MAN
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3.70% 2.6¢ mandrake resources limited

Ann: BLM Permit received for the Utah Lithium Project, page-58

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  1. Plimsoll
    5,631 Posts.
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    11/02/24
    15:25
    Post #: 72347270
    Actually I was wrong , total expense for first 6 months were $1.886M . However those expenses are offset by roughly $300K in bank interest ( nice ) so let’s say net $3M expenses for the 2024 financial year ( including exploration ) and the bank balance will be around $13.5M going into the 2025 FY. Still a nice little buffer from the vagaries of a CR and plenty of cash to scale up if required . Still a good bet.
    MAN Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.6¢ 		Change
-0.001(3.70%) 		Mkt cap ! $16.03M
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2.7¢ 2.8¢ 2.6¢ $17.11K 623.5K

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2.8¢ 20300 1
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