MAN mandrake resources limited

Ann: Additional drill location identified at Utah Lithium Project, page-4

  1. 13,666 Posts.
    lightbulb Created with Sketch. 777
    What you fail to understand is Brine drilling is very cost efficient compared to Hard rock lithium drilling , as brines are generally leached to the surface.
    So very limited money will be needed to prove up a potentially massive Lithium Brine resource here.
    Galan (GLN) are overseeing all this and MAN with cash of $16.8m and $20m MC is just a complete bargain at this level.
    I expect to see 5 cents soon and the 10 cent performance shares in the money by Christmas.

    https://hotcopper.com.au/data/attachments/5662/5662384-95682a8e28a3b9feee68fc05cbe78627.jpg

 
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