Ann: Diggers and Dealers Presentation - Manna Project Update, page-21

so 50%-100% above cash value, yes? GL1 has $30m in cash/liquid asset and a MC of roughly $60m.
If you are right, we are in that range now but more importantly, this suggests that the market values the deposit of 214Mt at 1.2% Li2O Ore Reserve at around zero.
Let me show you a 50% graph that tells me that the resource it is worth A LOT more than that (as the worm re lithium prices will have to turn eventually).



I am starting to think that clowns like stonks92 and yihao are here for a purpose (the latter posting exclusively on GL1), which is to always post negative to get more people to sell so that someone (likely with a last name similar to yihao or at least from that jurisdiction) can make a low ball offer and buy those 214Mt at 1.2% Li2O on the cheap. I guess it is a fair assumption that most shareholders would accept a 50c per share offer right now. Would they have even considered such a joke offer when this shit show commenced at around $1.20 not that long ago? hmm...