MAN 2.44% 4.0¢ mandrake resources limited

MAN’s project has an intercept twice the thickness, of higher...

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    MAN’s project has an intercept twice the thickness, of higher grade, and at almost half the depth of Carnaby’s.
    Carnaby Resources is currently trading at $1.36 with a $194M market cap.
    Prior to today’s acquisition, MAN was capped at $22M, with $16.2M in cash.

    That historical intercept, coupled with the source of mineralisation being unknown (due to a lack of modern exploration techniques and ~80% of historic drilling limited to depths of only 140m), has us suspect that MAN’s project has the potential to host a copper deposit of serious value, especially when we consider what else is in the region.
 
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4.1¢ 4.1¢ 4.0¢ $31.98K 786.6K

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No. Vol. Price($)
4 402566 3.9¢
 

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Price($) Vol. No.
4.1¢ 563356 3
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Last trade - 10.39am 08/05/2024 (20 minute delay) ?
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Last updated 10.43am 08/05/2024 ?
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