MAN mandrake resources limited

10.0%

2.2¢

Ann: 3D seismic enhances Lithium exploration, page-22

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20/07/23

03:13

Post #: 68877224
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Originally posted by 1sharetrader1: ↑

MAN reminds me of the early days of ASN.
ASN was around the same price as MAN is now when they first acquired Paradox Basin land but fell to 1 cent and did a cap raise at that price with a free option as it takes a lot longer to get anything done in the USA under a Democrat government.
I personally think that the Lithium grades will be very low on MAN ground, averaging under 50ppm and probably under 20ppm for most of the area, I hope that I find out that it could be higher making MAN another great buy for me to enter for the long term.
But that all being said MAN would be a great speculative trade buy when money runs out and they need to do a cap raise closer to 1 cent like ASN ended up needing to do.
Regulatory approvals will bleed MAN dry and cause a fall in the share price and a cap raise at a much lower price, that is the price you pay for doing business in the USA under certain administrations.

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Good to see an old sparring partner. Fond memories on your prophet postings telling us before the assay results that Newleyine’s ground is too high and too far east to host PGE and that The Bull is the motherload. I hope one day ASN drill The Bull.

MAN Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.002(10.0%)		Mkt cap ! $13.79M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$112.5K	4.969M

Buyers (Bids)

No.	Vol.	Price($)
3	672163	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	695871	5

View Market Depth

No.	Vol.	Price($)
2	626709	0.022
4	1310000	0.021
4	1550000	0.020
3	1618282	0.019
4	2555555	0.018

Price($)	Vol.	No.
0.024	315871	4
0.025	929514	4
0.026	1100000	3
0.027	200000	1
0.028	550000	2

Last trade - 16.10pm 25/07/2025 (20 minute delay)

MAN (ASX) Chart

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Ann: 3D seismic enhances Lithium exploration, page-22

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