MAN mandrake resources limited

MANDRAKES AREA OF INTEREST OWNERS GOING BANKRUPT, page-41

  1. 275 Posts.
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    Hi Tab,

    don’t forget that MAN are going to have to JV to likely get those for Disposal Wells aswell. MAN is already built on unproven tech 5 years+ away so very unlikely they will want to add another red flag.

    MAN will likely give 15% - 30% of the project away just for those, then your looking at 60%+ for Electralith to design, build, finance, operate and monitor the plant.

    Unless they CR at near all time lows of course, but I don’t see the market being keen on a company that sells brine to another company to turn into Li Carbonate. I mean how do you even price brine?

    sell it at the same rate as commercial water? Sell by the mega litre maybe?

    all very concerning…
 
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