These latest Manna results really were exceptional imo, It's all about width of hits and anything over 3m's is very economical to extract. Once you get under 2m's it's extremely difficult not to contaminate the ore with waste when blasting and digging. Once it's contaminated the technology isn't available to separate it so multiple loads will go straight to a contam dump for extraction at a later date when expensive ore sorters are used (which most of the majors don't have). The 24m hit is something the likes of even Pilbara minerals would find mouth watering. I think GL1 is going to be a major in the Li space and the 20% holding (free carry) in Manna can't be underestimated.
BRB Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
