Here are a couple of companies to use for LCE comparisons LEL total MRE indicated & inferred of 3.3mt LCE @ average 400mg/l current MC $38m (pending sale of Lithium project for $ 97m US) LKE total MRE indicated & inferred of 10.6mt LCE @ average concentrate 267mg/l MC $130m MAN inferred MRE 3.3mt LCE @ average 70mg/l (assumed) mc $16m
The comparisons while not totally accurate paint a pretty clear picture, MAN has lower concentrates which makes it less profitable to process.
MAN Price at posting:
2.7¢ Sentiment: Hold Disclosure: Not Held
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