MAN 0.00% 2.7¢ mandrake resources limited

Ann: DLE provider produces 99.9% battery-grade Lithium Hydroxide, page-157

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  1. 614 Posts.
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    Ownership of mining rights are achieved through making claims. To be noted is that it will be same for all companies some of whom are in production already.

    Based on Info received, MAN owns over 2000 claims, a spreadsheet downloaded has has close to 3ok lines so I couldn't go through. Anyone can go through the site to verify MAN and other known companies info.

    https://hotcopper.com.au/data/attachments/6192/6192778-efd6908a8dbdba0d2169dafc3e074ec0.jpg

    https://hotcopper.com.au/data/attachments/6192/6192787-c03e9ff972d87713735394be656a765d.jpg

    https://hotcopper.com.au/data/attachments/6192/6192794-d8c8198381056ed8053334be94c17c13.jpg


    MAN is proposing to put a pilot plant at the location of a gas plant in the area servicing the area

    There are network of roads and facilities that support the wells and site, so no extra cost for infrastructure.

    Expected value of Li is between 50-60 Billion dollars in ground, will be confirmed in the coming months after independent consultant review

    5 wells have been accessed already and brine tested, lot of scope remaining, no further permits are required to extract brine - recommended to research US mining claiming rights and share

    Hope this is a good starting information, please go to these website and research for both MAN and ASN and check if they can show any additional permit document the you trust and MAN does not have, then we can take it from there, even consult with ASN.

    It is good to have doubts, as we are investors mostly bitten by companies, I believe MAN will come good, but ready to accept otherwise if evidence demonstrates otherwise rather than speculation, as many people I see here are blindly pulled into speculation. Let us not do that mistake. GLTAH


 
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