bit of perspective for some in comparison to ASN
heres where MAN currently are, they have secured land and increased their land holdings, next up is defining the brine volume and then defining an exploration target probably using the model and near surface testing
they then submit an application to re-enter the well (an NOI) around 3 months later
after 2 months that approval was given
a month after that all BLM approvals are granted, ASN are ready to drill
2 months later after site works they begin the drilling campaign
this is what i mean about people getting into a frenzy that this is a limited time deal at 4c, from where MAN are right now it took ASN around 8 months to begin drilling and another 2 months for the full results and heres what came out of that first drilling
absolute dogshit grades which severely hampered the company..
this is why MAN is 25m MC and thats the risk, just dont go thinking its a dead set sure thing and drilling will start in a month and be finished in 2 months, there is a long way to go here
