling now showing exactly what market thinks.
 
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