MAN mandrake resources limited

Ann: Utah Lithium Project - Presentation, page-42

  1. 6,243 Posts.
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    I reckon most of the holders recognised that the Co had a huge amount of work to do to get this thing going.
    Was the ability to make some money, buying at the lows, then selling when James released the ESTIMATED Jorc- but with the huge costs of drilling and setting up a pilot plant/carting brine/drilling, etc, the very quiet holders here recognised there is still a long way to go.
    Still a long term play going- if James can prove it up with drilling, but as sb1 keeps saying- it’s looking pretty quiet for Lithium Players atm.
    Importantly, James still has that cash hoard- so I wonder if he’ll look for the next big thing somewhere else- as he doesn’t seem to want to do the hard yards here enough to give this a go.
 
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