MAN mandrake resources limited
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MANDRAKES AREA OF INTEREST OWNERS GOING BANKRUPT, page-42

  1. Kotaredrew
    6,546 Posts.
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    23/10/24
    12:15
    Post #: 76259926
    Big one for me is that they went with 2 'UNPROVEN' DLE start ups- just not wanting to spend money. It's okay to be tight- in fact its great for a boss to be like that... but you get what you paid for.
    Could they go for a 'Koch' of the world with great contacts and proven tech- NO- because they couldn't afford it.
    So they went with one tech where the govt gave the $1m grant to play and learn about DLE.

    IMO, ASN a street ahead with DLE & its tech. Hell, we have our plant running in parallel against Koch and streamlining the process.
    MAN might have there's ready by Xmas- but can't see them entering a well shortly to actually feed that plant.



    Last edited by Kotaredrew: 23/10/24
    MAN Price at posting: 2.9¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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