MAN 0.00% 2.7¢ mandrake resources limited

What you fail to understand is Brine drilling is very cost...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,577 Posts.
    lightbulb Created with Sketch. 693
    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

 
watchlist Created with Sketch. Add MAN (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $16.93M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $13.23K 489.9K

Buyers (Bids)

No. Vol. Price($)
5 756068 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 45085 1
View Market Depth
Last trade - 15.29pm 06/11/2024 (20 minute delay) ?
MAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.