spot on Maxiou and welcome aboard Maxiou and Yin !
Yes we have a few posters here that bought in the 20 cent price range and are raving mad, but as with life timing is essential !
A few things i can share, Management raised cash at 20 cents and unlike most other small caps that raise on the lows, MAN management got a good price raise and now we have $18.3 million in the bank ! Have now had this cash at bank for over 2 years and now this lithium project looks extremely promising
On the recent USA Utah Lithium acquisition, GLN took 30m shares in MAN at 5 cents in that announcement and also recently bought 5 million shares on market at 5.6 cents !
6 months ago Managing Director Mr Allchurch also put $230k of his own money into MAN, and on top of this directors have been issued performance shares with an exercise price of 10 cents, so i expect the share price of MAN to steadily rise over coming months to that level and beyond !
The new Utah Lithium project in the USA is in the Paradox Basin in Utah, and this is an extremely fertile region for Lithium Brine, with ASN ( asx listed $230m MC) in close proximity and resource being 1,037,900 tonnes of lithium carbonate equivalent (LCE) and 5,274,900 tonnes of bromine,!
Agree watch this space, GLN are on board and yes they know exactly how to make money !
MAN also hold the Jimperding PGE nickel copper project in WA near to the world class giant CHN Julimar mine and the Berinka gold project in NT !
All in all i am expecting a great second half to this year ,
MAN Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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